Cybercrime is a real concern for business leaders because it can result in significant financial penalties, irreparable damage to brand trust, and a complete shutdown of an organization. Data analysis software companies like SpyCloud can determine if certain cyber attacks will likely impact specific business sectors and take preventive action.
Detect and Prevent Cybercrime
Cybercrime is a vast range of crimes committed through digital devices and networks. This includes hacking and phishing, identity theft, ransomware attacks, and malware. Often, these attacks can be extremely expensive for businesses, and they can damage brand image.
The best way to avoid cyberattacks is to ensure the right technologies are in place. This means deploying fundamental technologies such as firewalls, antivirus software, and intrusion detection systems. It also means implementing advanced cybersecurity protection, such as security information and event management (SIEM), to detect anomalous patterns that suggest a possible attack.
SIEM technology can identify the actions of unauthorized users by looking for abnormal patterns, such as logins during off-hours or execution of tools like psexec, that could indicate lateral movements by criminals. This allows security professionals to identify suspicious activity and respond quickly before it has a chance to cause significant damage.
In addition to preventing cyberattacks, business leaders need to educate their employees about the risks of cybercrime. They should also train them on recognizing the signs of a data breach and what to do if they think they have been victimized. Additionally, they should establish a culture of risk awareness in their company and reward staff who report suspicious activities. This will help to deter criminals and minimize the chances of a successful attack.
Reduce False Positives
When you think of cybercrime, you probably picture hooded hackers in dark suits hacking into corporate systems. However, the reality is much more complicated and nuanced. For example, it’s difficult to distinguish between malicious activity and normal network operations (like account creation or screen sharing) performed by employees with legitimate intent. This can result in many false positives that overburden security teams.
A good crime analytics platform will make this easier to avoid by providing a clear overview of all the activity taking place on your system and identifying only those anomalies that require further investigation. This can help you prevent costly attacks that damage your business reputation and cause financial loss.
The best crime analytics platforms also help you reduce the number of false positives by analyzing raw data and making it actionable. They provide detailed alerts that outline the nature and severity of a threat, along with tips to mitigate future digital threats. This can save you time and money by eliminating the need to review every alert manually.