Cyber Security

What is Botnet? How to Prevent Botnet attacks?

Think of the damage that a hacker can do. Right from, breaking into people’s accounts, spreading fake websites, sending out dangerous spam to tricking people into handing out personal information, infecting millions with malware, and even denying access to the internet. Now imagine what a hacker can do with an army of computers at their disposal, strengthening his resources on an order of thousands and millions. This army of computers actually exists, and these are called “Botnet(s)”.  

What is Botnet?

Basically, a botnet is a network of infected computers which, under the command of a single master computer, work together to accomplish a goal. It may seem simple, but it is the powerhouse behind some of the worst attacks’ hackers can attempt.

A botnet includes groups of computers that have been infected with malware. A hacker remotely controls all of the computers in the group to do things like sending spam messages, generating fake web traffic, conducting DDoS attacks, serving ads to everyone in the botnet, or even forces payment from users to be removed from the botnet.

A botnet relies on two things:

First, it needs a large network of infected devices, called “zombies”, to do the grunt work for whatever scheme the hacker has planned.

Second, it needs someone to actually command them to do something, which is called the Command and Control center, or “bot herder”.

Once these things are in place, a botnet is ready to bring chaos and do harm to people and systems.

How do Botnets work?

There are two primary ways that botnets are set up, the Client-Server model and the Peer-to-Peer model.

  • Client-Server Model: This is an old-fashioned way, where “zombies” receive their instructions from a single location, usually a shared server or website. So, if you want to shut down a botnet, just take down the website or server and the whole system would crumble.
  • Peer-to-Peer Model: In this system, each infected machine communicates directly to a few others on the network. Those few others are connected to a few more until the whole system is strung together. So, removing one or two devices is not a problem in this model, as others can pick up the slack.

In both cases, the Command and Control owner can command and control the network. This is the reason why they use digital signatures to ensure that only commands issued by the hacker or whoever he sold the botnet to are spread through the entire network.

5 ways to stop Botnets from stealing Data

Botnet attacks are generally combined with other cyber threats, which makes its detection challenging. However, eliminating botnet threats can help businesses to stay protected from such attacks.

  1. Windows firewall: This is the basic defensive tool against network-based security threats. However, users sometimes prefer to disable them to establish easy network connections. Organizations must have alternative firewall protection and also, ensure the appropriate configuration of firewalls.
  2. VPN with a kill switch: A VPN (Virtual Private Network) allows access to private data through a public network. If the VPN provider has a kill switch to stop access to confidential information, the switch will hinder the transfer of data from VPN to any unsecured connection.
  3. Network compartmentalization: Enterprises must have secure external and internal network communications. Compartmentalizing a network facilitates in putting up access controls to limit internal communication and also monitor tracks of unexpected connections, thus highlighting the presence of a cyberattack. By limiting broad access to internal machines, the botnets can be stopped from spreading.
  4. Plan a secure baseline strategy against BEC attacks: BEC (Business Email Compromise) is a common form of cyberattack that targets businesses relying on wired transactions with international suppliers. Such attacks are not easy to defend. Therefore, to end such attacks, Organizations need defensive gateway web tools.
  5. A dedicated system to block fraudulent emails: Many busy users click on emails without paying much attention to them. In an Organisation, having a policy against opening random emails is not enough. While raising awareness can be of some help, the employees should be able to report suspicious emails. Additionally, employees should be prompted to update their login credentials with strong passwords, so as to create awareness of different kinds of cyberattacks and their respective real-time solutions.

Botnets are difficult to stop once they have taken control of user’s devices. So, to reduce phishing attacks and other issues, make sure each of your devices is guarded well against this malicious hijack.

Neumetric, a cybersecurity services, consulting & products Organization, can help you reduce your security cost without compromising your security posture. Our years of in-depth experience in handling security for Organizations of all sizes & in multiple industries make it easier for us to quickly execute cost-cutting activities that do not bring value to you, while you continue focusing on the Business objectives of the Organization.

