Just 2% of the vulnerabilities are addressed by the tech companies
By MYBRANDBOOK
The Internet has become one of the integral parts of our daily life. They are impacting most aspects of our day-to-day life. India sees a sharp rise in cyberattacks as the internet base continues to widen. Cyberspace connects us virtually with crores of online users across the globe.
Human error is one of the biggest security threats that organisations face. A survey reveals that out of total cybercrime noticed and unnoticed in the country, 80% vulnerabilities are happening with the employees working inside the organisation and 10% of vulnerabilities are due to Unnoticed by the employees.
A total of 90% vulnerabilities are due to employees who expose information directly (for example, by misconfiguring databases) or by making a mistake that enables cyber criminals to access the organisation’s systems. More specifically, human error falls into two categories. The first, skill-based error, occurs when an employee makes a mistake when completing a task they are familiar with.
Human error can occur in several ways when completing this task. From the balance 10% vulnerabilities, 8% vulnerabilities are due to the hardware and software failure, whereas rest 2% cybersecurity are credited to the hackers and cyber-criminals, where the role of software/hardware companies are coming into the play for securing the enterprises, since cyberattacks are becoming increasingly sophisticated. It found that breaches resulting from human error have become comparatively common in the past 2 years, with phishing scams posing a particular risk.
Insider threats are particularly pernicious because of the knowledge, access and information malicious insiders may possess, and because even individuals who are cybersecurity-aware can make inadvertent or careless errors.
Today, every organization is vulnerable. Businesses, especially tech companies, are becoming increasingly aware of cybercrime threats and are boosting spending to protect themselves from the many types of cyberattacks that could potentially be crippling if they were to go undetected and uncontained. The best course of action would be to hire an in-house security expert or team of experts to install and maintain plans and protocols focused on protecting your business from cybercriminals.
The study confirms that information security leaders are most concerned about inadvertent and negligent insider breaches, even more so than malicious breaches.
Singapore to remove One-Time Passwords from Bank Accounts
According to the Monetary Authority of Singapore, clients who utilise secur...
Is 375 million Airtel subscribers database breached?
When a hacker claims to have accessed and put up for sale a customer databa...
The government of India intends to construct a single portal f
A single portal will be launched by the Indian government to list all of it...
OpenAI offers GPT-4o, a faster model available to all users at
GPT-4o, a faster and more sophisticated AI model, is made available to all...
Icons Of India : Girish Mathrubootham
Girish Mathrubootham is the Founder of Freshworks (previously known ...
Icons Of India : Arjun Malhotra
Arjun Malhotra, the Chairman of Magic Software Inc., is widely recogni...
Icons Of India : MUKESH D. AMBANI
Mukesh Dhirubhai Ambani is an Indian businessman and the chairman and ...
LIC - Life Insurance Corporation of India
LIC is the largest state-owned life insurance company in India...
ITI - ITI Limited
ITI Limited is a leading provider of telecommunications equipment, sol...
GSTN - Goods and Services Tax Network
GSTN provides shared IT infrastructure and service to both central and...
Indian Tech Talent Excelling The Tech World - ARVIND KRISHNA, CEO – IBM
Arvind Krishna, an Indian-American business executive, serves as the C...
Indian Tech Talent Excelling The Tech World - AJAY BANGA, President - World Bank
Ajay Banga is an Indian-born American business executive who currently...
Indian Tech Talent Excelling The Tech World - RAVI KUMAR S, CEO- Cognizant
Ravi Kumar S, appointed as CEO of Cognizant in January 2023, sets the ...