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Category Archives: Cyber Security

future proof your business

Future Proof Your Business with Technology

Today, we’ll address some of the ways you can future-proof your business with technology.

Specifically, we’ll explain:

  • What future-proofing is (in the business sense)
  • How to tell whether your business is future-proof
  • How to leverage technology to achieve this goal
  • What that technology is
  • Bonus trends you can implement to ensure future-proofing

So if you want to know the most effective ways of making your business remain relevant now and in the future, you’ll find them all right here.

Let’s begin!

What is future-proofing a business?

Future-proofing is a business strategy. The basic(dictionary) definition of future-proofing states that:

“If something is future-proof, it will continue to be useful or successful in future if the situation changes.”

To future-proof your business, you’ll have to adapt to present challenges without losing sight of any future pain points that may appear down the line. You’ll have to make changes to the structure, processes, people, and technology within your organization so that they don’t become irrelevant in the future.

This future-proofs your business by helping you create an agile organization that easily adapts and overcomes any challenges it encounters. One of the simplest ways to ensure a stable future of your company is to leverage technology.

How can technology help future-proof a business?

How to tell whether your business is future-proof

The first step to using technology for future proofing your business is to promote a positive attitude and the right understanding of new technologies. In fact, technology can help your organization to evolve and enhance inside work practices.

The future of work is to use automation to eliminate tasks that no longer require human engagement. This allows employees to focus on more complex operations, which raises output and efficiency, and saves your business time and money. An example is the automated marketing process. A forecast suggests that this will allow the marketing industry to grow up to $6.4 billion by 2024.

Whether you’re a startup or a large enterprise, using new technologies will make it possible for you to adapt to business industry trends and sudden disruptions, as was the COVID-19 outbreak in 2020.

Which technology should you look to implement?

future-proofing your business

Implementing a range of digital technologies helps businesses improve efficiency and security. The main thing to decide here is which aspects of the business need the most attention.

Let’s see some of the top technologies that you can adopt to secure the future of your firm.

Hyper-automation

Hyper-automation is a combination of machine learning, multiple software, and robotic process automation. These technologies create an intelligent system that can control and complete a variety of business processes. Basically, this enhanced system does menial tasks automatically, instead of your employees having to do them manually.

Multi-Cloud computing

Multi-Cloud computing means splitting data storage and management between several cloud platforms. Your company can split storage between multiple providers, or you can use a distributed cloud provider that distributes the data between multiple data centers. Distribution across multiple data centers protects your data and creates a secure remote working environment for everyone involved with the organization.

Cybersecurity

The threat of cyber-attacks against businesses is increasing as a result of the COVID-19 pandemic and the subsequent move to remote work. A lot of companies lose millions of dollars each year because cyber-criminals get unauthorized access to critical data and assets. To avoid this, you should invest in technology that can strengthen your company’s cybersecurity.

New trends in business that future proof business

trends you can implement to ensure future-proofing

Here are 3 emerging business trends that future-proof your organization:

#1 Engaging your employees

Employee’s represent a significant investment of a company’s time and effort. Low retention rates are forcing businesses to constantly hire and train new staff. Your company should be attractive to potential hires. You can get there by offering, training, bonuses and other benefits.

Keeping your employees satisfied can be a great way to future-proof your business. Besides having a consistent workforce, you will also enhance productivity.

#2 The rise of the data economy

Nowadays, companies have the ability to collect huge amounts of data related to various business activities. One way is to use data to gain a deeper understanding of your customers.

For example, you can use online surveys to collect information about customers’ needs. You can then leverage data analytics to generate meaningful insights and adjust sales strategies according to what your customers want vs. what you think they want. You can also use the data to implement UI and UX trends that future-proof your website, and create a personalized experience that’s also easy to use and navigate.

#3 The growth of virtual marketplaces

The way people buy goods and services is constantly changing. Thanks to the disruption caused by COVID-19, more people are shopping online now than at the height of the pandemic. In fact, according to a new survey by PYMNTS, nearly 36% of all U.S. consumers are buying retail goods over the internet.

This is why you have to move your goods or services offers online, and create an e-commerce store besides your bricks-and-mortar points of sale.

Is your business future-proof?

To answer this question, you’ll need to evaluate your organization:

  • Can you handle the disruption caused by COVID-19?
  • Are your sales figures down? Why are they dropping?
  • Can you support a remote working environment?
  • Did you dismiss some of your staff in 2020? Why?

