Cyber Security TestingXperts https://www.testingxperts.com Fri, 11 Jul 2025 10:51:42 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://www.testingxperts.com/wp-content/uploads/2024/08/cropped-favicon-32x32.png Cyber Security TestingXperts https://www.testingxperts.com 32 32 Top Cyber Security Metrics Business Should Track in 2025 https://www.testingxperts.com/blog/top-cyber-security-metrics/ Thu, 06 Jun 2024 13:18:00 +0000 http://18.219.80.225/blog-top-cyber-security-metrics/ This blog outlines essential cyber security metrics businesses should monitor in 2024 to enhance their security strategies. It discusses the importance of these metrics in threat detection, resource allocation, and maintaining regulatory compliance. Additionally, the piece highlights the benefits of partnering with Tx for specialized cyber security testing, aligning with industry standards, and minimizing vulnerabilities.

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Table of Contents

  1. An Overview of Cyber Security Metrics
  2. Importance of Cyber Security Metrics
  3. Top 10 Security Metrics Businesses Should Keep an Eye On
  4. Why Partner with Tx for Cyber Security Testing?
  5. Summary

In today’s digital business environment, when it comes to preventing security breaches, identifying cyber-attacks, and protecting data, there must be a checklist to keep track of cybersecurity efforts. And what would be the best way to do so? The answer is Key Performance Indicators (KPIs). They offer an effective way to measure the success rate of security strategies and aid in decision-making. But why should businesses focus on security metrics? They convert complex security data into actionable insights.

Without security metrics, businesses will be practically blind to emerging threats and vulnerabilities. According to the Cybersecurity Ventures report, cybercrime will cost around $10.5 trillion annually by 2025, highlighting the urgent need for continuous monitoring and adaptation. Edwards Deming states, “Without data, you’re just another person with an opinion.” This is why KPIs, and security metrics are crucial in justifying the value of cybersecurity efforts.

An Overview of Cyber Security Metrics

Cyber security metrics are critical for evaluating the effectiveness of cyber defenses. The KPIs and metrics provide insights into threat patterns, system vulnerabilities, incident responses, and tracking mechanisms, in which AI-driven analytics is also crucial. Organizations can draft better security strategies and allocate resources more efficiently by monitoring security metrics. These metrics keep stakeholders informed about the proficiency of their cyber security protocols, assuring better ROI and the robustness of security measures.

As digital dependency increases, these metrics are necessary for strategic decision-making to standardize business resilience against evolving cyber threats. Cyber security metrics reflect the organization’s adaptability and readiness in the digital threat environment, highlighting the necessity of tracking and improving cyber security strategies.

Importance of Cyber Security Metrics

Cyber Security Metrics KPIS

Things that are not measurable can’t be managed. As cyber threats constantly evolve due to new tech innovations, they become harder to detect. This is why businesses need to have proper measures in place to analyze the effectiveness of their cyber security programs. The metrics allow companies to access vulnerabilities, track performance improvement, and justify security investments. Let’s take a look at some of the factors highlighting the importance of cyber security metrics:

Threat Detection:

Businesses can detect possible security threats before escalating into serious breaches. They can identify and mitigate risks by monitoring trends and data patterns.

Resource Allocation:

Effectively using these metrics would allow organizations to allocate security resources more efficiently. It will ensure critical business areas receive the necessary support, thus optimizing security spending.

Regulatory Compliance:

Adhering to regulatory standards is a crucial practice. Security metrics provide businesses with a clear compliance framework, showing security auditors that the business takes regulatory compliance seriously.

Continuous Improvement:

Businesses can improve security measures by regularly reviewing and analyzing these metrics. This ongoing process enables companies to be ready against emerging threats and adapt to the dynamic cyber landscape.

Stakeholder Confidence:

Maintaining cyber security metrics reports can boost the confidence of stakeholders, including customers, business partners, and investors. Showing commitment to security practices will reassure stakeholders regarding sensitive data protection.

Top 10 Security Metrics Businesses Should Keep an Eye On

top Cyber Security Metrics

Knowing which metrics to monitor is crucial for analyzing cybersecurity effectiveness and maintaining security against potential attacks. These metrics are like the eyes and ears of the security team, providing necessary data to prevent breaches and improve system integrity. Below are the top 10 cyber security metrics and KPIs businesses should track and present to the stakeholders, demonstrating their vendor risk management efforts:

Readiness Level:

The readiness or preparedness metric assesses the risk management program’s security posture and overall value. It allows businesses to evaluate the readiness of their cyber security protocols to handle and mitigate threats. The effectiveness of cyber security measures can be measured following the below set of metrics:

Amount of security incidents identified and prevented within a given period (week, month, quarter, or year).

Percentage of security incidents prevented by security measures, such as threat intelligence, endpoint protection, and breach detection systems.

Number of false positives and negatives generated by monitoring tools, and the reduction in these numbers due to continuous improvement in the monitoring process.

Level of security awareness among employees due to cybersecurity awareness programs.

Backup frequency, completeness level, and accuracy analysis

Simulated phishing attack frequency to evaluate phishing attack susceptibility.

Number of devices on the corporate network running outdated OS or software.

MITRE ATT&CK Coverage:

By following MITRE ATT&CK, businesses can assess their threat detection capabilities and identify areas for improvement. This metric covers several attack techniques that allow businesses to prioritize security measures according to real-world scenarios. They can strengthen threat detection capabilities against evolving cyber-attacks. When assessing MITRE ATT&CK coverage, organizations must consider the following questions:

Did they map existing detection processes according to MITRE ATT&CK techniques?

Are they utilizing the MITRE ATT&CK framework to structure their detection protocols?

Total Count of Unidentified Devices on Internal Network: 

Companies can gain valuable insights regarding the risk level of critical assets by identifying vulnerabilities in the internal and external accessible systems. By doing so, they can prioritize gap fixing. Businesses can use manual scans, automated assessments, and other security evaluation tools.

This is also one of the key cyber security metrics because the generated results help update security policies, prioritize patch management, and fulfill compliance requirements. In this metric, businesses should take care of the following points:

Regular updates for device inventory

Event and logs of respective network devices

Tools and protocols for network segmentation

Device authentication measures

Breach Attempts:

Monitoring and categorizing breach attempts is necessary to understand the frequency and impact of cyber breaches that a business faces. One must keep track of all breach attempts to evaluate the effectiveness of cyber security protocols. While doing so, businesses should focus on the following points:

Document the number of breach attempts made by cybercriminals. This will provide insights into attackers’ focus targets.

Access how frequently the unauthorized attempts have been made. Is there a pattern between them, or are they sporadic? This will help identify and make proper arrangements for future attacks.

Identify the sources of the breaching attempts and use that data to reinforce cyber security measures against the attack vectors targeting IT infrastructure.

Mean Time to Detect (MTTD):

This metric calculates the average duration the cyber security team takes to detect a security incident. It allows businesses to assess the responsiveness of security operations. MTTD allows security teams to measure the efficiency and swiftness of the cyber security and threat identification systems. Shorter MTTD means quick detection and faster response to mitigate risks. Businesses can also identify areas requiring improvement in threat detection methodologies. This enhances the security monitoring tool’s capabilities and alert system’s effectiveness.

Mean Time to Resolve (MTTR): This metric helps in answering the following queries:

The mean response time after identifying a cyber attack.

Average MTTR for security teams.

Coordination and management of security incident response, and the resources involved during the process.

Continuous evaluation and improvement of the incident response process and the metrics used for tracking.

The average time taken to identify the root cause of security incidents and the measures utilized to ensure a thorough investigation.

System and data restoration process following a security incident and the roadmap to validate the process effectiveness.

Patch Management Efficiency:

This metric allows companies to measure how quickly they address identified vulnerabilities by measuring the efficiency of their patch management systems. A high patching rate demonstrates a proactive approach to resolving vulnerabilities, reducing attack areas, and minimizing exposure to security incidents. This metric can be easily calculated by dividing the number of patched vulnerabilities by the number of identified vulnerabilities in a given timeframe (usually every month). Measuring the ‘day to patch’ metric would help in answering the following questions:

How long does the relevant team take to implement security patches?

How is to implement security patches? metric defined and measured within the organization?

Access Management:

This cyber security metric relates to a business’s controls, processes, and practices to manage user access controls to networks and systems. With this metric, businesses get to know:

Number of users having admin access.

The way they manage user access within the networks and systems.

User authentication success rate is the part of access management that evaluates the effectiveness of authentication mechanisms, such as MFA, passwords, biometrics, etc. A high authentication rate demonstrates robust access control, which reduces the chances of unauthorized access.

Non-Human Traffic:

This metric prevents businesses from tracking bot traffic and helps them understand their operations and efforts’ success rate. NHT consists of a portion of network or web traffic originating from automated sources instead of real users. This metric allows businesses to quantify the following questions:

Have they been experiencing normal traffic on the website, or is there a potential bot attack?

What is the web traffic percentage that’s categorized as non-human?

Phishing Attack Rate:

Phishing attacks remain the common and frequent vector in the current digital business environment. Monitoring phishing attack rates will allow businesses to evaluate the effectiveness of their training and preventive measures. This metric allows businesses to measure the following:

Percentage of phishing emails opened by end-users.

Variations in phishing attacks that were successful.

Percentage of users who clicked on Phishing links.

Percentage of users who submitted information on the Phishing Simulation Page.

The percentage of users mandated to take phishing awareness training and the percentage of users who successfully completed it.

A high click rate on phishing emails will represent the need for proper user training and awareness programs. Businesses must conduct regular training and simulated phishing activities to inform employees, reduce click rates, and strengthen cyber security defenses.

Why Partner with Tx for Cyber Security Testing?

Choosing the right cyber security testing partner is necessary for protecting digital assets. Tx specializes in evaluating a wide range of applications for security threats by analyzing the necessary metrics and the results they provide. Our security auditing and testing approach aligns well with industry standards such as NIST, OWASP, PCI-DSS, HIPAA, WAHH, SOX, etc. Partnering with Tx will give you the following benefits:

Our team of Highly Certified Security Professionals brings years of expertise to our security testing efforts.

Our security testing follows international standards to ensure every cybersecurity metric is by respective guidelines and protocols.

We provide vendor-independent security testing services and possess deep expertise in key cyber security methodologies.

Our auditing and testing approach ensures zero false positives and provides snapshots of exploitation to validate the severity of vulnerabilities.

We perform vulnerability and pen testing to safeguard your apps, infrastructure, and systems from cyber threats.

Our cyber security center of excellence team conducts in-depth pen testing to identify and rectify security gaps before they can be exploited by malicious actors.

Summary

In the dynamic landscape of digital security, the role of cyber security metrics must be addressed. These metrics provide businesses with crucial insights to manage threats, optimize resource allocation, and adhere to regulatory standards. By continuously monitoring and analyzing these KPIs, organizations can effectively detect and mitigate risks and enhance their overall security posture. Partnering with Tx ensures that your cybersecurity measures are comprehensive, up-to-date, and aligned with the best industry practices. With our expertise, your business is better equipped to face the challenges of tomorrow’s cyber threats.

The post Top Cyber Security Metrics Business Should Track in 2025 first appeared on TestingXperts.

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Importance of Choosing the Right Cybersecurity Automation Tool https://www.testingxperts.com/blog/cybersecurity-automation-tool Tue, 12 Dec 2023 15:10:01 +0000 http://18.219.80.225/blog-cybersecurity-automation-tool/ The right cybersecurity automation tools enable organizations to identify vulnerabilities swiftly, automate threat detection, and respond to incidents with greater speed and accuracy, which is critical in mitigating the impact of attacks. Moreover, implementing automation in cybersecurity signifies a strategic shift towards more proactive and predictive security postures. This shift is crucial for organizations to manage the ever-growing volume of data and the complexity of modern network environments.

The post Importance of Choosing the Right Cybersecurity Automation Tool first appeared on TestingXperts.

