The prime reason why a working cybersecurity approach is needed is to reduce your vulnerability to cybercrimes. After all, these incidents can cost your business a lot of money and destroy your, your staff’s, and your customer’s privacy.
Unfortunately, cybercrimes have become too common, and all businesses and organizations are vulnerable. You should know that even a teen with the correct information and tools can initiate a cybercrime against an unprotected business entity.
Because of those things, you must always ensure that your cybersecurity approach is always working. To know that, you should watch out for the following warning signs:
1. Identifying Threats Take A Lot Of Time
Speed is crucial when it comes to cybersecurity. If there’s a potential threat looming, your team should be able to identify it quickly. They must immediately know what the target will be, who’s behind it, and every tiny detail related to the attack.
Remember that if it takes a while to identify a cybersecurity threat, the risk of the threat overwhelming or victimizing your company dramatically increases. And you must be constantly updated with the latest cybersecurity trends and fixes to make it easy for you to identify threats.
2. Worrying That You’re Still Vulnerable To Phishing Attacks
One of the most basic but damaging cybersecurity threats is phishing. While it can be scary to be a victim of a phishing attack, it’s potentially one of the easiest to guard against. After all, most of the time, it only requires educating your employees on how to fight against an attack or avoid becoming a victim.
If you’re still worrying that you’re still vulnerable to phishing attacks, you have issues with your cybersecurity approach.
3. Integrating Too Many Technologies Or Services Fast
While it’s recommendable to embrace new technologies and services for your company, always remember that you should practice extreme caution. Every technology or service you add to your system may bring unknown vulnerabilities or security threats.
When adding new tech, do a research and focus on the impact or benefits they can bring to your company. Always prioritize vulnerability assessments. If the pros of the techs or services outweigh the risks they’ll bring, then you can include them in your business.
4. Lacking Periodical Evaluation Of Cybersecurity Measures
The biggest problem with cybersecurity is that everything can become dated fast. Continuously, a new cybersecurity threat is developed, a new vulnerability is found, and a new risk is formed. Sometimes, even new cybersecurity solutions can’t keep up. Because of that, you must ensure that your cybersecurity approach or setup can keep up with the recent threats.
You must perform the periodic evaluation or testing of the cybersecurity measures included in your cybersecurity approach. Also, you may want to test your approach and measures against the newest top cybersecurity threats.
5. Managing Data Is Difficult For You
In today’s business climate, hoarding data is expected and critical. And if you find it challenging to manage the amounts of data you’re collecting and storing, hunting an attacker can become impossible for you.
And data management problems become more problematic if you stay moderate with data collection. Suppose you’re persistent in tracking every movement and action of your customers and employers. In that case, you may end up wasting a lot of resources and risking your company to massive data breaches.
Know that most companies take half a year before they can detect if they have a data breach. The more you find it hard to collect, store, analyze, and secure data, the more you risk getting targeted and attacked without knowing about it.
6. Having No Response Plan Against Attacks
Having all the tools and services for your cybersecurity is what you mostly need to protect your company against attacks. However, all of them aren’t bulletproof. As mentioned before, new attacks and threats appear every day. And while your tools and services can mitigate most of them, not all can be fended off 100%.
Because of that, aside from the cybersecurity tools and services, you should have an incident response plan. A good response plan prioritizes minimizing the damage an attack can cause. In big corporations, an incident response plan can deflect more than USD$1 million in damages if properly executed.
Service outages, data loss, and cybercrimes are some of the most common incidents in which a response plan is needed. The response plan must help reduce the time these incidents will disrupt your business.
Those are the warning signs that your cybersecurity approach and measures are potentially ineffective against potential attacks. If you find one, you should immediately run a cybersecurity evaluation and try to remedy all the problems you’ll find.