The jargon around cybersecurity is cryptic and confusing, which is exactly what criminals want. But understanding these terms can help you keep safe.

The cyberspace is filled with terms that either look the same, sound the same, or mean the same (but are not identical).

Knowing the difference between these similar terms can be tricky, especially when you’ve to keep up with all the common terminologies and principles used in the security domain. Add to it the constant innovation and change happening within cybersecurity, and you’ve got a whole set of complex terms that you need to understand and constantly learn about.

So, here are some similar security terms that are often confused and misused.

Security vs. Privacy

Online security and privacy go hand-in-hand. They are used interchangeably during discussions because they sometimes overlap in today’s connected world.

But there are some key differences between the terms when used in the cybersecurity context.

  • Security: Security refers to the protection of your personal information from malicious threats. It can include any information that can be used to determine your identity.
  • Privacy: Privacy refers to the rights or control you have on your information and the way it’s used.

While security is concerned with preventing unauthorized access to data, privacy focuses on ensuring that personal information is collected, processed, and transmitted compliantly and with the owner’s consent. In simple terms, security protects your data while privacy protects your identity.

To achieve security and privacy, organizations use tools and techniques such as firewalls, encryption protocols, network limitations, and different authentication and authorization techniques.

Authentication vs. Authorization

Authentication and authorization are similar-sounding security concepts within the scope of user identity and access management. Here’s how the two differ.

  • Authentication: User authentication is the process of verifying that users are who they claim to be. It relates to identifying users’ identity.
  • Authorization: Authorization is an act of establishing a user’s rights and privileges. It verifies what specific files, applications, and resources a user has access to.

Authentication is achieved using passwords, PINs, fingerprints, facial recognition, or other forms of biometric information. It’s visible and can be partially changed by the user.

Authorization, on the other hand, works through access management settings implemented and maintained by an organization. They aren’t visible and can’t be changed by the end user.

In a secure environment, authorization always takes place after user authentication. Once a user is verified, they can access different resources based on the permissions set by the organization.

Data Breach vs. Identity Theft

It’s easy to get confused between a data breach and identity theft, as the two are closely connected. The threat for users and the outcome is the same either way; that is, sensitive information is compromised. But there are some differences.

  • Data Breach: A data breach refers to a security incident where confidential data is accessed without authorization of the owner.
  • Identity Theft: When a cybercriminal uses your personal information, such as ID or social security number, without your permission, it constitutes an identity theft.

A data breach occurs when a cybercriminal hacks into a system you’ve entrusted with your information or a company that has your personal information anyway. Once a breach occurs, criminals can use your private information to open an account or commit financial fraud in your name.

The main difference between a data breach and theft is in terms of the damage caused by the incidents. The implications of a breach are usually far more damning compared to an identity theft. According to a report by the US Securities and Exchange Commission, 60 percent of small businesses don’t survive a breach.

However, the damages caused by identity theft can be highly consequential too. The impact of misusing identity go beyond forged checks, fake credit cards, and insurance frauds, and can even endanger national security.

Encryption vs. Encoding vs. Hashing

Encryption, encoding, and hashing are data security terms often used interchangeably and incorrectly. There’s a lot of difference between these terms and it’s important to know these differences.

  • Encryption: It’s a process used to convert readable data, also called plain text, into unreadable data, called cipher text. The data can only be decrypted back to plain text using the appropriate encryption key.
  • Encoding: Encoding is a process in which data is changed from one format to another using an algorithm. The aim is to transform data into a form that is readable by most of the systems.
  • Hashing: Hashing is an irreversible cryptographic process used to convert input data of any length into a fixed size string of text using a mathematical function.

This means that any text can be converted into an array of letters and numbers through an algorithm. The data to be hashed is called input, the algorithm used in the process is called a hash function, and the result is a hash value.

Encryption, encoding, and hashing differ in terms of functionality and purpose. While encryption is meant to ensure confidentiality, encoding focuses on data usability. Hashing, on the other hand, ensures authenticity by verifying that a piece of data hasn’t been altered.

VPN vs. Proxy

VPNs and proxies are both used to change your online location and stay private. They have some overlap, but the differences are quite apparent.

  • VPN: A VPN, short for Virtual Private Network, is a discrete program that changes your geo-location and reroutes your entire internet traffic through servers run by the VPN provider.
  • Proxy: A proxy server is a browser extension that changes your IP address to unblock geo-restricted web pages, but doesn’t offer the extra protection of a VPN.

The main difference between a proxy and VPN is that a proxy server only changes your IP address and doesn’t encrypt your web activities. Secondly, unlike a VPN, a proxy only redirects traffic within the browser. Data from other applications connected to the internet won’t be routed through the proxy.

Spam vs. Phishing vs. Spoofing

Spam, phishing, and spoofing are social engineering tactics used to lure users into revealing personal information.

  • Spam: Spam is any unwanted junk emails, instant messages, or social media messages sent out to a wholesale recipient list. Spam is usually sent for commercial purposes and can be damaging if you open or respond to it.
  • Phishing: Phishing is an unsolicited email designed to harm users by obtaining personal information like usernames, passwords, and even bank details. A phishing email looks like it comes from a legitimate source, but is intended to trick users into clicking on a link containing malware.
  • Spoofing: Spoofing is a subset of phishing attacks in which the attacker impersonates an individual or organization with the intent to gain personal and business information.

