Considering the kind of world we live in today, with digitalisation, use of technology in every aspect of our lives, and the threats that come with it, it is essential that we know about cybersecurity.

There have been several incidents that you can look up where cyber frauds in India have occurred.

Defining the Term

When you protect your systems, programs, and networks, from the various digital attacks that arise, it is known as cybersecurity.

If you want to ensure the Confidentiality, Integrity, and Availability (“CIA Properties”) of your information, then you must invest in a cybersecurity system.

During cybersecurity attacks, the attackers aim at destroying, gaining access, and changing the sensitive information that businesses and private owners have stored on their networks.

Ensuring that no unauthorised personnel gets into the network is a challenge, but a necessary one at that.

It needs to be addressed with caution.

Any business should implement cybersecurity practices and should keep them at the peak of advancements.

The Importance of Cybersecurity

If we want to reduce the number of cyber frauds in India that are recorded every year, then every business, big and small, will need to invest in cybersecurity.

Today, the scenario is such that we have become highly dependent on technology. This has led to an increase in the amount of data collected in each minute.

Both government and businesses are known to store data on computers and share it across networks with other computers.

Now each device will come with its set of vulnerabilities, which ideally must not be exploited, but when done so, the organisation can be affected in such a way that it may never recover from the blow.

The secrets of a business may expose and harm its reputation amongst peers of the industry and its clients and customers.

A business may lose its competitive edge when its intellectual property and critical data is put at stake. The corporate revenues that it earns may also be affected since the business did not think it was essential to comply with data protection laws and cyber laws of India.

You may have observed that a lot of high-profile breaches have been recorded in the last year. You want to be investing in a proper cybersecurity system to avoid being listed on the cyber frauds in India.

The Purpose

Every large or small organisation, as well as an individual, should be keen on investing in a cybersecurity system.

While it is seen that most of the larger organisations are targeted for breaches and to steal confidential information, smaller businesses aren’t entirely safe from them either.

Even if you are a small business, slowly climbing the ladder to becoming big, you should concern yourself with a proper security posture. You do not want your network to become vulnerable to viruses or other malware.

Various Ways of Losing Your Data

You know how we say, prevention is better than cure, right?

Well, not understanding the ways in which your business may lose its data, is the beginning of a series in which you see the consequences of your lack of knowledge.

Here is a list of things that go wrong and how you lose confidential data:

• Scammers are known to send spam messages with a link that have you trapped in their web. When you click on these links, your personal data becomes available to be sold to unauthorised links and other businesses or people may use it to cause harm to your reputation.

Cyber frauds in India are known to be carried out by this age-old method for years, and it seems like people don’t learn. We want you to be safe from these people.Talk to our experts today!

• When apps are left alone, not updated for a while, or even using outdated devices for your work, maybe the reason your business becomes the face of the target. Through malware, hackers can cause a lot of damage to both the device and your business.

• Unauthorised links are those links that only have HTTP in their URL. These are the ones that have not been secured like their counterparts that have HTTPS in their URLs. When you enter sensitive information in one of these unsecured links, you put yourself in a situation where your data could be stolen.

Threat Vectors Related to Cybersecurity

If you don’t already know what a threat vector is, hear us.

A path that is used by hackers to enter a network or computer system so that they can deliver a malicious outcome is known as a threat vector.

Now, these attack vectors are known to enable unethical hackers to take undue advantage of the vulnerabilities of the system and the humans who operate it.

Here are a few attack vectors that you should know about to stay safe from the cyber frauds in India:

• Browser extensions that are not supported
• Personality tests and other quizzes that are published online
• The various portable storage devices used in a business, internally
• Websites that have already been infected with viruses or malware
• Advertisements that contain malware
• Orphaned accounts

The Elements Associated with Cybersecurity

The field of cybersecurity is always changing, and there is only one way for us to keep up with it.

We must also ensure that our systems evolve with it.

You must have sound coordination with the entire information system, including:

• Network security which prevents, detects, and responds to the various threats that arise in the system, by using IT services, security policies, and software tools.
• Application security includes aspects related to decreasing the possibilities of an unauthorised code manipulating the several applications used in a business.

When these systems work together, they keep your business off the charts of cyber frauds in India.

• With end-user education in play, directives are provided to have the employees learn about the actions they should or should not take to protect the assets involved in the business.
• When we talk about information security, you can be sure that your data will be protected in spite of being in transit, while it is processed, or even when it is resting in storage. Information security will also keep your data safe without talking about its format.

The Benefits of Investing in Cybersecurity

During the entire article, you must have figured that having cybersecurity systems installed for your business is essential.

As a summary, here are the benefits that you should keep in mind so that your business may keep functioning without security breaches or stolen data:

• Network and data will remain protected
• The company will gain more confidence in itself and its functioning
• Staying safe from malware, social engineering, ransomware, etc.
• In case of a breach, the recovery time is reduced
• Digital assets remain safe from unauthorised users
• End users are protected and
• The users personally identifiable information or PII is also protected

Cyber laws & Information Security Consultants can provide help with dealing with the after-effects of a cybersecurity breach, but leaked information cannot be brought back. CLS is a premier organisation in cyber law advisory, cybercrime consultancy, cyber law compliance audit, cybersecurity services, cyber forensics services, cyber training, cybercrime investigation in India that could lend a helping hand.Contact us to know more!