How Can You Prevent Security Loss Due To Hacking?

2018 has been a scary year for many big and small firms that suffered the exponential loss of money due to hacking. The scariest and a few shocking incidents reported last year include;

  • The shutdown of Google due to the hacking of 5 lakh users globally
  • Data security breach at Marriott, compromising the personal information of about 50 crore users
  • Security leak of about 5 crore Facebook users

These few incidents were scary and called out for the importance of cybersecurity practices. Thus, you must adopt the following techniques to reduce the risk of malware and phishing threats.

  1. Password Protection

Change the default password of all IoT devices – every device connected to the internet is actually a computer and, thus, pretty much hackable.

However, the password shouldn’t be simple. It should be;

  • Minimum 8 characters (symbols, letters, and alphabets) long.
  • Different password for all devices/accounts.
  • Using MFA and lockout features.

Also, use a master password management application to save all passwords instead of saving them in some unencrypted file.

  1. Ethical Hackers

Setting hackers against each other is one of the best cybersecurity practices. Ethical hackers are the ones that use their knowledge to protect companies and users from malware and phishing threats. You can take the help of ethical hackers to;

  • Test software to find out and fix bugs and other vulnerabilities
  • Scan network systems to clean hidden bugs from the cloud

How to find ethical hackers?

You can take such benefits by finding out ethical hackers from the right places to make sure you’re not putting your company in the hands of someone evil. To do so,

  • Run bounty programs to invite ethical hackers from clean communities
  • Provide hackers with money and recognition when they locate a bug
  1. Cyber Filters

Firewall and antivirus are the cyber filters that can protect software and IoT devices from malware threats. Firewall is a virtual wall between backdoor password and system information. If hackers bring down the password, the firewall can still defend the network. Antivirus scans the outside tools like pen drives and hard disks so that nothing malicious can enter the DVR.

The antivirus tools also run scans on inbound emails to warn if there are any attachments with viruses.

  1. Educated Employees

Arrange seminar lessons to teach employees about the ways in which they can;

  • Recognize malicious websites and phishing emails
  • Understand how important they are when it comes to cybersecurity  

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James Harrison: James, a supply chain expert, shares industry trends, logistics solutions, and best practices in his insightful blog.