Cyber Peace Foundation has trained professionals who identify cyber security as the practice of protecting critical systems and sensitive information from digital attacks. We may often recognise cyber security as information technology (IT) security designed to combat threats against networked systems and applications.
Also, a robust cyber security strategy has layers of protection to defend against cyber crime, including cyber attacks that attempt to access, change or destroy data. It may extort money from users or the organisation and aim to disrupt normal business operations.
However, cyber security challenges arrive in various forms that become frequent through misconceptions persisting in this field. These delusions involve that people often believe cyber criminals to be outsiders, with the risk surface still expanding.
In addition, cyber criminals find new attack vendors at all times and succeed in the same, with various companies living in the misbelief of their industry, remaining safe from cyber attacks. It allows attackers to target hundreds of businesses at once, often having less stringent technological defences.
With this in mind, cyber security has become a fundamental component of the country’s overall national security and economic security strategies. It has heightened awareness among organisations for their security analyst requirement who makes a secured system with increasing cyber-attacks.
So, glance at some significant cyber security challenges faced by various industries.
Ransomware attacks remain a malicious software type that threatens to publish or block access to data or a computer system, usually by encrypting it, until the victim pays a ransom fee to the attacker.
In this process, the ransom demand comes with a deadline threatening the victim with data loss or an increase in ransom amount when they fail to pay in time.
Ransomware attackers utilize human, system, network, and software vulnerabilities to infect the victim device, which remains a computer, printer, smartphone, wearable, point-of-sale (POS) terminal, or another endpoint.
In addition, ransomware has different examples that allow organizations to gain a solid foundation. This foundation happens as most ransomware attacks tactics, exploits, and characteristics. Also, the initial ransomware attack remains WannaCry which exploits a security vulnerability in Windows, created by the NSA and leaked by the Shadow Brokers hacker group.
Some other Ransomware attack examples involve Ravil, CryptoLoker Ryuk, Bad Rabbit, and NotPetya. However, Ransomware attacks have two popular types involving Locker and Crypto ransomware.
Cryptography in cyber security remains a method of protecting information and communications through codes. It allows only those to read and process a particular message for whom it remains intended.
In addition, cryptography refers to secure information and communication techniques derived from mathematical concepts and a set of rule-based calculations called algorithms to transform messages in ways that stand hard to decipher. It closely remains associated with encryption, the act of scrambling ordinary text into ciphertext and then back again upon arrival.
Also, cryptography acts as deterministic algorithms used for cryptographic key generation, digital signing, verification to protect data privacy, web browsing on the internet, and confidential communications like credit card transactions and email. It allows for encrypting data using a secret key and then sending the encoded message & confidential solution to the recipient for decryption.
Additionally, cryptography relates to the disciplines of cryptology and cryptanalysis with different approaches. These techniques involve microdots, merging words with images, and other ways to hide information in storage or transit. Modern cryptography has four purposes: confidentiality, unification, non-repudiation, and validation.
Phishing in Cyber Security
Phishing in cyber security remains a type of social engineering attack often used to steal user data, including login credentials and credit card numbers. It happens when an attacker masquerades as a trusted entity and dupes a victim into opening an email, instant message, or text message.
Further, the recipient clicks a malicious link when tricked by fraudsters leading to the installation of malware, the freezing of the system as part of a ransomware attack, or the revealing of sensitive information.
A phishing attack may have devastating results for individuals, including unauthorized purchases, funds stealing, or identity theft.
However, attackers often use phishing to gain a foothold in corporate or governmental networks as a massive attack part, such as an advanced persistent threat (APT) event. An organization attacked with phishing typically sustains severe financial losses in addition to declining market share, reputation, and consumer trust.
Cyber Peace Foundation has professionals with knowledge about each mentioned problem in cyber security. Therefore, you may adopt simple criteria of using the latest hardware and software for digital requirements to protect devices and data against cyber threats. Individuals or organizations should acquire advanced measures for installing a firewall to add an extra security layer.