Cyber Security: Why it should be a top priority for your company
WHAT IS CYBER SECURITY:
The implementation and use of various online defenses to combat cyber-attacks.
South Africa is not ready for a major cyber attack, and has the highest probability in the world of suffering a data breach. Ransomware and cyber attacks are on the rise and having a cyber security strategy (as well as backups) is ESSENTIAL for large enterprises as well as SME’s.
TYPES OF THREATS
Malware (viruses, worms, spyware, Trojans and ransomware)
Man in the middle attack (eavesdropping)
Phishing
Password attacks
SQL Injection
Data tampering
Spoofing
Social engineering
Drive-by attack
Cross-site scripting (XSS)
Credential Reuse
Denial-of-service (DoS)
Botnets
Rootkit
SOLUTIONS
Employee Training
Firewalls
Antivirus Software
Using Secure Networks
Security Testing
Intranet Security
WHY YOU SHOULD GET CYBER INSURANCE FOR YOUR BUSINESS
NO CYBER INSURANCE:
Not having insurance can safe an SME a lot of money, but ask yourself, in the event of an attack will you have the finds to cover cost like detection, recovery and lost revenue due to interruption?
CYBER-INSURED:
A cyber attack can occur simply by someone clicking a link or attachment in an email, posing as a company you can trust. Combined with a good cyber response plan – insurance can provide extra support.
GIB CYBER CRIME INSURANCE SOLUTIONS
Network Security Liability
Incident Response
Third Party Liability
Business Interruption
Data Restoration
Cyber Extortion
Outsourced Service Provider
Physical Damage
Privacy Liability
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