5G IoT Security – What’s in it for CISOs?

While 5G digital cellular networks are being set up around the world, it will surely take years for widespread coverage. This is the best time to find a way to ease into it while keeping cybersecurity in mind.

A New World of Opportunities, but with Risks

The digital cellular network, 5G opens up a whole new world of opportunities for services that take advantage of the higher speeds and lower latencies that the digital cellular network will offer. But with most significant technology advances there come risks for both network operators and users.

For the network operators, the architecture of the 5G network for tomorrow is going to be complex. While the infrastructure that supports the service ‘slices’ will be virtualized and orchestrated, the Multi-Access Edge Computing required to support new services will open up mobile infrastructure to a broader range of vendors. The intricacy of the control-plane to manage services and end-point connectivity will increase and so will the potential for cybersecurity issues from compromised or poorly behaving devices and applications.

For consumers, privacy would become a big issue. One of the main uses of 5G is massive machine type communications that support the ongoing proliferation of a large number of low power, low-cost IoT devices.so, we can expect a growth in information gathering and exchange.

Organizations will be able to gather a lot of data about online and offline activities. This will allow them to create a more detailed picture of customer behavior. This will allow services tailored to consumer needs, habits, and locations, but it will also enable a new wave of social engineering attacks that would target individuals and the businesses they work within.

However, the major concern is that even if that data is anonymized, it is possible to construct a virtual identity for a user, which can be used to drive analytics and other decision-making systems. This is where regulation needs to be evolved. Users may need protection from pseudo-automated discrimination that can occur without reference to their real-world identity.

5G IoT Security Worries

While massive machine type communication networks are not expected to be deployed widely before 2021, they should eventually become omnipresent. They need to pave the way for wider IoT device usage by public entities, enterprises, industries, and so on. Increased scale for device connectivity and interconnectivity together with “slicing” will enable a new range of IoT services and applications. As most of the existing IoT devices are not developed with cybersecurity as a priority, these devices themselves will be one of the security weak points.

When it is all about consumer-focused IoT, the concerns are evident in any conversation with a network operator who is looking to roll out 5G. Keeping in mind the amount of traffic these 5G connected IoT devices can generate and the potential for the synchronicity of action that can cause resource exhaustion within some aspect of the infrastructure, it is quite clear that these vulnerable devices pose a threat to mobile networks.

Neumetric, a cybersecurity services, consulting & product Organization, can help you reduce your security cost without compromising your security posture. Our years of in-depth experience in handling security for Organizations of all sizes & in multiple industries make it easier for us to quickly execute cost-cutting activities that do not bring value to you, while you continue focusing on the Business objectives of the Organization.

The cybersecurity experts at Neumetric believe that at the most basic level and to protect the device fleet against the vast majority of common attacks and mass-malware outbreaks, Chief Information Security Officers should:

  1. Select manufacturers or vendors who can assure that they provide ongoing support and software updates for the devices.
  2. Use up-to-date software and put up a process in place to assess new vulnerabilities that are disclosed so that they can be managed appropriately.
  3. Have a visibility solution or service in place so that the behavior of devices can be monitored so as to spot and investigate deviations from the norm.

What is Cybersecurity Leadership?

For organizations today, cyber risk is everywhere. Nevertheless, for every investment they have done to secure the systems and protect customers, entrepreneurs are still struggling to make cybersecurity a hands-on part of operations and strategy. There are basically two reasons behind this, first that cybersecurity is still treated as some back-end job and second that your IT department is ill-equipped to exert strategic influence.

 

In most businesses, cyber leaders are expected to secure the business, but when the company board makes big, strategic decisions about the business model, product, and digital strategy, cybersecurity is just an afterthought. This clearly states that companies are losing out on the value that the function can provide. Now, this approach was acceptable in the past, when threats were slower and less complex, but today it is not sufficient.

 

Today cyber leaders should be proficient enough to embed security throughout the business operations, rapidly respond to threats, and influence fellow senior leaders. And therefore, companies need to hire and develop security executives for their IT department who have the skills to do so. It’s time for the company boards to retune their expectations about how cybersecurity is positioned and what would be the role of their cyber leader in this risky scenario.

