How to Secure Your Data with the Right Vulnerability Management

How to Secure Your Data with the Right Vulnerability Management

Vulnerability management is essential for businesses that want to prevent information leaks. Where should you start?

With an increasing number of cyberattacks every year, stolen and leaked data has been a growing concern for many companies.

Regardless of the size, businesses have to operate with a lot of information that is circling their networks and systems. The most concerning is the sensitive information of clients, employees, and the company itself.

A lot of the information is readily available online — where perpetrators can easily find it. It might be on your social media or company website. More sensitive information that has been revealed in previous breaches can even be found on the dark web and hacking forums.

So, how do criminals get to that data?

The most probable way that data is going to be breached is via hacking. Cybercriminals find the security points and exploit them to get into an organization and steal data.

Could this happen to your business? It could.

To prevent incidents, it’s crucial to have the proper protection that can guard the business you build. However, this is only the beginning of security because all the tools and people you have employed also need to be managed. Also known as vulnerability management, it is crucial to identify, classify, prioritize, remediate, and mitigate possible vulnerabilities. We will take you through a few important steps of this process.

Setting up your security framework

You might already be familiar with this stage if you’ve already chosen the basic tools, written protocols, and trained teams to manage your security.

If your company doesn’t yet have the solutions that keep your data safe (and defend systems from possible cyberattacks) it’s something you need to set up.

But where do you even start?

Every company is different and will require versatile solutions. The key to setting up a strong base for strong security is layering.

Have tools that protect all parts of the system — including your cloud, remote employees’ home devices, and anything else that can be hacked.

For smaller businesses, the basic firewall and antivirus can be enough. However, as you scale, you’ll need more complex security to cover every tool that you use to protect data, workers, and clients.

Once you have the tools, focus on the protocols — the guidelines that your teams have to follow. They depict how to handle cyberattacks and make sure that you have complied with the regulations such as GDPR.

Larger companies have a complex system that has to be managed by a professional team that specializes in cybersecurity. 

Here, the last step is in choosing the talented members for the IT team that will manage the security and continually improve it — make it work for the company.

Scanning for vulnerabilities and fixing flaws

Setting up the security points that cover all your devices is not enough. You have to continually seek weaknesses in your security and networks — manage your vulnerabilities.

For context, this might include:

  • Making sure that all the tools work properly
  • Discovering leaked business intelligence online
  • Training your employees

It’s important to discover flaws before they cause major incidents, such as stolen data or a cyber breach. They have to be found early as well because the more time passes, the larger the damage and cost for affected companies.

How to detect vulnerabilities?

Uncover flaws in your systems by testing the security you already have. You can do that with manual penetration testing or automated solutions such as Breach and Attack Simulation (BAS).

Testing will confirm if your organization is ready for new attacks depicted in the MITRE ATT&CK Framework, as well as well-known hacking methods.

After scanning for the weak spots in your security, it’s necessary to patch up any parts of the system that may lead to a successful cyberattack and repeat the process.

Developing cybersecurity culture in your company

A healthy cybersecurity culture is important because all breaches are essentially the result of human mistakes, but it also helps your IT teams.

Dedicated cybersecurity experts can have a hard time keeping up with all the changes in the industry, as well as your company. Any new update or hacking method can cause a vulnerability and put your company at risk. 

Cyberattacks can occur in the middle of the night, and it’s vital to mitigate the incident in real time.

Nurturing the cybersecurity culture within the company is a helpful way to unburden and motivate overworked teams that guard your security.

Start with: 

  • Basic cybersecurity training for all employees
  • Creating a safe space for your employees where they can freely report a possible incident

The basics of cybersecurity hygiene prevent many easily avoidable incidents such as downloaded malware from phishing emails or easily cracked passwords.

Even with cybersecurity training, mistakes can happen. Create a culture in your company that makes it easy to report possible breaches and errors.

Conclusion

To set up strong cybersecurity foundations, cover all the systems and devices you use to work with the solutions that can protect them. 

Tools such as malware protection and firewalls are your first line of defense. They can deter known threats such as common viruses and even prevent common attacks from damaging your business.

After setting up your systems, ensure that they are properly handled to uncover any weaknesses early on.

Vulnerability management includes scanning for the possible threats, making sure that the tools you have work as they should, that people who operate the security software know how to use them, and removing flaws from your system.

Lastly, keep in mind that all successful hacking is the result of human mistakes. They might stem from the lack of basic employee training or poor working conditions of your cybersecurity teams.

With that in mind, protection of the business from possible data leaks is also about forming a great security culture in your company. Safe spaces for your teams will enable you to discover flaws early, as well as help you to keep the best talent within your organization.

Sam Makad is a business consultant. He helps small & medium enterprises to grow their businesses and overall ROI. You can follow Sam on Twitter, Facebook, and Linkedin.

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