Editor’s Note: As of January 2022, iland is now 11:11 Systems, a managed infrastructure solutions provider at the forefront of cloud, connectivity, and security. As a legacy iland.com blog post, this article likely contains information that is no longer relevant. For the most up-to-date product information and resources, or if you have further questions, please refer to the 11:11 Systems Success Center or contact us directly.
Cybercrime is growing more and more…and people are aware of it. A Gallup study shows that United States citizens are more worried about cybercrime than they are about immediately life-threatening crimes, such as murder or terrorism.
The consequences of cybercrime take longer to fix, and more companies are losing more because of it. As a result, cybercrime costs organizations, companies and governments billions of dollars each year.
What is cybercrime?
Cybercrime is a crime that involves a computer and a network. Issues surrounding these types of crimes have become high-profile. In particular, those surrounding hacking, data loss and integrity, system outages, and others.
How does cybercrime affect companies/organizations?
When data is compromised, it becomes a serious problem that can result in a large number of consequences for the company/organization, as well as its employees, associates and customers. For instance, one of the consequences can be loss of revenue which can really take a toll on any company or organization.
What are the types of cybercrime acts? Examples include:
- Fraud committed by altering, destroying, stealing, or suppressing information to secure unlawful or unfair gain
- Hacking that involves the partial or complete acquisition of certain functions within a system, network, or website
- Ransomware known as one of the most destructive malware-based attacks
- DDoS (Distributed Denial of Services), which is one of the most popular methods of hacking
How to prevent cybercrime? Commit to preparedness.
Cyber defenses can be strengthened in three areas—data, physical security, and people and process. A multi-layered, defense-in-depth strategy can help. No single solution can possibly do it all. “Defense-in-depth” strategies are being adopted in order to remove single points of failure. These layers ensure that your data is secure and protected from multiple entry points.
How can 11:11 Systems help?
11:11 Cloud is a self-service cloud infrastructure built to meet the dynamic needs of your business, whether short or long-term. Built on VMware vCloud technology and accessed through the 11:11 Cloud Console, it is designed to support a variety of workloads, disaster recovery and compliance needs. Cloud shouldn’t be a trade-off between security and flexibility. Now, you can extend the rigor of your on-premise security and compliance practices into the 11:11 Cloud, without compromising control, visibility, or auditability. With 11:11’s dedicated, multi-layered approach to security and data protection, including backup and disaster recovery, you can improve your resilience to cybercrime and quickly respond in the event of data loss or data theft.
In conclusion, the question really is no longer if, but rather when, a data breach will occur that impacts your data. Undoubtedly, cybercriminals will gain access, whether through a breach of your own systems or that of a third-party. Awareness, combined with technological advances, is key for fighting cybercrimes. It is challenging to stay ahead of these malicious events. Rest assured you can quickly mitigate or eliminate a security incident by:
- Focusing on current and potential threats
- Capitalizing on innovative technologies to help with proactive alerting
- Being aware of organizational vulnerabilities
- Taking precautions to safeguard all data and network access points
Don’t let your company become an easy target for crafty cyberthieves. Above all, take control now to protect all that you’ve built today for tomorrow.
To learn more:
Webinar: Cybercrime is on the rise – 11:11 Cloud services