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Table of Contents

  1. The Need for Cybersecurity Automation
  2. Traditional IT Security Vs. Automated Cybersecurity
  3. Signs that your organization needs Cybersecurity Automation
  4. Types of Cybersecurity Automation Tools
  5. List of Cybersecurity Automation Tools and its Use Cases
  6. Conclusion

The rapid transformation of the digital environment has brought about unparalleled challenges for organizations, emphasizing the crucial importance of staying ahead of cyber threats. With the adoption of hybrid work models, increased reliance on cloud services, and the widespread use of edge devices, the potential attack surface for cybercriminals has expanded significantly. Consequently, cybersecurity professionals are recognizing the essential need to embrace a more preemptive and proactive strategy to secure their fundamental business operations.

The Need for Cybersecurity Automation

 

Cybersecurity Automation

 

Recent research indicates that the average global cost of a data breach in 2023 has reached $4.35 million, showcasing a notable disparity with the United States where the figure stands at a substantial $9.44 million. This stark contrast underscores the significant financial repercussions that organizations face due to cyberattacks.

In response to the escalating threat landscape, leaders across various industries are increasingly adopting artificial intelligence (AI) as a pivotal tool for enhancing security. Notably, a substantial 64% of survey respondents worldwide have already integrated AI into their security capabilities, while an additional 29% are in the process of evaluating its implementation. This underscores the widespread recognition of AI’s effectiveness as a strategic asset in safeguarding against cyber threats.

Traditional IT Security Vs. Automated Cybersecurity

 

Automated Cybersecurity

 

Traditional IT security approaches have historically relied on manual processes and human intervention to identify and mitigate cyber threats. This conventional method often involves setting up firewalls, intrusion detection systems, and antivirus software to protect networks and endpoints. While effective to a certain extent, traditional IT security can be reactive, responding to known threats rather than proactively identifying and preventing emerging risks. Moreover, the sheer volume and sophistication of modern cyber threats make it challenging for human-centric approaches to keep pace, as they may struggle to detect subtle patterns or rapidly evolving attack vectors.

On the other hand, automated cybersecurity represents a paradigm shift in defending against cyber threats. Leveraging advanced technologies such as machine learning and artificial intelligence, automated systems can analyze vast amounts of data in real-time to identify anomalies and potential security breaches. Automated cybersecurity solutions can adapt and learn from new threats, providing a more dynamic defense mechanism.

By automating routine tasks such as threat detection, response, and patch management, organizations can enhance their overall security posture while allowing human cybersecurity professionals to focus on more complex and strategic aspects of cybersecurity management. The move towards automated cybersecurity reflects an acknowledgment of the need for speed, efficiency, and adaptability in the face of an ever-evolving threat landscape.

Signs that your organization needs Cybersecurity Automation

 

 Cybersecurity Automation process

 

Slow Incident Response Times

Swift identification and resolution of security incidents play a crucial role in mitigating the impact of breaches. Nevertheless, a study conducted by NIST revealed a concerning trend: the mean time to detect (MTTD) and mean time to remediate (MTTR) incidents has been on the rise across various organizations. If the time it takes for your incident response is increasing, it serves as a clear indicator that enhancements are needed in your security infrastructure.

Increased Frequency of Data Breaches

As per the 2023 Data Breach Investigations Report by Verizon, there has been a notable surge in global data breaches. The report underscores that these breaches are not only more frequent but also more severe, posing an escalating threat to organizations. This underscores the critical importance of adopting robust cybersecurity measures.

Burdened by an abundance of false positives

Security alerts generating false positives can lead to a misallocation of valuable time and resources, resulting in alert fatigue and diminishing the effectiveness of your security team.

According to the Ponemon Institute’s research, organizations encounter an average of over 17,000 false-positive alerts every week, leading analysts to dedicate up to 25% of their time to investigate and resolve these issues. If your security team is grappling with an excess of false positives, it signals an opportunity for automation to enhance overall efficiency.

Alert fatigue and resource constraints

The ever-evolving nature of threats places significant pressure on cybersecurity professionals to continuously adapt and uphold a strong defense stance. Yet, limitations in resources can impede their capacity to effectively address emerging challenges.

Findings from a survey conducted by the Information Systems Security Association (ISSA) indicate that 62% of organizations have reported a deficiency in skilled cybersecurity personnel. If your security team is grappling with overwhelming challenges, experiencing alert fatigue, or is constrained by insufficient time and resources to proactively tackle threats, the implementation of security automation can alleviate these burdens.

Types of Cybersecurity Automation Tools

 

Cybersecurity Automation Tools

For the successful integration of security automation, organizations can utilize a range of tools and technologies specifically crafted to streamline security operations, boost capabilities in threat detection and response, and automate repetitive tasks. The following are examples of commonly used cybersecurity automation tools:

Vulnerability Management Tools

Tools for vulnerability management automate the identification, categorization, and prioritization of vulnerabilities within an organization’s IT infrastructure. They conduct scans on networks, systems, and applications to detect vulnerabilities, evaluate their severity, and suggest remediation actions. The automation of vulnerability management enables organizations to take proactive measures in addressing security weaknesses, thereby minimizing the timeframe in which potential attacks could exploit vulnerabilities.

Benefits:

Efficiently detect and prioritize vulnerabilities in a timely manner.

Expedite the remediation process with automated recommendations.

Enhance overall security posture by taking proactive measures to address vulnerabilities.

Security Orchestration, Automation, and Response (SOAR) Tools

SOAR (Security Orchestration, Automation, and Response) tools enhance the efficiency of security operations by automating and orchestrating tasks associated with threat management, incident response, and overall security operations. These tools seamlessly integrate with diverse security technologies and systems, enabling organizations to establish standardized playbooks and automated workflows for incident response and mitigation.

Benefits:

Speed up incident response through the automation of repetitive tasks.

Foster improved collaboration and coordination among security teams.

Enhance efficiency and consistency in incident management and resolution.

Endpoint Protection Tools

Endpoint protection tools concentrate on safeguarding individual endpoints, such as PCs, laptops, mobile devices, and IoT devices, against a range of threats, including malware, ransomware, and unauthorized access. Incorporating features like antivirus, anti-malware, firewall, and device management capabilities, these tools offer comprehensive protection for endpoints.

Benefits:

Identify and address threats at the endpoint level.

Centrally oversee and administer endpoint security.

Safeguard sensitive data and thwart unauthorized access.

Robotic Process Automation (RPA)

RPA (Robotic Process Automation) technology employs software robots to automate routine, rule-based tasks that lack the need for intricate analysis. While not inherently tailored for cybersecurity, RPA can be harnessed for certain security functions, including vulnerability scanning, the operation of monitoring tools, and basic threat mitigation. RPA can carry out predetermined tasks triggered by specific events or scheduled occurrences.

Benefits:

Automate everyday security tasks and procedures.

Enhance efficiency by minimizing manual effort and human errors.

Boost scalability and accelerate the pace of security operations.

List of Cybersecurity Automation Tools and its Use Cases

 

Cybersecurity Automation use cases

Problem Area  Use Case  Cybersecurity Automation Tool  
Vulnerability Management     Automating the process of identifying, classifying, prioritizing, and remediating vulnerabilities within IT resources.  Vulnerability management tools  
Threat Detection     Improving the identification and detection of potential threats and anomalies throughout the organization’s IT infrastructure.  Security Information and Event Management (SIEM) 
Incident Response    Efficiently optimizing incident response procedures and decreasing the mean time to detect and address security incidents.  Security Orchestration, Automation, and Response (SOAR) 
Compliance Management    Automating tasks related to compliance, including adherence to data privacy regulations, industry standards, and internal policies.  Security Orchestration, Automation, and Response (SOAR) or Vulnerability Management Tools 
Security Operations    Automating routine tasks in security operations, such as analyzing logs, managing incident tickets, and executing security workflows.      Security Orchestration, Automation, and Response (SOAR) 
Data Loss Prevention    Automating the identification, monitoring, and prevention of unauthorized access, data leakage, or theft across the network and endpoints of the organization.  Endpoint Protection Tools or Security Orchestration, Automation, and Response (SOAR) 

 

Conclusion

Considering hackers’ growing use of AI and other generative technologies for malicious purposes, it is essential for security practices to adapt by integrating the latest automation tools and techniques to remain competitive and efficient. The right automation tools in cybersecurity enable organizations to identify vulnerabilities swiftly, automate threat detection, and respond to incidents with greater speed and accuracy, which is critical in mitigating the impact of attacks. Moreover, implementing automation in cybersecurity signifies a strategic shift towards more proactive and predictive security postures. This shift is crucial for organizations to manage the ever-growing volume of data and the complexity of modern network environments.

Tx-Secure – A Security Testing Accelerator to Enhance Cybersecurity

To safeguard your organization against evolving cyber threats, TestingXperts Test Center of Excellence (TCoE), has developed Tx-Secure, a security testing accelerator designed to enhance and streamline the security testing process. Here’s what makes Tx-Secure an essential tool for modern businesses for streamlining cybersecurity automation process:

Tx-Secure integrates specific processes and guidelines, complemented by various tools and checklists, to facilitate seamless security testing.

The accelerator is engineered to expedite the security testing process, ensuring quicker and more significant outcomes.

This framework is adept at testing applications across various platforms, including Blockchain, IoT, and Network Infrastructure security.

Tx-Secure also offers the flexibility to establish secure testing labs tailored to specific customer needs.

All security testing services under Tx-Secure align with global standards like GDPR, HIPAA, PCI-DSS, OSSTMM, OWASP, etc., ensuring top-notch security and compliance.

To know more, Contact our Cybersecurity experts now.

The post Importance of Choosing the Right Cybersecurity Automation Tool first appeared on TestingXperts.

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Preventing Cyber Crime in Retail in the United Kingdom https://www.testingxperts.com/blog/cyber-crime-retail/gb-en Thu, 27 Apr 2023 13:33:19 +0000 http://18.219.80.225/blog-cyber-crime-gb-en/ Cybercrime has become a significant threat to the retail industry. The rise of online shopping has increased the opportunities for cybercriminals to exploit vulnerabilities in retailers' digital infrastructure. The consequences of a successful cyber-attack can be severe, including reputational damage, financial losses, and legal repercussions. Therefore, retailers must take proactive measures to protect their systems and data, including implementing robust cybersecurity protocols, training employees on best practices, and staying up to date with the latest security technologies.

The post Preventing Cyber Crime in Retail in the United Kingdom first appeared on TestingXperts.

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Table of Contents

  1. Why Retail is the Top Target for Security Threats in the UK?
  2. What are the Threats to Retail Cybersecurity in the United Kingdom?
  3. Simple Steps to protect your Retail Business from Cyber Threats
  4. Conclusion
  5. How TestingXperts can help you with Cybersecurity in Retail?

The retail industry is particularly vulnerable to cybercrime due to the vast amounts of personal and financial data that retailers store and process. Cybercriminals can use a variety of tactics such as payment card fraud, point-of-sale malware, phishing, and DDoS attacks to steal sensitive information or disrupt business operations. Retailers must take proactive measures to secure their networks and systems, including implementing strong security protocols, training employees on cybersecurity best practices, regularly updating software, and working closely with payment processors and other vendors to ensure their security standards are up to date. Failure to take cybersecurity seriously can lead to reputational damage, financial loss, and legal consequences for retailers.

Why Retail is the Top Target for Security Threats in the UK?

Retailers are a prime target for ransomware attacks, where hackers infiltrate the retailer’s network and hold their data hostage until a ransom is paid. This is particularly effective against retailers because they need to have access to customer data in order to conduct business, and any loss of this data can be extremely damaging to their reputation and bottom line.

Retailers are also susceptible to attacks through third-party vendors, who may have access to sensitive customer data. As retailers increasingly rely on third-party providers for various aspects of their business, they open themselves up to additional vulnerabilities in their supply chain.

