Cyber Security Returns on Investment (Questions/Answers)
When most organizations are presented with the words “Cyber Security,” they often start imagining how much it’s going to cost them to install and maintain strong security measures. At the same time, there’s that gnawing feeling of stress about what would happen if any data were lost to hackers. In light of that though, the investment in security for your network is well worth the cost.
[youtube https://www.youtube.com/watch?v=maQh35MdFKY]That brings us to the question, “What is the cybersecurity return on investment?”
The answer to that question is complicated. There are a number of variables to consider. For those who have endured a security breach and lost thousands of records, the answer is easy: Cyber Security protocols are always worth it.
You lose time and money if a breach occurs. Plus, your Brand can be damaged. And then, of course, there may be future lawsuits. What if a judge decides that your company was NOT doing everything possible to protect the personal information of its customers?
The average cost of a breach today is hovering around one million dollars and that makes it expensive for any business to deal with. Cybercriminals are relentless! They never take a vacation. Instead, they find new ways to get past all your best security efforts and steal your data. It’s worth a lot of money on the Dark Web and that’s how hackers earn a living. They steal data and sell it to the highest bidder.
Microsoft has a long history of dealing with Internet security problems. They’re probably one of the most experienced companies on the earth today. They build complex security systems from the ground up because they have quite a bit of data that needs protecting.
Many of their cybersecurity solutions are becoming the industry standard. That’s why they’re a good source of security products that can safeguard data on many levels. Below are some of their top cybersecurity products.
Leaked Credential Protection and Azure Active Directory
Most stolen credentials are obtained by hackers who breach vulnerable websites where passwords and usernames are stored in plain text. Typically, these websites have weak encryption. They’re an easy target for hackers.
Phishing attacks are designed to trick users into giving up their log-in information. All types of malware have been created that use deception to acquire names and passwords. Sometimes it’s not that hard to get this information because people don’t create strong passwords and/or they use similar passwords and usernames across different sites. This means that if one site is infiltrated, another site with similar credentials is also at risk.
Microsoft has built a standard set of processes and security layers with automated services such as Leaked Credential Protection and Azure Active Directory to ensure that users are always protected. They make it as difficult as possible for hackers to get past their security guards.
Office 365 ATP, Credential Guard, and Windows Hello
Office 365 Advanced Threat Protection, Credential Guard, and Windows Hello are specifically designed to protect against hackers getting to your data through phishing emails.
Windows Defender ATP, only available with the Microsoft 365 Enterprise E5 plan, provides security services that assist users in detecting advanced threats. The program then investigates and responds appropriately on their servers. For more info about Windows Defender ATP, you can visit the Microsoft Windows Security Threat Protection site.
Windows Defender Credential Guard uses virtualization-based security to separate the more critical data from normal data so that only authorized system software can access the information. Any attempts to bypass this Credential Guard will result in failure. Though hackers are always searching for workarounds, Microsoft is constantly adding patches and new layers of security.
Windows Hello, on the other hand, includes advanced technology that allows you to sign in to your Windows 10 device without using any password. You can sign in by using your face, fingerprint, or iris. How amazing! This means that if your device is stolen, no one will be able to gain access to the data stored on your device.
Windows Defender ATP and Windows Defender Anti-Virus
These are designed specifically to counter malware attacks by detecting, blocking, and responding to attacks. Malware attacks cost companies millions of dollars each year. With each new attack, the technology evolves. Individuals, but more importantly, organizations, should be ready to fight cyber-crime with the same kind of resilience and resolve shown by hackers.
With Windows Advanced Threat Protection and the Anti-Virus program, you are equipped to give the bad guys a good fight.
Some of the best hackers get their notoriety not because they were good, but because they were underestimated. Remember that hackers work 24/7/365. That puts them way ahead of most of us. It’s not possible to spend that amount of time protecting your data. That’s why good solid antivirus and security programs are so important. In the end, they are the best and most affordable option.
Simply put, when you are deciding about your cyber-security return on investment, the most important issue is keeping your data safe from hackers. This will save you money, stress, and time. You’ll avoid expensive data loss events that could cripple your organization and damage your reputation. With Microsoft security products, you can enjoy peace of mind knowing that you’re doing everything possible to stay a step ahead of hackers.