Here are some pointers that are sure to facilitate businesses to set a framework as to what business leaders should do to spur cybersecurity success.

Your Cybersecurity Strategy: First thing that you need to ask yourself is what outcomes are you seeking. Every business has a unique risk portfolio and there is absolutely no one-size-fits-all strategy. However, there are some primary options that all companies should consider while building their strategy. For instance, the strategy should be built around business continuity, compliance, brand protection, and bottom-line growth. You may want to think about factors like risk exposure, regulatory pressure, and customer value. Entrepreneurs must thoroughly analyze as to why they would need cybersecurity for their business, and they should be clear with their choices.

Cybersecurity function must influence: It may be easy to default to position cybersecurity within the IT function, but putting security and IT operations under the same roof, with the same budget can cause problems. Even before you decide where cybersecurity would be positioned, determine the types of influence you want it to have. Businesses operate in extensive ecosystems, where data and digital infrastructure are not neatly contained. Therefore, cybersecurity needs to be customized to specific elements. For instance, if your cyber needs are high in R&D, customer support, and manufacturing, you will have to position cybersecurity for lateral impact. Cyber leaders and programs also require proper authority, some political sway, and a top-level mandate so as to orchestrate change across the business. And most importantly, business leaders should incentivize the right stakeholders to work closely with the function.

Right Cyber Leader: It is quite crucial for boards and C-suite executives to prioritize mindset over technical skills while considering and evaluating cyber leaders. Skills like an expansive worldview, eagerness to help others grow, understanding how neuroscience can improve leadership, and having a voracious hunger for learning; should be taken into consideration. Businesses do require skills like threat intelligence, network security, and incident response, but these should not be the benchmark to measure cyber leaders. Cyber leaders should appreciate the technical capabilities, but they themselves need to be someone with an influential voice in business strategy, enterprise risk management, and technology decisions.

Cyber leaders should focus on building right relationships across the business ecosystem alongside structuring, empowering, and growing teams. They should be able to translate abstract technical concepts into messages that can illuminate senior leaders both logically and emotionally and elicit their contribution.

Neumetric, a cybersecurity services, consulting & products Organization, can help you reduce your security cost without compromising your security posture. Our years of in-depth experience in handling security for Organizations of all sizes & in multiple industries make it easier for us to quickly execute cost-cutting activities that do not bring value to you, while you continue focusing on the Business objectives of the Organization.

 

The Cybersecurity Experts at Neumetric believe that this framework can help mitigate business risk, lay guardrails for technology and security, reduce friction with regulators, and also increase competitive advantage.

Cyber Risks Heating Up for Businesses with International Tensions Flaring

You might be aware that security issues (Cyber Risks) have been moving from Trojans and Phishing to explosions at night. The military action involving Iran and the United States led many to speculate about possible cybersecurity repercussions. However, experts have a question as to whether the threat landscape has actually changed or not.

In the Cyberworld, there is a war going on all the time and there are attempts of nation state-backed attacks happening all the time. Players like Iran, China and others are always engaged. Threat actors are always probing and poking to see which data is visible and which opportunities are available. This constant probing in the cyber world has marked a clear difference from the situation when there was a cold war era and the battlefields were pretty defined. Now the Internet is the battlefield and most of the businesses are on this battlefield, whether or not they are a direct target.

But why are these businesses at risk of threats related to international socio-political affairs? What does that overall threat landscape look like to enterprises?

Attacks from different Directions


It may seem like the biggest immediate risk is criminal Organizations, which have an ultimate, straightforward goal to extract data or behavior from the company that can be converted to money. But, these nation-state sponsored attacks are going to be more specific. These would be financially focused and would be looking to impact the Organization they are attacking along some other line, whether that is to make a statement and cause panic. Making a statement is like attacking from different targets than most criminals might have in their sights. Panic may point to the large-scale economic disruption that might result from DDoS attacks against financial services institutions.

