• Digitalization and globalization have brought the world closer than any time before. As the world is rushing ahead and its inhabitants are super busy with their attempts to chase their dreams and aspirations, we have deposited our complete reliance on computer systems, Internet, and wireless networkstandards such as Bluetooth and Wi-Fi.
• Use of smart technologies have made everyone competent in various fields. Business, Medical and education systems are just a few to be named. These sectors grew, thrived and transformed with digitalization. But let us accept the fact that they all faced and are still facing challenges unlike in the past.All these fields face a great challenge when it comes to securing identities and data. Breach in security has become so common in every aspect of life.There is an escalation in the frequency and intensity of cybercrime.
• Managing such risks are the most troublesome challenges faced by every sector that is booming. In the past, we were quite familiar with the term pickpocketing. Today, we know cybercrime or cyber-attack better than the wordstheft or smuggling.

So what exactly is a Cyber attack?

• Cyber attacks or cyber crimes are criminal activities that are carried out using digital devices and/or networks. These crimes involve the use of technology to commit fraud, identity theft, data breaches, computer viruses, scams, and expanded upon in other malicious acts. These cyber criminals gain unauthorized access, steal sensitive information, disrupt services, and cause financial or reputational harm to individuals, organizations, and governments and(1)/or interrupting normal business processes.
• A vulnerability in the design or in the control of the computer system also called as cyber vulnerabilities pose significant corporate risks, including business interruption, breach of privacy and financial losses.
• Various people or parties are vulnerable to cyber-attacks, however different groups are likely to experience attacks in different ways more than others.
• The global cyber threat is continuing to evolve at a rapid pace. There is a rising number of data breaches each year. Medical services, retailers and public entities experienced the most breaches, with malicious criminals responsible for most incidents.
• As per the study conducted by the United Kingdom Department for Science, Innovation & Technology In April 2023 “medium businesses (59%), large businesses (69%) and high-income charities(56%) showed breaches in security.(2)
• Larger companies have generally improved their security over the last decade. As a result, small and midsize businesses (SMBs) have also become increasingly vulnerable as they often “do not have advanced tools to defend the business.
• Educational institutions are not left alone by these atrocities.In 2021, the NCSC reported that universities and higher education institutions (HEI) had been exponentially targeted by cyber-criminals. Despite the value of the sector and the vulnerabilities within it, higher education has received relatively little attention from the cybersecurity research community.(3)
• At a personal level as well, people are falling prey to these cyber attackers through dating sites, chat rooms and apps. Perpetrators take advantage of people seeking new partners, duping victims into giving away personal data.
• Cybercrime is estimated to have cost the global economy just under USD 1 trillion in 2020, indicating an increase of more than 50% since 2018(4)

Importance of cyber security

• Organizations do not operate in isolation but are embedded in a web of relationships that provide opportunities.
• But this also brings various Cyber threats to these organizations.
• There must be an improvement in the cyber threat intelligence by strengthening the network security of our organizations.
• A good and reliable security can be provided by a strong cybersecurity strategy against malicious attacks which may otherwise enable the attackers to access, alter, delete, destroy or extort an organization’s or user’s systems and sensitive data.
• With the manner in which cyber threats set to continue to rise, global spending on cybersecurity solutions is naturally increasing.
• Cyber insurers are having to face a major setback in cyber risk management.
• Cybersecurity is one of the most significant challenges of the contemporary world, due to both the complexity of information systems and the societies they support

What is Cyber Security?

• Cybersecurity is the practice of protecting systems, networks, and programs from digital attacks.
• It is the way in which protection of internet-connection systems such as hardware, software and data from cyberthreats are taken care of.
• Such a practice is used by individuals and enterprises in order to protect against unauthorized access to data centres and other computerized systems.
• Governments of all nations are very alert to the uprising of digital crime. They have been updating many organizations how to tackle such threatsand thushave been a boon t when it comes to Cyber Security practices.
• Cyber security can transform security into a business enabler.

How can Cyber security be of any assistance?

• Let us remember that in order to place effective cybersecurity measures, one has to face particularly challenging tasks as there are more devices than people, and attackers are becoming more innovative, progressively.
• Whilst it is an emerging field of research and industry, the importance of robust cybersecurity defence systems are now crystal clear and highlighted at the corporate, national and supranational levels.
• To lower the cyber security disruptions, one must proactively test one’s network security.
• To secure a computer system, it is important to understand the attacks that can be made against it.

At MC&ME Tech serve Pvt Ltd, Faridabad, Haryana, we are keen in providing the best online certification programs on Cyber Crime and Cyber Forensics.

We can help you prepare for, respond to, and recover from incidents so you can build true cyber resiliency into your security strategy or upskill your knowledge and be at par with your counterparts at international levels in the field of lawmaking.

We can help you prepare and protect your business or organization from global threats. We can give you a deep understanding of how threat actors think, scheme out and strike.

We assure to enhance your knowledge on how to prevent, detect, respond to, and recover from incidents so that you can focus on business priorities.

We can help you enhance a quick response by improving your business resilience, by preparing you to respond proactively to anticipated threats.

Why not take advantage of the latest cybersecurity solutions and functionalities with Mc&Me?
We assure you world-class education at affordable rates without compromising on the quality of the contents. So why wait??? Learn to be a Cyber warrior with us!!!
References
(1) https://en.wikipedia.org/wiki/Cybercrime
(2) “Cyber security breaches survey 2023”. GOV.UK. Retrieved 30 November 2023.
(3) https://academic.oup.com/cybersecurity/article/9/1/tyad019/7281495?searchresult=1
(4) https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8853293/
Author: Olivia Ann Bouvard,
Masters in Science.
Head – External Communications,
Mc & Me Techserve.
Email ob@mcme-world.com