Technology is constantly evolving and companies must adapt to stay competitive. Unfortunately, with each change comes the risk of introducing vulnerabilities and new attack surfaces. Cybercriminals are always on the lookout for these vulnerabilities, and they're not wasting any time exploiting them with increased use of vulnerabilities becoming a trend in 2022. That's why speed matters when it comes to protecting companies from cybercriminals.
Here are some facts that highlight the importance of speed in cybersecurity:
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According to a study by the Ponemon Institute, the average time to detect a data breach is 197 days. That's a long time for cybercriminals to be inside your network, stealing sensitive information.
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The same study found that the average time to contain a data breach is 69 days. That's an even longer time for cybercriminals to be inside your network, causing damage.
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According to a study by Mandiant, the average dwell time for a cyber criminal engaging in ransomware was 21 days in 2022. Dwell time has decreased in the past three years as criminals become more skilled at quickly deploying ransomware.
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SecurityIntelligence.com predicts that cybercrime will cost businesses $8 trillion annually in 2023.
These facts highlight the importance of speed in cyber security. Criminals use different techniques based on their intended outcome which could be data theft, ransomware, or a combination of goals. The longer it takes to detect and contain either ransomware or a data breach, the more damage cyber criminals can do to your business. That's why companies need to have fast and efficient layered approaches to cyber security.
Here are some ways to speed up your cyber security:
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Use tools like Endpoint Detection and Response (EDR) and Secure Managed Services to quickly identify and respond to cyber threats.
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Conduct regular risk assessments and penetration testing to identify vulnerabilities in your network.
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Stay up-to-date with the latest patches and perform constant vulnerability management to protect against new threats.
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Implement incident response and disaster recovery plans to quickly contain any damage caused by a cyber attack.
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Train your employees on cybersecurity best practices, so they can help protect your business.
Speed matters when it comes to protecting companies from cybercriminals. The faster you can detect and contain a data breach, the less damage cyber criminals can do to your business. Ballast Services will provide you with the best and fastest cybersecurity solutions for your business.
Modernize, Optimize, Stabilize, and Secure your organization today. Contact us at 813-568-9011, visit our website at https://ballastservices.com, or click on Get In Touch to speak with us today.
