Enterprise risk of cyber attack has increased due to improper password and key management protocols. Businesses around the world lose an estimated $2.9 million to cybercrime every minute because of ineffective password management practices. Enterprises could spend countless amounts of money on cybersecurity to encrypt data and put up firewalls, but without a strong password manager technology, none of that matters. Password managers ensure that every employee in an enterprise can keep data secure.
Cybersecurity companies constantly work to outmatch the latest security threats by implementing new features to various cyber technologies. Companies update their privileged access management solutions, for example, to better catch and contain malicious actors. Some privileged access management tools, however, are difficult to use and, as a result, are ignored by employees. To provide enterprises with the most useful and up-to-date technologies, security companies must ensure that privileged access management solutions are easy to deploy, simple to use and efficient to maintain. Video recording is also a must to ensure a privileged access management solution is complete. Here are a couple of reasons video recording is a necessary next step for privileged access management software.
Privileged access management is a cybersecurity solution that secures, manages and monitors privileged access to certain critical assets and networks. Historically, privileged access management and key management solutions have been cumbersome. Users often ignore traditional privileged access management and password manager solutions, leaving enterprises exposed to the exact risks they were working to mitigate. To be fully effective, a privileged access management solution should be easy to deploy, simple to use and efficient to maintain. Learn more about the qualities of effective password manager and privileged access management tools below.
Every device connected to the internet poses a potential security risk. Whether it’s a smartphone, laptop, printer, or even a POS terminal, IoT devices are possible entry points for unauthorized users. As cyber criminals work harder and increase the volume of their attacks, endpoint security has never been more important. Although many companies boast their endpoint security technologies, none offer a fully effective approach to endpoint security. A multi-layered approach is the only way to completely secure an organization.
Every year, hackers work harder to bypass the latest security technologies. In 2019, companies like Capital One, Voova and the American Medical Collection Agency felt the impact of advanced cyber criminals and learned about the need for complete endpoint security and ransomware detection technologies. When it comes to enterprise endpoints, a multi-layered approach to endpoint security is the only truly effective method of protection. RevBits Endpoint Security’s three phases of analysis make up the most thorough and effective endpoint security on the market today. This process begins by isolating new executables in a safe environment.
Although email phishing has taken many forms throughout the years, the most common type of email scam is also the oldest. Since 2003, black-hat hackers have created domain names and web pages that look virtually identical to actual websites and have linked these copycat sites to vulnerable users via emails. It is increasingly difficult to tell the difference between a real web page and a fake one, especially for companies without sophisticated anti-phishing tools. For all companies, it's important to have the best anti-phishing solutions in place to ensure all data is protected and downtime is avoided.
Technological advances in interconnected devices are pushing companies to operate more efficiently and are making global cyber threats increasingly prevalent. As technology advances, companies should ensure they have a complete suite of cybersecurity products that includes proper honeypot security, endpoint security, malware prevention technology and more. Here are some cybersecurity trends that will help enterprises better protect their systems in the months and years to come.
In 2019, as the volume of cyber attacks continued to spike, cybercriminals were increasingly successful in infiltrating corporations’ sensitive data and information. A lot of these attacks, however, were the result of outdated cybersecurity systems and ineffective handling and encryption of sensitive data. As a result, companies around the world lost millions of dollars and spent countless hours working to clean-up the aftermath of costly data-breaches and malware attacks. As the cybersecurity landscape continues to advance in 2020, companies must have a comprehensive security suite that includes breach detection, EDR, email security and privileged access management software.
Every year, as the cybersecurity requirements of businesses become more complex, technology continues to evolve to meet them. Although new Internet of Things (IoT) devices and cloud-based systems are helping companies run more efficiently, they can also pose significant cybersecurity risks. Cyber risks will continue to grow throughout the next year and enterprises need to ensure that they have a comprehensive suite of products to protect all of their devices and systems from the newest threats.