Let’s dig into the details to understand why the retail industry is an easy target:

Why-Retail-is-the-Top-Target-for-Security-Threats

High volume of sensitive data:

Retailers handle a large volume of sensitive data such as customer credit card information, personal identification information, and purchase history. This data is highly valuable to cybercriminals and can be used for identity theft, financial fraud, and other malicious activities.

Multiple attack surfaces:

Retailers have multiple points of entry for cybercriminals to exploit, including online stores, mobile apps, physical stores, and supply chain partners. Each of these entry points represents a potential vulnerability that can be exploited by cybercriminals.

Limited security budgets:

Retailers often have limited security budgets and resources to invest in cybersecurity, making them an easy target for cybercriminals. They can exploit this weakness by targeting smaller retailers who may not have invested enough in cybersecurity.

Difficulty in securing legacy systems:

Retailers often have legacy systems that are difficult to secure and update. These systems may have vulnerabilities that can be exploited by cybercriminals.

Ease of monetization: Stolen credit card information and other sensitive data can be easily monetized on the dark web, making retail a lucrative target for cybercriminals.

What are the Threats to Retail Cybersecurity in the United Kingdom?

Threats-to-Retail-Cybersecurity

There are several potential threats to retail cybersecurity, including:

Phishing attacks:

Phishing attacks are attempts to trick users into sharing sensitive information like passwords or credit card details through fake emails or websites.

Point of Sale (POS) malware:

Malware designed to infect and compromise the software that runs on retail point-of-sale systems, allowing attackers to steal payment card data.

Social engineering attacks:

Attackers may try to trick employees or customers into revealing sensitive information or performing actions that compromise the security of the retail environment.

Distributed Denial of Service (DDoS) attacks:

DDoS attacks involve overwhelming a website or network with traffic, making it unavailable to users.

Payment card skimming:

Skimming devices can be attached to card readers to collect credit card data when customers make payments.

Insider threats:

Employees with access to sensitive data or systems may intentionally or unintentionally cause harm to the retail environment.

Ransomware attacks:

Ransomware is a type of malware that encrypts files on a victim’s computer, rendering them inaccessible until a ransom is paid.

Software Vulnerabilities:

Software vulnerabilities on the web and mobile applications like Cross Site Scripting, Injection attacks, dangerous file uploads can be used by attackers to gain sensitive information of the users of the application.

Vulnerabilities in third-party applications/systems:

Vulnerabilities in the dependent libraries and plugins can be exploited by attackers to compromise the security of the retail environment.

These threats highlight the importance of implementing strong cybersecurity measures, such as regular employee training, multi-factor authentication, encryption, and continuous monitoring and threat detection.

Simple Steps to protect your Retail Business from Cyber Threats

protect-your-Retail-Business-from-Cyber-Threats

As a retail business owner, it is crucial to protect your business from cyber threats. Here are some simple steps you can take to protect your retail business from cyber threats:

Train employees on cybersecurity awareness:

It’s essential to educate your employees on cybersecurity best practices. This includes how to create strong passwords, how to spot phishing emails, and how to report any suspicious activity.

Install and update anti-malware software:

Install anti-malware software on all of your devices, including computers, laptops, and mobile devices. Ensure the software is updated regularly to protect against the latest threats.

Use strong passwords:

Make sure you and your employees use strong passwords that are difficult to guess. Use a combination of uppercase and lowercase letters, numbers, and special characters.

Use two-factor authentication:

Two-factor authentication provides an extra layer of security to your accounts. This requires users to enter a code sent to their phone or email, in addition to their password, to access their account.

Regularly backup data:

Regularly back up all your data, including customer data, financial records, and inventory records, to protect against data loss in case of a cyber-attack.

Limit access to sensitive data:

Only grant access to sensitive data to employees who need it to perform their job. Use different levels of access permissions to control who can access what data.

Use a secure payment gateway:

Use a secure payment gateway to protect your customers’ payment information. Choose a payment gateway that is PCI compliant and uses encryption to protect data.

Regularly update software:

Keep all software up to date, including operating systems, anti-malware software, and other applications. This ensures that any known vulnerabilities are patched and can’t be exploited by cybercriminal

Conduct regular VAPT:

Regular Vulnerability Assessment and Penetration Testing should be conducted, minimum after every six months or whenever there is a major change in the retail applications and systems.

Conclusion

Cybercrime has become a significant threat to the retail industry in the United Kingdom. The rise of online shopping has increased the opportunities for cybercriminals to exploit vulnerabilities in retailers’ digital infrastructure. The consequences of a successful cyber-attack can be severe, including reputational damage, financial losses, and legal repercussions. Therefore, retailers must take proactive measures to protect their systems and data, including implementing robust cybersecurity protocols, training employees on best practices, and staying up to date with the latest security technologies. With the right approach, retailers can minimize the risk of cybercrime and continue to thrive in an increasingly digital marketplace.

How Tx can help you with Cybersecurity in Retail?

Tx innovative retail software solutions assist organizations to fit better with their customer’s needs. We have experience working with the major retail industries on digital quality engineering from fashion to food to eCommerce.

ERP, warehouse management, payment systems, retail store POS software testing and the rest of the applications in the enterprise ecosystem need to work all together on today’s eCommerce platforms.

TestingXperts offers world-class eCommerce website testing solutions through UI & user testing. Those sanction the eCommerce portals and retail software testing companies to be all set for the required certification.

Need assistance?

We have our eCommerce and Retail experts in the house to talk to you about testing eCommerce websites. They will help you offer a solution for your business and will illustrate how to scale the quality needs further through comprehensive retail testing services, creating a robust eCommerce security platform catering to all your retail cybersecurity and shopping needs.

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How Data Breaches Can be Mitigated Using Latest Technology Trends? https://www.testingxperts.com/blog/data-breaches/gb-en Thu, 08 Jun 2023 13:59:37 +0000 http://18.219.80.225/blog-data-breaches-gb-en/ In an era dominated by digital interactions, data breaches have become a growing concern. But fear not, as technology rises to the challenge! Our latest blog post uncovers the most recent technology trends that are empowering businesses to combat data breaches and protect their valuable information. From advanced encryption techniques that create impenetrable fortresses for data to secure cloud solutions ensuring safe storage and sharing, discover how these cutting-edge innovations are fortifying your digital fortress.

The post How Data Breaches Can be Mitigated Using Latest Technology Trends? first appeared on TestingXperts.

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Content
  1. Importance of Securing Your Data from Breaches
  2. Different Types of Data Breaches
  3. The Impact of Data Breaches in the Digital Age
  4. How Latest Technology Trends Help Mitigate Data Breaches
  5. Conclusion
  6. How TestingXperts Can Help Mitigate Risks Using Recent Technology Trends in Testing?

In the digital age, data breaches pose a significant threat to organizations and individuals alike, with far-reaching consequences. However, recent technology trends are providing powerful tools and strategies to mitigate these risks and enhance data security.

According to recent statistics, the adoption of advanced technologies has shown promising results in data breach prevention. For instance, a study by Gartner revealed that by 2024, organizations leveraging artificial intelligence (AI) and machine learning (ML) for data security will experience a 30% reduction in data breaches. Additionally, research conducted by IBM found that companies employing encryption extensively reduced their financial impact by an average of $360,000 per data breach incident.

These statistics highlight the importance of embracing the latest technology trends to fortify defenses against data breaches and protect sensitive information in the digital landscape.

In this blog, we delve into the alarming rise of data breaches, the impact, and the urgent need for robust cybersecurity measures used in today’s interconnected world.

Importance of Securing Your Data from Breaches

Why-is-it-Important-to-Invest-in-Security-Tools

In an era where cyber threats continue to proliferate at an alarming rate, reevaluating and fortifying our security paradigms has become imperative. In 2020 alone, the global cost of cybercrime reached a staggering $1 trillion, with businesses experiencing an average of 65,000 attempted cyber-attacks per day.

As per recent statistics, revealing an exponential surge in cyberattacks—over 300 billion malware incidents reported in 2022 —our traditional security measures are proving inadequate. The current landscape of cyber threats and their potential impact on organizations makes it the right time to invest in recent technological trends for cybersecurity. Cybercriminals have exploited vulnerabilities, resulting in a 600% increase in phishing attacks.

These statistics highlight the urgency of investing in a digital immune system that can provide real-time threat detection, incident response, and proactive defence mechanisms. By investing now, organizations can strengthen their security posture, minimize the risk of breaches, and protect their valuable assets and data from growing cyber threats.

Different Types of Data Breaches 

Several different types of data breaches can occur in the digital age. Here are some of the most common ones:

Different-Types-of-Data-Breaches

Malware and Ransomware Attacks:

Malicious software (malware) is designed to infiltrate computer systems and networks, compromising sensitive data. Ransomware, a type of malware, encrypts data and demands a ransom for its release.

Phishing and Social Engineering:

Phishing involves tricking individuals into revealing sensitive information, such as passwords or credit card details, by posing as a trustworthy entity. Social engineering manipulates human psychology to deceive individuals into sharing confidential data.

Insider Threats:

Data breaches can be caused by individuals within an organization who have authorized access to sensitive information. These insiders may intentionally or accidentally leak or misuse data.

Third-Party Data Breaches:

When organizations share data with external parties, such as vendors or service providers, there is a risk of those parties experiencing a data breach, potentially exposing the shared information.

Unintended Disclosures:

Unintentional disclosures can happen when sensitive information is mistakenly shared through email, fax, or other communication channels.

Website/Application Vulnerabilities:

Weaknesses or vulnerabilities in websites or applications can be exploited by hackers to gain unauthorized access to databases or user information.

Insider Trading:

In financial markets, data breaches can involve unauthorized access to non-public information, allowing individuals to gain an unfair advantage for personal financial gain.

Credential Stuffing:

This occurs when attackers use stolen username and password combinations from one breach to gain unauthorized access to other accounts, exploiting individuals who reuse passwords across multiple platforms.

The Impact of Data Breaches in the Digital Age

The-Impact-of-Data-Breaches-in-the-Digital-Age

Data breaches in the digital age can have significant impacts on individuals, organizations, and society as a whole. Some of the key impacts include:

Financial Losses:

Data breaches can result in substantial financial losses for organizations. These losses can stem from various factors, such as legal fines, regulatory penalties, remediation costs, legal settlements, and damage to the organization’s reputation. Moreover, businesses may experience a decline in customer trust, leading to reduced revenue and potential loss of customers.

Reputational Damage:

Data breaches can severely damage the reputation of organizations. When sensitive data is compromised, customers may lose trust in the affected organization’s ability to protect their personal information. Negative publicity and public perception can have long-lasting consequences, making it challenging for the organization to regain its reputation and credibility.

Legal and Regulatory Consequences:

Data breaches often trigger legal and regulatory implications. Depending on the jurisdiction, organizations may face lawsuits, investigations, and fines for failing to adequately protect customer data or for violating data protection regulations. Compliance with regulations like the General Data Protection Regulation (GDPR) or the California Consumer Privacy Act (CCPA) is crucial to avoid legal consequences.

Loss of Customer Trust:

Data breaches can erode customer trust, resulting in a loss of loyalty and potential customers. Individuals whose personal information has been compromised may feel betrayed and reluctant to continue their relationship with the affected organization. Rebuilding trust can be a lengthy and challenging process, requiring transparent communication, enhanced security measures, and a demonstrated commitment to data protection.

Identity Theft and Fraud:

In many data breaches, personal and financial information is compromised, putting individuals at risk of identity theft and fraudulent activities. Cybercriminals can exploit stolen data for various purposes, including opening fraudulent accounts, conducting financial transactions, or impersonating individuals. Victims of identity theft may suffer financial losses, damage to their credit history, and the need for extensive remediation efforts.

How Latest Technology Trends Can Mitigate Data Breaches?

