With businesses and organisations migrating their operations online, it’s no surprise that cyber security has become the next big issue. After all, the technology that helps these companies adapt to the internet helps those that use it maliciously as well.
Cyber analysis has fortunately improved over the past few years, allowing websites to secure their data as well as their customers from what most people call hackers.
These hackers can choose anyone as their victim. Government institutions, universities, and companies are all possible victims of these hackers. As long as they can find an opening, you can be sure that a cyber attack is soon to come.
What Are the Risks?
Cyber threats can come in many forms these days thanks to the efforts of these hackers. For the most part, data theft is the most popular option since this can help them target the clients and individuals working in the company.
Other forms of attacks include Disruption of Service (DoS) attacks, insertion of viruses or malware, phishing emails and websites, and much more. You can imagine how bad the effects could be.
You can see why cyber threats are a real issue these days. This is why cyber analysis has become an integral part of any serious institutions’ operations as this can help prevent any data leaks or threats.
The Basics of Cyber Threat Analysis
Cyber threat analysis involves multiple components working together to be effective. Weaknesses in one area may open the website to attacks from that front. This is why cyber analyses begin with the scope, or the identification of all the risky data in your possession.
From here, you can categorise them in order of priority. This will help the team identify which pieces of data are more high-risk than the others.
For many companies, what follows is the usual suspect of data leaks. Data collection, when done poorly, often results in a messy or careless approach to this task, leading to cyber security issues and threats that can threaten the company as a whole.
In this stage, the idea is to identify any previous attempts or attacks. Examples of this are the emails sent as phishing scams, hostile commands, and URLs to high-risk or malicious links.
It is important to pay attention to details here. Picking apart harmless instances from actual cyber threats can often be confusing to amateurs or those not used to dealing with cyber security.
From here, you can determine the general area where your company is at most risk. By doing so, you are able to determine whether the present security measures implemented on the website or network are enough to protect you and your company from any cyber attacks.
With the information gathered by the cyber specialist, it is now possible to categorise the areas of possible attack based on the risk-factor of the data involved. This will help the team organise the appropriate security measures for each category of data.
As you can see, a lot of work goes into cyber threat analysis. Indeed, cyber threat analysis is a continuous process that should be carried out frequently so that you are always protected against any cybercriminals and other malicious entities. Keep in mind that technology is rapidly changing, which means new threats are always popping up. Failing to keep the threats in check puts your organisation at a significant disadvantage and leaves you open to cyberattacks.
If you need further help with brand protection, don’t hesitate to reach out to FraudWatch. Contact us today to learn more about our services!