CYBER SECURITY, CYBER ATTACKS & THE NEED FOR CYBER SECURITY AUDIT

We are living in the world of things which are interconnected through internet. The onset of digitalization era has opened up a lot of opportunities for every one, especially, for business and enterprise. From Mobile banking, to online shopping, to reading news and books, everything is just one click away.
The more you connect to digital assets the higher the risks of security vulnerabilities for your sensitive and confidential data. Now, the question arises on how one secures these critical data and combating these critical threats. The answer is – Cyber Security.
Cyber Security is the techniques and practices of protecting the data, systems, networks and programs from digital attacks by the hackers and cyber criminals.

What is a Cyber Attack?

A Cyber Attack is a malicious and deliberate attempt by an individual / organization to breach the information system of another individual / organization or networks. A Cyber Attack can maliciously disable computers, steal data, or use a breached computer as a launch point for other attacks. Cybercriminals use a variety of methods to launch a cyber attack, including malware, phishing, ransomware, denial of service, among other methods. The attacker seeks some type of benefit from disrupting the victim’s network.

Why do people launch Cyber Attacks?

Cybercrime has increased every year as people try to benefit from vulnerable business systems. Often, attackers are looking for ransom: 53 percent of cyber attacks resulted in damages of $500,000 or more. Cyberthreats can also be launched with secret motives. Some attackers look to destroy systems and data as a form of “Hacktivism.”