In the age of digital warfare, successful businesses always stay connected with modern risk management techniques and also keep themselves abreast of a variety of risks that can affect their earning and business continuity.

Cyber space is continuously evolving and so are the attack techniques employed by the attackers to harm a business, whether financial or reputational. With the increased malicious activities on the internet, cyber security is not a 9-to-5 job anymore. It requires continuous security monitoring of your organization’s technical infrastructure so that even if a security incident occurs, it is contained immediately and mitigated without causing large-scale damage to the organization.

If an organization properly implements a SIEM solution, it efficiently draws attention towards warning signs as well as suspicious activity within the network. With the ever-evolving cyber space, continuous security monitoring has become exceedingly important. The benefits of SIEM also extend to understanding business and technology environments, monitoring availability and performance, issue diagnosis, and creation of a report on network activities.

With a colossal surge in cyber-attacks and high reliance on technology in this digital age, ensuring the security of data and information have become a daunting task. Cyber threats are accelerating significantly even faster than the enhancements businesses are making. Computer networks have become bigger and their interconnectivity using a Wide Area Network (WAN) is worldwide due to globalization.

In the previous steps, analysts have gathered enough data to answer their hypothesis. Two types of situations can occur. Either the real threat is found or the vulnerability is detected. In both cases, analysts action is necessary. The analysts must respond immediately when a real threat is identified. However, if there is any vulnerability, they should also resolve this before it becomes a really big nightmare.

Over the past many years, cyber threats have become greater in frequency and more sophisticated than ever. Current security mechanisms are based on traditional reactive approaches such as antivirus programs and firewalls who react once the incident has occurred. Under such circumstances, intruders have a chance to compromise your network either partially or entirely.

With over 80 million players globally, Fortnite stands out as an undisputed champion when it comes to online gaming. Fortnite has been developed by Epic Games, an American game developer. However, it seems that the same cannot be said for Epic Games when it comes to security and protection of user data. Fortnite accounts for around 50% of Epic Games’ estimated value of $8.5 billion.

Cybersecurity is a continuous phenomenon. New countless threats emerge every day and cybersecurity analysts continually develop a fast, reliable, and sophisticated techniques to thwart these notorious threats in order to prevent financial loss and reputational damage. According to the Analysts, like the previous year (2018), 2019 will also witness the increase in data breaches.

The previous year (2018) witnessed an overwhelming number of cyber-attacks and data breaches that affected millions of customers across companies, including customers of household names like Uber, Facebook, Reddit, British Airways, and the Marriott hotel chain. Even governmental organizations were no exception.

France’s national data protection authority (CNIL — Commission Nationale de l’informatique et des Libertés) ordered its first sanction under the EU’s General Data Protection Regulation, or as commonly called as the GDPR. In this sanction, the CNIL fined Google a whopping €50 million because of Google’s failure to comply with the GDPR provisions when a user sets up his new Android phone and follows the subsequent process.