Whatever your answer, the outlook isn’t bleak. A few simple adjustments and the right technology can remove all of these pain points.

And we can help you with that!

Demakis Technologies can help future-proof your business so it can overcome any of the modern challenges you face now and in the future.

Contact us right now to find out how our managed services can streamline the digital transformation of your business and make it bullet-proof for years to come.

Cyber-Attacks on Space

Cyber-Attacks on Space

Today, we will be discussing space security and the ways to protect space assets from cyber-attacks.

We’ll also explain:

  • Why certain systems are vulnerable
  • What the main threats to space infrastructure are
  • The possibility for you to travel in space
  • How to prevent terrorism cyber-attacks

Let’s dive right in!

Why are space systems vulnerable to cyber-attacks?

Much of the world’s infrastructure depends on space assets. Essential systems such as telecommunications, financial services, air transport, and weather monitoring need satellites, ground stations, and data transfer to function properly.

This dependence leads to several cyber threats:

  • Many space systems were created when cybersecurity wasn’t a priority. Those old systems have vulnerabilities like hardcoded credentials — used by ships, planes, and the military — which cybercriminals can access easily.
  • Spaceflight is slowly transforming from a public endeavor to a commercial industry. There are more commercial providers that offer a variety of services in space –which means more targets for cyber-attacks.

Satellite Security Threats

Cyber Attack on Space spoof

With the rise in innovative processes and spaceship technology, electronic and cyber threats are spreading.

The Aerospace Corporation points out that the main threats to space infrastructure are:

  • transmission of false data from an untrusted source
  • giving bad instructions to manipulate controls (spoofing)
  • interruption or delay in communication (jamming)

For example, take GPS. An attacker can find a way to command and control the uplink signal to a satellite. That way, he can spoof the downlink from a satellite and inject false data into a target’s communications systems.

  • Malware can be used to infect ground-based systems, such as satellite control centers

Space Travel and Cybersecurity

Nowadays, modern technology is making it possible for international organizations and even individuals to travel into space. That raises the question of cybersecurity and regulation of the activities of private entities in space. 

In August 2020, NASA’s SpaceX Demo-2 mission made it clear that space exploration is no longer a restricted domain. Besides flying astronauts into space, SpaceX’s Dragon Spacecraft will also carry private passengers to Earth’s orbit, as well as the International Space Station.

And the more spacecrafts connect with ground-based assets, the larger the attack surface will get in the future.

Space and International Security

Space cyber-attacks could interfere with the global economy and international security unless they’re prevented.

There are some space cybersecurity standards and regulations that already exist, including the Committee on National Security Systems’ information assurance standards for commercial satellites that carry classified or sensitive data.

The Trump Administration also released the Space Policy Directive 5 to offer the US Government’s comprehensive space cybersecurity policy principles to the world.

Future Cyber Security Threats

Cyber Attack on Space threats

When dealing with future space-based cyberthreats we need creative and innovative solutions.

The Future of Space Warfare

In the future, cyber warfare capabilities could become a larger challenge for several reasons.

Cyber warfare technologies are becoming an option for space warfare because they are getting cheap and easily accessible. Also, they can be developed faster than anti-satellite weapons.

An attack on satellites could have consequences of a much larger scale and lead to serious conflicts among nations that possess assets in space.

Preventing Cyberterrorism

Bill Malik, VP of Infrastructure Strategies at Trend Micro, presented some ways of preventing cyberterrorism:

  • To prevent jamming, satellite operators should have their communications repeatedly “hop” between frequencies
  • Increase use of GPS authentication, for ground-based systems that depend on satellite communication
  • Secure the information and data sent and received from satellites

How Can the US Prevent Cyber Attacks?

The US can help prevent cyberterrorism with:

  • A regulatory approach— setting up industry-led standards for collaboration across sectors that will enable counter-terror organization to share information and assess risks much better
  • International cooperation and partnership with former and new allies —to create sustainable norm frameworks for dealing with cyberterrorism in space

NASA Space Technology Roadmap 2020

Cyber Attack on Space NASA

NASA’s Integrated Space Technology Roadmap includes technology strategies and a wide range of pathways to advance the nation’s capabilities in space.

