Top 4 Cybersecurity Practices for Enterprises to Adopt

Enterprise Security Magazine Europe | Friday, August 21, 2020

Security and privacy is the deepest concern with the rising number of hacking attacks and cybercrimes taking place globally.

FREMONT, CA: Breaches and vulnerabilities have become a part of day-to-day lives. Everything starting from web browsing to mobile devices and the Internet of Things (IoT) products installed in homes, has the potential to erode one's privacy and personal security. Referring to the onslaught of cybercrime in recent years, the birth of smarter criminals, and ever-evolving regulations, it is no brainer that the enterprises keep upgrading their IT priorities. More than 44 percent of businesses plan to increase tech spending in 2020. Moreover in a prediction by Gartner, the global spending on cybersecurity would reach $170.4 billion by 2022. Despite being comfortable with the cybersecurity, now is the time to reconsider the protection standards.

Here are some of the cybersecurity best practices to be considered.

1.Multi-factor Authentication- It is one of the top five best practices for cybersecurity. Multi-factor authentication is an extra layer of security for users. For instance, if a person wants to log in to an account that has an MFA setup, logging in with username and password is not possible, the account server will ask for a second form of authentication before allowing logging in.

2. Patch Management in Cybersecurity- Patch management is nothing but a structural process for managing software and upgrading system patches with new pieces of code. These patches generally fix threats and vulnerabilities which may other open up the systems to the hackers. To sum up, patching should be utilized regularly to prevent vulnerabilities from being exploited.

3. Keeping Remote Employees Aware of Cyber Security Policy- The world is inclining towards adopting remote-work trend on a massive scale; employees should understand their aftermath of choosing convenience over security. Neglecting security is not the best tradeoff.

4. The relevance of identity and access management (IAM) - IAM plays a substantial role in driving an enterprise security plan for action. It ensures to grant access to the right people to a company's critical assets at the right time. IAM has three fundamental functions, identification, authentication, and authorization. With proper IAM infrastructure, enterprises can establish a secure environment and reduce security costs.

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