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Cyber Security

Corporate Cyber Security Tips to Secure Business Data

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cyber security

Mimecast provides a powerful suite of tools for corporate cyber security and resilience, available in a fully integrated subscription service.Ensuring high-end security of user’s data is the prime responsibility of any corporate firm who deals with collecting a lot of details from its customers, employees, stakeholders, and others. With the growing advent of technologies, malware, and computer infections, it is becoming highly difficult for big businesses houses to manage corporate cyber security with utmost perfection. Most of the cyber security experts claim that a little loophole in security policies can end up providing access of your servers to malware authors & hackers, who steals your private details for fraudulent purposes. If you’re new to the concept of data protection and security, then read the following tips to secure business data with utmost priority:

1. Install Patches for Applications and Operating Systems

It is important to ensure that you download, install, and update vulnerable applications and operating systems to prevent most of the heinous cyber-attacks. Installing security updates and patches regularly reduces the number of exploitable entry points available, thus, helps in building an extra security layer across of saved data and files.

2. Application Whitelisting

Application Whitelisting is one of the most commonly used corporate cyber security strategies to help businesses prevent their crucial details and important data from online hackers and scammers. By white listing an application, you can specify certain applications or programs to run while blocking all others, including the ones that are being pushed by unknown sources, links containing malicious software, and other infectious programs.

3. Restrict Administrative Privileges

Setting up administrative restrictions on various PCs, servers, and database centers can help you avoid corporate cyber security attacks up to some level, thus, enabling you to trace down the source of infection. Additionally, using this security tip also helps you to prevent malicious software from running on your device or limit its capability to get spread using your network connections.

4. Understanding Firewalls and Adding Security Layers

It is highly important to add firewalls, security applications, and other such programs to your devices, networks, and servers. Installing the same can add an extra layer of security to prevent cyber-attacks and can assist in tracing down the malicious sources in order to prevent future losses. Incorporating this option in your corporate cyber security strategies can help you define who all can access your network, make changes in its configuration, or even to block data from certain locations to avoid big data loss.

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Cyber Security

Biometric Middleware Sales Up 20% y-o-y in 2018, with BFSI Leading the Rally

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Biometric middleware has gained paramount importance as an integral component of the integrated security apparatus and it is perceived as a key enabler of the plug-in mechanism that delivers enhanced security. As growing traction of biometrics-as-a-service (BaaS) model creates demand for biometric systems in trail, lucrative growth opportunities are imminent for the biometrics middleware in the foreseeable future.

According to a new Fact.MR research, biometric middleware market continues on its upward spiral, with a revenue difference in 2018 over 2017 estimated at nearly US$ 150 Mn. Growth of the biometric middleware market will remain influenced by myriad factors ranging from adoption of convenient security solutions to demand for real-time data processing that influences prospects of the end-to-end biometric service landscape.

BFSI – Fast Adopter of Biometric Middleware

Evolving requirements of end-users in the banking, financial services, and insurance (BFSI) sector have led biometric service providers to focus on the provision of BaaS model to clients. The prominent challenge of high upfront capital investment, which constrains adoption of biometric technologies in the BFSI sector, is offset by focus of service providers to offer subscription-based and predictable model.

The study opines that, albeit revenues from sales of biometric middleware in the BFSI sector have been relatively low, demand and adoption are likely to fast gain momentum in 2018. A revenue growth of over 20% is foreseen for the biometric middleware sales in the BFSI sector in 2018.

As vendors put more efforts on the improvement of security apparatus, cyberthreats apropos of BaaS are likely to be ebbed in the foreseeable future. Prospects of BaaS model are expected to be promising, which in turn will boost the adoption of biometric technologies, thereby creating remunerative opportunities for the biometric middleware developers.

Multimodal Middleware Gains Increased Palpability

Enterprises operating in myriad industrial domains have increased their reliance on the biometric technology wherein implementation of multi-modal biometric systems is gaining rapid momentum. Multimodal biometric systems are witnessing widespread acceptance among end-users, owing to their convenience and greater security, despite involvement of relatively more resource- and time-intensive. The market is now witnessing a spur in number of biometric middleware vendors, trailing the rise in incorporation of the multimodal biometric systems.

Biometric middleware market is estimated to grow on the triumvirate of services, communication & media, institutions, and manufacturing sector. These end-use industries are collectively estimated to account for nearly three-fifth share of the biometric middleware market in 2018.

“Conglomeration of exponential technologies, biometric systems involve significant investments, which in turn deem relevant services cost-intensive. While large organizations have retained their supremacy in terms of revenues from biometric systems, adoption of the technology in small and medium-sized enterprises (SMEs) has remained sluggish, despite their widespread global occupancy,” says a lead analyst at Fact.MR.

“Digitalization is underway, however deficiency in the technology infrastructure continues to be a yet-to-be-achieved milestone, confining the penetration of biometric technologies, and thereby biometric middleware,” adds the analyst.

Government sector has remained a key growth area for the biometric middleware vendors. Growing emphasis on security has led to rapid adoption of biometric technologies in airports, thereby driving sales of biometric middleware. Adoption of biometric middleware is also gaining ground in the military and law enforcement, with advancements in the facial recognition technology resulting in more efficient policing. With the interest and adoption of biometric authentication increasing at a notable pace, it is highly likely that future prospects will be bright for biometric middleware market.

Fact.MR’s report also offers insights and forecast of the biometric middleware market for the period between 2018 and 2027. The report envisages the biometric middleware market to record a spectacular CAGR of over 17% through 2027.

