Here are a few instances of social engineering scams that are prevalent right now.

1. Mails disguised as official announcements: A variety of emails that target phishing contain the logos of official government entities and unnatural connections to COVID-19.
2. False medical advice: Emails with attachments are sent with secure COVID-19 remedies mentioned in the names of reputable doctors.
3. Charitable causes: Phishing emails asking for donations are sent out in the name of a pandemic.
4. BEC Campaigns: Initiatives for campaigns are made to focus on the operationally impacted industries.
5. Unverified websites and mobile applications: Due to the pandemic, the majority of businesses are required to embrace remote working, which necessitates the use of a variety of IT tools and platforms. Many businesses are vulnerable to cyber attacks and other frauds because they have not investigated the dependability of the platforms they are employing.
6. Companies must periodically evaluate their cyber risks and are ready for potential threats as cyber attacks and frauds increase during the crisis.

Based on their operations and the data they manage, each firm has different cyber dangers, such as financial institutions and healthcare organizations that deal with a lot of sensitive personal data. Therefore, the business must investigate cyber attacks while taking into account the following factors:

1. Data attacks and technical and operational activity
2. Attacks against data and commercial and financial activity
3. Attacks on compliance and regulations.

Because of the heightened risk of cyber attacks, organizations must spend more money to protect themselves. However, the cost of resources and associated technologies for identifying and reducing cyber threats may be less than the financial and legal repercussions resulting from cyber-attack.

AUDIT OF CYBER SECURITY

A security audit evaluates a company’s information system’s security systematically by gauging how closely it adheres to predetermined standards. A thorough audit often evaluates the security of the system’s software, information handling procedures, user behavior, and physical setup and environment. In the wake of legislation defining how businesses must handle information, security audits are frequently used to establish regulatory compliance.

The three primary categories of security diagnostics are penetration testing, vulnerability assessments, and security audits. Each of the three approaches is different and can be more appropriate for a specific objective. Security audits compare the effectiveness of an information system to a set of standards. To make sure that data and assets are safeguarded, every company should conduct regular security audits. The audit’s scope should be established initially, and it should include all company assets related to information security, including computer hardware, phones, networks, email, data, and any items that grant access, including cards, tokens, and passwords.

Threats to assets in the past and the future must then be examined. Information security professionals should stay current on new concerns and corporate security strategies. The auditing team should next estimate how much destruction might occur under dangerous circumstances. An intrusion prevention system, often known as a plan and controls for preserving business operations after the danger has materialized, should be in place. Evaluation and implementation of business requirements are major considerations during the audit process.

Following completion of your audit and delivery of the ensuing recommendations, the next course of action should be decided using the information in this package of guidance. If your organization is facing serious and imminent risks, you must take immediate action to address these issues, money permitting.

Get in contact with our experts right away to discuss your alternatives and how we can assist make sure your company is safe, secure, and using all the most recent hardware and software if you believe your IT security systems need an expert evaluation.