Apart from traditional IT targets, many industrial infrastructures around the globe are also open to cyber risks and most of these industrial environments are underprepared to defend themselves. These industrial targets are vulnerable and their vulnerability may have wide-ranging impacts. Just one or two systems that haven’t been protected or haven’t been patched will allow the attackers to wreak and cause whatever type of havoc they have at their disposal. This havoc can extend well beyond the shop floor.

The top Cybersecurity company in Bangalore, Neumetric believes that an Organization should always remember that every IoT device is part of the network and at the same time, it is the gateway of choice of the attacker to penetrate the network.

Defending the Enterprise From Cyber Risks

In the year 2012, the Disttrack attack against Saudi Aramco that devastated the company had put all of Saudi Arabia on its heels for half a year, but it led to a better successful defense of Bahrain. Before the Saudi Aramco attack, Middle East computer security was worse and was almost non-existent.

But losing 32,000 computers, workstations and servers in one of the world’s first nation-state attacks and the shutting down of the number one wealth producer for the country has a way of creating a spotlight.

Layers of security are critical for protecting both IT and OT infrastructures. These days, many enterprises and Organizations are focusing on network security solutions to secure the network and are also adding another layer of security embedded into each and every device. One thing that every enterprise should understand is that cybersecurity is cultural and it needs to be recognized that technologies are tools in the battle and not the battle.

The security culture should extend to the C-suite and the executive board. The day is not far when companies will be evaluated on their cybersecurity and resilience, just as they are evaluated for their financial statements. Organizations need to evolve the debate from whether we do cyber in enterprises to how we can create value from it.

Neumetric, a cybersecurity services, consulting & products Organization, can help you reduce your security cost without compromising your security posture. Our years of in-depth experience in handling security for Organizations of all sizes & in multiple industries make it easier for us to quickly execute cost-cutting activities that do not bring value to you, while you continue focusing on the Business objectives of the Organization.

With Cyber Threats Evolving Increasingly, Effective Risk Management is The Masterkey

Corporate information security risk management is undoubtedly a tough job, especially when we know that Businesses keep generating large volumes of data and allow cyber threats to evolve.

 

Now some people may blame control frameworks, but these are simply cataloging the possibilities. But I would say that broken risk models are to be blamed. They leverage a “need to catch them all approach” and pretend that there is a linear relationship between loss exposure and security controls. This ignores many crucial variables like attacker capability, frequency of attack, and the organization’s tolerance for loss.

Now, this approach finds its way into auditing frameworks very often, but it treats every missing or deficient thing as a risk, and this has allowed risk statements to express zero appetites to make their way to corporate boards and senior executives. For any Organization with a limited budget, the risk appetite statements “we don’t accept any cyber-related risk” are virtually impossible to put into action. This means that they will have to spend every dime to avoid a loss, but still, no one can guarantee a future with zero incidents.

However, statements about loss and risk should focus on the range of the amounts that could be lost and the timelines over which these losses may occur. This is where effective risk management plays a vital role.

Effective Risk Management

Effective risk management allows any Business to attain an acceptable amount of loss over time with the least amount of capital expenditure. It helps balance the money spent today to reduce risk against the probability of some amount of loss in the future. Good risk management is not about perfect risk avoidance, because this notion would choke off innovation and good Business management.

Risk reduction investments are all about curtailment. Business innovation can be curtailed without the right amount of freedom to operate without safeguards in place.

Navigating Risk


Do you know what is the most important thing if you intend to navigate risk and approach risk elimination through a security control process? Having a good model that represents the nature of risk accurately. But that’s not all. This model should support the modern needs of Organizations, like a budget for risk allocation or the purchase of cyber insurance.

 

The cybersecurity experts at Neumetric believe that effective risk management can help an Organization to get where it wants and avoid pitfalls and surprises along the way. This way Organizations can achieve their Business objectives and with effective risk management, there will be more informed risk-taking and decision making. 

