As the COVID-19 pandemic continues to spread across the world, companies have embraced the new way of business operations. This includes allowing employees and stakeholders to work remotely. New government-mandated regulations and restrictions on the movement of individuals, has widely encouraged businesses to adopt remote working models. While this move has helped control the spread of pandemic situations largely, it has however led to a surge in cybercrimes like data breach/theft.
With cybersecurity issues growing drastically, the PCI Security Standards Council was quick to recognize the crisis situation and the extraordinary circumstances that companies around the world are facing. To address the severity of the situation, PCI SSC issued a guideline detailing guidance for remote work. The issued guide stresses the need to maintain security practices to protect payment card data.
How to tackle credit card fraud with PCI DSS compliance in UK.In today’s digital world, the new payment technology has brought along with it significant risk associated with credit card fraud.
Over the years we have witnessed a huge spike in online payment frauds which has further led to huge amounts of losses for businesses and credit card companies in the UK.Every year nearly 70-80% of the people in the UK plan their holiday shopping online for the ease and convenience that it offers.
Ever since technological advancements took a forefront in our priority list, there has been an increase in the number of cyberattacks.
With the rise in attacks, the government, organizations, and even individuals have started looking out for practices to protect their network, systems, data, and programs.
These digital attacks are aimed at destroying sensitive information, accessing unauthorized data, and extortion of money.
Various cybersecurity measures are implemented to put an end to them.Importance of CybersecurityCybersecurity is crucial as it surrounds everything that is concerned with the protection of an organization/individual/a government’s personal information, sensitive data, bank account details, credit card details, health information, information systems, and more.
Without cyber security, all important information is vulnerable to theft, damage by cybercriminals.What are the types of cyberattacks?Cyberattacks are offensive actions that have a crippling after effect for an organization.
According to the World Economic Forum (WEF), cyberattacks are considered to be one of the most significant global risk.
Ascent InfoSec, the cybersecurity practice of Ascent Innovations LLC, is one of the Top 100 Managed Security Services Providers according to the research that evaluates MSSPs globally and 80 of these firms are based in United States.
The Managed Security services span various technologies such as Firewalls, IDS/IPS, Web & Email gateways, Advanced Threat Defense, Vulnerability Assessment, Security Information & Event Management (SIEM), and so on.
Allied Market Research forecasts that by year 2026, the Managed Security is going to be a $100 billion business.
The drivers for growth for Managed Security services are as follows:
Increase in ransomware targeting companies of all sizes
Cybersecurity talent shortage & budget limitations
Increasing Attacks on Cloud Services in Digital EraThe cloud used in enterprises has evolved, and so are the cloud security services.
The cloud substantially has become an inevitable part of the corporate and enhances the digital footprint.
In the current world data is the king; therefore, it calls for enormous IT resources to protect it.
According to a recent report by McAfee, there was a 630% increase in cloud attacks, and these staggering numbers are bound to increase in the future.Organizations have to understand that the deployment of cybersecurity services is crucial to stop breaches.
Activities such as rushed cloud migrations, flaws in the cloud architecture, poor management can expose your cloud in front of hackers.Let’s discuss the threats to cloud services and how you can prevent them.Inadequate Access and Control ManagementAccording to a recent report, 40% of the attacks on the cloud are due to insiders.
Not changing the passwords frequently, neglecting to use multi-factor authentication and various factors like this pave the way for the hackers to thrive on their malicious activities.How to prevent it?Ensure to put a strict identity control to access the data.Frequently change the passwords and cryptographic keys.Deploy multi-level authentication to the essential accounts.For more details:- https://sattrix.com/blog/increasing-attacks-on-cloud-services-in-digital-era/
Cyber-security professional profiles are being head-hunted by hiring managers across the industry, making them highly in-demand across domains and job roles.
This sudden rise in Information Security professionals across hiring managers is obvious, it is due to an increase in cyber-attacks and other threats, making smooth functioning of businesses in trouble.
Besides, this sudden increase in cyber attacks is hampering the businesses credibility of enterprises among stakeholders and impacting their ROI in the long run.
This has increased the opportunity for IT professionals to get better rewards in the market for Infosec skills.
And CISSP is one of the elite Cyber Security Certifications all across the globe, certified professionals among the lot are given more opportunities and career scope, making CISSP certification the apt choice at present.
CISSP is highly sought-after cybersecurity credential that all the aspirants and veterans are opting for.
