The Importance of Cyber Hygiene in Cyberspace

From the InfoSec Institute:

The Importance of Cyber Hygiene in Cyberspace

The drastic increase in the frequency of cyber attacks on financial systems, the healthcare industry and large and small scale industries have raised concerns about security at every level of an organization. A recent Australian Securities and Investments Commission (ASIC) “Cyber-resilience health-check” report says that industry feedback will further tighten the financial services and other regulated sectors. Organizations need to be better-prepared to respond, adapt to and recover from unprecedented cyber-attacks. These attacks are escalating across the data-driven, mobile, Internet and cloud-based services’ sectors, says ASIC. Cyber criminals and hackers are trying different types of malware based attacks on their victims. Recently, ransomware, a type of malware has been making rounds as a popular hacker trick to take over a victim’s computer and blackmail for cash.Crypto-ransomware has become a popular way to extract money from victims who inadvertently download the malware. These new variants of malware allow cyber criminals to launch multiple types of attacks on individuals and organizations.