How is your business's digital security doing?

Is your business's digital security in good shape? If not, be cautious! BugHunt explains why you NEED to invest in cybersecurity.

How is your business's digital security doing?

Digital security is an integral part of any workplace today. From email and financial transactions to professional networks and collaborative work documents.

Permeating almost every corporate environment, businesses rely on technology to connect with the market and conduct work effectively. Thus, digital security is crucial.

After all, when these lines of communication are threatened or even compromised, the impact on business can be disastrous. That's why not only large companies need to be concerned about cybersecurity.

Moreover, implementing digital security measures is quite challenging today because there are more connected devices than people, and attackers are becoming increasingly creative.

Given this context, we invite you to read this article and discover some of the main reasons why you should be concerned about and invest in your business's digital security. Check it out!

The Concept of Digital Security

Digital security can be defined as a set of actions focused on ensuring the protection of data. In a business context, it aims to focus on both the organization and its clients.

Another role of digital security is to protect systems, networks, and programs. As mentioned earlier, today it is not easy to implement this set of actions—let alone keep it fully operational.

Due to the numerous connected devices and countless users accessing in real-time and simultaneously.

People, processes, and technologies need to work together for cybersecurity, especially to prevent a virtual attack against an organization.

There is a method to achieve this, which we will discuss next. Continue reading!

People

In this area, users need to understand and be fully aligned with the basic principles of digital security. These include: selecting strong passwords, being cautious with email and social media, and backing up data.

We have also prepared a useful resource on this topic that can help raise awareness among your colleagues: Tips for Digital Security for Company Employees.

Processes

A solid structure is essential to handle a virtual attack. This robustness will help protect systems, identify, detect, and respond to potential attacks.

And if necessary, recover from successful attacks.

Technologies

Another crucial aspect is ensuring that companies and individuals have the necessary security tools to protect against any virtual attack.

In the realm of technology, there are three entities that need protection: endpoint devices (such as computers, smart devices, and routers), networks, and the cloud.

Typically, the tools used for this include:

  • Next-generation firewalls
  • DNS filtering
  • Malware protection
  • Antivirus software
  • Data Loss Prevention (DLP)
  • Network Access Control (NAC)
  • Email security solutions

The Importance of Digital Security

In our connected reality, it is natural to have advanced virtual defense programs. Whether at an individual level or not, a digital security breach can result in anything from identity theft to extortion attempts and loss of important data, such as family photos.

All depend on important infrastructure, such as power plants, hospitals, and financial services companies. The security of these and other businesses is essential for maintaining the functioning of society.

And the work done by bug hunters, for example, is beneficial to society as a whole.

Information security experts, these professionals detect and report vulnerabilities through Bug Bounty programs or legal means, thus working to improve overall information security and help keep the internet safer.

To learn more, visit: Meet the Brazilian Bug Hunter.

Digital Security in Brazil

With the General Data Protection Law (LGPD) in place, digital security in Brazil is governed by respect for privacy, ensuring fundamental rights to inviolability of intimacy, honor, image, and private life.

In other words, the legislation addresses the handling of data by individuals or entities, public or private, and encompasses a wide range of operations performed manually or digitally. This applies to anyone in our country.

A study conducted by IBM shows that 6 out of 10 Brazilians have reported data leaks or know someone who has.

Therefore, it is clear that having good digital security is important to ensure the internal protection of the company and its clients.

Watch Out: Major Threats to Digital Security

Having full knowledge of the main threats related to digital security is the key to strengthening a company's systems based on business needs.

Here are the main threats:

Phishing

This practice involves sending fraudulent emails that appear to come from trusted sources. For example, criminals use the names and visual identities of banks and financial institutions to send emails and steal confidential data such as credit card numbers and login information.

This is one of the most common cybercrimes today.

Malware

Software designed to gain unauthorized access or cause damage to a computer.

Social Engineering or Spoofing

This is a tactic used by cybercriminals to manipulate and obtain confidential information.

Social engineering can be combined with any of the threats listed above to manipulate the victim into clicking on links, downloading malware, or trusting a malicious source.

Digital Security as a Business Strategy

In addition to being fundamental, promoting digital security can be a leverage and business opportunity for your company.

After all, one of the criteria adopted by most—if not all—customers is the credibility that the company demonstrates to the market.

This is because no one wants a disappointing post-sale experience or to risk having issues with a product.

Thus, the main goals of cybersecurity as a business strategy are:

  • Protect those who access company data
  • Focus on containment and prevention of data leaks
  • Reduce improper circulation
  • Assure clients of the company's good practices and provide security and comfort during the purchase

Protecting Your Company in 3 Steps

The market is full of practices that reinforce, and even guarantee, the digital security of your business.

However, these vary from simple models to more complex ones, but all can significantly reduce the risks of security breaches.

Here are the main tips:

1. Implement Fraud Prevention Systems in Daily Operations

These tools are designed to detect fraud and scams in virtual environments.

This protection is essential for all companies, especially e-commerce sites.

Implementing an anti-fraud system in e-commerce is crucial to ensure the security of customer data as well as the company's own data.

2. Remember Digital Certification

Focused on identifying people and companies in digital environments through cryptographic keys and access passwords. It allows you to authenticate your credentials across different systems, proving it is indeed you accessing them.

This certification can be applied in various ways, such as:

  • SSL/TLS Certificate: Protects data exchanged on pages and virtual environments
  • Timestamp: Verifies the date and time of electronically signed acts
  • Code Signing: Ensures the integrity of software and application code, showing it is an original, unaltered, and secure copy

3. Cloud Storage

Without a doubt, this is the most important tip on digital security: cloud data storage.

Working with the cloud offers numerous advantages for companies regarding digital security, thanks to the robust technologies used by this solution. An example is the ability to keep servers more resilient and reliable.

But of course, like any solution, it's important to understand what it offers to ensure it meets your company's needs.

Want to Invest in Digital Security? Count on BugHunt!

It is entirely possible to invest in digital protection and security in a simple and practical way without having to worry about how to do it—that's what we're here for!

Making your company a BugHunt partner, Brazil's first Bug Bounty platform, means your business benefits from the work of various experts constantly analyzing your systems for vulnerabilities, anticipating potential cyberattacks.

Now that you understand the basic principles of cybersecurity, how you can intervene in your organization's digital security, and are interested in protecting your company, BugHunt can help.

Explore our platform!