How to Protect Your Business From Cyber Criminals

We had an incredibly informative and important day at 3aaa Stoke academy recently. Tracy Pound, successful business owner of IT Maximity and the 2016 winner of PRC’s Women of the Year award presented her masterclass on Cyber Security to our partnered employers, learners and staff.

Tracy’s masterclass made an influence on everyone in the room. Whether you are a large business owner or a teenager at school, technology is a part of everything we do. This is only going to expand further, meaning we must start to protect our online information and data.

What is Cyber Security?

Cyber security is the attempt to protect your cyber environment from others. Many different methods such as coding are used to do this, but as Tracy explained in her masterclass there are approaches that everyone with internet devices can do to shield information from criminals and hackers.

As Tracy has been working in the IT industry for more than 30 years, she has seen the dramatic evolution of technology. Now, in 2017, nearly all companies are classed as an IoT company. IoT is The Internet of Things and is basically anything that uses the internet to work, example; cars, phones and even fridges can now be an IoT.

Due to the development of technology and the effect it has had on revolutionising products and services, the internet is now a part of everything we sell, buy and do. The problem with this is that many of these companies need technological advances to keep up with competitors, yet they don’t understand the background of computing. Therefore, businesses are not putting the correct security measures in place to protect them from others hacking, or breaking, their technology system.

Criminals can break into an IoT device in less than 2 minutes, and when they do so, all customer information, financial information and more can be stolen.

This is why it is so important to educate businesses on cyber security. With an estimated 50 billion IoT devices being used worldwide in 2020, protecting our data and private conversations will be one of the main priorities for all businesses in the near future.

Why do cyber criminals hack our devices?

Cyber criminals hack into others IoT devices for many reasons including:

  • To commit fraud
  • For child grooming
  • Surveillance
  • Financial theft
  • Espionage
  • Cyberwarfare

How we can protect companies and ourselves

There are at least 4,000 cyber-attacks every day and unfortunately, it is much easier to hack into IT systems than it is to protect them. So, what can we do as individuals and organisations to stop this happening?

First of all, we need to know the facts to realise the extremity of the problem. Did you know that 1 in 131 emails are malicious? Or that hackers can put spyware into your IT system and watch what you are doing for at least 146 days before being detected? The usage of IoT is going to be in sectors and homes all over the world and this is why cyber security is paramount.

Business Information and Data

Companies are just as at risk of cyber hacks as individuals. Not only has it been estimated that IoT will bring £8 trillion to the global economy by 2025 but IoT devices will become more and more commercial in the near future. So how can companies protect their technology systems from cyber criminals?

Ethical hacking is the process by where a company hires a cyber security expert to perform hacking to identify potential threats on a computer or network. An ethical hacker attempts to bypass system security and search for any weak points that could be exploited by malicious hackers. If you are a business owner, you should consider hiring an ethical hacker to see how secure your network really is.

Following on from this, businesses need a highly qualified cyber security team. These people can do system updates and put the right programming into IoT devices to ensure that cyber criminals cannot access the data.  It may be annoying when your company receives a message saying you need to do a system update but they make a huge difference to your security.

Because of the constant advancement in technology, there will be 3.5 million unfilled cyber security jobs by 2021. This is triple the amount that there is now, meaning that cyber security is a great career to get into. We can only fill these important job roles by educating and supporting the next generation into cyber security careers.

Without cyber security experts, we could see a £321 billion cost to the global economy because of cyber criminals. We all must change our attitude to cyber safety and educate everyone on the right security measures to ensure societies, organisations and individuals are safe from harm.

If you’re interested in hiring a Software Developer, here is the information for employers, contact our Levy team today on 0330 124 3224 or apprenticeshiplevy@3aaa.co.uk

If you would like more information on Cyber Security, watch 3aaa Apprenticeships’ Playlist – “Cyber Security Masterclass with Industry Leader, Tracy Pound.”

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