Cybercrime is not a regular happening or commonly occurring infraction with less harmful legal action, it’s a mass-affecting issue that has been exploiting businesses for decades. Hence, the reveal of a “cyber-attack every 39 seconds” indicates that this violating practice of malware payloads has become a cybercrime rampage.
In today’s era of digitization, our daily used endpoints are the pillars for our daily social activities, professional earnings, and entertainment. But what if we say that not having the proper encryption of these devices is shaping users’ vulnerable and easy targets of cybercriminals?
The occurrence of cyber-attacks not more than each minute is linked to the computing security of users who can be business professionals or self-employed freelancers. Our today’s article will work as a source of ignition for business professionals and daily endpoint users to take a stand and keep their computing security updated.
Some Ground-Shaking Stats Of Current Cyber Attack Blasts
The digital change has brought the global audience together. Hence, the sharing of trending news shows how informative our world has become. Unfortunately, every news about cybercrime and its poor victims creates fear and mass hysteria for business companies who want the ultimate redemption from these anonymous digital pirates.
Email scams, credit card frauds, ransomware, phishing traps, and quishing attacks are widespread violating exercises that don’t have a stopping point. Alas, even though we are living in the age of problem solvers, we lack the full-time support to alter these attacks causing billions to trillions every year.
The US government has been warning and strongly advising business industries and their assisting managed service providers to upgrade their data security measures. Although just like past years, the period of 2024 will be registered as a record-breaking annum in terms of cybercrimes. Here are the alarming stats regarding cyber-attacks stating the existence and stability of cybercriminals.
Cyber Criminals Successfully Harm Around 800K Victims Each Year
The reveal of 8000 victims each year is the data of recorded cases; thus, if we count unregistered cases then the statistics may cross the 10k mark. At this time, we can’t just ignore the daily cyber blasts and must talk sense here. Being as the smart force against these anonymous hackers, we need to accept some realities. Like how exposed our social presence has become, as anyone with just our name or email address can learn about our daily life activities and further social endeavors.
Secondly, professionals, business entrepreneurs, and governmental organizations employees have been highlighted as unprotected and vulnerable targets. So, maybe we lack the awareness of cyber payloaders or don’t feel the need to secure our data and online presence.
More Than 95% Of Victim Companies Are From Govt, IT & Retail Sectors
Cybercriminals don’t have their favorites but indeed the most targeted companies are from government sectors, IT firms, and retail enterprises. Other targeted industries include education, healthcare, manufacturing, finance, and banking.
If you have a business that follows digital marketplaces, then you are a target of cyber payloaders. However, the working agencies connected with the national government organizations and IT companies linked with international brands are more to fear due to containing so much classified data.
Companies Loss As An Average 2.6 Million Due To Malware Attacks
Malware attacks are system viruses that have several types. They seem like a typical computer virus; thus, can be more exploitive and destructive not just for one user but a whole active network.
Each updated malware is a well-implemented cyber-attack that enters the network through breaches and phishing traps implemented by digital pirates. Common computer and other endpoint viruses can be assumed as malware and worms, spyware, trojans, and ransomware come under the most attacking list. The average cost of malware attacks may increase in upcoming years, as more companies will join digital marketplaces.
Phishing Traps Are The Most Common & Widely Employed Cyber Attack Practices
Many believe that world-famous phishing traps just include email scams. But in reality, it’s just like the world is updating into ML and AI, cybercriminals are also coming up with new types of phishing traps. So, in the pack of violating and scamming lists, new attacks like spoofing, smishing, quishing, whaling, and pharming are pop-up examples.
Endpoint users may idealize themselves as perfect data protestors and powerful computing security enforcers. However, it is a game of a few exciting, alarming, or encouraging practices that lead them to get trapped under the web of cybercriminals.
The Cost Of Cybercrime Is Expected To Cross 9 Trillion In 2024
Every year we get the expected number of cybercrimes. Similarly, this year, it has been predicted that cybercrime resulting from security breaches, phishing traps, ransom demands, online scams, and CaaS (cybercrime as a service) will cross the nine trillion mark.
The age of the industrial era is long gone, and utilization of the internet is not new for people. So, the users should expect and believe that numerous advanced persistent traps are placed to get their systems down. In fact, we can’t just make our computing security robust by just installing an unknown free antivirus and firewalls. It is true that the security of your computer endpoint can not be the ultimate solution, but it will be the first step for those who want to be malware-attack-free.
Malware blast targets systems and each organization must include endpoints connected with the cloud network and overall digital infrastructure. Computing security makes it possible for users and administrations to control incoming and outgoing traffic, secure data free from worms, and have risk-free integration with other hardware plus software.
In order to understand the importance of computing security, let’s go through the major reasons highlighting the requirement for computer endpoint protection.
Computing security Prevents Malware Infection
As per the reports, around 17% of the data branches include malware infection that enters into the systems and performs data theft practices by hijacking the interfaces. Control over all the incoming and outgoing traffic with 24/7 active monitoring gets the job done here.
Furthermore, updated computing security tools such as EDR, XDR, NGFW, and UltraAV are noted for preventing malware infections that affect the endpoint systems. Moreover, the tools also contain instant detection and response features to alter malware attacks.
