In the modern era of technology and cybercrime, you cannot be confident that you are extremely cautious with your company’s cybersecurity. Cybercrime attacks are increasing by the day. Here are a few statistics to give you a glimpse of the status of cybersecurity threat:
- 67% of 7,818 businesses in 2005 reported a single cybercrime incident
- Between 2018 and 2019, identity threat cases rose by 46%
- Consumers lost over $1.9 billion to fraud, with imposter scams being the common
If you have files that your employees share across the internet, it becomes necessary to have a firewall. But, what is a firewall, and why it is a critical part of your cybersecurity plan?
Read on to find out!
What Are Firewalls, and What Do They Do?
A firewall is a security element used to protect your hardware. Besides protection from cybersecurity attacks, a firewall is also useful in restricting access to specific sites or traffic. Moreover, advanced firewall configurations can alert you in case of an intrusion or data breach.
With the right installation, resolving security threats and alerts becomes faster and comfortable. Even if you’re not sure how to set up a firewall yourself, one Alexandria IT provider explains that a great way to protect your systems from emerging threats is through managed firewalls and network security services.
Thus, a firewall is necessary for your business in that it offers the ground for a quick response to address a security threat or attack.
Benefits of Firewalls to Your Business
If you are designing a cybersecurity plan, it won’t be complete without considering a firewall.
Here are the reasons:
Prevents Cyber Security Attacks
The rise in cybersecurity attacks has necessitated the use of firewalls in different organizations. The design of firewalls allows it to prevent suspicious programs from getting installed on your personal computer.
Firewalls are effectively applied as an element in a multi-layer cybersecurity strategy to enhance protection against distributed denial of service attacks.
During a DDOs attack, a cybercrime bombards your network with traffic that you don’t need. The firewalls can even block unauthorized users from accessing your network.
One of the reasons cybercrimes occur is because they go undetected, and in some cases, one can detect them when it is too late. The right managed service provided should set the firewall to alert you in case of interference in the network.
For instance, features that monitor and scan your company’s sensitive data traffic are useful because they help the firewall detect and alert you in case of any network traffic anomalies.
That way, the security team can respond accordingly to secure the data and minimize damage from such data breaches.
Prevents Data Loss
The loss of company data is a common cybercrime problem in recent days. Your company’s data can be stolen for many reasons, including for marketing purposes or financial gains.
Firewalls have programs that monitor the type of data being moved or downloaded from your network.
In case a hacker tries to access and download your company data, the firewall notices and notifies the security team for immediate action.
Secures Mobile and Remote Workers
The spread of Coronavirus has forced most companies to adopt remote working arrangements. Nevertheless, with some of your workers accessing your company files when away from the office, you can’t be sure that your company’s information is safe. That’s when it becomes critical to have a firewall.
No company is immune to cybercrime. As many people continue to work from home, it is becoming necessary to invest in a robust cybercrime protection strategy to keep your company’s data and employees safe.