Businesses have been investing heavily in cybersecurity to protect their networks from cyber-attacks. However, cybercriminals also seem to get better carrying out their cybercriminal acts as we continue to go digital.
Given the rapid pace of digital modernization, many organizations struggle to secure their systems, making them a prime target for cyber-attacks.
Just recently, MyRepublic – one of Singapore’s mobile operator and internet service provider – has been one of the latest targets to these attacks. Nearly 79,400 personal information of their mobile subscribers had been potentially accessed by hackers. Identity verification documents related to customer applications for mobile services were among the information stolen.
According to Dr. Stas Protassov, technology president of cyber-security firm Acronis, because copies of identity documents and mobile numbers may have been stolen, affected customers may be bombarded with more mobile spam messages or phishing attempts in the coming weeks. It did, however, add that there is currently no indication that other personal data, such as account or payment information, has been compromised.
Incidents like this prove that businesses, regardless of size and industry, require a more effective approach to preventing and responding to network threats
The threats that are lurking in your system
There are numerous costs associated with a compromised data breach; having weak network security in your business puts you at risk of cyber-attacks. Companies’ primary focus is network security; there are numerous security threats that businesses should be aware of to protect their systems.
Some common security threats that can compromise your system are as follows:
Malware/ Ransomware – a malicious threat that restricts and encrypts a user’s system which then demands a ransom to restore access.
Phishing – It is a type of fraud in which the cybercriminal obtains sensitive information by impersonating a reputable source to appear genuine.
Structured Query Language (SQL) Injection – In this attack, cybercriminals inject SQL code to gain access to your database which allows them to add, modify, or delete your critical information. An effective attack can circumvent authentication, steal, corrupt, modify, and delete data. It also can gain root access to the system.
Brute Force Threat – a cryptographic attack that focuses on guessing potential password combinations until the correct password is found. This straightforward method has a high success rate. If successfully attacked, it can obtain your sensitive data, spread malware, or even damage your reputation.
A simple click invites attackers to spy on your system, with potentially disastrous consequences. But how do you deal with these threats?
To protect your company, you must have the following basic security measures in place:
Antivirus and Anti-Malware Software is intended to detect, remove, and prevent malware infections from infiltrating a system or network. It can also help protect against spyware, adware, and other malicious software.
Firewall a network security device that monitors incoming and outgoing network traffic and allows or blocks data packets based on a set of security rules. The goal is to create a barrier between your internal network and incoming traffic from external sources (the internet) to block malicious traffic.
Intrusion Detection and Intrusion Prevention Systems (IDS and IPS) Both of these programs work in different ways but have the same goal: to protect your network. Both have powerful malware and attack recognition software that detects and blocks attacks, but they also have additional rules and tools designed to improve network security.
Web content filtering is a method of preventing access to potentially harmful content. Content filters can be hardware or software, and they are frequently included as part of a firewall. They are likely to serve the same security function.
Data loss prevention refers to safeguarding the system against both data loss and data leakage. It also prevents data breaches, exfiltration, and the unintentional destruction of sensitive data.
Virtual Private Network (VPN) allows for the establishment of an encrypted connection to another network via the internet. The encrypted connection aids in securely connecting business networks over the internet or allowing you to access business networks from home. VPN is widely used in business settings.
Consolidating multiple security functions with UTP
Fully protecting your network would require several security appliances and technologies at the same time. However, for small businesses, the thought of having to purchase these separately, not to mention the additional expenses for manpower and maintenance, can already be overwhelming.
Unified Threat Protection UTP (or sometimes called Unified Threat Management UTM) solves this problem by combining multiple security features on a single security umbrella within your network.
UTP enables your organization to consolidate all the IT security services mentioned earlier into one device to simplify network protection. As a result, your business can monitor all threats and security-related activity through a single pane of glass. In this way, you attain complete, simplified visibility into all elements of your security.
With the Unified Threat Protection Solution in place, you can enjoy:
Centralized Integration & Management. Eradicate the problems of managing multiple devices and technologies separately as UTP offers a framework that consolidates all the functions of your security system under one management console which makes the system easier to monitor.
Faster Security Solution. As networks and security functions are integrated under one console, it allows for faster and more streamlined processing of data while reducing the resources required to carry out the inspection process.
Cost-Effective. Consolidating all your network and security functions in a single centralized console reduces the number of devices that are needed to be purchased and maintained, allowing you to achieve significant cost savings.
DCT’s Unified Threat Protection Plan
With today’s threat, stand-alone security strategies are no longer capable of protecting businesses from sophisticated threats. Thus, the need for a multi-layered security solution such as UTP has grown significantly.
That’s why, Data Connect Technologies Pte Ltd combined the consolidated security features of UTP along with the 24×7 round the clock threat monitoring expertise of our Security Operations Center (SOC) in our new Unified Threat Protect Plans!
DCT’s Unified Threat Protect Plan provides industry-leading defense against sophisticated threats, assisting your organization in strengthening its IT security services and mitigating the risk of cyber-attacks. This single multi-layered security solution includes network firewall, intrusion detection/prevention, antivirus, and 24×7 monitoring.
With this simplified security, you can reduce your risk of cyber threats, enable cloud access, and free up resources, allowing you to focus on what matters most to your business – revenue growth and profitability.
Plus, you get to enjoy up to 70% PSG Subsidy!
With the growing risk from cyber threats brought by technological advancement, the need for protecting every aspect of your business is essential to business growth. Having an all-in-one solution to protect against online threats like Unified Threat Protection can be the best option for SMEs. Being imbibed into a single unit, you need not have multiple vendors, devices, additional expenses for manpower and maintenance.
With a consolidated security network, you can get protected against threats much faster and maintain network efficiency so you can focus on what matters most to your business.
Data Connect Technologies Pte Ltd is a dynamic ICT and Services Provider with over 18 years of experience in providing excellent IT support to companies all over Singapore.
Data Connect Technologies Pte Ltd is a Gold Partner of Microsoft and has recently been recognized as one of Singapore’s Fastest Growing Companies 2021.