Most businesses deploy the latest security tools to fend off viruses and malware the moment they enter the system. Take an educated guess. Continuously acquire, assess, and take action on new information in order to identify vulnerabilities, remediate, and minimize the window of opportunity for attackers. According to a recent report, 32% of businesses suffered at least one cyber attack or breach in the past 12 months. 10 Ways to Prevent Cyber Attacks. Companies can reduce their Cyber Attack loss by up to $1.4 Million per attack if in case they have effective mitigation measures in place. If you guessed schools, you’d be correct. How Attackers Attack 22 1.7. If you fix the highest risk vulnerabilities first, you’ll continuously reduce vulnerability risk over time. However, the overwhelming majority of cyber crime can be prevented by taking a few simple steps. 1. What is the market most targeted for cybersecurity threats? Cyber Threat Profile 15 1.5. Schneider Electric Defense-in-Depth 31 3. Look For Vulnerabilities Yourself. In fact, schools account for over 60% of the reported malware encounters in the last 30 days according to Microsoft’s Global Threat Activity monitor. Iterative Improvement. How Attackers Can Gain Access to the Control Network 16 1.6. Security Control #4. Try … Therefore, even the most security-conscious businesses get vulnerable to cyber attacks. Cons: Only as good as the priorities. Glossary 29 2. This was revealed in a study conducted by Ponemon Institute in association with Deep Instinct. Run regular vulnerability scans. Today, we will look at seven ways to reduce cyber-attack vulnerabilities. Risk Assessment 33 3.2. These tools can help you automatically enforce and reconfigure devices on the network. In 2015, there were over one million web attacks against people each and every day according to Symantec. NERC Top Ten Control System Vulnerabilities 27 1.9. Here are ten items that should be on the top of your list. Read about seven mistakes your employees might be making right now. You can’t fix everything at once, so you’ll have to prioritize. 2 The cost to businesses is even greater, and experts expect the cyber crime costs to quadruple from 2015-2019. REDUCE YOUR VULNERABILITY TO CYBER ATTACKS? #1. Lack of cyber security awareness and neglect of best practices can lead to a cyberattack on your business. Cyber Security Awareness: 7 Ways Your Employees Make Your Business Vulnerable to Cyber Attacks Kaspersky. This is where a cyber insurance cover can come to your rescue. Risk Assessment, Security Planning, and Training 33 3.1. 1.4. 1 And, over the past year, Norton reported that consumers lost nearly $358 on average per person. While cyber attacks are increasing in prevalence, there are some simple measures SMEs can take to reduce their vulnerability, according to one digital security professional. If you can prioritize and fix vulnerabilities, you’ll reduce risk, period. Automate vulnerability assessments, measure risk associated with an exploit and analyze the importance of remediation; Provide complete, real-time visibility needed to identify vulnerabilities quickly; See how our solutions can help you manage vulnerabilities and reduce your cyber risk. Accidental Events 26 1.8. However, there are things you can do in between pen test engagements to reduce your risk of being breached. Continuous Vulnerability Assessment and Remediation. Cybercrime is on the rise, and the impact can be significant. The report titled “The Economic Value of Prevention in Cybersecurity Lifecycle” also reveals that more […] We recommend a process of monthly scanning and remediation, with the goal of fixing High and Medium severity vulnerabilities. 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