 

Neumetric, a cybersecurity services, consulting & products Organization, can help you reduce your security cost without compromising your security posture. Our years of in-depth experience in handling security for Organizations of all sizes & in multiple industries make it easier for us to quickly execute cost-cutting activities that do not bring value to you, while you continue focusing on the Business objectives of the Organization.

How Organizations are Helping Networking Hacking?

With the constantly evolving technology, Hacker’s techniques are also advancing. And this is something that puts tremendous pressure on Organizations to constantly update their security measures so as to keep their data secure from network hacking.

 

Hackers can not only expose crucial company information, but sensitive customer data as well, that can lead to potentially devastating effects. Therefore, any Business in any industry must realize that cybersecurity is an important aspect. Without proper prevention, you may fall prey to network hacking in the near future.

 

Most of your employees might be aware of not sending a password via email or opening a strange attachment from someone they don’t know. But do they know that posting photos of their badges on social media or revealing details about internal software in job descriptions can cause a lot of harm. There are many ways Organizations and their employees unknowingly give cybercriminals a helping hand. Here are five ways your Organization may be risking your network’s security:

A Picture or a Video can say a lot

The most common slipup that happens in companies is oversharing online, especially on social media. For instance, Human Resources sharing photos and videos to attract job applicants, interns posting photos of new badges or employees sharing photos of any office celebration.

 

Attackers can use a lot of things from these photos and videos to their advantage, like company badges or information on whiteboards. Office pictures can show an attacker how desks and cubicles are laid out, what type of computers are used by employees, the programs, email clients, and browsers they’re running. Employees accidentally make it easy for hackers to duplicate and impersonate and have knowledge they shouldn’t have.

Overly detailed Job Postings

An innocuous job posting may give attackers the exact information they need. Many Organisations go into very specific detail about the internal software they use, which gives a lot of insight to attackers about the internal structure. An attacker with knowledge of the company’s software will know exactly what he needs to break in. If he doesn’t want to develop malware, he may use this knowledge to create a phishing campaign and lure victims based on the software they’re using.

Your Email Signature

Many employees respond to phishing emails in order to prove that they can’t be fooled, instead they play right into attackers’ hands. It proves to intruders that a legitimate person is at the other end. They understand the company’s email format, which is more like a formula they can use to identify and target other people within the same Organization and they may also target other details like office phone number and extension, mobile phone number, social media handles, and/or website link in a signature, which can be fruitful for future network hacking or phishing attacks.

Out of Office Emails

Automatic replies and out-of-office emails are the most common ways companies make themselves vulnerable. Employees often include a precious amount of detail, which is enough for an intruder to take advantage. For example, “Hi, this is John. I am away for vacation. For project X, contact X person at X email address; for project Y, contact Y person at Y email address.”

Full names, project names, and even contact details in an automatic reply makes it easy for attackers to target people. Using this information, they can email another employee with the company and pretend to be working with John on a project, obtain sensitive data, or request a wire transfer.

Failing to Verify Callers

One of usual pen-testing tactics is caller ID spoofing. If someone calls, people usually don’t question, they are used to seeing that IT is calling or human resources is calling. Security training programs tell employees not to share their passwords, but they do not emphasize the importance of questioning and verifying phone calls. Caller ID spoofing and SMS spoofing are huge and both are fairly easy for an attacker to pull off.

Education is the first step towards preventing employees from accidentally leaking data. Beyond educating employees, companies should also teach them what to do if they spot them. Actionable policies should dictate the steps for employees to take when they fall for a phishing scam.

Cybersecurity Experts at Neumetric suggest that teaching employees not to share information that could be used to assume their identities is the first step. But along with this, employees should adopt multi factor authentication, so that it is harder for attackers to pretend to be someone they’re not.

Neumetric, a cyber security services, consulting & products organization, can help you reduce your security cost without compromising your security posture. Our years of in-depth experience in handling security for organizations of all sizes & in multiple industries make it easier for us to quickly execute cost-cutting activities that do not bring value to you, while you continue focusing on the business objectives of the Organization.

