How Prevent Your Network from Being Sold By Hackers

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Believe it or not, your organization’s network can be sold by hackers under the right circumstances. This is the unfortunate reality that we live in, where the commoditization of data and network access has become a real problem. According to a study from KELA, hackers can sell access to compromised networks for a pittance compared to the amount of work you have invested in building your business. If you have your business’s network sold by hackers, it could create a snowball effect of events that can lead to your business’s downfall. Therefore, you must do everything in your power to protect your network and prevent this from happening.

This report from KELA followed Initial Access Brokers, a term used to describe threats that sell access to compromised network infrastructures. These threats are big players in the world of cybercrime, as they can effectively facilitate some of the most devastating threats out there, including ransomware and remote access threats. The report examined one full year of listings by Initial Access Brokers to discover how much value can be assigned to this type of network access.

It is quite shocking to see just how little value is associated with access to your network. Out of the 1,000 listings, KELA found that the average price of network access credentials was about $5,400, with the median price being around $1,000. Other trends examined included the average price of credentials, as well as information on industries affected and countries affected. The top countries affected were the United States, France, the United Kingdom, Australia, and Canada. Top industries affected included manufacturing, education, IT, banking/financial, government, and healthcare.

Just take a moment to imagine how much chaos someone could inject into your business simply by purchasing access to your infrastructure. All it takes is a small investment and access to a VPN for someone to start causing some real trouble for your business. There are quite a few ways that you can minimize the damage done through these methods, including the following:

  • Implement comprehensive security measures

    In terms of sheer security, we recommend unified threat management, or UTM, to handle most of the threats your business could face. This all-in-one solution includes security measures such as a firewall, antivirus, content filter, and spam blocker to minimize exposure to threats.

  • Monitor your network traffic

    If you keep track of who logs onto your network, when, and where they are logging in from, you’ll have a greater chance of identifying suspicious traffic patterns.

  • Implement multi-factor authentication

    Password security is still important, but not nearly as important as having additional measures in place. Multi-factor authentication can help make sure that people logging into your network are who they say they are.

  • Take regular backups of your infrastructure

    You never want to use your data backup, but having it never hurts, and it will give you a nuclear option in the event that someone does manage to gain unauthorized access to your network.

If you have your business’s network sold by hackers, it can damage your business’s entire operations. To learn more about how you can protect your business, reach out to us at (954) 474-2204.

3 Cyber Security Issues Businesses Should Prepare For

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Cyber security should be a top priority for all businesses, regardless of size. The unfortunate reality is that many business owners do not take the necessary steps to secure their data, which could lead to significant problems further down the line.  

As technology becomes more advanced and hackers become more sophisticated, it is important to stay on top of these issues so that your company doesn’t fall victim. In this article, we will highlight three cyber security issues that you need to address before it’s too late! 

Mobile Malware 

Increased dependence on mobile devices has led to increased mobile cyber-attacks. Cybercriminals are taking advantage of the fact that people have become increasingly reliant on their mobile devices. 

In 2020, it is estimated that there were two trillion text messages sent. These texts could contain “phishing” attempts whereby malicious actors could attempt to access sensitive information such as passwords, usernames, and account numbers. 

Bank apps and other apps with sensitive information are also at risk. Consumers typically download new apps without doing any research on the company, so it’s critical to do your homework, before adding these apps to your device.  

Check if other users have downloaded and installed the app before you install it yourself. Read the reviews, and conduct a search on Google or one of the other search engines to cover as many bases as possible.  

Compliance Fatigue 

The list of compliance standards grows each day with technology updates and new threats. Compliance fatigue is a real risk faced by businesses that can lead to costly mistakes and time investments. However It’s more cost effective to keep up to date now rather than face the inevitable repercussions of not doing so later 

Lack Of Awareness and Education About Cyber Security 

Many people have no idea that phishing and other cyber scams are a problem. Any security is only as strong as its weakest point.  Employees are a network’s biggest weakness, so education about the dangers of cyber security is one way for them to be aware of the risks they face with every click on their computer or mobile device. 

When it comes to cyber security, you need to take precautions at every level: from your on-site systems and data storage, all the way up through the different layers of technology that connect with various parts of your business. Engaging with a trusted MSP like 4Corner IT can help mitigate cyber security risks.