Mitigating data breaches requires staying ahead of evolving technology trends. The latest technology trends offer valuable tools and approaches to enhance data breach mitigation efforts. Here is how these recent technology trends can help alleviate data breaches:

Applied Observability Protecting Data Breaches

Applied observability plays a crucial role in mitigating data risks by providing organizations with comprehensive visibility into their systems and applications. By actively monitoring and collecting real-time data from various sources, organizations can detect and respond to potential data breaches or unauthorized access attempts promptly. Applied observability enables early detection of anomalies and abnormal data patterns, allowing organizations to take immediate action to mitigate risks.

It also enhances incident response capabilities by providing a holistic view of the digital ecosystem, enabling teams to trace and analyze the flow of data and identify the root causes of security incidents. Additionally, applied observability facilitates robust security monitoring, helping organizations proactively identify and address potential vulnerabilities before they are exploited. Applied observability empowers organizations to make data-driven decisions, strengthen their security posture, and safeguard against data risks effectively.

Adaptive AI Protecting Data Breaches

Adaptive-AI-Protecting-Data-Breaches

Adaptive AI, in the context of data risk mitigation, can be instrumental in enhancing organizations’ ability to mitigate data risks effectively. By leveraging adaptive AI technologies, organizations can bolster their security measures in the following ways. Firstly, adaptive AI systems can continuously analyze vast amounts of data, including network traffic, system logs, and user behaviors, to identify patterns and detect potential security breaches or data risks in real-time. Secondly, adaptive AI can dynamically adapt and evolve its algorithms and models to stay ahead of emerging threats and evolving attack vectors.

This enables organizations to proactively detect and respond to new and sophisticated data risks. Additionally, adaptive AI can automate security processes, such as threat detection, incident response, and risk assessment, reducing the time and resources required for manual analysis and response. Adaptive AI can help organizations identify vulnerabilities in their systems and applications, providing recommendations for remediation and strengthening overall data security. By harnessing the power of adaptive AI, organizations can significantly enhance their ability to identify, prevent, and mitigate data risks in today’s rapidly evolving digital landscape.

AI Trust, Risk and Security System Protecting Data Breaches

AI-Trust-Risk-and-Security-System-Protecting-Data-Breaches

By leveraging AI Trust, Risk, and Security systems, organizations can detect, prevent, and respond to data breaches effectively. Through machine learning algorithms, they continuously analyze vast amounts of data, including network traffic, system logs, and user behaviors, to identify patterns indicative of potential security threats. By monitoring in real-time, they can swiftly detect anomalies, unauthorized access attempts, or suspicious activities, allowing organizations to take immediate action to mitigate risks.

AI Trust, Risk, and Security systems also enable proactive risk assessment by leveraging predictive analytics to identify vulnerabilities and potential weak points in an organization’s digital ecosystem. They automate incident response processes, reducing response times and minimizing human error, while continuously learning and adapting to new threats. By harnessing the power of AI, these systems enhance organizations’ ability to protect sensitive data, strengthen their security defenses, and effectively mitigate the risk of data breaches in today’s complex and evolving threat landscape.

Digital Immune System Protecting Data Breaches

Digital-Immune-System-Protecting-Data-Breaches

A Digital Immune system can play a crucial role in mitigating data breaches by providing proactive and adaptive security measures. It continuously monitors networks, systems, and data in real-time, employing advanced technologies such as machine learning, AI, and behavioral analytics. By establishing baselines of normal behavior, it can swiftly identify deviations and anomalies that may indicate a potential breach.

The Digital Immune system can autonomously detect and respond to threats, leveraging automated incident response capabilities to mitigate the impact of breaches. It can dynamically adapt and learn from new data and emerging threats, enabling it to stay ahead of evolving attack vectors. By mimicking the principles of the human immune system, the Digital Immune system enhances organizations’ ability to detect and respond to data breaches, significantly reducing the response time and minimizing the potential damage caused by such incidents.

Conclusion

The rapid advancements in technology have both facilitated and complicated our lives in the digital age. However, when it comes to data breaches and the protection of sensitive information, recent technology trends have proven to be invaluable in mitigating risks and safeguarding data. From the widespread adoption of encryption techniques to the implementation of multi-factor authentication and the rise of artificial intelligence in threat detection, organizations and individuals now have a wide array of tools at their disposal to combat data breaches.

It is important for businesses and individuals alike to stay abreast of these technological developments and leverage them effectively to create a secure digital environment. As we continue to navigate the ever-evolving landscape of cybersecurity, embracing these trends and harnessing their potential will be essential in safeguarding our data and preserving the trust we place in the digital realm.

How TestingXperts Can Help Mitigate Risks Using Recent Technology Trends in Testing?

How-TestingXperts-Can-Help-Mitigate-Risks-Using-Recent-Technology-Trends-in-Testing

TestingXperts is at the forefront of leveraging recent technology trends in testing to mitigate risks effectively. Through the adoption of test automation, TestingXperts enables faster and more comprehensive testing, reducing human errors and increasing test coverage. Additionally, by incorporating Artificial Intelligence (AI) and Machine Learning (ML) algorithms, our experts can analyze vast amounts of testing data, detect patterns, and predict potential risks, enhancing the accuracy of risk assessment.

The utilization of cloud-based testing services allows TestingXperts to simulate real-world scenarios, perform load testing, and ensure the application’s robustness and resilience against security threats. Furthermore, with expertise in IoT and mobile testing, we offer comprehensive testing services for IoT devices and mobile applications, ensuring their security and functionality. By embracing these recent technology trends, our key goal is to empower organizations to enhance software quality, and deliver reliable and secure solutions.

Q1: What are the main causes of data breaches in the UK?

 

The main causes of data breaches include weak passwords, improper security measures, software vulnerabilities, poor data management measures, and much more. Other causes include backdoor vulnerabilities, distributed DDoS, phishing, unencrypted data, lost or stolen devices, etc.

 

Q2: What are Data Breaches?

Data breaches occur when an unauthorized user accesses, steals, or discloses sensitive information, harming its integrity, availability, and confidentiality. It can occur accidentally or intentionally to steal data. Healthcare and financial organizations face severe consequences due to data breaches.

Q3: How to avoid data breaches? 

 

Data breaches can cause severe financial losses, service disruption, and identity theft. Businesses must use strong encryption, conduct regular security audits, use strong encryption protocols, create a response plan, and implement secure authentication measures to avoid data breaches.

 

Q4: Why do you need to report data breaches?

Data breaches result in serious consequences that impact both organizations and associated personnel. Its reporting is necessary to comply with legal requirements, mitigate risks, prevent damage, protect individuals/organizations, and ensure transparency and accountability.

 

 

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Digital Defense: How Cyber Insurance Shields Modern Enterprises  https://www.testingxperts.com/blog/cyber-insurance-modern-enterprises/ https://www.testingxperts.com/blog/cyber-insurance-modern-enterprises/#respond Tue, 24 Dec 2024 11:23:38 +0000 https://www.testingxperts.com/?p=44775 The blog discusses why cyber insurance is essential to minimize financial damage from cyberattacks. This policy covers a range of incidents, including data breaches, business interruptions, and ransomware. It provides crucial financial security, legal support, and reputation management during crises. However, it’s essential to understand the coverage limits and ensure your business implements proper cyber defense strategies before applying them.

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Table of Contents

  1. Cyber Insurance and Its Importance
  2. 5 Types of Cyber Insurance Coverage
  3. Risks Covered and Not Covered by Cyber Insurance
  4. Can Cyber Insurance Replace Cyber Defense?
  5. Summary

The number of cybercrimes is rising, and businesses are at risk of ransomware, data breaches, phishing, and other cybersecurity incidents. Statistically speaking, in 2024 Q3, an average of 1876 cyberattacks per enterprise were recorded, a 75% increase in cyber incidents compared to the 2023 Q3 and 15% more compared to the previous quarter. This period witnessed a significant rise in the intensity and volume of cyber threats businesses face, highlighting various tactics cybercriminals use to target victims and the urgency to reinforce cyber defenses. That’s where cyber insurance comes into the picture. 

Although various tools and firewalls within an organization’s cybersecurity platform can protect them from breaches before they happen, they will still be held responsible in case sensitive information gets stolen. Cyber insurance helps minimize the aftermath of any cyber risk incident, especially financially.  

Cyber Insurance and Its Importance

Cyber Insurance and Its Importance

Cyber insurance, or cyber liability insurance, is a contract an organization purchases to reduce the financial risks associated with cybercrime, such as data breaches and cyberattacks. It protects businesses from internet-based threats affecting their IT infrastructure, data policy, and data governance. Traditional insurance schemes and commercial liability policies generally do not cover these aspects. Compared to well-structured insurance plans, cyber insurance policy underwriters have limited information to create risk models and curate insurance policy rates, premiums, and coverages. 

Initially, cyber insurance focused only on data breaches and computer attacks. Still, as the decades passed, it now covers a broad spectrum of cybercrimes, such as cyber extortion, system failures, cybersecurity incidents causing business interruptions, etc.  

Now the question is, why is it so important? 

Electronic data theft would harm businesses, causing customer distrust and revenue loss. In such cases, business owners are held liable for damages caused by third-party data theft. One example that can explain the importance of cyber insurance is “The 2011 PlayStation Network outage.”  

In 2011, a group of hackers hijacked Sony’s PlayStation Network, breaching and exposing 77 million PS users’ personally identifiable information (PII). The incident prevented PS console users from accessing the services for 23 days straight. Sony suffered a $171 million loss, which could have been lessened if they had a cyber insurance policy. Later, the court passed a judgment that Sony’s insurance policy only covers physical property damage, and they would have to incur the full amount of cyber damage costs.  

Cyber insurance offers businesses the following benefits: 

  • Financial security against cyber incidents damage 
  • Network security coverage against cyber events 
  • Easy handling of complicated legal systems around cyber incidents 
  • Sense of security in terms of financial stability 
  • Improves reputation among stakeholders, partners, and customers 

5 Types of Cyber Insurance Coverage

Types of Cyber Insurance Coverage

Cyber insurance offers the following coverages to protect organizations from security incidents: 

Cyber Liability Insurance:

This type of insurance protects businesses from the financial costs associated with cyberattacks or data breaches. It covers regulatory fines, legal fees, and settlement amounts, protecting businesses from facing crippling expenses because of systems hacking or leakage of sensitive data. 

Data Breach Insurance:

Businesses receive financial support to deal with the aftermath of data breaches. Data breach insurance covers costs associated with notifying affected parties, managing public relations, and providing credit monitoring services. It helps businesses minimize brand image damage and maintain customer trust. 

Errors and Omissions Coverage:

E&O coverage secures businesses from cyber events that can affect service delivery and prevent contractual obligations from being fulfilled. This insurance coverage includes claims related to service performance failures or errors and protects against contract breach or negligence allegations. 

Network Security Insurance:

This insurance coverage protects businesses from network security failure losses. It covers risks such as ransomware attacks, hacking, and malware injections. It also ensures businesses can steadily recover from cyber threats by covering the costs associated with communication, investigation, and remediation. 

Business Process Interruption Coverage:

After a cyber incident disrupts an organization’s operations, business process interruption insurance helps cover lost revenue, and the expenses incurred during the recovery period. It ensures that businesses recover from downtime and continue to pay employees, infrastructure costs, and other expenses until they become stable. 