Have You Heard About the Whale Phishing Attack?

A whaling attack, also known as a whale phishing attack, is a common cyber-attack that targets high-profile employees, like CEO or CFO, as they’re likely to possess access to more confidential data, intellectual property, and other sensitive information. In many cases, the attacker’s goal is to influence the victim into authorizing high-value wire transfers to the attacker.

 

Many whale phishing emails are designed to support fraudulent wire transfers. Do you know what exactly is a whaling attack and how can you stay protected? Let us find out.

How does a Whaling Attack work?

A whaling attack is a type of phishing attack that targets wealthy, prominent, and high-profile individuals. In this cyber-attack, a highly customized phishing email which includes the target’s name, job title, and other relevant information, is sent to the high-profile targets. This email includes a link that redirects the targets to a phishing page that harvests the corporate or personal information of the target.

Due to their highly targeted nature, whaling attacks are usually very difficult to detect than standard phishing attacks, because the sender’s email address and the links used in the email are designed to look very legitimate.

Whaling attack history

In 2016, Snapchat’s payroll department received a whaling email that purported to come from the CEO asking for employee payroll information. In response to the email, the payroll staff disclosed all of the company’s payroll data to a scammer.

 

In March 2016, an executive at Seagate responded to a whaling email that requested the W-2 forms for all current and former employees. This incident caused a breach of income tax data for almost 10,000 Seagate employees.

Toy giant, Mattel lost over $3 million after a senior finance executive fell victim to a whaling email attack. The email claimed to come from the new CEO and requested a wire transfer.

Defending against Whaling attacks

Neumetric, a cybersecurity services, consulting & product organization, can help you reduce your security cost without compromising your security posture. Our years of in-depth experience in handling security for organizations of all sizes & in multiple industries make it easier for us to quickly execute cost-cutting activities that do not bring value to you, while you continue focusing on the business objectives of the Organization.

Cybersecurity experts at Neumetric recommend to never click on links or attachments in emails that come from anonymous sources. It is always best to verify the legitimacy of the source before responding to an email. Any email that asks for personal or financial information should be avoided.

High-level executives should take extra caution while posting and sharing personal information on social media. Additionally, educating employees on how to identify phishing emails is highly recommended. To keep at bay from whaling attacks, you can implement a good anti-phishing software and can also flag emails that are sent from outside of the corporate network.

So, if you are also in need of cybersecurity, contact us today and get a free assessment.  

Is Your Firewall Measuring Up?

A robust firewall is the first line of defense in keeping an Organization safe from advanced cybersecurity threats. But in this growing age of digital transformation, how is your firewall measuring up?  

The cost and frequency of data breaches have been skyrocketing ever since the world was ravaged by multiple large-scale ransomware attacks in 2017. NotPetya, Ryuk, SamSam, and their variants are some of the most destructive ransomware attacks that have impacted Organizations and people. WannaCry affected many healthcare Organizations and also expanded the threat attack surface to include the Internet of Medical Devices (IoMT).

How much are data breaches costing us?

With the evolving attack surface and threat landscape, a sophisticated firewall becomes a priority for every organization. The World Economic Forum listed cyberattacks among the top five threats to global economic development in 2019. According to the Poneman Institute, in the same year, the global average cost of a data breach reached $3.92 million. Organizations in the US continue to lead the world with an average cost of $8.19 million per data breach. As per Cybersecurity Ventures, the global impact of cybercrime is forecasted to grow to $6 trillion by 2021 and will double from $3 trillion in 2015.

But the question here is, how should next-generation firewalls tackle the 5th generation cyberattacks while facilitating traffic growth with hyper-scale technologies.  

Today, Organizations are moving rapidly to meet digital transformation initiatives. But with technological advances, increased Internet traffic, and corporate network growth, lethal and sophisticated cybercrime has become a huge global challenge. According to Ponemon, to identify and contain a breach it can take as long as 2 years. Sophisticated multi-vector 5th generation cyberattacks that include nation-state-sponsored and malware-as-a-service exploits are increasingly more complex. As evidenced by the evolution of the ubiquitous firewall, they require more time to resolve.

