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Shedding light on Cyber security…

Author:

Terry Edmunds

Date:

20 Mar 2024

We are thrilled to announce that the Development Bank of Wales has chosen Espanaro to collaborate on a crucial article addressing Cyber Security.


In this insightful Q&A piece, Espanaro, sheds light on the pressing questions surrounding cyber security faced by businesses today.


Drawing on the teams expertise in systems engineering, software engineering, and systems integration within the Defence sector, Espanaro offers invaluable insights to safeguard your digital assets and fortify your cyber security measures.


Here are the key takeaways from the article:


Common Cyber Security Threats: Espanaro highlights prevalent threats such as phishing attacks, ransomware, malware, insider threats, and improperly configured security systems that pose risks to businesses of all sizes.


Impact of Cyber Attacks: The article emphasises the financial losses, reputational damage, and legal consequences that businesses may incur due to cyber security breaches, emphasising the importance of compliance with regulations like GDPR.


Detection and Prevention Strategies: Espanaro provides actionable advice on detecting and preventing cyber attacks, including employee training, network security measures, regular security audits, software updates, access control, encryption, and incident response planning.


Employee Training: The article stresses the significance of ongoing employee training, offering guidance on initiating training programmes and raising awareness about cyber threats tailored to different employee groups.


Incident Response Plan: Espanaro outlines the essential components of an effective incident response plan, including immediate actions, role responsibilities, forensics procedures, reporting processes, and recovery strategies.


Password Security: Instead of complex password requirements, Espanaro suggests adopting a three-word approach for creating memorable yet secure passwords, alongside promoting the use of password managers and secure storage methods.


Support Resources: The article recommends resources such as the UK’s NCSC, cybersecurity frameworks like NIST and ISO/IEC27001, industry-specific standards, cybersecurity consulting firms, and cybersecurity insurance to bolster businesses’ cyber resilience.


Don’t miss out on this invaluable resource to enhance your cyber security posture and protect your business from evolving threats. Read the full article below: 


#CyberSecurity #BusinessProtection #Espanaro #DevelopmentBankofWales #UKBusinesses #DataProtection #RiskManagement


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