TechRepublic reports that a midsized company gets alerts for more than 200,000 events and threats each day — far too many than even the most experienced team of human tech experts should be expected to handle.
AI, or artificial intelligence, can provide a major enhancement to a company’s cybersecurity, especially with its ability to identify malware and other alerts before they have a chance to infect a network and compromise sensitive data.
Most importantly, AI-based cybersecurity doesn’t get tired. Rather than replacing IT professionals, AI cybersecurity solutions can supplement your internal team. It is precisely the sophisticated, innovative protection a business needs to survive and thrive, especially as cybercriminals and hackers grow smarter and more audacious by the day.
Here Are 5 Benefits of Using AI Cybersecurity Solutions:
1) It’s Smart
Through deep learning as well as machine learning, AI cybersecurity solutions get to know the ins and outs of the network its protecting, including its unique behavior and patterns. Consequently, it is quick to notice whenever the network is straying from its normal behavior — perhaps as a result of a security incident — and responds. By learning everything it needs to know about a network, as well as recording the traits of previous alerts and attacks, AI-based cybersecurity gets stronger each day, making it that much harder for hackers to break through.
2) It Never Rests
Be it sickness, holidays or well-earned PTO, there are many reasons why key members of your IT team may miss a day or two of work. AI security, however, never stops protecting your network, safeguarding your data 24/7/365 from even the most innovative and creative cybercriminals. As a business owner, you, too, can enjoy some richly deserved time off with peace of mind that comes from knowing your company is safe.
3) It Can Handle Loads of Data
Companies of all sizes transfer tons of data internally and with clients each day, and it is essential this data remain clean. AI security can review tons of data in a timely manner while identifying and resolving any kinds of threats and alerts lurking throughout.
4) It’s Fast
Recognizing and resolving a threat before it happens is essential when it comes to network protection. AI-based security can quickly monitor and scan your system for threats and find them quicker than humans can. It’s far more effective to snuff out a threat before it becomes a problem than trying to repair your network and reputation in the aftermath of a breach.
5) It Features Layered Authentication
Passwords aren’t enough when it comes to adequate protection. AI cybersecurity solutions also use two-factor authentication, or 2FA. This technology requires users to show at least two forms of identification before entering a network. This can be a verification code sent to someone’s phone via text or something as high-tech as a retinal scan or face recognition. These extra layers of security make your network more difficult for even the craftiest of hackers to breach.
We Can Help
Keeping up with cybercriminals has never been more challenging than it is today. They are more skilled and audacious and have more resources at their disposal than ever before. Partnering with an MSP who offers modern, innovative security is the best way to ensure your network is keeping pace with those who are trying to destroy it. Reach out today to learn about our suite of services and how they can help and schedule a no-risk, no-cost strategy assessment call.
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Most ransomware attacks are initiated by organized crime, according to Clear Data. Tony Soprano, anyone? When you think about it, it’s really no different than a shakedown. But instead of Soprano strong-arming you in an alley to extort your money, cybercriminals hijack your data right from the safety of your business or home.
And they’re not stopping anytime soon.
By the time you take in your next three breaths, a new organization will become a victim of ransomware. That’s a new victim every 11 seconds, according to Cybersecurity Ventures.
And in 10 years, ransomware costs are estimated to continue skyrocketing 10 times the total of 2021, to nearly $265 billion, making ransomware one of the fastest growing cybercrimes. But that doesn’t mean you have to fall victim to the statistics. Here’s how you can identify and prevent ransomware attacks for your North Carolina business.
How Ransomware Attacks Take Place
While no two attacks are the same, the way they get into your systems is similar:
- An email from a scammer hits your inbox. It demands your attention because it resembles an invoice or notice from a familiar brand.
- Once you click on the suggested link or download a document, a silent infection starts. The user’s files are then encrypted.
- Ransom is demanded. The user is given payment instructions and deadlines, usually involving cryptocurrencies, like Bitcoin.
- End result: Your business is faced with locked files or systems, encrypted files and/or destruction of your files.
Once a ransomware infection starts, business owners are forced to suffer long-lasting consequences like extended downtime, loss of funds from cleanup and compliance fees and a loss of trust amongst investors and consumers.
Early Detection is Critical
If preventative, 24/7 ransomware protection and monitoring isn’t maintained, your business could fall victim without even noticing. By not having proper detection tools in place and a plan to thwart malicious activity in the earliest stages, you run the risk of greater damage.
According to Cisco, the average detection time for a breach is over six months. The additional time allows cybercriminals to identify critical data, distribute it for profit on the black market and continue extracting further data as time passes. It also opens the door for multiple extortion points to occur through the sale of your private data, the encryption of files and access to new networks and data through exposed information.
Similar to auto or home insurance, you don’t want to wait until you need ransomware protection to establish it.
Don’t Pay the Ransom
Three out of four organizations have experienced a cyberattack in the past 12 months, according to a report by Cisco. And recovery is much more expensive than the ransom.
If recovery costs so much, then it makes sense to pay the ransom, right?
Wrong. The research says you’d be wasting your money.
According to Forbes, an overwhelming 92 percent of those who pay ransom requests don’t get their data back. The best strategy is to deny ransomware attackers payment and allow cybersecurity experts to take control of the situation.
Through the knowledge of a trusted managed security partner, proper encryptions, continuity plans and cybersecurity training, you can avoid ransomware attacks in the first place. Here are a few suggestions:
Encrypt Your Data
With the right preventative data security, you’ll be able to stop potential threats from getting into your data in the first place. Tools like multifactor authentication, controlled access and various other security measures can not only prevent breaches but alert your business sooner to potential threats. This allows for simple, proactive measures to be taken, rather than reactive scrambling down the line.
Train your Team
94 percent of malware, including ransomware, is delivered by email, according to CSO Online. And social engineering is the easiest way into your network for hackers nowadays. With cybersecurity training, your employees can learn ransomware prevention, discovering how to identify common social engineering ploys that come through their inbox before they can claim an unsuspecting victim.
If you have team members who take their work away from the office, you’ll want to take extra precautions. Public and high traffic areas are prime targets for ransomware attackers to try and gain access to sensitive data. You can stay secure on the go by implementing VPNs. Most corporate users don’t utilize a VPN when they’re using devices outside of the office. With nearly three out of four organizations having experienced a compromise with a roaming user, it’s crucial to get your team to understand the vulnerabilities they expose and stay diligent. Additionally, discouraging the use of personal devices and repeated passwords can provide a much-needed extra layer of security.
You Don’t Have to Become an Expert Overnight
At Nitor Solutions, we help you outmaneuver your ransomware opponents with proactive and comprehensive ransomware protection. Our advanced cybersecurity knowledge and services can help protect your team from ransomware without the added stress and time. We deliver airtight security, so you can focus on your business and rest assured that you have 360 degrees of protection.
To better understand how vulnerable you are to ransomware attacks, request our security assessment today.
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