[JFerguson]

this article shows that 79% of enterprises have had an identity related breach in the past two years.
https://www.forbes.com/sites/louiscolumbus/2020/09/06/the-state-of-identity-security-2020/#31f5d42d3f36

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[AmeliaGrey]

A data loss is one of the greatest threats businesses face. This kind of cybercrime may also lead to bankruptcy — and it does not show any signs of slowing.

Indeed, a 2019 study by IBM Security and Ponemon found that the average cost of a data breach has risen by 12 per cent in five years. That is a worldwide whopping $3.92 million. Companies lose up to $1.42 million of that amount, or 36 per cent of the global average. Breaches an average of $2.5 million for small and medium-sized companies.

For data breaches to be prevented, companies need to recognise cyber threats and do anything to prevent them. Here are some best practises for cybersecurity

Using tougher safety concerns

Security problems prevent the imposters from completing the verification process. Be sure to follow the best practices on security matters in our infographic.

Multifactor authentication (MFA) allowed

Using a mix of elements such as biometrics, SMS / text messages , emails and security questions for the best user sign-ins. Using extra protective measures, such as text verification, email verification or security codes dependent on time.

Strong password development procedure

Enforce a strict password protection policy that includes:
To secure the organisation’s network.
Requirement to have password history
Minimum Length of password
Expiry password updates

You can read more in detail about these cybersecurity best practices for enterprises:
https://www.loginradius.com/blog/2019/10/cybersecurity-best-practices-for-enterprises/

• This reply was modified 5 months, 2 weeks ago by AmeliaGrey.

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