3 Amazing Strategies that Will Burst Cybercrimes in 2020
Across the globe and on a daily basis, people are inundated with cyberattacks. From Spain to the U.S. and almost everywhere in the world, nobody is spared; businesses, governments, and individuals are singled out by cybercriminals. Here are three amazing strategies that will burst cyber-crimes in 2020.
How often do cybercrimes occur?
Reuters reports on November 4, 2019, that Spain’s National Security Department said a cyberattack was launched on Spanish companies. The attacks included Cadena SER radio that affected Cadena Ser’s local broadcasts.
In 2018, the Police in Spain reported having captured a cybercrime gang made up of Ukrainians and Russians. These criminals allegedly stole more than 1 billion euros ($1.24 billion) from financial institutions worldwide in a five-year spree. Yes, they were eventually apprehended, but the deed was already done.
The effect of a cyberattack can be very disastrous, as you can lose financially.
You often lose the trust and loyalty your customers repose on you. The huge lose is why every hand must be on deck to ensure that we fight cyber-crimes to its knees in 2020.
It’s possible you have not experienced the desolation that comes from cyberattacks because you have not been a victim. You may be the next target, so for this reason, the following three strategies are what you need to put in place to stop the activities of these cyber attackers.
Implement forward-thinking strategies.
The rapid increase in technological advancements and digitalization also have their sore sides; your business is now more threatened by malicious software. A report from Trustwave that IT security practitioners are nearly split – 51% to 49% – on who constitutes the most significant threat.
Is the threat going to be from external adversaries or your trusted insiders does not help matters.
Apart from cyber attackers who are on the prowl to find a loophole to initiate their attacks, you also have to contend with your employees, vendors, contractors, and other third parties you have business affiliations with and who can access your network.
Since you now have more people that have access to your network security, threats will keep on escalating since attackers will have more vectors to exploit, and that is why everybody should be placed on zero-trust.
You must assume that all users in your organization, devices, and transactions have already been compromised, without minding if they’re inside or outside of your organization and place them on zero-trust.
It’s true that the problems you are having today as regards cybercrimes are technology-based, that does not mean you should throw away anything technology-related. VPN has come up as a technology that you can use to fight the threats of cybercriminals.
VPN (virtual private network) technology makes use of a public network to connect remote sites or users through the Internet, either at home or when you connect to a public Wi-Fi.
VPNs have come up as an excellent cause in the fight against cybercriminals to help ensure privacy and the security of your business.
The only catch to this is that you may have to expend more funds to subscribe to the services of any provider. But, this shouldn’t be an absolute means of concern to you.
Some VPN service providers offer free VPN services that promise the protection of your data.
VPN protects identity and Internet connection with encryption and protection against DNS / IPv6 leaks. It’s also possible to have a paid provider is worse than a free one. But you can find some providers with free plans (like cooltechzone). In most cases, a free VPN is a free version of a traditional paid VPN service.
Once your data is securely encrypted, your real IP is replaced with a genuinely anonymous IP from your service provider’s servers, and it will be difficult if not impossible for anybody to launch attacks at you.
Blockchain technology was an innovation by a person (or group of people) using the name Satoshi Nakamoto in 2008, for the sole purpose of serving as the public transaction ledger of the cryptocurrency bitcoin.
Since then, however, the world has witnessed a significant transformation in the applications of the blockchain. The fun of the blockchain is that anybody can is content, but the sad news for hackers is that there isn’t a single, definitive account of events that can be manipulated.
For cybercriminals to access your information, they must manipulate every copy of the blockchain on the network, which is nearly impossible.
Where a strong-willed hacker may attempt this almost impossible feat, there are some other features of the blockchain that ensures your information remains secure. Unfortunately for any would-be hacker that may wish to attempt hacking your records, they are secured through cryptography.
With the network participants having their own private keys that are assigned to the transactions they make and act as a personal digital signature, the alteration of a record renders the signature invalid. It is a red flag that something has gone wrong somewhere.
The decentralized nature of the blockchain also ensures that there is no single point of failure for a cybercriminal to capitalize on. Securing at least a 51 percent majority of participants as the blockchain consensus to effect an alteration is also a herculean task.
The convergence of zero-trust strategy, VPN, and blockchain to work as a unit is a desirable phenomenon that will burst cybercrimes in 2020. It’s a perspective that’s worth considering for its amazing benefits.