Pureplay / Security/ Anti-Fraud

Top Five Threats to Digital Security

Digital security camera

Digital security is of utmost importance for any company that stores data connected to the internet. As time goes on, that means more and more businesses are at risk. Here are the top 5 concerns to be aware of.

Today, businesses are proliferating online. Even companies that don’t transact online will have a website or are at least ‘online’ in one way or other.

At the same time, software and technology continues to evolve, creating added layers of complexity as multiple IT structures are constantly being integrated.

This essentially means that there are now potential gaps in digital security than there ever has been before, with the ability of a hacker or virus to gain access to your company’s connected data being limited only by their own skill as it is matched against your digital defences.

Quest Software is a provider of identity and access management solutions (IAM), which greatly boost digital security. Quest has also gone ahead and identified the top five security concerns that you should be aware of:

  1. Internal Excessive Privilege – System Administrators with complete access to servers and data can pose a tremendous internal threat if they turn against the company. Similarly, everyone from admins up to executives poses a threat to security and data if they maintain excessive access rights after changing positions or taking on different roles.
  2. Third Party Access – Giving partners and other third parties appropriate access to data is no longer cut and dried. Data stored in the cloud may be located across the country or overseas—or sit on physical servers owned by one vendor, but housed in facilities owned by any number of data centers. Employees of these third parties often have direct access to unencrypted data, or they may retain copies of both encrypted or unencrypted data.
  3. Hactivism – Politically motivated hacking is on the rise, by operations such as Anonymous Operation and Lulz-Sec. Members of these groups assert that much of their success comes not from their technical expertise, but from having found easy targets. While an organization may not have control over whether or not it is attacked, effective identity and access management strategies and technologies, and basic employee security training, will reduce the chances that attacks will succeed.
  4. Social Engineering – Social engineering is the age-old technique of using lies, deception and manipulation to gain sufficient knowledge to dupe an unwary employee or company. Using public social channels to detail every aspect of your upcoming “unplugged” vacation trip may be just what a scammer needs to put an attack in motion.
  5. Internal Negligence – Negligence typically is an offense committed by management when “they should have known better.” Most successful data security breaches have some element of managerial negligence associated with them, such as simply forgetting to check log reports for clearly suspicious patterns.

Digital security is becoming more and more important to just about any business. If you have concerns about your security regarding any of these issues, or you would simply like to find out more, consult the Power Retail Special Report #4 Payments and Security. On the other hand, if you are yet to partner with a security provider, see our list of Solution Providers and make contact today.

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