Your business relies on digital technology, and as cyberthreats evolve and become more advanced, protecting your data with proactive, robust security measures has never been more important. A data breach can have a catastrophic effect on your company’s finances, productivity, and reputation, and may involve legal repercussions if industry regulations have been violated. Many of the threats businesses need to guard against originate in the internet realm known as the “Dark Web,” a breeding ground for criminal activity and a marketplace for stolen data.
The “Surface Web” that we all frequent is made up of public websites with indexed information accessible by search engines. There, internet use is tracked (via cookies and other methods) to create a “digital footprint” unique to each user. This footprint contains identifying information about online behavior, including geographical location and browsing history. Most of the tracked data is legally obtained and utilized for targeted marketing purposes. Hence, your online search for a particular sneaker results in a barrage of sneaker ads that follow you across multiple platforms.
What exactly is the Dark Web and what kind of information is available there?
The Dark Web is made up of encrypted sites that are only accessible using special software, providing a platform for anonymous–and often illegal–communication and transactions. This aptly named corner of the internet is home to scores of botnet servers responsible for Distributed Denial of Service (DDoS) attacks, identity theft, phishing scams, and spam emails, and serves as a repository for the illegally-obtained information. The data available for purchase on the Dark Web ranges from personally identifiable information (PII) like names, birth dates, and Social Security numbers, to financial data, like online banking passwords and stolen credit cards, to medical data that includes patient prescription history and test results, to confidential corporate data such as Intellectual Property (IP), patents, and other proprietary information.
If your businesses login credentials are circulating on the Dark Web, you’re at risk. Login information opens the door to unauthorized access of your networks and systems, where cybercriminals may steal data for resale and infect computers with malware that can cripple operations.
Is my business at risk?
Small-to-medium sized businesses, who may not prioritize cybersecurity–are especially vulnerable to attacks that can expose employee credentials and sensitive company data on the Dark Web. Studies show that 123456 continues to be the most commonly-used password. Other weak passwords that incorporate names, birthdates, or other personal details are easily cracked using one of the widely available password-cracking tools. No matter the size or nature of your business, if you’re online you’re at risk and should take precautions to prevent data theft. Often smaller companies lack the personnel or expertise to properly safeguard sensitive data, and this is where using a managed IT service can be invaluable to your business.
How do I know if company information is already on the Dark Web?
Managed IT services have tools available that will conduct a scan of the Dark Web to determine if your company’s data has been compromised. If employee credentials or other sensitive information is found on the Dark Web, there’s no way to tell whether it’s already been copied or sold, so removal doesn’t remove risk. The first step to mitigate the impact of a breach is to immediately make the stolen information irrelevant. This means changing all company passwords, and implementing second factor authentication or using a secure password manager. Weak or reused passwords are the most common vulnerability that criminals exploit. Managed IT services can help your business manage damage control, implement security protocols, and safeguard against future data breaches.
What can I do to protect my business from cyberattacks?
Employee Education
The first line of defense for every business is education, and its importance cannot be overstated. Comprehensive training to make sure employees understand the tactics used in data theft–including phishing scams and social engineering–is crucial, as is emphasizing the importance of password protection. Teaching employees at every level of your organization how to recognize and avoid potential cyberattacks will go a long way toward safeguarding your data.
Secure Devices
With many employees now working remotely, individual devices also pose a security risk. Your IT service will ensure that all devices connected to your network, including desktop computers, laptops, tablets, and phones, are protected with endpoint security solutions like antivirus software, firewalls, and intrusion detection systems. Employees should be educated about the use of secure wifi networks, VPNs, and encrypted communication to keep company information safe.
Access Control and Monitoring
Another priority is the implementation of strict access control. Define which employees can access sensitive data like financial information or customer records, based on their job roles and responsibilities. Even with these controls in place, round-the-clock monitoring is essential in order to catch any suspicious activity.
Proactive Prevention and Rapid Response
An IT management service can provide ongoing Dark Web monitoring that will routinely scan illicit platforms in search of your company data. This is a complex process that is best left to trained professionals, as accessing the Dark Web can unintentionally lead to increased security risk. Should a breach be detected, your service provider will have a rapid response plan in place to address potential problems before they can escalate into a crisis.
Don’t wait until your company’s sensitive information becomes a commodity on the Dark Web. The long term damage to your business from a data breach far outweighs the cost and effort involved to prevent one. We live in an age where robust and proactive security measures are essential in protecting your data. Partnering with a professional IT management service will provide peace of mind with the knowledge that all your bases are covered.
