Compared to two decades back, when the technological revolution started, the internet is now a much scarier place. New malware or ransomware pops up every 14 seconds, trying to phish your data or cripple your hardware. Simply activating your device firewall or installing an anti-malware is no longer enough. To stay safe in today’s online landscape, you need to update your strategy.
Keep reading to find out three new-age ways to stay protected online.
The State of Cyberattacks 2020
Since January, there have already been two major incidents of cyberattacks.
In London, a data breach from Formation House left the identities of 400,000 anonymous business owners exposed to the public, resulting in millions lost in revenue.
And, in the second incident, more than 700,000 personal and medical records of students subscribed to the college athletics recruitment app, Front Rush, were exposed online, causing a huge uproar.
The important pattern in these two instances is the size of the businesses involved. Neither were large Fortune 500 companies—they were medium-sized companies in their growth phases.
This means small and medium-sized businesses are now just as susceptible to hackers and malware as their larger counterparts.
So How Can You Protect Your Business Against Devastating Cyberattacks?
The three most trusted solutions in the internet community today are VPNs, EDRs, and data encryption. Here’s a short rundown of all three to help you figure out which one best suits your needs.
1. Virtual Private Network (VPN)
VPNs have become tremendously popular over the last couple of years due to first-hand results experienced by satisfied users worldwide. They’re mostly used by individuals, but in some instances, businesses use them as well.
A virtual private network sets up a pseudo network that masks your IP and allows you to set a dummy location for your device.
VPNs have multi-layered security features like SSL encryption that secures your outbound data in the safest and most effective manner possible.
If you value your privacy, VPN software is highly recommended. And the best part is VPNs are very affordable, so you won’t end up paying an arm and a leg for your cybersecurity.
2. Endpoint Detection and Response (EDR) software
EDR software is a comprehensive set of cybersecurity measures specially designed with the commercial sector in mind. If you are a business owner and are worried about data breach and malware threats, this is the best solution for you.
The main difference between EDR software and a regular antivirus is that the antivirus will only detect the virus, then wait for your response to scrub it from your system. With the EDR software, the multi-stage malware protection kicks in as new usage data enters the EDR stream, eliminating any threat before they reach the endpoint, which is the device.
Because of this, many dormant malware that cannot be identified by an antivirus are immediately scrubbed from the data stream before they reach the endpoint.
3. Data Encryption
The third most popular cybersecurity option preferred these days, data encryption, is best left to professionals. Most major companies use complex data encryption algorithms in their communications and records to prevent hacks and phishing. Most of these algorithms are developed and customized individually, to scramble data when online or in transfer (like emails) and only show properly to a recipient who has the authorized encryption key.
Of all the popular methods, this one also tends to be the most expensive. You should only attempt this if you have the requisite coding and programming skills or are willing to spend a lot of money.
As cyber attackers become more savvy, we must evolve our security measures. If you’re an individual looking for an affordable cyber protection solution, a VPN might be right for you. If you’re in the commercial sector, your best bet is likely EDR software. And while data encryption works great for major corporations, if you’re working on a budget, you’ll probably want to leave it to the experts.
Before making a decision, make sure to do your due diligence and research the solutions on the market, so you can make an informed choice that will work best for you.
If you know about some awesome new cybersecurity measures that you believe should make this list, please let us know below!