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Cyber Attackers Use Social Engineering Techniques to Defraud Victims
A recent report has highlighted the most common types of errors that lead to data breaches, with misconfigured knowledge databases and lack of access controls taking top spot. But how can attackers use this technique to defraud their victims?
According to experts, social engineering attacks are a significant threat to organizations, particularly those in education, where sensitive information such as personal identifiable information (PII), bank routing details, health records, research data, and more is at risk.
In one recent example, an unauthorized party gained access to Connecticut College’s students’ and employees’ personal information, including social security numbers. This highlights the importance of protecting sensitive data from cyber threats.
How Can Organizations Improve Cybersecurity?
To mitigate data breaches, organizations can take several steps:
Six Ways to Mitigate Data Breaches
1. Cybersecurity Awareness Training
Provide employees with specialized training on recognizing new social engineering techniques and educate managers on preventing human error.
2. Secure Configuration of Enterprise Software and Assets
Protect sensitive databases and servers, manage access rights, and keep security status up to date.
3. Deploy Access Control Management Solution
Restrict user access to databases to prevent data misuse and stop cyberattackers from entering your systems.
4. Deploy Account Management Tools
Monitor account activities in real-time and use multi-factor authentication to verify user identities.
5. Leverage User Activity Monitoring
Monitor user sessions in real-time or review recorded videos with metadata to detect and prevent malicious activity.
6. Manage Third-Party Activities
Implement third-party vendor security risk management best practices and monitor all accounts and activities of partners who may have access to sensitive data.
Ekran System: A Universal Insider Risk Management Platform
By deploying Ekran System, organizations can effectively manage insider threats, detect and prevent malicious activity, and receive real-time alerts on suspicious user activity. With our full-cycle insider risk management platform, you can:
- Provide employees with cybersecurity awareness training
- Secure configuration of enterprise software and assets
- Deploy access control management solution
- Deploy account management tools
- Leverage user activity monitoring
- Manage third-party activities
Conclusion
In today’s digital age, any organization possessing sensitive data is under threat of being breached. Whether it’s human error, privilege misuse, third-party vulnerability, or credential theft, Ekran System can help manage all these risks and more using a single solution.
Try Ekran System today and see why clients from 70+ countries already use our universal insider risk management platform to detect and prevent insider threats. Request access to the online demo now!