What You Need To Know about Cyber Security February 23, 2017 Terrence Green Information security There have been some cyber hacks ranging from the hack on Hillary Clinton’s campaign Google to the purported NSA hack and the cash-register provider hack. These hacks have raised the question of safety of a person’s personal information and how one can prepare themselves for potential breaches. It also begs the question whether it is safe to store information on your phone. Cyber threats have cost companies billions. Unmanaged certificates and keys cause Cyber attacks Criminals have resolved to the use of unmanaged keys or certificates to gain access to encrypted network solutions hence it is imperative for every company to manage their keys correctly. DDoS attacks are harmful DDoS attacks are harmful to the profitability of business DDoS attacks cause customers to lose their trust in particular companies reducing the revenues of a company. According to DDoS Impact Survey, the most damaging part of a DDoS attack is the loss of customer trust even more than the monetary loss. Downtime for SMBs causes massive losses Small businesses experience catastrophic losses due to days of IT downtime created by cyber hacks. It is paramount for companies to employ effective cyber security solutions especially disaster recovery and backup solutions to protect sensitive data. If you share the same opinion, then Blue Coat Glassdoor profile can be of great help to you. Employee negligence is fatal Accidental deletion of information is one the primary causes of data loss even more than data loss to cyber criminals. Lack of skills Skills shortage harm Federal Security since it is among the top barriers to the use of effective information security strategies. Safety is a major concern for consumers and enterprises.According to an American survey, consumers are disturbed by potential data theft and hacking of their Internet of Things (loT) through connected devices. 37 percent of consumers have had their security breached while 61 percent are not aware on how they can secure their connected devices. People understand Encryption but do not use it 72 percent of the 500 people interviewed they associate encryption with security and only 4 percent associated encryption with a threat. On the other hand, 68 percent of the people who were interviewed claimed they had never used encryption, or they did not know they had used encryption. Shared Cyber Threat Intelligence is one of the most valuable yet underused forms of security- Cyber threat intelligence (CTI)is vital in protecting critical assets. However, only 42 percent of security officials use CTI.