Data breaches – main reason for closing companies

Data breaches are one of the top concerns for organizations today. The costs of these gaps continue to rise, with the average global cost of a single gap hovering around $ 3.62 million. Beyond the financial consequences of a breach, network security is also very important to any business because an attack can compromise the trust of its customers.

In fact, 60% of small businesses go out of business within six months of being the victim of a data breach or cyber attack. With the financial security and future of your business at stake, it is crucial that organizations of all sizes have measures in place to monitor suspicious network activity.

Large companies generally don’t close due to a huge cybersecurity Data breaches. They can often get by with the firing of their CEO, CIO. Small and Medium Businesses May Close or Go Bankrupt Due to a Cyber ​​Security Breach.

Suspicious network activity can refer to a number of different behaviors involving abnormal access patterns, database activities, file changes, and other unusual actions that may indicate an attack or data breach. Being able to recognize these activities is important as it can help identify the source and nature of the breach, allowing you to act quickly to correct the security threat and minimize damage.

Suspicious activities to watch out for:

▸Account abuse: Privileged account abuse is one of the most common signs of an insider attack, and symptoms to look out for are modified audit trails, shared account access, and unnecessary access to confidential information.

▸Database activity: Abnormal database activity can be caused by internal or external attacks, and crucial signs to watch out for include changes to your users, changes in permissions, and unusual growth of data content.

▸File changes: File configuration changes, including file replacement, modifications, addition and deletion, is a classic sign of a data breach, because it indicates that someone has infiltrated your network and is trying to avoid being discovered.

▸Unexpected network behavior: This is another sign of an attempted infiltration from outside sources, and you need to be on the lookout for traffic with strange sources or targets, protocol violations, unexplained changes in network performance, and unauthorized scans.

---