It includes the following 14 drafts of Space Technology Area Roadmaps:

  • Launch Propulsion Systems
  • In-Space Propulsion Technologies
  • Space Power and Energy Storage
  • Robotics, Tele-Robotics and Autonomous Systems
  • Communication and Navigation
  • Human Health, Life Support and Habitation Systems
  • Human Exploration Destination Systems
  • Science Instruments, Observatories and Sensor Systems
  • Entry, Descent and Landing Systems
  • Nanotechnology
  • Modeling, Simulation, Information Technology and Processing
  • Materials, Structures, Mechanical Systems and Manufacturing
  • Ground and Launch Systems Processing
  • Thermal Management Systems

This may be just the start. But if you want to learn more about this topic, please continue to check out our blogs.

Closer to Earth, cybersecurity is a problem, as well. That’s why it’s important to use services that can prevent attacks, make your business less vulnerable, and protect your data and assets 24/7.

We can help you with that!

Demakis Technologies offers a full cybersecurity service that protects your data and other vital resources.

Please contact us to find out more about this service, and one of our professional engineers will be glad to help answer any questions you may have.

Cybersecurity 2021

Cybersecurity in 2021

In this post, we’ll discuss cybersecurity in 2021. Specifically, we’ll address the top three threats to security you can expect this year:

  • Social engineering
  • Cloud compromise
  • Third-party software

But we’ll also show you the top cyber threat prevention strategies, including:

  • Cloud backup
  • Security frameworks
  • Building a cybersecurity team

So if you want to learn which cyber security threats and solutions you’ll come across in 2021, this article is for you. Let’s begin.

Top cybersecurity threats in 2021

Cybersecurity in 2021

The disruption following the outbreak of COVID-19 and the New Normal in business proved to be a serious threat to cybersecurity in 2020.

Let’s explore what we believe to be the top three threats to your assets this year.

Social Engineering

Social engineering emerged as one of the top computer security threats in 2020. In fact, one-third of all corporate security breaches last year included some kind of social engineering techniques. As businesses shift to a less secure work-from-home reality, these attacks will only persist in 2021.

Cybercriminals will use psychology and one or more social engineering strategies to convince people to freely give up money, information, or access to company networks. Typically, these tactics include:

  • Phishing
  • Spear-phishing
  • Baiting
  • Scareware
  • Pretexting

The main way of preventing attacks in 2021 will involve a combination of:

  • cybersecurity training for employees
  • using tools that can detect these attacks
  • upgrading security systems at remote locations

Cloud computing vulnerabilities

Cloud and Cybersecurity in year 2021 covid

As organizations go remote, even more of them will turn to cloud technology to support their remote operations. In fact, an additional 35% of companies plan to migrate their processes to the cloud in 2021. To reduce overhead, a lot of businesses had to subscribe to public clouds. This had, however, exposed the vulnerability of cloud computing.

Not enough companies had invested in cloud security. Cyber attackers used this opportunity to target cloud providers to access corporate networks and steal data. So one of this year’s challenges will be finding network security issues and solutions that raise the security of the public cloud.

Third-party software

In 2020, a lot of organizations had to adopt third-party software to accommodate remote work. For example, just the top 30 e-commerce companies in the United States connected to 1,131 third-party resources. But not all of these assets are 100% secure. If one SaaS solution is compromised, it can expose the entire ecosystem.

Cyber attackers can use these vulnerabilities as gateways to other domains and wreak havoc on businesses. In fact, a breach via third-party software in 2020 costed $4.29 million on average

Top cybersecurity solutions in 2021

Preventing cyber threats will be the goal for organizations this year. Thankfully, new solutions to cyber security threats and innovations are already emerging.

Here’s our pick of the top cybersecurity solutions you can expect to see in 2021.

Cloud backup

At the moment, cloud technology represents one of the greatest vulnerabilities for businesses. Among these, data loss presents a serious problem for companies in the remote environment. To offset the risks of data loss due to attacks, companies are turning to cloud backup.

Cloud backup services can automatically copy critical data to offsite cloud storage servers. The benefits of cloud backup include large storage capacities and affordable prices. In combination with a distributed cloud, you can raise the security of your cloud network.

This won’t prevent attacks, but the advantages of cloud backup will ensure your data remains safe across the entire business ecosystem, regardless of what happens.

Detecting attacks

Cybersecurity in year 2021 covid

Detection and not just prevention may be the biggest trend in cybersecurity in 2021. Already, systems are emerging on the market, including:

IT teams could potentially integrate Cloud SIEM and SOAR and use these tools to hunt for hackers before they can attack.

On the other hand, they could also adopt UEBA and use the tool to detect threatening behavior usually associated with cyber attacks.

Security talent acquisition

Who currently handles your cybersecurity?

