FIVE STEPS TO REDUCE THE RISK OF CYBERCRIME TO YOUR BUSINESS.

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Transcript of FIVE STEPS TO REDUCE THE RISK OF CYBERCRIME TO YOUR BUSINESS.

FIVE STEPS TO REDUCE THE RISKOF CYBERCRIME TO YOUR BUSINESS

“The world is changing, and so too is the threat landscape. SMB to Large Enterprise are being targeted in unprecedented numbers.”

Target Breach

56%

200k

5M

Increase of Attacks in 2014

Chick-fil-A Credit Cards

SECURITY AND THE COST OF INTRUSION

TYPES OF CYBER ATTACKS

DO BUSINESSES REALLY FAIL AFTER A CYBER ATTACK?

60% of all targeted cyber attacks were directed at

Enterprise

80% of Cyber Attacks resulted in PCI Compliance

Fines

60% of Enterprise organizations see a 40% short

term loss in revenue

WHAT CAN BE DONE TO MITIGATE THE RISK OF CYBERCRIME TO MY

BUSINESS?

STEPS TO HELP YOU SECURE YOUR BUSINESS

1) Firewall Theory2) Use stronger authentication 3) Diversify your network4) Compliance audit5) Educate your users

TASK #1 FIREWALL THEORY !

Firewall all ingress and egress points.

Limit incoming and outgoing traffic.

Limit BYOD devices.

Take a defensive strategy.

Audit users monthly.

SAMPLE FIREWALL CONFIGURATION

KNOWING YOUR SYSTEMS IS CRITICAL FOR MAINTAINING A REASONABLE

DEGREE OF IT SECURITY

If you don’t have a CSO, get one and have them report to the CEO.

TASK #2: USE STRONGER AUTHENTICATION

Validating identities remains the key factor in security. Single Factor vs Multi Factor.

Use random key generators.

Establish multi-factor authentication for VPN and personal devices

Change Password in 8 week intervals

TASK #3: DIVERSIFY YOUR NETWORK

Making your account credentials dynamic.

Lock up your WIFI Access points.

Limit access to certain data.

Allow access to specific parts of your network.

Disable USB access and enable Cloud storage.

TASK #4: COMPLIANCE AUDIT

Are you PCI Compliant and do you handle financial transaction's?

Check for how many users are on your network.Semi Annual on-site assessment and quarterly off site scans.

Check records against PCI compliance standards.

Enable stricter access protocols for access.

.

TASK #5: EDUCATE YOUR USERS

Educate your employees on Cyber Crime.

Make sure your employees close the bank vault.

Don’t allow installation of programs on office computers.

Safeguards are meant to support.

PCI COMPLIANCE FINES

BREACH CONSEQUENCES

Cardholder Breaches can result in the following losses for a merchant.

• $50-$90 fine per cardholder data compromised

• Suspension of credit card acceptance by a merchant’s credit card account provider

• Possible civil litigation from breached customers

• Loss of customer trust which effects future sales

CONTACT INFORMATION

Sherman Crancer949-680-6671