A Firewall

A firewall is a network security device that filters and monitors incoming and outgoing network traffic. A firewall enforces an Organization’s security policy by acting as a barrier between two networks along with fixed predefined security policies. It inspects the incoming traffic and identifies and blocks cyber threats while allowing non-threatening traffic to pass through safely. With a unified management platform, advanced security functions, and robust threat prevention in place, a modern firewall is a mandatory protection that can help stop destructive network attacks.

Next-Generation Firewalls

Next-Generation Firewalls (NGFW) are a powerful defense mechanism that blocks malware and application-layer attacks.

These firewalls can react seamlessly and quickly while detecting and reacting to outside attacks across the network if combined with an integrated intrusion prevention system (IPS). They allow setting policies to better defend the network and quickly assess network status. Next-Generation Firewalls provide protection against an extensive list of malware, including Trojans, viruses, spyware, worms, adware, and even ransomware. They continuously scan the network, detect invasive or suspicious activity, like malware, and shut it down immediately.

Network Firewalls

For many years, Organizations have been implementing Next-Generation Firewalls due to their broad support for multiple critical security functions and application awareness. But with a growing list of security threats, companies are rapidly adopting Network Firewall. This new firewall technology offers expanded security functions across the data center, mobile, endpoint, IoT, and cloud. It also includes real-time threat intelligence to protect you against the latest known and unknown cyber threats.

According to Neumetric, one of the top cybersecurity companies in Bangalore, Network Firewalls can serve as your first line of defense against advanced cyberattacks and are also very critical to your security architecture. However, these are only one part of the solution. Along with the network firewall, people, policies, and procedures are equally essential to build and operate an effective security architecture that can protect your Organization against strategic cybercriminals. This way you can digitally transform your enterprise in a secure and effective manner.  

Neumetric, a cybersecurity services, consulting & product Organization, can help you reduce your security cost without compromising your security posture. Our years of in-depth experience in handling security for Organizations of all sizes & in multiple industries make it easier for us to quickly execute cost-cutting activities that do not bring value to you, while you continue focusing on the Business objectives of the Organization.

Why is Cybersecurity Important in 2020 than Ever?

Not very long ago, Cybersecurity was primarily something for the techies to worry about. Many businesses viewed it as a responsibility of the IT department, where right firewalls, antivirus packages and encryption tools in place can allow the leaders to leave IT security to the experts and then they can focus on other myriad elements of running a Business.

But today, Cybersecurity is not something that anyone can afford to ignore. Hacks and Data Breaches are affecting Businesses of all sizes. Cyberattacks have become sophisticated and they are much more than just a quick exploit of a credit card number. Think of advanced attacks where large databases with millions of customer details are targeted, or intellectual property is exfiltrated after a weaponized document attack. Additionally, the commercialization of malware has made it increasingly easy for people to mount attacks even with very little knowledge. Some expertise and a pocketful of bitcoins can help anyone to buy the required malware application.

Not just global Organizations are being damaged by malicious activity, but financial companies have been experiencing maximum Cybersecurity Incidents. The growing threat of data breaches and malicious activity clearly highlights the speed required to tackle the problem. But if you think mitigating attacks is something that will all “one-size-fits-all”, then you really need to give it a second thought. With new technology evolving each day, recognizing one type of threat will not necessarily help you spot the next one.

Cybersecurity is an Organization-wide Responsibility

The unprecedented level of costly data breaches over the last six months has forced C-suite executives to sit up and think about what they can do to prevent the attacks. Today, Organizations are realizing the need for increased investment in cybersecurity. More than 70% of financial Businesses that experienced cyber incidents in the last year are looking forward to seeing an increase in cybersecurity investment.

Good Security is more than just technology. Organizations have started understanding the problems related to cloud-based services, like Dropbox and OneDrive. A Business may not be directly targeted by an attack, but still it can get caught up in the collateral damage of a hack against the cloud provider.

