KTC Consulting Inc.

Insider threats: Not as uncommon as you think When we speak of cybercrime and data theft, we typically think of seasoned cybercriminals. But you’d be surprised to know that the cause of businesses becoming victims of cybercrime is most often their own employees--sometimes on purpose, sometimes inadvertently. Remember Bob from accounting who was let go? Or the new intern who worked for 3 days and never showed up? Yep! They could engage in cybercrime activities to ‘get back at you’. Many businesses have been victims of cyberattacks brought on by disgruntled employees, both current and ex. No matter who attacks you virtually, whether it is a seasoned cybercriminal or an employee who is simply upset with the kind of coffee your office coffee machine makes, becoming a victim of cybercrime causes you a lot of damage. For starters it erodes the trust your customers have in your brand, it affects your brand negatively. If your data is held ransom, you have no choice, but to pay up the demanded...

Gaining a competitive edge during the pandemic The COVID-19 pandemic has been tough on everyone. The lockdowns, the need to follow social distancing--though indispensable--have been tough on individuals and also resulted in a lot of revenue loss to businesses. For SMBs though, this time has been particularly difficult, with a general downturn in the economy and the job losses, which has been affecting people’s ability to make purchases. In the middle of all these challenges, SMBs are grappling with yet another issue--the need to keep their business running, even remotely in some cases. A lot of businesses had a tough time adapting to the work-from-home setup. Since this sudden transition to the work-from-home model was largely unplanned, a lot of them became victims of cybercrime and many more are being targeted even as you read this. If you're one of those businesses that implemented the WFH model overnight, then it’s time you paid attention to the cybersecurity angle of it. Here ...

Best practices for remote desktop access Remote desktop access is an essential in these days when businesses are expected to be responsive to their clients almost 24/7. Moreover, there has been a surge in the remote desktop access practice with coronavirus pandemic. But, did you know that remote desktop access, while almost indispensable now, can threaten your network security? In this post, we discuss a few best practices that you should engage in for safe remote desktop access. Have your basics in place Make sure your security basics are covered. Your systems should be secured with the latest Firewalls, anti-malware software and up-to-date with all security patches and software upgrades. Another item on this list is passwords. Make sure you are following good password hygiene such as no password sharing, setting secure passwords, not repeating passwords, etc., Train your employees Train your employees who will be accessing your network via remote desktop connections to identify cyber...

Five reasons to invest in a password management system ASAP Password management tools are software programs that put up enough security and safety mechanisms in place to ensure there’s no password breach. Your employees can use the program to generate random, high-security passwords as per the industry best practices. They don’t have to worry about remembering them either, because these tools have built-in mechanisms to store the passwords securely and retrieve them automatically when needed. All passwords are encrypted and stored privately, so no one, other than the authorized user has access to their passwords. It takes care of timely password update reminders and password reset, so you don’t have to worry about them. Password management tools make it easy for you to enforce role-based access permissions. For example, a data entry executive may be able to enter data into the sheet only once, and may need authentication from the manager to edit the data, or only someone at the manager...

Eight common password mistakes to avoid Research points out that more 80% of data breaches happen due to password hacking, meaning that poor password hygiene is responsible for a majority of cybercrimes that follow data breaches. To make sense of this statistic better, let’s first look at what constitutes poor password hygiene. Using simple passwords Often passwords that are easy-to-remember are easy-to-hack. Do you use passwords such as password, password1234, delta123, etc.,? If yes, then you should be changing them at the earliest to something less obvious. Repeating passwords across platforms As another solution for remembering passwords, people tend to use one, single password universally. This dilutes the password even if it is a strong one. Plus, there’s always the risk of the password being hacked at one place and putting the data stored at all other places also at risk. Unauthorized password sharing Unauthorized password sharing for the sake of getting things done faster is a ...