As per Cybersecurity Ventures, cybercrime will cost the global economy $10.5 trillion per year by 2025, an increase from $3 trillion in 2015. With these staggering numbers, it's evident that an effective approach to cybersecurity management is no longer an option; it's mandatory. This blog will examine how to best protect your data as a business and explain how Tekkis can assist you in staying ahead of technological advancements. Best Practices for Effective Cybersecurity Management 1. Conduct Regular Risk Assessments One of the fundamental elements of a successful cybersecurity strategy is conducting periodic risk assessments. These assessments assist in identifying vulnerabilities in the infrastructure of your business and allow you to fix vulnerabilities before they can be exploited by criminals. A risk assessment usually involves reviewing the security of your network by identifying sensitive data and analyzing the consequences of various cyber-attacks.
Can you recall an instance where you were almost conned by an email? This scenario is becoming increasingly common, and it highlights a growing threat in the cyberspace: cybercrimes based on identity theft. Traditionally, cybersecurity services are more concerned with defending the network and its boundaries. But with the advancement of technology and with identities as the access points to data and systems, the focus of the attackers is changing. For instance, a situation where a cybercriminal has tricked your CEO and asked for a wire transfer. The implications could be catastrophic for your organization's revenue, its image, and the loyalty of its customers. This blog aims to analyze the current trends in identity-based attacks, the types of threats that exist, and the consequences they can have on businesses. Most importantly, it presents Tekkis' managed cybersecurity services that are aimed to assist you in addressing these threats and creating a safe environment. Why