Empowering managers with cyber knowledge

As the digital world continues to grow rapidly, cybersecurity is a priority for businesses to protect their data. Cyber threats can bring significant consequences to an organization such as financial losses, reputation damage etc. Unfortunately, many believe that by incorporating a strong security solution, any risk can be avoided, but the most important factor is to empower the workforce, especially the executives, regarding cybersecurity.

By referring to the workforce, we are not only addressing the IT teams, but also the executives of a company who are responsible for the practices and strategies that a company should follow. With proper training, in case of an emergency, executives will be alert and know what to do and what instructions to give. In collaboration with IT teams and employees, any consequences can be avoided, and a safe digital environment will be created.

The cybersecurity landscape is more vulnerable than ever with new threats emerging and confusing. Let’s look at the most common risks and mistakes that are made by executives:

• Phishing attacks. They are one of the most popular cyber-attacks. Through a malicious email that tricks employees into logging into addresses it contains, many organizations have fallen victim to it, resulting in the spread of sensitive information.
• Weak passwords. Passwords are at the first line of defense and if they are weak, hackers can enter the infrastructure very easily. It is especially important to create complex passwords and use a two-factor authentication app.
• Ransomware. It is a type of malware that enters the system and encrypts the company’s data, demanding a ransom payment for the decryption key. Once it invades, it forbids users from accessing their files.
• Wi-Fi connection. It is particularly important that employees are informed about the risks of using a public Wi-Fi network. In the case of remote working, they should have a reliable VPN installed that will safeguard the company’s sensitive data.
• Reluctance to Report. Every business should create a culture of proactive reporting where employees understand the importance of the situation and do not hesitate to report any cybersecurity incidents.

Overall, cyber threats are constantly increasing, leaving businesses in the dark and not properly prepared. Business executives, who are not properly trained and tend to invest in other areas, are also responsible for this. Regular training and awareness of new threats can create a workforce which is alert and dedicated to protecting the infrastructure from any risk. In this effort, managers must lead the way and guide employees every step of the way, often dedicating time to cyber risk awareness seminars.