The insights presented here are from a research study on Biometrics Middleware Market by Fact.MR
https://www.factmr.com/report/1882/biometric-middleware-market

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Cyber Security

Why It Is Important To Have Cyber Security?

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Cyber Security

Cyber security conference is vital and essential for the business and for each of us, exclusively, in light of the fact that they unite the group. Besides, regularly goads subsequent to having an important exchange with a companion or a coach, or in the wake of being a piece of a discussion on your most loved point in the field of data security.

Sharing learning, making inquiries and meeting remarkable experts is just a portion of the exercises you can participate in at such an occasion. This is the reason we set up together a rundown of probably the most significant Cyber security meetings around the globe, so you can utilize it as a manual for locate the right one for you.

System blackouts, information traded off by programmers, PC infections and different episodes influence our lives in ways that reach from awkward to life-debilitating. As the quantity of portable clients, computerized applications and information systems increment, so do the open doors for misuse.

What is Cyber Security?

Cyber security is the protection of internet-connected systems, including hardware, software and data, from cyber attacks. In a computing context, security comprises cyber security and physical security — both are used by enterprises to protect against unauthorized access to data centers and other computerized systems.

Cyber security conference, additionally alluded to as data innovation security, concentrates on ensuring PCs, systems, projects and information from unintended or unapproved access, change or devastation.

Why is Cyber Security Important?

Governments, military, organizations, budgetary foundations, healing centers and different organizations gather, process and store a lot of private data on PCs and transmit that information crosswise over systems to different PCs. With the developing volume and modernity of digital assaults, progressing consideration is required to ensure touchy business and individual data, and also shield national security.

While fast innovative improvements have given limitless zones of new open door and potential wellsprings of proficiency for associations of all sizes, these new advancements have likewise carried remarkable dangers with them. Digital security – characterized as the assurance of frameworks, systems and information in the internet – is a basic issue for all organizations. Digital security will just turn out to be more imperative as more gadgets, ‘the web of things’, get to be associated with the web.

This article acquaints you with some of these dangers, including digital wrongdoing, digital war, and digital fear, and clarifies the safeguards you ought to take against them.

Cyber threat discovery and reaction is created with difficulties. Most contemporary arrangements concentrate on alarm situated information produced by guideline based discovery frameworks. These alarms are hard to organize, be that as it may, on the grounds that the frameworks giving them give little data about the setting of a caution, the article it’s cautioning on, and what that item identifies with.

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Cyber Security

Why Maritime Cyber-security is Important And How to Establish It?

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Cyber security threats have grown in reach and complexity. … With multifaceted vulnerabilities and cyber-attack scenarios (intended or unintended), the answer to cyber security lies in a multifaceted approach to manage risks.The National Security Agency (NSA) has brought to light several revelations in the recent years that have hinted at various international malware attacks. Despite this, ship owners and managers belonging to the maritime industry are still not treating as a top priority. While it is true that they are far from the biggest targets of cyber attacks, any attack has the potential to cause serious harm and should be protected against. Below, we present two examples of past cyber attacks on the maritime industry and the consequences thereafter.

Incidents of Maritime Cyber Security Breaching

1. The Port of Antwerp

A drug-smuggling gang hired hackers to breach the digital tracking systems of a ship and locate drug-filled containers. The smugglers were then able to dispatch their own drivers and retrieve these containers by sending then ahead of the scheduled collection time.

Fortunately, the severity of the situation was easily seen and with due cooperation, the authorities shut down the smuggling ring within 2 years. Although the maritime companies involved did not suffer any lasting damage, according to security experts, the damage could have been far greater and the companies were extremely fortunate. These criminals could have gained access to and manipulate a vessel’s AIS, giving the impression vessels were in false locations or making phantom structures or vessels appear. The damage could have easily been severe and irreparable.

2. The Hacking of a Drilling Rig

Our second incident of breaching occurred when the maritime internet on a drilling rig was compromised and operations were forced to suspend. Furthermore, during this incident, hacker were able to eliminate an entire database of cargo information associated to a container line. All sorts of crucial information like container location, place of origin, and contents were removed from the system.

Although there have been a number of reported instance of cyberattacks in the maritime industry, there is a remarkable lack of transparency on the issues, as companies involved attempt to hush up their involvement. Thus far, neither the names of companies attacked have been reported, nor have companies come forward with information about the attacks. To date, we are still unsure who has been affected. Of course, this is to be expected as news of cyberattacks related to a company can severely affect trust in their brands. However, this lack of transparency severely hampers attempts to help secure the industry from future attacks.

What Should Maritime Industry Companies Do?

Ultimately, whether a company name gets exposed or not might not be as important as a leak of confidential information from a hacking. Protecting one’s self and one’s customers must take precedent over all else. Therefore, although maritime internet security is not traditionally a sexy issue, it needs to be discussed out in the open and acted upon. The following are some of the preventive measures that concerned companies, ship owners, and managers should take:

  • Raise awareness of the cyberattack issues at the executive level
  • Adopt good “cyber hygiene” in order to dissuade opportunistic attacks
  • Prevent accidental security compromises, develop and implement proper IT policies and maintain a top-down approach
  • Regularly backup data
  • Maintain strong user access controls
  • Set strong network access controls
  • Update all software constantly
  • Train employees to recognize cyberattacks and seek immediate support to prevent losses
  • Develop strong policies regarding external computer storage, such as USB memory sticks and other external drives.

Though few and simple, most companies do not maintain these kinds of cyber policies, though just these would be extremely effective in securing maritime networks from cyber attacks. Often, many attacks and opportunities arise from human error and poor standard procedures on that lead to lapses in judgement. These few simple rules may make ultimately make the difference to your company in the future.

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