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Cybersecurity Protection

Cybersecurity protection often starts with your strategy for measuring vulnerability.

Cybersecurity is a complex subject. It’s important for experts and beginners alike to understand the risks associated with cyber attacks and the best ways to protect against them. In addition to the security tools themselves, cybersecurity protection typically involves risk assessment, insurance, and compliance.

Cybersecurity Introduction

If you have only a passing familiarity with cyber protection definition, you might assume it's as simple as choosing strong passwords and installing anti-virus software. However, important tools and precautions like these can be improved when you couple them with a method of assessing your cybersecurity risk. 

Cybersecurity protection often starts with your strategy for measuring vulnerability. It’s important to understand the best practices and develop a plan to keep your security measures compliant. This usually requires careful assessment of your organization’s cybersecurity protection methods. 

Risk Management

Cyber risk management is a practice designed to protect businesses from the damaging repercussions of cyber attacks. It goes beyond simply erecting defenses via software or other cybersecurity tools and helps you stay ahead of threats using careful assessment and precautions like cybersecurity insurance. An effective cyber risk management strategy can help your business remain secure and productive even in the face of potential cyber attacks.

Secure for the known, insure for the unknown

Your destination may be achieving compliance in industry certifications such as SOC2 or ISO27001, but it doesn’t stop there. With Trava, our modern tools can help you bridge the gap between where you are and where you want to be by giving you the control to assess your risk, repair the most vulnerable areas, and transfer risk through insurance.

What Is Cybersecurity?

In a moment, we’ll explain more about the most dangerous current cybersecurity threats and share some tips for protecting against them. Before we get to that, however, we need to answer the simple question: what is cybersecurity?

It’s important to take cybersecurity seriously if you want to keep your organization protected against the effects of a cyber attack. Most of us can agree on that. But despite the consensus that cybersecurity is important, the common understanding of it rarely extends beyond the basics. In truth, there are many different types of cybersecurity designed to defend against different types of cyber threats.

To be fair, cybersecurity used to be a lot simpler. The variety and complexity of cyber attacks is constantly (and rapidly) expanding as digital technology advances in general. Today, it requires more than a foundational understanding of cybersecurity best practices to be fully prepared. For 10 ways to improve cybersecurity, Trava has many resources to help inform and educate you on the topic.

If you need a refresher on the basics of cybersecurity and you don’t have any cybersecurity notes available, it might be helpful to have someone explain cybersecurity with example. We’ve put together a few basic examples of different types of cybersecurity and cybersecurity roles to help you out:

Types of Cybersecurity

Different methods of cybersecurity protection have been developed to combat various kinds of cyber threats. Some of the most common examples of cyber threats include ransomware, malware, and cloud vulnerabilities. We’ll go into further detail about these threats later in this post.

While different types of threats call for different cybersecurity tactics, one of your best defenses against any and every kind of cyber attack is knowledge. Being aware of the vulnerabilities in your cybersecurity systems and having a plan ready in case of a data breach is one step you can take to improve your chances against any type of cyber attack. For this reason, you might be able to reduce your risk of breaches simply by conducting cybersecurity training with your employees. 

Cybersecurity Roles

Cybersecurity is a team effort between many specialized roles. Just like there are different types of cybersecurity for different types of cyber attacks, there are also a variety of jobs that need to be performed for various cybersecurity purposes. These are a few of the key roles usually involved with cybersecurity: 

What Is Cyber Attack

In addition to “what is cybersecurity,” a common question in the world of cybersecurity is “what is cyber attack?” It’s important to know what you’re up against if you hope to have a good chance of protecting your network. Let’s go over the state of cyber attacks today and some of the challenges they pose to cybersecurity teams.

Ransomware is one of the most costly obstacles faced by businesses worldwide. In 2021, the global cost of ransomware attacks reached a staggering $20 billion. That’s an enormous number for a single year’s worth of attacks. 

Data breaches also continue to be a serious risk for companies that handle large amounts of digital data (which is most companies today). In 2021, a single data breach cost companies $4.24 million on average. These branches can happen in many different ways, and it isn’t always a malicious hacker who’s responsible. For example, in June 2021, CVS Health accidentally leaked hundreds of gigabytes of sensitive customer information after their data was mishandled by a third-party vendor.

Whether accidental or intentional, data breaches and other kinds of cybersecurity risks are a real danger for many companies. It’s important to be prepared to prevent similar misfortunes befalling your organization.

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Cybersecurity Tips

Protecting your company against cybersecurity attacks usually involves a meticulously developed cybersecurity strategy. Installing cyber protection software is often one part of a successful strategy, but it isn’t the only step you should take. Here are some cybersecurity tips to help you keep your organization as well-protected as possible:

Assess Risks

Cybersecurity is not a “set it and forget it” kind of job. In order to maintain maximum protection, it’s necessary to continually monitor your security system for threats and assess it for potential weaknesses. Cyber criminals are always learning new and improved methods of gaining access to your data, so keeping your cybersecurity knowledge up to date can help you spot emerging threats before it’s too late.

Maintain Compliance

There are various industry standards your cybersecurity system must adhere to. Performing cybersecurity risk assessment can help you ensure your system is up to code. Monitoring your system’s processes and vulnerabilities on a regular basis can make it easier to remain compliant with the required regulations.

Keep Yourself Insured

One way to add an extra layer of cybersecurity protection for your organization is to invest in cybersecurity insurance. In the event a cyber attack does succeed against your business, the consequences can be extremely costly to your business’s finances and reputation alike. Cybersecurity insurance is a way to mitigate this damage and help you recover from a worst-case scenario. Unfortunately, most small businesses do not recover from successful cyber attacks. Purchasing insurance from personal cybersecurity services is one way to protect your business against this risk.

Cybersecurity Threats

One of the factors that makes cyber threats tricky to defend against is the sheer variety. When you start to look closer at cybersecurity threats examples, it quickly becomes apparent that there is not just one type of cybersecurity protection that will be sufficient. 

Example of Cybersecurity Threats

To help you understand some of the different threats you might encounter, here is a list of a few common threats and tips for protecting your network against them:

  1. Malware - Malware is a piece of malicious code that is usually hidden in a link, attachment, or other downloadable file that infects a user’s system when they click on it. There are many varieties of malware, including trojans, worms, spyware, and more. One of the best ways to protect against malware is to exercise extreme caution when handling links or files that are unfamiliar.
  2. Ransomware - Ransomware is a specific type of malware that has been an increasingly common threat in recent years. During a ransomware attack, cyber criminals lock you out of your data and demand a ransom — usually a large amount of money — before they’ll allow you to access it again.
  3. Cloud Vulnerability - Cloud computing has tons of benefits, but the cloud is also a prime target for cyber attacks. If you’re using a cloud-based system, it’s even more important to assess your security regularly and be aware of any vulnerabilities.

These are just a few potential sources of cybersecurity threats. Other types of attacks include social engineering (such as phishing scams), internal threats, zero-day threats, denial of service (DoS) or distributed denial of service (DDoS), and more. Protecting your organization against cyber attacks will likely require developing a plan to defend against each of these types of cybersecurity threats.

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