Risks Covered and Not Covered by Cyber Insurance

Category  Covered Risks   Not Covered Risks 
Data Breaches  Costs covered related to notifying affected individuals, data restoration, and legal fees.  Fines or penalties imposed due to non-compliance with data security regulations. 
Business Interruption  Revenue losses due to cyberattacks, such as DDoS attacks, ransomware, etc.  Losses due to outdated systems, avoidable vulnerabilities, poor system maintenance, etc. 
Legal Liability  Lawsuits filed by third parties impacted by data breaches or cyberattacks.  Intentional or fraudulent activities conducted by employees. 
Ransomware Extortion  Ransomware payments and professional negotiation services.  Payments to entities sanctioned by the government regulations.  
Forensic Investigations  Expenses to identify the root cause and extent of a cyberattack.  Costs of ongoing system improvements that are not directly linked to the incident. 
Reputation Management  Public relations costs to manage brand reputation after a cyber incident.  Long-term brand damage or loss of market share. 
Third-party Vendor Breaches  Liability for breaches caused by service providers, such as cloud or network service providers.  Security gaps in contracts where no liability is outlined. 
Employee Negligence  Data breaches that are caused unintentionally by employees.  Breaches that are caused by employees ignoring defined cybersecurity protocols. 
Regulatory Investigations  Costs related to legal defenses during regulatory investigations.  Minor damages accumulated in legal cases. 
Hardware Replacement  Costs to replace damaged or compromised hardware due to an attack.  Wear and tear or equipment failure unrelated to cyber events. 

 

Can Cyber Insurance Replace Cyber Defense?

No, cyber insurance cannot replace cyber defense, as businesses always need an effective cyber risk management policy. Although companies should have cyber insurance, it’s only one of the requirements among cybersecurity measures. Cybersecurity insurance is a complementary check to manage security protocols and balance the company’s risk management plan. It is an effective cybersecurity strategy to strengthen new or already established cyber defense mechanisms instead of an alternative or complete revamp. 

Areas to Consider Before Applying for Cyber Insurance

Cyber insurance companies want to demonstrate their actions to protect their infrastructure against threats. If you, as an organization, did not take appropriate measures to protect your network, you may not be considered or approved for insurance. There are a few measures you have to consider before applying for cybersecurity insurance, which are given below: 

  • Despite having strong access controls, you must conduct regular vulnerability assessments, have an incident response plan, conduct regular employee training, and enable multi-factor authentication, encryption, and privileged access management. 
  • Should have an EDR (Endpoint Detection and Response) software to continuously monitor, detect, investigate, and respond to advanced endpoint threats. 
  • Must securely collect and store sensitive information such as financial information, supplier/customer data, etc. 
  • A comprehensive incident response plan documenting your business processes and procedures when a potential threat is detected.  

By collaborating with a cybersecurity expert like TestingXperts (Tx) before applying for cyber insurance, you can ensure your organization is adequately covered and negotiate better with the insurer. At Tx, we can assist you by offering the following solutions: 

Security Posture Assessment:

We conduct a detailed analysis of your current cybersecurity practices, identify vulnerabilities, assess risks, and provide recommendations to optimize overall security infrastructure. It will help make your organization resilient against cyber threats and meet insurance providers’ criteria. 

Security Policies/Procedures Assessments:

We evaluate and help you optimize your security policies and operational procedures. Our experts ensure the policies align with best security practices and industry standards, such as data protection laws, accessibility standards, and incident response plans. 

Compliance with Cyber Insurance Benchmarks:

Our experts help align your cybersecurity strategy with insurance provider benchmarks. This includes measures like conducting regular vulnerability assessments, having advanced threat detection systems, and implementing encryption protocols, which will assist you in negotiating favorable terms with insurers. 

Summary

Cyber insurance is necessary for businesses to secure themselves from cyber incidents. They can get coverage from various risks, including legal liabilities, data recovery, business disruption, etc. while getting financial support during unforeseen cyber incidents. To qualify, businesses must implement security measures like incident response plans, threat detection tools, and vulnerability assessments. Partnering with Tx will ensure you have strengthened defenses while you meet insurance benchmarks and get comprehensive protection depending on your requirements. To know how Tx can help, contact our cybersecurity experts now. 

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Cyber Monday: Avoid Online Shopping Disasters with Testing  https://www.testingxperts.com/blog/cyber-monday-avoid-disasters-with-testing/ https://www.testingxperts.com/blog/cyber-monday-avoid-disasters-with-testing/#respond Tue, 17 Sep 2024 13:43:01 +0000 https://www.testingxperts.com/?p=41762 As Cyber Monday approaches, online retailers must be ready for increased traffic and potential security risks. Proper testing is crucial to ensure a smooth and secure shopping experience. Key testing areas include cybersecurity, performance, usability, and localization to prevent issues like DDoS attacks and card fraud. The blog discusses that through thorough testing, eCommerce sites can safeguard sensitive data, manage high-traffic volumes, and deliver a seamless user experience during the holiday shopping rush. Ensure your website or app is fully prepared for Cyber Monday’s demands with comprehensive testing strategies.

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Table of Content:

  1. Common Online Shopping Disasters to Avoid on Cyber Monday
  2. Importance of Cyber Monday Testing
  3. 5 Types of Testing for Cyber Monday Success
  4. Data Analytics with Data Warehouses
  5. Summary

The holiday season is approaching, and eCommerce businesses will look forward to one of the most hyped events of the year: Cyber Monday. In 2023, online shoppers spent around $12.4 billion on Cyber Monday, a 9.6% increase compared to 2022. And this year, this number is expected to reach new heights. For online shopping stores, making millions or billions during this period is not a fantasy but a reality. But all of that would only be possible if the website or mobile app is highly secure and can handle the sudden surge in traffic. 

Whether because of the pandemic or people unwilling to camp out overnight for their favorite gadgets, modern-day shoppers now prefer to shop online for Cyber Monday. Retailers also have a clear picture of today’s customers’ buying habits. The best way to attract this audience is by offering visitors a seamless customer and buying experience. However, with all this online activity, the chances of cyber fraud also become high. The online marketplace will become a practical field day for malicious actors looking to steal user payment mode details and passwords. This is why conducting proper testing for the web and mobile apps before this event would work in everyone’s favor.  

Common Online Shopping Disasters to Avoid on Cyber Monday 

Online Shopping Disasters to Avoid on Cyber Monday 

According to research, 57% of online attacks targeting retail websites were done by bots. If we talk about the biggest online shopping cyberattacks, JD Sports name will always come to mind. In 2023, cybercriminals accessed 10 million customers of JD Sports, a fashion retail brand. They gained access to the purchase history between 2018 and 2020. They got away with the user’s full name, delivery address, billing details, phone number, security code of payment card, and order details. This incident raised questions about JD Sports’ data management policies as the transaction records of millions of users were jeopardized.  

This was just one cyberattack; there are plenty of examples of cyberattacks that affected both businesses and their customers. Let’s take a quick look at some of the common online shopping disasters that eCommerce businesses should be wary of: 

DDoS Attack:

DDoS, or distributed denial of services attacks, involve criminals flooding the network with huge traffic volumes from different sources. This makes it difficult or impossible for the websites to deliver services as they should. DDoS attacks are very common in online retail businesses, and during Cyber Monday, bringing down the sites would become more frequent. 

Consumer Journey Hijacking:

The consumer journey is a crucial brand differentiator for businesses, even greater than product and price. Consumers expect their engagement with a brand and its services to be seamless, secure, and a walk in the park. But hackers have also found their way around it. Consumer journey hijacking involves injecting unauthorized ads, usually a pop-up or a banner, into the user’s browser when they access eCommerce sites. They ask users to click on ads by promoting fake deals or prize redemption codes. 

Card Fraud:

Hackers deploy malware bots to scan an eCommerce site for loopholes. In doing so, they steal the card numbers of users who have made transactions using credit/debit cards on that site. Gift card fraud is one of the common card fraud techniques in which bits scan for valid gift card numbers stored on a web application. Currently, Skimmers & Magecart attacks are also on the rise. 

Importance of Cyber Monday Testing 

Importance of Cyber Monday Testing 

People usually keep the same password for various accounts, which is very common. They don’t understand how vulnerable they are to cyberattacks. A leaked password on an eCommerce site equals a leaked password on the company’s network. Even after knowing that online scams are rising daily and the holiday season would make online shoppers a prime target of cyber threats, businesses tend to ignore the security measures they should have in place. This is why testing is important for Cyber Monday, as it helps businesses ensure a seamless and secure shopping experience for customers and online shopping sites. It can also help prevent potential security risks for businesses.  

Testing the website and mobile application from all perspectives is important to prepare them for Cyber Monday. People will surf online stores billions of times to search for and purchase items. It would be a big responsibility to ensure the online stores function perfectly and securely so that users can have a seamless buying experience.  

5 Types of Testing for Cyber Monday Success 

Types of Testing for Cyber Monday Success 

Testing an eCommerce site or application before Cyber Monday requires a comprehensive approach. The goal is to ensure a secure and seamless customer experience during the busiest hours of the year. This is why one must conduct a complete QA of their eCommerce web and mobile apps before users hit to grab the deals on their favorite items. Let’s take a quick look at 5 testing types that are a must for ensuring Cyber Monday success: 

Cybersecurity Testing:

This would be at the top when testing the website/mobile app. In 2023, the average total cost of the data breach reached $4.45 million during the Black Friday and Cyber Monday events. Poorly protected web and mobile apps can lead to severe consequences, such as degrading brand reputation and user trust, loss of revenue, operational disruption, etc. All these scenarios can be avoided by conducting the complete security testing of the application and testing the infrastructure that’s hosting the application. This would assist in knowing how well the site can function during an unauthorized entry. Businesses can ensure the security of online transactions, from order placement to the payment itself. This would ensure shoppers that their sensitive data is secure and that they can trust the brand. 

Test Automation:

Leveraging automation tools to test the primary functionalities of the web or mobile app that users usually interact with can prove beneficial. This will not only be on Cyber Monday but also help you manage your website or mobile app in the long run. The overall development and deployment process time will be optimized, improving functionality with higher quality and security. AI and ML-based tools could play a big part in this. 

Localization Testing:

During Cyber Monday, users will reluctantly translate anything they don’t understand (like content, pricing, currencies, etc.). Localization testing would allow eCommerce business owners to meet the linguistic and cultural needs of the shoppers and offer seamless UX for multiple regions. Compliance checks, GUI checks, and functional checks are some of the localization testing types that can assist businesses in making their website/apps ready for holiday sales. 

Performance Testing:

The main component behind website failure during the holiday sales season is the sudden surge in user traffic. Consumers wait a year just for Black Friday and Cyber Monday sales and are ready to jump into the wagon when these two days finally arrive. The question is, “Can your website or mobile app handle it?” That’s when stress/load/performance testing steps in. Businesses can identify critical bottlenecks under peak loads and verify aspects like maximum possible load, response time, and the pressure level that the site can handle. 

Usability Testing:

Smooth surfing, seamless navigation, and user-friendly content can help decrease the time needed to analyze the app’s functionality. Usability testing can detect vulnerabilities in UI/UX while allowing participants to interact with the eCommerce site/app. This way, the businesses can ensure the ease of use of their product while making it accessible to users with disabilities. 

Why Partner with Tx for Cyber Monday Success? 

Tx for Cyber Monday Success

Tx’s security center of excellence (SCoE) leverages proven methodologies, tools, and techniques to ensure the efficiency and effectiveness of testing and validation of eCommerce platforms. We utilize a technology-agnostic framework to thoroughly test website/mobile apps’ security, functionality, performance, and accessibility on different devices, browsers, OS, and payment systems. Tx can assist you in determining the best approach for testing and validating your critical web and mobile app issues and prepare you for Cyber Monday’s success. Our in-house accelerators, Tx-Automate and Tx-Secure, will monitor your product for any issues and provide remediation measures you can implement.   

Tx-Automate can deploy comprehensive test automation solutions without developing test cases from scratch. Its custom reporting, seamless third-party integrations, and flexible execution settings allow it to configure/assemble test suites effortlessly by combining different automated tests and making them readily available for execution. This helps speed up the testing process, which can benefit your website/app when making it ready for Cyber Monday.  

As Cyber threats will be more severe during the holiday season, businesses will need effective security testing practices and core security testing accelerators to secure their websites and apps. Tx-Secure, our unique security testing accelerator, has a specific set of processes, guidelines, tools, and checklists that make the security testing process quicker and seamless and ensure significant results. This framework can be used for monitoring security events and incidents in real-time across servers, networks, cloud, and workstations to ensure smooth operations. 