Phishing aims to gain personal information by convincing users to provide it directly while spoofing disguises an identity to steal information. The two are closely paired as both involve a level of misrepresentation and masquerading.

Better Understanding, Better Protection

Cybersecurity terminologies and concepts evolve almost as rapidly as memes on the internet. A lot of these terms sound similar but mean something different when you dig a little deeper.

Learning the key terms and their differences will help you better understand and effectively communicate your cybersecurity needs.

If you are looking for an expert to help you find the best solutions for your business talk to GCInfotech about a free technology assessment

Published with consideration from makeuseof.com SOURCE

Businesses of any size can fall victim to ransomware. How will you protect your small business from it? And can you afford it?

The Business of Chicago

One Monday morning, 35 workers of a Chicago business board of directors turned on their computers. They were met by a desiccated head popping up and demanding nearly a quarter-million in Bitcoin. Hackers had shut off their internet access. Their databases had been scrambled and rendered unusable.

This NGO had vital infrastructure but no skilled cybersecurity professionals or even a proper data recovery and business continuity strategy, much like thousands of other ransomware victims whose tales never reach the news.

Company management believed that its data and networks were secure until they experienced that dreadful Monday morning return to work. The company also lacked the financial wherewithal to pay the ransom.

Productivity loss is the biggest price tag paid by ransomware victims. In addition, they suffered the time-consuming job of controlling and cleaning up after the assault.

According to Proofpoint and the Ponemon Institute study, a ransom payment generally amounts to less than 20% of the entire cost of a ransomware attack’s interruption.

The staff at the Chicago organization discovered too late that their data recovery methods did not actually back them up. The organization labored over finding paper documents in order to recreate its records from the ground up.

Businesses In a Bind

Many smaller businesses believe they aren’t vulnerable to ransomware. That is very clearly not the case.

According to the National Cyber Security Alliance, small and midsized firms are the target of the bulk of cyberattacks, with up to 60% of them going out of business within six months of the ransomware assault.

Three Simple Steps to Defeat Hackers

Some may reasonably question, if a $44 billion firm like Accenture can fall prey to ransomware, what hope does a smaller company have?

Everyone requires a reaction plan if no one is immune to an assault. Consider the following three essential steps:

1. Provide cyber awareness training to all staff.

PEBCAC stands for “problem exists between computer and chair” in the world of cybersecurity.

Because email phishing is by far the most common threat vector for ransomware, the first line of defense is to teach all employees not to open unfamiliar attachments or clickbait links — “You’ve just won $1 million!” — and to protect their login credentials, preferably with two-factor authentication.

Some employees, believe it or not, still retain passwords on Post-it Notes stuck to their computer displays. Every employee in today’s networked remote workforce is a member of the security apparatus. Employees play an essential role in data protection. However, they must be given the correct knowledge and training.

2. Update all of your applications.

An inventory of operating systems and software is the first step in any threat assessment.

Updates defend a computer network from known security flaws. Additionally, you must properly maintain and configure every firewall and server to stay safe.

Unfortunately, this seemingly simple task of data governance is a big undertaking. It’s made considerably more difficult by the abundance of endpoints. Think smartphones, industrial systems, IoT devices, and all the equipment used by work-from-home staff.

3. Put backups and recovery strategies to the test.

This is the one step that many companies skip. You shouldn’t.

Pick a day, perhaps a Saturday, when everyone “pretends” to be victimized by a hacker. Test the reliability of your backups and the amount of downtime you can expect to endure should you fall victim to ransomware.

How You Can Recover

To recover from an assault, every firm needs dependable backups and, equally essential, a business continuity strategy. Form a cyber incident response team and conduct penetration testing to ensure the safeguarding of vital infrastructure. Be proactive rather than reactive in your cyber response.

No one is immune to assault. These are merely the beginning of your defenses.

Monitor network traffic in real-time. Otherwise, your organization is extremely susceptible. Mechanisms must be in place to detect and respond to intrusions before you suffer damage. Be aware that 100 percent prevention is neither cost-effective nor practical.

Virus Software

Virus software and firewall hardware have come a long way. However, at the end of the day, the greatest defense is a skilled cybersecurity team.

A monitoring and incident response control center will allow speedy data recovery, reducing downtime for both internal and external cyberattacks. Outsourcing a security operations center may help businesses with limited resources reduce their risk.

Consider the cost of business disruption as the first step in making systems more robust. Governments, utilities, and even IT corporations are all vulnerable to assault. Put a solid data security strategy in place. Without one, it’s not a question of if, but rather when hacking will occur.

Make sure your cloud storage is secure.  It’s imperative that you do so ASAP. Without this safeguard, all sorts of malware, such as ransomware, can run riot through your systems.

Are you interested in learning more about cybersecurity? Call us today and discover how our wide array of tech services can safeguard your business.

If you are looking for an expert to help you find the best solutions for your business talk to GCInfotech about a free technology assessment

Published with consideration from smallbusinesstechnology.com SOURCE