2020 Edition Vol7 Issue 24 DIGITAL

TECHNOLOGY
The Use Of Technology To Enhance
Business Security By Samuel Ouma
Business enterprises all over the world are facing severe threats from cybercrimes. They have
incurred huge financial losses and experienced working disruption as a result of hacking, data
breaches and malware infections caused by the cybercriminals. The technological revolution has
changed the way we do business. No matter the size of your business, technology plays crucial
roles in the achievement of your objectives, which are the profits.
No system is foolproof due
to the internet; any person
has an ability to infiltrate
and compromise your system.
Cybercriminals do not target
specific companies, both small
and big ones are at risk.
With technology, firms
effectively communicate
with their customers,
understand cash flows and carry
out research plus many other roles.
However, with the advent of the
internet, enterprises’ security is in
limbo. A study carried out by the
University of Maryland in the US
shows that there is a rise in the
attack of computers by malicious
hackers. The research reported
that an average of one computer is
attacked in every 39 seconds.
Ransomware is also a matter of
concern for many companies. In its
2018 annual report, ENISA Threat
Landscape said that 39 per cent
of global data breaches caused by
malware were ransomware. The
report indicated that the virus hit 15
per cent of businesses in the top 10
industry sectors such as education,
financial services, government,
manufacturing, transport,
entertainment, IT and healthcare.
For instance, 17 per cent of the total
UK healthcare breaches were caused
by ransomware.
“58.8 per cent of the respondents to
a security incident was using tools
for ransomware prevention and 83
per cent of them claimed that these
tools were helpful to them,” stated
2018 ENISA Threat Landscape
report.
No system is foolproof due to the
internet; any person has an ability
to infiltrate and compromise your
system. Cybercriminals do not
target specific companies, both
small and big ones are at risk.
Yahoo, Equifax, an American credit
company, Sony and Adobe are
some of the largest firms that have
borne the brunt of a cyber-attack.
However, Small and Medium-size
enterprises are major causalities
because they lack the strong
financial backbone to install security
measures to prevent the criminals
from infiltrating into their systems.
As the cybercrime rears its ugly face,
measures should be put in place to
counter any form of a cyber-attack.
Even though cybercrimes evolve
annually with new threats emerging,
Kata Kata Cartoon Magazine assures
you that if you incorporate one of
the following security measures
your enterprise might be safe - but
not at 100 per cent.
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2020 Issue 24 SPECIAL EDITION Kata Kata cartoon magazine