Summary 

As Cyber Monday approaches, eCommerce businesses must be prepared for a surge in online shoppers and potential cyber threats. Robust website and app testing ensures a smooth and secure shopping experience. Proper testing can help prevent issues such as DDoS attacks, card fraud, and consumer journey hijacking. By conducting essential tests, including cybersecurity, performance, usability, and localization testing, businesses can safeguard sensitive data, manage high-traffic volumes, and provide a user-friendly experience. Partnering with Tx ensures expert cyber security testing and validation to secure eCommerce platforms, allowing businesses to navigate the busy Cyber Monday period confidently. To know how Tx can help, contact our experts now. 

 

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Continuous Threat Exposure Management (CTEM): Key Insights for CISOs https://www.testingxperts.com/blog/continuous-threat-exposure-management-ctem/ Mon, 24 Jun 2024 13:30:57 +0000 http://18.219.80.225/blog-continuous-threat-exposure-management-ctem/ Table of Contents An Overview of Continuous Threat Exposure Management How does it work? What Problem is CTEM Solving for Businesses? 5 Stages of Continuous Threat Exposure Management Program Businesses with CTEM vs. Without CTEM Why Partner with Tx to Manage Cybersecurity? Summary “A breach has occurred, and the company’s data has been compromised,” mentioned ... Continuous Threat Exposure Management (CTEM): Key Insights for CISOs

The post Continuous Threat Exposure Management (CTEM): Key Insights for CISOs first appeared on TestingXperts.

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Table of Contents

  1. An Overview of Continuous Threat Exposure Management
  2. How does it work?
  3. What Problem is CTEM Solving for Businesses?
  4. 5 Stages of Continuous Threat Exposure Management Program
  5. Businesses with CTEM vs. Without CTEM
  6. Why Partner with Tx to Manage Cybersecurity?
  7. Summary

“A breach has occurred, and the company’s data has been compromised,” mentioned in the large bold letters in the newspaper’s headlines. Investors are in panic, the general public is worried, and the company’s CEO and CISO face all the backlash. But what if they had anticipated that kind of cyberattack with the help of CTEM beforehand? As digital transformation grows, the attack surface for enterprises also expands exponentially. The security teams have to manage an infeasible rate of vulnerabilities. According to Gartner, businesses prioritizing security investments per continuous threat exposure management strategies will suffer three times fewer security breaches.

Businesses have invested heavily in 2FAs, firewalls, breach detection, and other defense parameters for years. In addition, compliance concerns forced them to deploy vulnerability scanners and implement an aggressive approach with read teaming and anticipated breach practices. Although this strategy did address specific business needs, it still lacked something. Despite all these efforts, breaches still occurred, and businesses faced heavy financial and trust losses.

We all know how Facebook has been a prime target of security incidents on multiple occasions. This is why businesses have shifted from a vendor-by-vendor approach to a more refined data consolidation approach. In fact, 75% of organizations are already pursuing security vendor consolidation. This shift is paving the way for a continuous threat exposure management approach.

An Overview of Continuous Threat Exposure Management

 

Continuous Threat Exposure Management Overview

CTEM is a proactive cybersecurity approach that facilitates continuous monitoring, evaluation, and mitigation of security vulnerabilities across an organization’s IT infrastructure. Generally, businesses rely on tools like AVs, XDRs, SIEMs, and MDRs to protect their organizations against cyberattacks. These tools are undoubtedly crucial, but they follow a reactive approach. They will only act after an attack is in action.

Businesses might believe they are well-protected using these tools until they perform a thorough offensive security check. In the current digital age, it is important to consider more proactive approaches like attack surface management, pen testing, and CTEM programs as they focus on being offensive rather than defensive.

Continuous threat exposure management allows businesses to identify and mitigate weaknesses in their processes. It involves analyzing the environment, identifying vulnerabilities, assigning priority according to risk, marking attack paths and loopholes, and assigning teams to address them. By implementing the CTEM program, businesses can proactively resolve their security risks to stay one step ahead in this dynamic threat landscape.

How does it work?

 

At its core, CTEM uses automated tools to scan vulnerabilities continuously across business digital assets. These tools integrate with security infrastructure to comprehensively view the organization’s threat ecosystem. After detecting the vulnerability, the CTEM program assigns priority based on the potential impact, providing quick and effective remediation.

What Problem is CTEM Solving for Businesses?

 

CTEM for businesses

A continuous threat exposure management program allows CISOs and their teams to address critical pain points in the modern cybersecurity ecosystem, namely the gap between threat emergence and response. They continuously face relentless pressure to secure the organization’s critical data and infrastructure assets. Preventive measures like firewalls and AVs were once all they needed, but now, cyber-attacks are more persistent and sophisticated than ever. CTEM assists CISOs in addressing a valuable security gap by offering a comprehensive and on-the-run view of the business attack surface. Let’s take a close look at the problems that CTEM is solving for businesses:

Identify and Patch Hidden Vulnerabilities:

Vulnerabilities are discovered constantly, but sometimes, few remain unnoticed. CTEM program performs beyond point-in-time scans and facilitates continuous identification of these vulnerabilities. This assists security teams in prioritizing the patching process and mitigating the critical risks before they harm business.

Evolving Threat Landscape:

The cyber threat ecosystem is constantly evolving rapidly. CETM assists CISO in incorporating threat intelligence techniques to analyze and understand the latest attack methods. This would enable businesses to stay alert, anticipate potential attacks, and plan an effective mitigation measure.

Compliance and Regulatory Requirements:

With the evolving cyber-attack ecosystem, regulations have become stricter and more complex. It raises significant compliance concern for businesses. CTEM ensures that businesses maintain continuous compliance by keeping security protocols up to date with the latest regulations.

Security Gaps and Misconfigurations:

No matter how profound and robust policies businesses implement; misconfigurations and security gaps will remain. With CTEM, CISOs can constantly monitor the systems and configurations, enabling them to identify and mitigate security gaps before hackers can exploit them.

By addressing these problems, CTEM assists CISOs and their teams in enhancing the cybersecurity framework and supporting overall operational integrity. This makes CTEM a valuable asset for businesses to protect their digital assets against cyber threats.

5 Stages of Continuous Threat Exposure Management Program

 

Stages of Continuous Threat Exposure Management

The five stages of the CTEM program provide a comprehensive and cyclical overview of handling cybersecurity risks. Each stage allows businesses to constantly identify, assess, and mitigate cyber threats. The best part is these measures evolve as threats evolve, maintaining a robust defense mechanism. Let’s take a look at the five key stages of implementing the CTEM program:

Scoping:

The first stage requires security teams to identify the infrastructure segments to detect potential vulnerabilities or threats. They conduct a thorough analysis of cyber resilience using automated tools and sensors and check internal and external attack surfaces, as well as cloud infrastructure. The sensors monitor and collect data from all network and system components.

Discovery:

This phase involves an in-depth analysis of the infrastructure defined in the first stage. The security teams assess all assets to evaluate risk profiles and their potential impact on the business. They can find explicit vulnerabilities and detect hidden errors like misconfigurations and fake assets. The extensive data collected in this stage would allow security teams to prioritize their discovery efforts.

Prioritization:

This stage assists security teams with a gap analysis of security infrastructure. It involves identifying undetected/unprevented attacks, detection gaps, logging gaps, and broken, noisy, and missing detection rules. CISOs can focus on where they are most needed to prevent resource wastage on less critical issues.

Validation:

The security teams utilize various tools to validate the impact of identified loopholes. This phase is crucial to verifying a business’s cybersecurity protocols. It is followed by prioritizing weak points, threats, and mitigation processes. The actions include patching software, updating system configurations, and improving security protocols.

Monitoring:

After validation, security teams must continuously monitor the effectiveness of cybersecurity measures to ensure that no new threats have been detected. This ongoing monitoring is the core of the CTEM program that sets it apart from traditional security assessments. CISOs also get real-time insights into the organization’s security posture.

Businesses with CTEM vs. Without CTEM

Implementing a continuous threat exposure management program would allow businesses influenced by CISOs to manage and respond more effectively to cybersecurity threats. CISOs can leverage CTEM to facilitate real-time threat detection, risk management, and adherence to compliance, which are necessary components in today’s cyber threat ecosystem.

Aspect 

With CTEM  Without CTEM 
Threat Detection  Real-time detection allows immediate response.  Detection is often delayed, increasing the risk of damage. 
Incident Response  Rapid and informed response to threats.  Slower, reactive responses, and less effective. 
Security Posture  Dynamic and adaptive to new threats.  Often static, lacking adaptation to evolving threats. 
Cost of Security Breaches  Low cost due to early detection and remediation.  Higher cost of security breaches due to the potential for extensive damage. 
Compliance  Ensure continuous compliance with regulations.  Irregular compliance management  
Resource Allocation  Optimized resource allocation with automation prioritizing critical issues.  Often inefficient, with resources spread thin. 
Overall Security  Enhanced security with fewer vulnerabilities. 

High chance of vulnerabilities leading to increased risk. 

 

Why Partner with Tx to Manage Cybersecurity?

Partnering with Tx to manage cybersecurity can transform how businesses address cyber threats, especially with a robust CTEM program. We can assist CISOs with advanced tools and strategies to enhance their organizations’ cybersecurity posture. Selecting Tx to manage your cybersecurity posture would give you the following perks:

We have a team of highly certified security professionals with expertise in CISM, CISSP, CISA, CAP, and CEH, who ensure your security infrastructure is free from vulnerabilities.

Our approach to the CTEM program ensures that your cybersecurity measures are proactive and keep your digital ecosystem one step ahead of potential threats.

Our approach aligns with industry standards such as OWASP, PIC-DSS, HIPAA, SOX, OSSTM, WASC, WAHH, and NIST.

We utilize advanced automation tools and in-house accelerators, such as Tx-Secure, to provide continuous monitoring a real-time threat detection necessary for maintaining a resilient security posture.

We assist in optimizing resource allocation to ensure your most critical assets receive the highest level of protection. It significantly reduces costs associated with managing security threats.

Summary

Continuous threat exposure management is a crucial component for businesses if they want to stay protected in the evolving cybersecurity ecosystem. It has the potential to empower CISOs with real-time threat detection, proactive vulnerability management, and ensure regulatory compliance. They can seamlessly address the critical gap between threat emergence and response. The proactive and continuous nature of CTEM ensures that organizations can adapt swiftly to emerging threats, thereby maintaining a robust defense system and operational integrity. Partnering with Tx enhances these capabilities, providing advanced tools, expertise, and continuous support for a resilient cybersecurity testing services strategy.

 

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Cybersecurity Monitoring: Protecting Your Business in Real-Time https://www.testingxperts.com/blog/cybersecurity-monitoring-protecting-your-business/ https://www.testingxperts.com/blog/cybersecurity-monitoring-protecting-your-business/#respond Tue, 03 Sep 2024 12:44:25 +0000 https://www.testingxperts.com/?p=41178 Excerpt - Cybersecurity monitoring includes the real-time or near real-time observation of events and activities across the network. It permits the organizations to ensure that security measures safeguard the integrity, availability and confidentiality of data assets that remain uncompromised.

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Table of Contents

  1. What is Cybersecurity Monitoring?
  2. How does Cybersecurity Threat Monitoring Work? Let’s break it down:
  3. AI defense against today’s cyberthreats
  4. Cybersecurity Monitoring Tools and Techniques: The Essential List
  5. Conclusion

In a single year, several cyber security trends emerged: 

  • 66% of organizations effected with Ransomware in 2023  
  • 44.7% of data breaches with the abuse of credentials 
  • 400% increase in the IoT malware attacks across various industries, manufacturing being the most targeted one.  

