Home Protecting Businesses With a Proactive Approach to Cybersecurity

Protecting Businesses With a Proactive Approach to Cybersecurity

Pervez Delawalla, the CEO of VegaNext, warns companies that “hackers are constantly evolving.”

Firewalls and antivirus software can only do so much with modern threats. While many businesses focus on visible cybersecurity measures, they are unaware of vulnerabilities in their systems that lie beyond the surface. Cyber threats often lurk where companies least expect them. VegaNext specializes in uncovering and patching these risks, strengthening companies’ cybersecurity from all angles.

A False Sense of Security: Why Surface-Level Defenses Are Not Enough

Many businesses operate under the assumption that firewalls and antivirus programs are still enough to keep their information safe. These basic security measures provide minimal protection but are insufficient to protect systems against advanced threats.

In reality, most hackers can bypass these traditional defense methods. They use several sophisticated techniques to break through the minimal barriers companies put up. What may be shocking to some is that the greatest vulnerability is personnel.

Delawalla says, “It’s not just about breaking through firewalls anymore.”

He recalls a company suffering a significant breach after an employee unknowingly opened a phishing email. After the attackers had accessed his system, they sent fraudulent invoices to their customers, causing substantial financial damage.

The Human Element: Cybercriminals’ Easiest Target

“Hackers are targeting the weakest link—people. They use phishing emails and social engineering to trick employees into giving them access to sensitive systems,” Delawalla notes.

Employees often lack the training to recognize and respond to these deceptive tactics, leaving companies at risk of vulnerabilities from within.

Attackers have leveraged the power of social engineering to manipulate employees into revealing sensitive data or granting system access without their knowledge. For example, hackers can sometimes impersonate a company executive via email and request login credentials.

As Delawalla puts it, the threats aren’t a technology issue; “Cybersecurity is a people issue.”

Even the most sophisticated systems will fail if employees aren’t adequately trained in threat awareness.

VegaNext’s Holistic Cybersecurity Approach: It’s More Than Just Technology

VegaNext first conducts a comprehensive risk assessment when analyzing a business’s potential threats. They analyze deep IT infrastructures and reveal previously undetected vulnerabilities.

“We don’t just look at what’s visible on the surface,” Delawalla explains. “We dig deeper, examining every potential entry point and understanding how attackers might approach.”

VegaNext aims to look beyond traditional security measures. One-size-fits-all solutions don’t work well when it comes to cybersecurity. Each business faces unique threats, which calls for tailored security strategies. VegaNext customizes cybersecurity defenses based on business-specific risks.

Their proactive protection measures include utilizing advanced threat detection tools and continuous monitoring systems. Cyber attacks can happen at any time, creating the need for round-the-clock surveillance.

Employee training programs are also included in the service since VegaNext understands how vital a mindful team is. They help educate individuals with cybersecurity awareness and vigilance.

The Cost of Ignoring Cybersecurity

Unfortunately, major data leaks and hacks can have significant financial and reputational consequences. A company can lose valuable customer trust after a data breach.

“A single data breach can wipe out years of hard-earned trust with customers,” Delawalla warns. “It’s not just about the money—it’s about your brand and your credibility.”

The resulting publicity may criticize company regulations, damaging the company’s reputation in the long run.

He thinks back to when a mid-sized company suffered a ransomware attack. Part of the damage was paying a hefty ransom, but the destruction came after the news broke. They faced much regulatory scrutiny and lost countless business opportunities from clients spooked by the incident. Their reputation was forever damaged, which extended the severity of the financial loss.

Minimizing cybersecurity can come at a significant cost. “It’s not just the attack but everything that comes after,” Delawalla adds.

Taking Action: Why Businesses Must Be Proactive, Not Reactive

As demonstrated, cyber attacks can come with significant losses. Delawalla advises business leaders not to wait for a breach before taking cybersecurity seriously. The best defense is a layered, proactive strategy that includes technology and employee training.

VegaNext helps companies get well-rounded protection in places they haven’t considered yet. They have mastered combining technical expertise with a trusted partnership approach to business. VegaNext is sympathetic to companies’ various needs and helps them build resilience against constantly evolving cyber threats.

Protect your company before it’s too late. Partnering with VegaNext gives your business tailored cybersecurity solutions to protect your reputation and growth.

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the gambling and blockchain industries for major developments, new product and brand launches, game releases and other newsworthy events. Editors assign relevant stories to in-house staff writers with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Brad Anderson
Editor

Brad is the former editor who oversaw contributed content at ReadWrite.com. He previously worked as an editor at PayPal and Crunchbase.

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