Education

Cybersecurity tools may be a safety net, but are the last line of defence. Educating the employees about cybersecurity risks is a must. You must alert them about data breaches, how to recognize them and mitigate them.

According to the study, nearly half of cybersecurity incidents in the past one year have been caused by internal errors. For instance, data protection policies or employees failing to follow security protocols. With human error accounting for numerous incidents, technology is the safety net to prevent such mistakes.

Improved processes around what to do when there is a problem or when an employee thinks there is one or while secure information handling can help a lot. Employees should be able to recognize the threats such as phishing emails, or Business Email Compromise (BEC) scams. A well-understood process about who to contact and what happens next is critical for building a culture that has information security at its core.

Neumetric – Your Cybersecurity Solutions Partner

Neumetric, a cybersecurity services, consulting & products Organization, can help you reduce your security cost without compromising your security posture. Our years of in-depth experience in handling security for Organizations of all sizes & in multiple industries make it easier for us to quickly execute cost-cutting activities that do not bring value to you, while you continue focusing on the Business objectives of the Organization.

The Cybersecurity Experts at Neumetric believe that a portion of the cybersecurity budget should be set aside to provide training to all employees, starting from the CEO to staff working in the cafeteria. And some additional training should be given to those working in finance and human resources.

An agile approach to Cybersecurity is a must to protect the Organization in the short and long terms, with constant vigilance by the IT department for any kind of tell-tale signs of compromise.

How Cyberattackers Target Studio Owners & Wedding Photos for Ransom?

There has been a sharp increase in the number of ransomware attacks on many organizations since the pandemic began and with this, the ransomware kitty has also witnessed a spike. These days, Cyberattackers seem to be more focused on their targets. Moving away from ‘spray and pray’ (generalized attacks), they are aiming at lucrative targets to earn more coin.

Today, it may seem to be a slice out of a new age, where hapless wedding photographers and videographers are also at the receiving end of malicious and concerted malware attacks.

The new target for Cyberattackers 

In Kerala, India, studio owners got the shock of their life when they could not open the files saved in their systems. One of the studio owners lost videos of four recent weddings which he had recorded for clients and he was scared of the prospect of telling his clients, who were eagerly waiting to get their wedding videos.

Many studio owners faced the malware attack and most of them were unaware that it was a cyberattack until they received demands for ransom. They had difficulty in accessing the files and there was an unknown extension of ‘.kasp’ in every file. Usually, decryption is not possible as the files are locked using mathematical keys known only to the attackers.

Ransomware Attacks

A photographer’s skills lie in capturing great moments that can last forever, rather than data security. While IT firms, airports, hospitals, etc are the usual targets of ransomware attacks, studios have become a new target for the hackers. The studios have already been facing huge losses due to the cyberattacks and trust is the last thing they can compromise.

The number of ransomware attacks has been on the higher side, during COVID-19. However, the common investigation has been going on against such ransomware attacks, but the cyber wing of the police department has been unable to retrieve the data and files of these studio owners.

The Cyberattackers target institutions like hospitals or airports that require decryption of files. They send malware everywhere using bots and studios might be unintended targets, which the hackers might not be interested in.

Precautions & Safety Measures

The experts at Neumetric, a cybersecurity services, consulting & products Organization, believe that lack of due care on part of users makes them vulnerable to such attacks. Delay in updating operating systems, downloading unnecessary files, or lack of anti-virus software are reasons that make a system vulnerable. It is important to keep a backup of all documents. Although some malware can be decrypted, but not before the nature of malware is deciphered. With the recent wave of attacks, studio-owners need to gear up to ensure requisite protection from cyberattacks in the future.

Neumetric can help you reduce your security cost without compromising your security posture. Our years of in-depth experience in handling security for Organizations of all sizes & in multiple industries make it easier for us to quickly execute cost-cutting activities that do not bring value to you, while you continue focusing on the Business objectives of the Organization.

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