Organizations are struggling with security breaches, and cybersecurity monitoring can be a game changer, by enabling learning about the security threats in real time and respond faster than cyber attackers can move.  

Despite making notable investments in security technologies, organizations continue to struggle with security breaches. Their problems are quick to evolve tactics and stay ahead of the technology curve. The challenge is these few events can wear down the trust of customers, regulators, and investors more than a data breach of the digital operations. 

People are already challenged to effectively analyze the data flowing into the Security Operations Center (SOC) across the security tech stack. This does not include the information feeds from application data, network devices, and other inputs across the wider technology stack that are the key targets of the advanced attackers looking for using new malware.  

What is Cybersecurity Monitoring?  

Cybersecurity monitoring includes the real-time or near real-time observation of events and activities across the network. It permits the organizations to ensure that security measures safeguard the integrity, availability and confidentiality of data assets that remain uncompromised. In addition to this, it helps in checking and addressing threats or vulnerabilities before they escalate into a data security incident.  

The important thing to understand is, whether real-time or near-real-time, cyber threat monitoring is a dynamic process. Organizations must manage this process actively to keep pace with the quickly evolving cyber risk landscape, and ongoing changes within their own operational and enterprise architecture environment. 

The US federal agency also highlights that continuous monitoring is an important element of enterprise risk management frameworks. It supports the implementation of a rigorous information security continuous monitoring (ISCM) strategy. This strategy aims to maintain an ongoing awareness of vulnerabilities, security, and threats to support organizational risk management decisions.  

How does Cybersecurity Threat Monitoring Work? Let’s break it down: 

Cybersecurity Threat Monitoring

Cybersecurity threat monitoring works by regularly analyzing system activities, traffic, and data logs to perceive and respond to potential security threats in real-time. It includes the use of multiple tools and technologies, like Security Information and Event Management (SIEM) systems, Intrusion Detection Systems (IDS), and behavioral analytics, to recognize abnormal patterns or activities indicating a cyber threat.  

For Example: Monitoring for Phishing Attacks 

There’s a company that implements cybersecurity threat monitoring to safeguard the email system from phishing attacks. The system scans incoming emails for suspicious characteristics, like unusual sender addresses, misleading URLs, or attachments with the harmful code.  

Detection: The monitoring system recognizes an email from an unknown sender with a link that appears to be a trusted website but has a slight misspelling (e.g. paypal.com vs. Paypall.com). It flags such an email as a phishing attempt. 

Alerting: When detected, the system immediately generated an alert and notifies the security team. This alert involves details like sender’s address, the email’s content, and the suspicious link. 

Response: On receiving the alert, the security team quickly analyzes the email and confirms it as a phishing attempt. They block the sender and take action and notify the employees to be cautious of similar emails.  

Prevention: To prevent future incidents, the system is updated to automatically block similar emails, and employees receive training on recognizing and reporting phishing attempts.  

This way, cybersecurity threat monitoring enables the organization to detect, respond to, and prevent phishing attacks, while protecting sensitive information and maintaining the integrity of its network.  

AI defense against today’s cyberthreats

The increasing number of attacks and the growing complexity of cyberthreats are being compounded by a continuous shortage of cybersecurity talent. To address the estimated global shortfall of over 3 million cybersecurity professionals, there has to be 89% employment in the field. With AI, this gap can be easily covered.  

Accelerated threat detection was one of foremost uses of AI in cybersecurity. AI can enhance the existing attack surface management techniques while reducing noise and activating the limited number of security professionals to concentrate on the most prominent signals and indicators of compromise. In addition to this, AI can make decisions and act more swiftly, permitting security teams to pay attention to more strategic tasks.  

Advanced analytics and machine learning platforms can process the large amounts of data generated by security tools, assess data from the newly connected assets flooding the network. These platforms can be trained to differentiate between malicious files, devices, connections and users. 

AI-driven platforms for asset mapping and networking offer real-time insights into an organization’s expanding attack surface. They can recognize and bifurcate active assets, including containerized ones, offering visibility into wretched asset behavior. In addition to this, AI-Powered supply chain risk management software can automate the monitoring of both digital and physical supply chain environments, and track how assets are interconnected and structured.  

Cybersecurity Monitoring Tools and Techniques: The Essential List 

Cybersecurity Monitoring Tools and Techniques

Here is a list of the most important cyber threat monitoring tools that every security-conscious organization need to consider in 2024: 

Security Information and Event Management (SIEM) Systems: 

SIEM systems are important to a robust cybersecurity monitoring strategy, offering real-time analysis of security alerts from network hardware and applications. This helps in quick detection and mitigati0on of potential threats.  

Tools Used for Cybersecurity Monitoring:  

EDR Tools:

These tools serve as guards for network endpoints like mobile devices, laptops, and servers. They collect the data and look for indicators of compromise, like suspicious IP addresses or URLs. 

Email Encryption Tools:

These tools make sure that the content of your emails remains confidential and can be accessed by the intended recipients only. This helps reduce the risk and impact of data leaks and breaches.  

End-to-End Encrypted Collaboration Tools:

There are tools to ensure that data is encrypted at the sender’s end and remains encrypted until it reaches the required recipient, protecting the confidentiality and integrity of data in remote working environments.

Vulnerability Assessment Tools:

At Tx, we use Tx-Secure for identifying, prioritizing, and quantifying vulnerabilities in an organization’s systems. Continuous scanning helps businesses proactively address potential threats before they can be exploited.  

Intrusion Detection Systems:

IDS regularly monitors network traffic for malicious activity and signs or policy violations, alerting system administrators to suspicious events so that they can intervene promptly and safeguard breaches.  

    Penetration Testing Tools:

    These tools are used to regulate ethical hacking exercises by simulating cyberattacks on a system. This permits organizations to recognize security misconfigurations and vulnerabilities, strengthening their overall security posture. 

    Conclusion: 

    AI and humans have been working in collaboration to detect and prevent breaches for some time. Though many organizations are in the early stages of adopting Cyber AI, exposure and attack surfaces beyond traditional enterprise networks continue to expand, AI offers even better potential.  

    Techniques like machine learning, natural language processing, and neural networks can help security analysts in differentiating between significant threats and irrelevant noise. By leveraging pattern recognition, supervised and unsupervised ML algorithms, and predictive and behavioral analytics, AI can help detect and thwart attacks, identifying abnormal user behavior, unusual allocation of network resources, or other anomalies.  

    AI can be deployed to secure on-premises infrastructure and enterprise cloud services, though securing resources and workloads in the cloud is generally less complex than in legacy on-premises environments.  

    While AI or any technology alone cannot solve the complex security challenges, its ability to learn and identify patterns in real time can accelerate detection, response efforts and containment. AI can reduce the burden on Security Operations Center (SOC) analysts allowing them to be more proactive. With this. The role of professionals in demand will decrease, saving on costs.  

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    Preventing Social Engineering Attacks with Cybersecurity Testing https://www.testingxperts.com/blog/social-engineering-attacks Thu, 14 Mar 2024 12:51:17 +0000 http://18.219.80.225/blog-social-engineering-attacks/ Social engineering attacks, ranging from phishing and spear phishing to baiting and CEO fraud, manipulate individuals into divulging sensitive information, causing severe security breaches and financial losses. Cybersecurity testing is pivotal in preventing these attacks by evaluating and strengthening security policies, implementing robust multi-factor authentication, and conducting thorough vulnerability assessments. Regular security audits and advanced email filtering are essential strategies to mitigate social engineering risks.

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    1. What are Social Engineering Attacks? 
    2. 5 Types of Social Engineering Attacks 
    3. How Cybersecurity Testing Can Prevent Social Engineering Attacks 
    4. Conclusion 
    5. Why Partner with TestingXperts for Cybersecurity Testing? 

    Social engineering attack is the term used to describe a wide range of malicious activities like tricking individuals into revealing sensitive information or manipulating them to gain unauthorized access to systems. The attackers use different psychological manipulations to trick users into giving sensitive information or making security lapses. According to statistics, 82% of data breaches involve human elements, making social engineering the backbone of today’s cybersecurity threat. From smishing and vishing attacks to phishing emails, there are plenty of social engineering techniques hackers utilize to dupe their victims.

    The attacks could happen in any form, from people visiting websites they should never visit, sending money to cyber criminals unintentionally, or making mistakes that could compromise organizational security. Even an email that seems to be from a coworker requesting data could lead to a social engineering attack. Thus, it becomes necessary for businesses to have relevant cybersecurity measures to counter social engineering attacks.

    What are Social Engineering Attacks?

    Social engineering attacks are the first stage of a large-scale cyberattack. For example, a hacker might dupe a victim into sharing personal details like usernames and passwords, which are used to inject ransomware or viruses into the victim’s employer’s premises. These attacks enable hackers to gain easy access to digital networks, accounts, and devices without facing technical issues of getting around firewalls and other cybersecurity controls. They use psychological tactics to obtain sensitive data such as financial information, credit card/debit card numbers, login credentials, social security or account numbers, etc.

    5 Types of Social Engineering Attacks

     

    Types of Social Engineering Attacks

     

    Social engineering attacks could impact an organization in multiple ways. Following are some of the social engineering attacks that businesses should know about:

    Phishing

    Phishing is the most popular social engineering attack, including scamming users through emails and text messages involving a sense of urgency, fear, and curiosity. Attackers dupe users into revealing important data by asking them to click links to scam websites or open malware attachments. For instance, users received an email regarding online services alerting them about policy violations and asking them for immediate action. The actions might include username or password change, updating software components, etc. But the link in that email will lead to an illegitimate website (nearly identically to a legitimate website), leading users to fill in their credentials and new passwords. However, all the information will be sent to the hacker upon submission.

    Baiting

    It involves using false information to bait victims into performing illegal activity by utilizing their greed or curiosity. In this social engineering attack, hackers dupe users into a trap to steal their sensitive data or inject malware into their devices. The most common form of baiting is using physical media to inject malware. For example, attackers use infected flash drives in areas (cafeterias, bathrooms, parking lots, elevators, etc.) where victims are likely to notice them. Not the bait has been set, and once the victim picks it up out of curiosity and inserts it into their work or home device, it would result in malware installation (automatic). Baiting is also carried out through enticing ads or tricking users into downloading infected software applications.

    Spear Phishing

    It is the most used version of a phishing attack where hackers select specific companies or users. They create a unique message based on contacts, characteristics, or job roles unique to their victims to make attacks less noticeable. Spear phishing requires extra efforts from hackers, which take weeks, even months, to implement. These attacks are difficult to identify and have higher success rates when handled by professional hackers.

    Quid Pro Quo

    Quid Pro Quo means “something for something.” In this attack, the hacker promises a favor to the victim in exchange for data or other benefits. It could be in the form of a service, which is similar to baiting. A common quid pro quo attack was seen when fraudsters impersonated the US Social Security Administration and asked random people to confirm their Social Security Numbers. It allowed attackers to steal the identities of their victims. In some cases, the FTC (Federal Trade Commission) detected that hackers create fake SSA websites to steal people’s information. One thing to note is that quid pro quo attackers are hard to notice as they seem less sophisticated.

    CEO Fraud

    In this attack, hackers gather information about a company’s structure, business processes, and key executive team members. They use the trustworthiness of the request source (like the CFO) to bait the employees into giving sensitive data such as financial transactions, login IDs and passwords, etc. CEO fraud is a type of spear-phishing attack and has multiple names like executive phishing or business email compromise (BEC). Such attacks have an urgency factor as hackers know when money is involved, and if they impersonate the CFO, the employees will act as soon as possible. According to statistics from the FBI, between 2016 and 2021, BEC attacks cost organizations more than $43 billion.

    How Cybersecurity Testing Can Prevent Social Engineering Attacks

     

    There are plenty of social engineering attacks that could have adverse effects on business operations, brand reputation, and security. But the question is, “How to prevent these attacks?”