Updated Endpoint Protection Tools Encrypt Merged Devices & Networks
EDR, MDR, and XDR are known for their comprehensive feature-rich support. In simple, it is not just the safeguarding of one single endpoint but an uncrossable defense for the whole network.
Contacting an MSSP (managed security service provider) can help companies have an updated patented tool to keep the whole network malware-free. Plus, with managed security, enterprises can also demand 24/7 active monitoring assistance from hired IT help desk support.
Firewalls & Antiviruses Offer All Day Active Digital Surveillance
There was a time when corporate companies were the only ones that used higher-certified firewalls for their computing security. Nowadays, each endpoint user needs the back of NGFWs and antiviruses, because, in today’s time, malware viruses are not limited to slowing down the service and dysfunctioning the features.
The advanced threat detection service of both along with traffic alteration advantage, make it easy for the IT staff to be more vigilant of possible cyber threats. Along with this, computing security management and automated monitoring features form both must-have software as the ideal technologies for endpoint data encryption.
Encryption Of Data Saves From Ransom Demands
It seems like naive thoughts to believe that cybercriminals won’t harm our endpoints or cloud networks. As these anonymous hackers also work as corporates of their own through CaaS (cybercrime as a service).
Yes! Cybercriminals have nothing to do with networks without classified financial data. Let’s keep things simple, cloud networks and clarified data-containing software work by connecting a user endpoint. It indicates that all the phishing traps and online scams target the endpoints and possible computing security of the companies. Therefore, the encryption of data within a laptop, mobile phone, and computer is essential above all.
Partnership For Computing Security Brings Zero Trust Security Posture
Today’s endpoint users and business companies are lucky, they just need a few keywords to search for their ideal computing security provider. But it is always important to take an expert cybersecurity consultancy before investing in third-party service providers or spending on premium computing security tools.
Zero trust security posture is the contemporary demanding cybersecurity framework that is not easy to acquire. In simple, there are only a few in the market that offer full-time managed zero trust security posture including end-to-end encryption of endpoints’ data and cloud computing storages.
First things should come first, venerable, and easy target office endpoints should follow the basic computing security exercises. We are standing at a stage where internationally successful companies are launching their own patented cybersecurity technologies due to the unreliability of IT consulting firms. Therefore, small business enterprises and self-employed freelancers can also take responsibility for their computing security like competent and dedicated individuals.
Before going to our suggested actions, it is essential to address that during the urgency of major cyber requirements, business firms, and users must reach out to expert cybersecurity consulting platforms. Otherwise, as first perimeter computing security, here are the five must-follow approaches for exposed endpoint devices.
1. Go For Premium Free Endpoint Protection Tools
Free tools do work in the favor of endpoint users and are best for computers lacking a cyber protection defense. Although the users should be confident that their employed tools are from trusted resources and don’t contain malware of their own.
Free trial services may not look convenient but there are several cybersecurity service providers that offer free applications to people in order to be vigilant regarding their computing security. Here are tools users can install and take service of:
2. Work On Business & Social Accounts Password Management
The message that users with an active digital presence must have an updated password management strategy has become a widespread awareness slogan. Because the more complex your business and social account passwords are the more secure your digital presence will be.
In basic understanding, users must secure their passwords within a password manager, work on changing the password once a month, and learn how they can keep their credentials strong and invulnerable.
3. Be The Only Person Responsible For Access Control
MFA (multi-factor authentication) or access control software can work out to give a single person control of the computer endpoints. It doesn’t matter if the user is self-employed or works within an organization, you can risk your stored data, as chances of internal threat are highly active in every corporate firm or freelance platform.
Nevertheless, being extra careful is always good for endpoint users. So, be assured that only the person responsible for the computer hardware has access credentials and full authority to manage the access control.
4. Backup All Important Data On Trusted Cloud Network
For upgraded security measures, flexibility, threat monitoring, and disaster recovery, trusting cloud storage can be a beneficial move. It is true that cloud networks can also be vulnerable at some moment. Thus, the features of data policy, cost-free support, and regular patches encourage users to store their data in those digital networks.
Users or companies should research their connecting cloud storage, as only trusted, and verified ones are advised here. On the other hand, they can get help from search engines to learn about the best free cloud storage service-providing platforms.
5. Avoid Reckless Digital Exploration
Googling or web browsing is part of the job for current business professionals. And if you are a digital marketer then it becomes a must-follow practice. But talking about being extra careful and well-versed professionals, one should not follow reckless exploration ways, such as visiting any anonymous website or downloading files from faulty web pages.
Web security software, web filter tools, and URL scanners are utilized to keep users secure from visiting malware websites intentionally or unintentionally. So, this approach of having anti-malware software can be followed.
It’s simple for companies or self-employed users after following the needed first step of safeguarding measures for computing security. In a nutshell, partnering with Xcitium is the next and much-needed step.
We are the foremost zero-trust security posture providers, covering all managed computing security measures. Our free and premium computer encryption services await small to successful businesses. The future clients of Xcitium are just one step away from learning about highly acclaimed patented technologies. Including EDR, MDR, ITSM tool, and many more.