Retrospect Blog

Tech Solutions that are Helping Organizations Thwart Cyberattacks

Blog cyberattacks

Hackers and cybercriminals nowadays are targeting more and more organizations. CNBC reports that cyberattacks cost companies $200,000 on average, while only 14% of small businesses have defense strategies currently in place.

Many organizations struggle to keep up with cybercriminals as they continuously adopt sophisticated technologies that aim to compromise organizations and steal valuable data. For this reason, organizations should expect that they’ll be targeted by aggressive and evasive malware, ransomware, DDoS, and phishing attacks in the near future. So in response, it’s essential to be armed with the right technology and staff to counter any issues.

With that being said, let’s discuss some tech solutions that can help organizations bolster their cybersecurity and prepare themselves to fight off malicious cyber-attacks.

Multi-Factor Authentication

These days, having a simple username-password combination isn’t enough to deter cybercriminals from cracking your system. So, your organization should implement multi-factor authentication that can add an extra layer of security to your IT system. Put simply, multi-factor authentication is a digital security strategy that asks users to provide at least two forms of evidence to prove their identity. This evidence is split into three categories: knowledge, possession, and inherence. For example, our Retrospect backup services support two-factor public-private keys for client computer authentication. For an attacker to log in a client computer using a public key, the attacker would need both the private key as well as the passphrase used to generate it. But, in general, multi-factor authentication makes it harder for cybercriminals to access your organization’s data using a member’s login credentials, as they’ll need more than just the password and the username.

Big Data Threat Visualization

As we venture into an age where everything and everyone is connected, we also generate massive amounts of data. Indeed, a report by Burning Glass Technologies reveals that the annual data created globally will soar to 180 trillion gigabytes by 2025. This large volume of data is more commonly known as big data, and is often used to create insights that can help organizations and industries solve various problems — from security and compliance to efficiency and productivity.

But despite having benefits such as helping organizations optimize their operations and boost their cybersecurity, not a lot of experts fully understand what big data is and how to use it. 71% of the IT professionals surveyed by Check Point and Dimensional Research notes that there has been a significant rise in cyber threats and attacks during the first quarter of 2020.

Because of this, the demand for data experts who know how to wield big data against cyber threats have also increased in various sectors such as banking, discrete manufacturing, professional services, process manufacturing, and central government. Thankfully, the popularity of distanced online education has helped meet this demand. Today, IT experts are able to remotely upskill themselves through online master’s in data science courses. These online courses have allowed professionals to specialize in and understand big data, without physically visiting a campus. In many cases this allows them to study and upskill without putting their careers on hold. Through remote data analytics courses, students can draw insights from big data, visualize data in an organized manner, and also learn how to perform forecasting and predictive modeling. Today’s organizations should seek out these professionals, as they can help them bolster their security and defense against cyber-attacks.

Cloud Service Providers

For many organizations, the cloud is more than just a file-sharing service. Nowadays, many cloud service providers offer various tools and technologies that can boost an organization’s efficiency and productivity. An example of this is the cloud backup services we provide here on Retrospect. More than 20 different cloud-providers, whether it’s on-premise or off, can be backed up through Retrospect. A secure backup is one of the best defense mechanisms against cyber threats, as it can avoid severe operational downtime and keep your data secure. Additionally, Retrospect also supports AES-256 encryption, which can further fortify your cloud account.

Aside from that, the security provided by infrastructure-as-a-service provider can also strengthen your organization’s cybersecurity. This is because, instead of having an on-site IT infrastructure that needs physical security, your organization can carry through with its operations using virtual infrastructure. Moreover, cloud service providers have their success and reputation at stake. So, they need to be able to provide reliable and secure cloud services in order to gain more clients and retain the ones that use their service. Aside from their top-notch security, cloud service providers can also help your organization keep up with government compliance regulations.

Bio

Roselyn Jimmerson

Roselyn Jimmerson is an independent journalist.