SpiderGroup can help you comply with these practices and significantly reduce your risk of cybercrime. The process may seem complex, but SpiderGroup can provide you with support for document templates, consulting, technical support, accreditation, gap analysis, and more. Our approach can be tailored to your business needs. All services are included with free cyber insurance, certificate, logos for website use and warranty, and 12-month certification. Here`s our quick guide on how to defend your business from cybercrime. Targeted attacks are very difficult to detect and stop. They can be launched from outside or inside your business and it can take months (or even years) for them to materialize. These can range from standard attacks such as ransomware or warrant fraud – the cyber equivalent of the old “smash and grab” burglary – to much more sophisticated attacks using social engineering techniques backed by technology and intelligence practices. Any organization doing business with Russian or Chinese interests will almost certainly be exposed to advanced attacks that could even extend to “honeypot traps.” Ultimately, simply navigating these areas isn`t illegal, but it can be a problem for you.
While it`s not illegal as a whole, there are unsavory activities in many parts of the dark web. It can expose you to unnecessary risks if you are not careful or if you are an advanced user, computer savvy and aware of its threats. So what good is the dark web when used for illegal activities? In comparison, countries where the technology is not yet widely used are in the safe zone, so Pakistan is not as affected by cybercrime as the United States and other European countries. This is mainly due to the lack of knowledge and access to the Internet. According to one report, only 500,000 people have access to private ISPs. According to the researchers, the most common cybercrime in Pakistan includes cyber pornography, sale of illegal items, online gambling, intellectual property crimes, cyberstalking, email address spoofing, unauthorized access to computers, virus attacks, account hacking, and theft of personal and official information contained in electronic form. Cyber insurance can help financially secure your business in the event of a cyberattack. Depending on the policy, you may be insured for technical systems, reputational damage, data costs, extortion and loss of business. This can handle malware, ransomware, phishing, and hacking. Identity theft monitoring is crucial if you want to prevent your private information from being misused. All kinds of personal data can be distributed online for profit.
Passwords, physical addresses, bank account numbers, and social security numbers are constantly circulating on the dark web. You may already know that malicious actors can use them to damage your balance, commit financial theft, and violate your other online accounts. Personal data leaks can also damage your reputation through social fraud. Companies` IT systems can be breached from both inside and outside. Security breaches can be caused by a network attack (hacking, distributed denial of service, DDoS), viruses (Trojans, time bombs, worms), cybercrime, human error, IT provider failure, or power outage. The consequences for a business can be serious – network inaccessibility, loss or theft of (part of) computer system, destruction of data, manipulation of data, leakage of confidential information or personal data, and related privacy issues. What are the legal options to manage these consequences and ensure the continuity, security and confidentiality of the company`s network and information systems? These typically come with a number of benefits, such as cyber forensics and PR advice, as well as insurance against financial loss, fines, and brand damage. – Promote a culture and mindset of safety throughout your organization.
As Ronald Regan said at SALT`s disarmament talks with the Soviets: “Trust but check”; In addition, the nationality of the persons whose data is digitally processed is relevant. For example, companies from non-EU states must ensure an “adequate level of protection” for the storage and processing of EU citizens` personal data due to current EU data protection rules. A Thai company that processes Italian customer data in the United States is also subject to this regulation, although there is no physical relationship with Europe. In this case, there is a problem, because due to the so-called “USA Freedom Act” (formerly Patriot Act), the United States does not comply with European regulations. Until recently, the transfer of personal data was permitted if a U.S. company committed to the “Safe Harbor Privacy Principles.” However, on 6 October 2015, the Court of Justice of the European Union ruled that the United States (US ICT service providers) cannot provide an adequate level of protection for personal data. The European Union and the United States are currently working to find a solution to this problem. Under Principle 10, regulated firms have a responsibility to “protect client funds and assets.” Cybercrime poses a significant risk to customers and their assets, including information and money. It is true that cybercrime is becoming increasingly sophisticated and destructive in nature and impact, making it difficult for local authorities to track down and stop cybercriminals, mainly for two fundamental reasons: firstly, because a cybercriminal may be far from his victim, for example by operating in Russia, while using servers in the United Kingdom and targeting users in the United States; Second, fighting cybercriminals requires specialized resources and expertise.
Ransomware and digital extortion are expected to offer cybercriminals great opportunities to succeed in 2018. To deal with this type of situation, we need to make our security systems smarter and more susceptible to malware.
