How to Identify Network Security Threats and Vulnerabilities 

September 13, 2021
by Backcross Solutions

Many companies measure the effectiveness of their cybersecurity by their lack of attacks. And while the lack of attacks is a promising sign, the nagging question remains: is there a security threat we are missing? Studies show that two-thirds of people on the internet have been compromised in some way by cybercriminals. 

The Center for Strategic and International Studies (CSIS) has found that almost $600 billion, nearly 1% of the global GDP, is lost to cybercrime every year. Additionally, that number is projected to increase to $6 trillion in 2021 alone.  So you may be asking yourself, how can we better handle our network threats and vulnerabilities? That is where Backcross Solutions comes into the picture. Our team of industry-leading experts can identify threats and solutions on your behalf to protect your company and your clients. 

What is a Network Security Threat?

Any attempt to breach your network and obtain access to your data is a network security threat. There are different kinds of network threats, each having different destructive objectives. While some attacks seek to shut down your entire network or servers, others aim to steal your data. In the cannabis industry, data protection is pivotal to your success. Your clients trust you and your product, and they must trust your systems, too.
There are four main network threats: external, internal, structured, and unstructured. Sadly, just over 50% of cyber threats are breaches involving internal employees. Those internal threats can have a significant impact on the well-being of a company and its culture. Structured threats are carried out by hackers who know what they are doing and what they are trying to achieve. While unstructured threats typically come from amateurs with no experience or plan. At Backcross Solutions, we are positioned well to help your company plan, prepare, and respond to any of the four main network threats.

 What is the Difference Between a Threat and a Vulnerability?

An easy way to think of the difference between threats and vulnerabilities, the threat is the attacker, and the vulnerability is the weakness.  Vulnerabilities are flaws in your system that hackers can exploit. Backcross Solutions’ team of experts is experienced in identifying vulnerabilities during IT assessments to ensure your team is aware of your current landscape and the potential threats that could arise. An example of a vulnerability is a misconfiguration in a system or device. These vulnerabilities are the focus of any IT assessment we complete at Backcross Solutions.

Your customers rely on you to maintain their privacy, and you rely on your IT landscape to work for you. Partnering with Backcross Solutions will help you achieve both goals while scaling your business to face any and every threat.