Cybersecurity is more important now than ever before. Cyberattacks continue to trend upward, and organizations need to act swiftly to combat these unethical threats. Even if your industry is not currently housing the latest cutting-edge technology, there is always a susceptibility for cyber threats. This reality puts much strain on businesses that are already struggling to adopt new technology. If you are a business owner in any of the industries that we are about to cover, you may want to consider more enhanced cybersecurity solutions for heightening your defenses.
1- E-Commerce
Online shopping has been dominant for much of the 2000s, but even more so when the COVID-19 pandemic occurred. This is exceptional for many businesses, as digital storefronts can often outperform brick and mortar stores. Because of their growing popularity, the need for enhanced cybersecurity solutions has never been greater. When online shopping rose, so did cybercrime. These crimes amounted to about $1 trillion in damages. E-commerce businesses should utilize online checkout security, MFA authentication, and secure data storage, to preserve their client’s sensitive information.
2- The Financial Sector
It should come as no surprise that a vast majority of financial institutions carry much valuable information that hackers can use. Since financial institutions are in the business of gathering and storing client information related to money, hackers take advantage of this. During the Equifax breach, more than 150 million Americans’ data was exposed. This mostly came from the organization’s negligence, precautionary measures can always be taken to mitigate future attacks.
Several organizations have already taken the necessary steps to make this happen. Take, for instance, mobile banking apps. Many banks have relied on biometric authentication to improve their security measures. With this security process, physical and behavioral traits are stored and compared to authentic data in a database. It ensures that someone is who they say they are.
3- Manufacturing
While the manufacturing industry is not a typical target for cyber-related crimes, the supply crisis dramatically changed that. Cybercriminals are acutely aware that manufacturers are working against the clock, making it easier for them to use attacks like ransomware to gain the upper hand. In response to this, the industry has begun to use automation, IoT, and other interconnected technologies, in hopes of staying ahead of the ongoing supply chain crisis. Additionally, manufacturing facilities must utilize strong firewalls and login protections to ward off intruders. Employees using computers for accessing work information also need to ensure that their devices are properly secured and backed up.
4- Healthcare
Providers, hospitals, and other healthcare entities have all become vulnerable to attacks from hackers. Healthcare arguably contains some of the most sensitive pieces of data. Hackers want access to this information to manipulate patients. The increase in telemedicine formats, especially during the worst days of COVID, contributed to many of these weaknesses. Moving forward, healthcare facilities need to ensure that vital patient information remains private and segmented. The content should never be stored on open or public networks, and should instead be stored in encrypted and secure portals.
5- Government
State and federal government agencies, like healthcare, are susceptible to attacks because of the type of information they store. Government agencies store social security numbers, finance details, biometrics, and addresses, to name a few. Not only are all of these data points vulnerable, but they can serve as attack vectors too. The more information bad actors possess, the easier it is for them to gain entry into systems and upend everything.
Going all in on Enhanced Cybersecurity Solutions: RHYNO Networks
If you want to protect your business systems, you cannot treat cybersecurity as an afterthought. For businesses in need of comprehensive IT support and guidance, RHYNO Networks has you covered. To discuss what measures your business should take to protect its bottom line, contact us today!
