FIVE STEPS TO REDUCE THE RISK OF CYBERCRIME TO YOUR BUSINESS

“ The world is changing, and so too is the threat landscape. SMB to Large Enterprise are being targeted in unprecedented numbers. ” Target Breach 56% 200k 5M Increase of Attacks in 2014 Chick-fil-A Credit Cards SECURITY AND THE COST OF INTRUSION

TYPES OF CYBER ATTACKS

DO BUSINESSES REALLY FAIL AFTER A CYBER ATTACK? 60% of all targeted cyber attacks were directed at Enterprise 80% of Cyber Attacks resulted in PCI Compliance Fines 60% of Enterprise organizations see a 40% short term loss in revenue

WHAT CAN BE DONE TO MITIGATE THE RISK OF CYBERCRIME TO MY BUSINESS?

STEPS TO HELP YOU SECURE YOUR BUSINESS 1) Firewall Theory 2) Use stronger authentication 3) Diversify your network 4) Compliance audit 5) Educate your users

TASK #1 FIREWALL THEORY ! Firewall all ingress and egress points. Limit incoming and outgoing traffic. Limit BYOD devices. Take a defensive strategy. Audit users monthly.

SAMPLE FIREWALL CONFIGURATION

KNOWING YOUR SYSTEMS IS CRITICAL FOR MAINTAINING A REASONABLE DEGREE OF IT SECURITY If you don’t have a CSO, get one and have them report to the CEO.

TASK #2: USE STRONGER AUTHENTICATION Validating identities remains the key factor in security. Single Factor vs Multi Factor. Use random key generators. Establish multi-factor authentication for VPN and personal devices Change Password in 8 week intervals

TASK #3: DIVERSIFY YOUR NETWORK Making your account credentials dynamic. Lock up your WIFI Access points. Limit access to certain data. Allow access to specific parts of your network. Disable USB access and enable Cloud storage.

TASK #4: COMPLIANCE AUDIT Are you PCI Compliant and do you handle financial transaction's? Check for how many users are on your network. Semi Annual on-site assessment and quarterly off site scans. Check records against PCI compliance standards. Enable stricter access protocols for access..

TASK #5: EDUCATE YOUR USERS Educate your employees on Cyber Crime. Make sure your employees close the bank vault. Don’t allow installation of programs on office computers. Safeguards are meant to support.

PCI COMPLIANCE FINES

BREACH CONSEQUENCES Cardholder Breaches can result in the following losses for a merchant. $50-$90 fine per cardholder data compromised Suspension of credit card acceptance by a merchant’s credit card account provider Possible civil litigation from breached customers Loss of customer trust which effects future sales

CONTACT INFORMATION Sherman Crancer