As more companies move data and processes online, one of the best solutions to cybersecurity threats is talent acquisition. Specifically, cybersecurity experts can implement a security framework and ensure the safety of the entire tech architecture of your company.

From remote server maintenance to integrating Edge IT solutions to devices, having a security team on hand may be the most cost-effective investment you can make in 2021. Best of all, you can secure talent by outsourcing to a provider. In doing so, you’ll not only reduce the cost of onboarding but also minimize overhead.

How to mitigate common cyber attacks in 2021?

One thing is sure: cybersecurity should be at the top of your agenda for 2021. But if you don’t have previous experience, it can be hard to know where to start.

We can help you with that. Using our managed services will give you peace of mind, so you can do what actually matters – growing your business.

Ready to start protecting your most valuable tech assets? Contact us and let Demakis Technologies tend to your cybersecurity.

social engineering

Social Engineering

In this post, we’re going to talk about the most common social engineering attacks and different ways of stopping them.

We’ll also explain:

  • What is social engineering?
  • Why do social engineering attacks happen?
  • What do these attacks impact?
  • Worst cases of online social engineering.

So, if you want to know the most effective ways of protecting your company from widely spread social engineering attacks, keep reading.

Let’s begin.

What is social engineering?

Social engineering represents malicious (online) activities that trick people into revealing confidential information or providing access to resources (usually money).

RPA (robotics process automation) can be one of the solutions to this problem, as it can perform different manual tasks such as accounts validation and verification of incoming mail.

Examples of top social engineering attacks

social engineering cybercrime

Cybercriminals have learned various ways of convincing people to transfer money, provide information, or download a file infected with malware. Five of the most common social engineering attacks are:

Phishing

One of the most common types of social engineering attacks. Attackers use emails and text messages that contain links to malicious websites, or attachments with malware. It is hard to ignore these cyberattacks because they create a sense of urgency, curiosity, or fear among victims. In 2016, Verizon Enterprise reported that 30 percent of phishing emails were opened by the recipient and 13 percent of those clicked on the link or attachment. 

Spear-phishing

Spear-phishing targets specific individuals or enterprises. These attacks are much harder to detect because the email is signed and looks like one a victim would normally receive from their IT support, for example. As a test spear-phishing attack, a security consultant pretended to be an IT engineer. He found out that 85 percent of employees whom he contacted gave out information which he had requested. In one of the biggest social engineering attacks – Carbanak -attackers managed to record how the company’s system works and steal almost $1 billion dollars.

Baiting

Cybercriminals use physical media (flash drives with labels like “payroll list”) or online forms (appealing ads) to lure users into a trap. Those items seem beneficial but are actually loaded with malware.

Scareware

This type of attack often comes in the form of popup banners and alerts on the web browser. Users think their system is infected with malware, and they install software that should help them, but, in reality, is malware itself.

Pretexting

The attacker usually pretends to be a co-worker, company supplier, police, or bank official. In that way, attackers can easily get users to believe them and steal security numbers, personal addresses and phone numbers, or bank records from them.

The challenges of social engineering security

Social engineering incidents happen because of mistakes made by people. There are three top challenges of social engineering security are:

#1 Fear

Attackers use fear, stress, and anxiety that comes with filing taxes, for example, to send emails to victims stating they are under investigation for tax fraud.

#2 Curiosity

Cybercriminals use events and news to take advantage of human curiosity. They trick people into opening emails by offering leaked data about a current trend or topic. For example, when Robin Williams passed away, a phishing message invited users to click a link and see an exclusive video of him saying his final goodbye.

#3 Helpfulness

An example of this is when an email is sent out to the staff requesting an accounting database password to ensure the manager pays everyone on time, and employees take the bait and send it believing they are helping out.

How to stop social engineering attacks

social engineering attacks

There are different ways to stop these attacks from happening. Some of them are simple but go a long way in protecting your company.

  1. Don’t open emails and attachments from suspicious sources. If you don’t know the sender, don’t open it. If you know them, but are suspicious about the request, check and confirm they did send it before acting on the request.
  2. Multi Factor authentication can protect your account in case of an attack.
  3. Implement modern antivirus/anti malware software. It can identify and remove malicious emails before they reach an employee’s inbox.

How to prevent employees from avoiding security protocols

As a way to prevent employees from avoiding security protocols you should:

  1. Create security policies that clarify whom employees can share information with and how.
  2. Create official channels for staff to contact security and IT personnel.

