If your cybersecurity strategy isn’t up to snuff, you will be exposing your business to financial ruin. Telecoms giant TalkTalk is a testament to the. The British firm is experiencing huge fallout after confirming the other day within an official statement that it turned out the latest victim of a bad major cybersecurity hack.
The embattled telecoms giant now faces an uncertain future with a multimillion-dollar legal payout in compensation looking likely. To create matters worse, the business will go through an enquiry by the info Commissioner’s Office into whether it breached the info Protection Act — an offense which posesses $750,000 fine. Coupled with a mass exodus of customers, cybersecurity experts estimate the breach may cost the business up to $115 million in lost revenue and other costs.
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So if all of this destruction was due to hackers, why would you ever consider hiring someone to actively attack your web network? Well, listed below are three points to consider.
Cybercrime is a rise industry. In 2014, the financial losses to the global economy could possibly be around $575 billion, according to a written report from McAfee. And it’s not only big businesses like TalkTalk that will be the focus of the devastating cyber-attacks. Microsoft’s Digital Crimes Unit reports that one in five small and medium businesses have already been targeted in the U.S.
Having a hacker working for you may be the difference between fending of a malicious attack and falling victim to a data breach that could bankrupt your company. But it’s not only any old hacker you will need — you will need an ethical hacker.
In the wonderful world of hacking, there are two sides. Using one side sits black hat hackers. They are the cybercriminals of the digital underworld who exploit individuals and attack company networks for nefarious purposes. On the other hand sits the ethical hackers, the nice guys actively attempting to protect businesses and governments from these malicious attacks.
These ethical hackers are computer and networking experts who work to recognize security vulnerabilities within their company’s personal computers and networks. Using the same tools and penetration techniques as their less-principled counterparts, an ethical hacker will test their organizations systems to discover weaknesses that malicious hackers could exploit. Then they document and offer actionable advice on how best to fix these vulnerabilities to boost the entire security of their organization, protecting them from the crippling consequences of a data breach.
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If you’re looking need an ethical hacker, you can typically hire in or train a preexisting employee.
Training a preexisting person in the IT department to build up ethical hacking skills is usually the preferred and less-costly option. EC-Council’s Certified Ethical Hacker course (CEH) can be an ideal option. It had been specially made to develop the mandatory skills. Attendees master a variety of hacking skills, getting hands-on with the latest tools and techniques. They beat a hacker by understanding how to think like one. CEH courses typically cost ranging from $1,500 and $3,500, according to the approach to training.
Hiring a practiced ethical hacker may be the second and more expensive option. According to Payscale, the common salary for a security professional in the U.S. with a CEH certification is $72,499 each year. Still, in the event that you consider that the common cost an individual data breach to be $6.5 million, the investment pales compared.
Whichever option you choose, don’t wait until it’s too late.
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