The Rising Costs of Cybersecurity Breaches
Business leaders face what could arguably be the greatest threat in the history of modern commerce: catastrophic cybersecurity breaches that cost $600 billion a year globally. As “digital” become synonymous with business and our personal lives, the attacks show little sign of stopping. In fact, attackers are only getting smarter, faster and more aggressive.
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​Worldwide spending on cybersecurity is predicted to exceed $1 trillion for the five-year period from 2017 to 2021. Cybersecurity Ventures predicts global annual cybercrime costs will grow from $3 trillion in 2015 to $6 trillion annually by 2021, which includes damage and destruction of data, stolen money, lost productivity, theft of intellectual property, theft of personal and financial data, embezzlement, fraud, post-attack disruption to the normal course of business, forensic investigation, restoration and deletion of hacked data and systems, and reputational harm
Service We Provide
Internal Vulnerability and Penetration test
Internal vulnerability and penetration test helps an organization identify and remediate vulnerabilities within their IT environment before hackers and thieves gain access to, modify or destroy confidential information. ThreatFalcon Internal Vulnerability Scanning services help our clients manage their vulnerabilities more rapidly and cost-effectively.
Application Vulnerability and Penetration test
Web applications are the critical systems of many networks. They store, process, and transmit data. They are also vulnerable to hackers who can find vulnerabilities. So, the question becomes how secure is your web application? And how comprehensively has it been tested?
Cloud Vulnerability and Penetration test
You may have moved data to the cloud. But that doesn’t mean your responsibilities for securing it are gone. In a hybrid cloud environment, where some data is stored locally while some lives in the cloud, security must be assessed wherever information resides. Penetration testing probes for weaknesses that could compromise security, perhaps leading to a data breach.
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Forensic Analysis
Hackers use technology to hide their illicit activities and to move funds across jurisdictions and around the globe. Their operations are complex and they have significant resources to help them evade detection. Digital forensics is necessary for law enforcement and investigation, but also have applications in commercial, private, or institutional organisations.
Dark Web Monitoring
With the dramatic increase in large 3rd party data breaches impacting commonly used business systems including LinkedIn, Dropbox, Yahoo, JP Morgan, Lynda.com, Evernote and Slack, to name a few, it is important for business today to continually monitor the dark web to ensure your organization's credentials are not for sale.
SOC as a Service
Security Operations Center (SOC) is now an essential part of the protection plan and data protection system that reduces the level of exposure of information systems to both external and internal risks. Without SOC services, cyber-criminal attacks can remain hidden for a long time as companies may not have skills to detect and respond to threats in a timely manner.
Policy development
Many businesses find identifying a starting point to safeguard against cyber criminals to be a challenging task. Putting cybersecurity policies in place represents the starting point that your organization needs. Cybersecurity policies represent management’s strategy to establish an information risk management regime that identifies the security risks it faces and the standards for dealing with those risks.
External Vulnerability and Penetration test
External vulnerability scan is important because it allows you to identify weaknesses in your perimeter defences, such as a firewall or website and also exposed servers or hosts. Vulnerabilities in your perimeter defences and exposed servers make it easier for cybercriminals to break into your internal network, putting both your systems and your data at risk.
Cybersecurity Awareness Training
Staff well-trained in cybersecurity poses less of a risk to the overall security of an organization’s digital network.
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Fewer risks mean fewer financial losses due to cyber-crime. Therefore, a company that allocates funds for cybersecurity awareness training for employees should experience a return on that investment
Phishing Assessment
Phishing simulation guards your business against social-engineering threats by training your employees to identify and reporting phishing emails. Phishing emails are used to steal sensitive information, distribute malware and spyware through links or attachments that can steal information and perform other malicious tasks.
Business continuity management is essentially a form of insurance. It gives your organisations the comfort of knowing that, even if disaster strikes, it won’t be devastating.
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Without a management system in place, a disruption isn’t only a major hassle and a source for reputational damage; it could also lead to extensive delays that may well cause irreparable financial damage.
Third-Party Risk Assessment
Third-party breaches result in the highest damages. In other words, when data leaves an organization (due to a breach) companies face steeper obstacles to recovery. Targeted attacks, compromised infrastructure, and cloud computing are three top vulnerabilities for third parties. Subsequently, the companies hiring such third parties are also at risk.
Risk Assessment and Gap Analysis
The key to effectively minimizing cybersecurity threats and their impact on your organization is achieving and maintaining the right security level. For most small to mid-size organizations, figuring out what the right security level actually is, can seem like a daunting task. With so many security solutions available to choose from, knowing where to start can often be the most difficult part of the process. This is where conducting a cyber risk assessment comes in.
Incident Response
Incident Response Plan in place is a critical part of a successful security program. Its purpose is to establish and test clear measures that an organization could and likely should take to reduce the impact of a breach from external and internal threats. With a successful incident response program, damage can be mitigated or avoided altogether