How to train end users to avoid social engineering

Social engineering consequences can be prevented by informing employees and training them to detect and avoid them.

  1. Provide regular security awareness training that outlines common strategies that attackers use.
  2. Training should be personalized – employees should relate to content and situations used in it.
  3. Use simulations and tests to check how well employees are prepared to prevent these attacks.

If you’re worried about social engineering attacks, Demakis Technologies can help you!

Contact us to find out how you can use our cyber security services to protect you, your employees, your data, and your company from attacks.

cybersecurity threats and trends in 2021

Cybersecurity: Threats and Trends in 2021

Today, we’re going to take a closer look at cybersecurity. Specifically, we’ll see the top predictions for this year, and the cybersecurity threats and trends in 2021.

As the world recovers from COVID-19 and enters the new normal, it realizes a lot has changed.

How will those changes affect the safety of your digital landscape? And how will you be able to protect it?

Let’s find out.

Here are five forecasts for 2021 that you should keep track of:

#1 Remote work raises risks to cybersecurity

covid-19 cybersecurity threats 2021

There is no question that the shift to a work-from-home reality will continue to impact digital security. In fact, a Skybox report revealed that one-third of staff in 70% of organizations will remain remote 18 months from now.

Their dependency on cloud computing, and collaborative tools such as Slack, Skype, and Zoom will continue to be a risk factor. And the lack of sufficient oversight may cause further problems to cyber safety.

Left on their own, employees will put convenience over security first. They’ll use unsecured channels to transfer sensitive data, and personal devices and home routers to handle those data flows.

Without robust IT support, these security shortcuts will continue to pose a threat and a good opportunity for cyber criminals to seek easy targets for maximum damage.

#2 Cloud security becomes the new focus area

As businesses turn remote, the rate of cloud adoption will continue to accelerate in 2021. In fact, 35% of companies plan on stepping up migration to the cloud, according to a survey by Rebyc.

To combat cybersecurity threats and trends in 2021 to the evolving cloud infrastructure, we’ll see companies increase spending on cloud security; which could double in comparison to 2020.

According to Gartner, another trend that may emerge is the “distributed cloud” model. In this hybrid model, businesses will migrate data to both the public and private cloud, which could benefit cloud security in a remote setting.

#3 The threat of Business Email Compromise (BEC) endures

cybersecurity trends in 2021

BEC isn’t among the latest cybersecurity threats. But we may see a surge in attacks over the coming months as more people use both their personal and professional emails to conduct business remotely.

And while people may be aware of BEC, working from home makes them vulnerable to this type of attack.

The lack of security and a lax attitude of employees at their remote offices makes them the ideal targets for cybercriminals.

In such an environment, it’s easy for attackers to replicate known sources. They can then send seemingly legitimate requests and scam people to freely hand over money or data, and in doing so, exploit the general negligence of the remote workforce.

Using IT security services can help you prevent BEC attacks, and safeguard your business.

#4 Death by cyber-attack could become a possibility

Future cyber security threats may evolve with real-world implications, as human lives are placed at risk from cyber-attacks.

Last year in Germany, a homicide investigation followed a cyber-attack in a hospital in Düsseldorf. The attack caused a systems shutdown which may have been the reason for the death of a patient there.

It’s still unclear whether the investigation will lead to prosecution. But if it does, it will be the first registered case of someone dying as a direct result of a cyber-attack.

#5 Detection, not just prevention or protection

cybersecurity in 2021

Despite these increased threats, new hope may arrive for cyber-defense. In 2021, we may see renewed interest in systems that detect cyber-threats, not just those that prevent them or protect you from cyber-attacks.

One such detection technology trend is Cloud SIEM (Security Information and Event Management). With SIEM tools, IT teams could potentially use the system to hunt for attackers and expose them before they gain access to valuable data.

Businesses could integrate these tools (and others like it) into a broader cybersecurity ecosystem, as well.

Thanks to SOAR (Security Orchestration, Automation, and Response), IT teams could augment tools like Cloud SIEM.

They can then, for example, use it to collect data about top security threats and create defenses that automatically respond to potential attacks.

Another tool that may see a wide-scale application in 2021 is UEBA (User and Entity Behavior Analytics).

Cybersecurity professionals could use UEBA’s deep learning to analyze patterns in user behavior. Based on these patterns, users can create models that detect behavior associated with cyber-attacks.

If you’d like to learn more about the Demakis Technologies cyber-security detection and prevention plans, contact us!