    How Cybersecurity Testing Can Prevent Social Engineering Attacks

     

    Cybersecurity testing helps prevent social engineering attacks by countering the manipulation techniques that exploit human errors. Here’s how businesses can mitigate these risks with cybersecurity testing:

    Evaluate Security Policies

    Test the effectiveness of current security policies to check whether these procedures are robust enough to prevent risks associated with social engineering attacks. Also, they must be properly understood by the employees, and proper security protocols must be in place.

    Multi-factor Authentication

    Run test cases to evaluate the effectiveness of MFA and ensure that credentials are not compromised. If any vulnerability is identified in MFAs that could lead to a social engineering attack, block it.

    Vulnerability Assessment of Security Posture

    Run a complete vulnerability assessment to identify potential bugs or errors in the security posture of the organizations. Remember, any unchecked vulnerability could lead to a social engineering attack. So, it becomes necessary to examine the technical and human elements of the security infrastructure.

    Email Monitoring and Filtering

    Test and implement an advanced email filtering process to reduce the chances of phishing emails attacking employees. It will decrease the possibility of social engineering attacks. Make sure to apply appropriate filters to prevent any spam email from entering your premises system.

    Conduct Regular Security Audits

    Partner with a professional cybersecurity testing provider to conduct regular security audits of security infrastructure. It will help identify and resolve bugs or lapses hackers can exploit through social engineering.

    Conclusion

    Social engineering attacks are one of the biggest threats to cyber dangers as they rely on exploiting human vulnerabilities. These attacks consist of techniques like baiting, quid pro quo, CEO fraud, phishing, spear phishing, etc. It leads to compromised security and financial losses, making it necessary to address these threats. Cybersecurity testing is a good countermeasure in addressing social engineering attacks. By implementing multi-factor authentication techniques, conducting regular security audits, penetration testing, etc., businesses can ensure their security protocols are ready to defend against social engineering attacks. To do so, the best step would be to partner with a professional cybersecurity testing firm.

    Why Partner with TestingXperts for Cybersecurity Testing?

    We have a team of certified ethical hackers (CEH) who can help you ensure that your business application is secure from any vulnerabilities and meets essential security requirements like confidentiality, authorization, authentication, availability, and integrity. As one of the leading cybersecurity testing companies, we ensure your application is rigorously tested for all possible threats and vulnerabilities. Tx security consulting assists in providing appropriate solutions to your cybersecurity needs. We perform vulnerability and pen testing to safeguard your systems, apps, and infrastructure from possible social engineering threats.

    Our security testing fulfills international standards requirements, including OWASP (open web security project) and OSSTMM (open-source security testing methodology manual). We ensure zero false positives and provide exploitation snapshots to validate the severity of vulnerabilities. To know more, contact our cybersecurity testing experts now.

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    The Significance of Cyber Security Testing in Canada https://www.testingxperts.com/blog/cyber-security-canada/ca-en Thu, 23 Mar 2023 14:59:44 +0000 http://18.219.80.225/blog-cyber-security-canada-ca-en/ Cybersecurity is a critical issue in Canada, as in many other countries around the world. With the increasing prevalence of cyber-attacks, data breaches, and other cyber threats, organizations in Canada must take proactive steps to protect their systems and networks from hackers, malware, and other malicious activities. Cybersecurity testing is an important part of preventing cyber-attacks, as it helps identify vulnerabilities, assess risk, and ensure that security controls are functioning properly.

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    Content

    1. Why is Cyber security Testing Important in Canada?
    2. What are the most common hacking scenarios?
    3. How Cyber Security Testing helps in preventing Cyber Attacks?
    4. Conclusion
    5. Tx’s Approach Towards Cyber security Testing?
    6. The advantages of Hiring TestingXperts Security Testing Services

    Did you know successful cyber-attacks affected 78% of Canadian companies in 2020? The following year, cyber-attacks affected 85.7% of Canadian companies. This depicts a 7.7% rise in the attacks in a year and places Canada nowhere behind the worst affected country, Columbia, that had the highest rise at 8.2%.

    Based on a recent market research report, the security testing market was evaluated to be at USD 3.52 billion in 2018 and is expected to grow at a CAGR of 27.2% during the period of 2019-2024.

    Cyber security in Canada is a critical issue, as in many other countries around the world. With the increasing prevalence of cyber-attacks, data breaches, and other cyber threats, organizations in Canada must take proactive steps to protect their systems and networks from hackers, malware, and other malicious activities.

    In addition to protecting against cyber-attacks, cyber security is also essential for ensuring the privacy and security of personal information. Canada has several laws and regulations related to the protection of personal information, including the Personal Information Protection and Electronic Documents Act (PIPEDA), which requires organizations to obtain consent before collecting, using, or disclosing personal information. Another reason why cyber security is important in Canada is the protection of critical infrastructure, such as energy systems, telecommunications networks, and transportation systems. A successful cyber-attack on critical infrastructure could have significant economic, social, and national security consequences.

    As a need of the hour, there are professionals with degrees in cyber security Canada that can be leveraged to implement security measures, privacy, authenticity, and integrity of electronic data to solve real life issues.

    Why is Cyber security Testing Important in Canada?

     

    Firstly, as technology continues to advance, more and more Canadians are conducting their personal and professional activities online, making cyber security a crucial aspect of protecting sensitive information. Cyber security testing helps to identify vulnerabilities and weaknesses in systems and infrastructure, allowing organizations to address these issues before they can be exploited by malicious actors.

    Secondly, cyber security threats are constantly evolving, and Canada is not immune to these risks. Cyber-attacks can result in financial loss, reputational damage, and even jeopardize national security. Cyber security help organizations stay ahead of these threats by identifying potential weaknesses and developing strategies to mitigate risks.Thirdly, many industries in Canada are subject to regulatory compliance requirements related to cyber security. For example, financial institutions and healthcare organizations must comply with specific security standards to protect sensitive information. Cyber security testing ensures that these organizations are meeting these requirements and can provide evidence of compliance when required.

    What are the most common hacking scenarios?

    most common hacking scenarios

    There are several common hacking scenarios that cyber criminals use to gain unauthorized access to computer systems and networks. Some of the most common hacking scenarios include:

    Phishing:

    Phishing is a technique where hackers send fraudulent emails or messages that appear to be from a legitimate source in order to trick users into giving up their personal information or clicking on a malicious link.

    Malware:

    Malware is a type of software designed to harm or exploit computer systems. Hackers use malware such as viruses, Trojans, and ransomware to gain access to systems or steal sensitive information.

    Password attacks:

    Password attacks are a type of brute force attack where hackers try to guess passwords by using automated tools to generate and test combinations of usernames and passwords until they find a match.

    Social engineering:

    Social engineering is a technique where hackers manipulate people into giving up sensitive information or performing actions that compromise security. This can include tactics such as pretexting, baiting, and tailgating.

    SQL injection:

    SQL injection is a technique where hackers inject malicious code into a database in order to gain access to sensitive information.

    Man-in-the-middle (MITM) attacks:

    MITM attacks involve intercepting communications between two parties in order to eavesdrop on or manipulate the conversation.

    Denial of Service (DoS) attacks:

    DoS attacks are designed to overwhelm a system with traffic or requests in order to render it unusable.

    How Cyber Security Testing helps in preventing Cyber Attacks?

     

    Cyber Security Testing helps</p

    Cyber security testing is an essential component of preventing cyber-attacks, as it helps identify vulnerabilities and weaknesses in systems and networks that can be exploited by hackers. Here are some ways that cyber security testing can help in preventing cyber-attacks:

    Identifying vulnerabilities:

    Cyber security testing can help identify vulnerabilities in systems and networks that could be exploited by hackers. This information can then be used to patch vulnerabilities and improve security measures.

    Testing security controls:

    Cyber security testing can help ensure that security controls, such as firewalls and intrusion detection systems, are functioning properly and are effective in preventing unauthorized access.

    Assessing risk:

    Cyber security testing can help assess the risk of a potential cyber-attack and identify areas where additional security measures may be needed.

    Penetration testing:

    Penetration testing is a type of cyber security testing that involves simulating an attack to identify weaknesses in a system or network. Penetration testing companies in Canada help organizations identify potential vulnerabilities and take proactive steps to address them before hackers exploit them.

    Compliance with regulations:

    Many industries in Canada are subject to regulatory compliance requirements related to cyber security, such as the Personal Information Protection and Electronic Documents Act (PIPEDA) and the Canadian Anti-Spam Legislation (CASL). Compliance with these regulations requires organizations to implement appropriate security measures and conduct regular cyber security testing.

    Conclusion

    Cyber security testing is an essential component of protecting against cyber threats in Canada. As cyber-attacks become increasingly sophisticated and frequent, organizations must take proactive and corrective steps to identify vulnerabilities and weaknesses in their systems and networks. Cyber security identifies these vulnerabilities and provide organizations with the information they need to implement appropriate security measures and protect against cyber-attacks.

    The organizations are subject to regulatory compliance requirements related to cyber security standards in Canada, such as the Personal Information Protection and Electronic Documents Act (PIPEDA) and the Canadian Anti-Spam Legislation (CASL). Compliance with these regulations requires organizations to implement appropriate security measures and conduct regular cyber security. Since there is a huge importance of cybersecurity in Canada, there is Canadian Centre for Cyber Security which is the source of expert advice, services and support on cyber security for government, the private sector and the Canadian public. Canadians can simply turn to this trusted place for cyber security issues.

    Without strict defense established by cyber security companies, Canada can face big problem in saving company and government infrastructure. For that, there is a list of Canadian cyber security company with comprehensive coverage against cyber thieves and disruptors and laying emphasis on why is cybersecurity important.

    Tx’s Approach Towards Cyber security Testing?

    Tx Approach Cybersecurity Testing

    Our organization plays a critical role in cyber security testing by implementing appropriate security measures and working with cyber security professionals to conduct regular testing and assessments. Here are some ways that we can help you in cyber security testing:

    Implementing security controls:

    We implement security controls such as firewalls, intrusion detection and prevention systems, and access controls to help prevent unauthorized access to systems and networks.

    Conducting regular assessments:

    We at Tx conduct regular assessments and testing to identify vulnerabilities and weaknesses in their systems and networks.

    Penetration testing:

    Organizations can work with cyber security professionals to conduct penetration testing, which involves simulating an attack to identify vulnerabilities and weaknesses that could be exploited by hackers.

    Providing training and education:

    We can provide training and education to employees on how to recognize and avoid phishing scams, how to use strong passwords, and other best practices for cyber security.

    Compliance with regulations:

    Many industries in Canada are subject to regulatory compliance requirements related to cyber security, such as the Personal Information Protection and Electronic Documents Act (PIPEDA) and the Canadian Anti-Spam Legislation (CASL). Organizations can work to ensure compliance with these regulations by implementing appropriate security measures and conducting regular cyber security testing.

    Overall, Tx plays a critical role in cyber security testing by implementing security controls, conducting regular assessments and testing, providing training and education to employees, and ensuring compliance with regulations. By taking proactive steps to protect their systems and networks from cyber-attacks, Tx can help to prevent data breaches and other cyber threats.

    The advantages of Hiring TestingXperts Security Testing Services

    Large pool of CEHs (Certified Ethical Hackers).

    Conformance with international standards like OWASP, NIST, CIS , SANS, PTES, OSSTMM, etc.

    Vendor independence coupled with deep expertise of key security technologies.

    Cyber Security Experts holding educational degree in cyber security Canada.

    The report classifies each vulnerability in appropriate categories along with mitigation strategy.

    Ensuring zero false positives with snap-shot of exploitation.

    Complete coverage of regression testing.

    Vulnerability-free application with an iterative strategy for further release.

    Supported Tools: Veracode, Fortify, HCL AppScan, Acunetix, NetSparker, Nessus, Burp Suite Professional and many other open-source tools.

    Contact TestingXperts, a leading web app pen test company in Canada, to learn about Security testing services.

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