Cyber Risk Management Solutions

It’s important to understand the network security threats and solutions that are a potential threat to your organization. Here is a list to help you defend your organization. 

network security threats and solutions

Network Security Threats and Solutions

Network security threats have become very common and widespread. Most companies are vulnerable to these threats and it is not a matter of if they will be impacted by it, but rather when they will be impacted.

According to Radware’s Global Application and Network Security Report 2018-19, the average cost of cleaning up a cyber attack was estimated to be $1.1 million.

IBM’s report on cybersecurity states that the cost of each stolen sensitive record in the year 2018 was nearly $148, which is an increase of 4.8% from the previous year.  In addition to costing considerable money, these network security threats and attacks can undermine your business drastically.

It can cause brand damage, loss of productivity, erode customer’s confidence, etc. The number of companies facing network security threats is on the rise. The current article discusses the most common types of network attacks and how network solutions can help to address them.

Types of Network Security Threats

Network threats and attacks can take many different forms. The most common types of network security threats are as follows:

Denial of Service (DoS) Attacks

Denial of Service attacks is a series of attacks in which the hackers try to misuse the legitimate services. Hackers can use DoS attacks to ensure that the users or organization cannot access the services of a resource which they would normally expect to use. DoS attacks are quite common and consist of a significant proportion of entire network attacks globally. The most common and standard method employed by the hackers for attempting a DoS attack is to simply overload the resources with a large number of illegitimate requests for service which can make the system crash.

Brute Force Attacks

Brute force attack is a powerful way of gaining access to a network. In this method of network attack, hackers try to breach the network security by using a trial and error method to guess the system’s password. The brute force attack software uses all possible combinations to figure out the password for a computer or network server. This method does not employ any innovative way to crack the password.

Identity Spoofing

Identity spoofing is also commonly known as IP address forgery. The hackers obtain access to user’s IP address and makes necessary changes to the packet headers which makes the regular host appear to be the source. Hackers can also make use of specially designed programs which can construct IP packets that appear to originate from valid addresses within the company intranet.

SSL/TSL Attacks

Transport Layer Security (TSL) is a mechanism which ensures safety and integrity of data being transmitted between the server and the client. It provides strong authentication for both the parties. The purpose of an SSL/TSL attack is to eavesdrop on and intercept the sensitive data exchange which takes place between the server and client. The attackers are able to gain access to the sensitive data and unencrypted information. SSL/TSL attacks are common forms of network threats and account for nearly 6% of all the analyzed network attacks.   

Phishing Attacks

Phishing attacks have become quite common in the recent times. Hackers or unscrupulous elements create fake email address or websites which appear as the authentic address or website to the end user. The hacker sends emails by using the name of the business which is perceived as authentic communication by the recipient. The recipients are urged to click on malicious links which leads them to fake and potentially dangerous websites. The hackers can easily obtain the login and other sensitive information of the end users on their websites and use this data for their advantage.

Why You Need Network Solutions

As already discussed, network threats and attacks can have a severe monetary and non-monetary impact on your business. It is becoming difficult for organizations to keep themselves secure from hackers in this growing digital world. Network solutions help you to protect your network from these malicious hackers and keep your company’s sensitive information safe and secure.

Features of a Good Network Solution

Network solutions provide protection to your networks from different types of potential attacks and threats. Some of the key features of a good network solution are as follows:

Identify and Detect Threats

Network threats can manifest in the form of targeted attacks and can be designed to circumvent the technologies and solutions which are in place for identifying and blocking them. once these malicious elements are inside your network, you will need to develop a clear understanding of the individual attack components to address them. It is always beneficial to identify and detect the potential threats earlier which helps you to prevent the attack. A good network solution does the same and provides you better protection.

Monitor and Respond Continuously

Network threats and attacks have become inevitable. It is highly likely that organizations will face network threats at some point in time. It is important for a good network solution to identify the potential threats and limit their impact on the business. in order to counter network threats, network solutions should be proactive and respond quickly and continuously once the network threat and security incident has been identified.

Prevent Attacks

Hackers are getting smarter by the day. They are evolving fast and the malware being planted by them keeps on changing its source code dynamically. This makes them difficult to detect and counter against effectively. An ideal network solution should take note of this ever-evolving source code of malware and should have an adaptive architecture which keeps evolves dynamically with the changing environment. This ensures that the network solution is providing you protection against dynamic malware and similar threats.

Integration

There are different network solutions available in the market with different features and due to the complexities of network threats, one solution may not be sufficient. A flexible and good network solution should offer excellent compatibility and integration with other security tools from different vendors. This ensures that all the different network solutions and tools used by you, integrate together and work as a single protection system providing you robust protection from potential attacks and intrusions on your networks.

 

Defend Your Organization from Network Security Threats