Introduction

In today’s complex cybersecurity landscape, choosing the right solution is crucial for protecting businesses from evolving threats. WatchGuard has emerged as a leading provider of cybersecurity solutions, but how does it compare to its competitors? This blog post offers a comparative analysis of WatchGuard’s offerings against key competitors in the cybersecurity market, highlighting the unique features, benefits, and advantages that set WatchGuard apart.

WatchGuard’s Key Features and Benefits

WatchGuard offers a comprehensive suite of cybersecurity solutions designed to address the diverse needs of businesses. Key features include:

1 Advanced Threat Detection

WatchGuard’s cybersecurity solutions are equipped with cutting-edge advanced threat detection mechanisms. Leveraging artificial intelligence and machine learning, WatchGuard identifies and mitigates sophisticated threats, including malware, ransomware, and zero-day attacks. The advanced threat detection capabilities ensure that businesses stay ahead of emerging cyber threats, providing a proactive defence against potential security breaches.

2 Multi-Factor Authentication (MFA)

Recognising the increasing importance of securing user access, WatchGuard integrates robust multi-factor authentication (MFA) features into its solutions. MFA adds a layer of protection beyond traditional username and password credentials, significantly reducing the risk of unauthorised access. Whether it’s securing remote access to corporate networks or protecting sensitive data, WatchGuard’s MFA ensures a secure authentication process.

3 Secure Remote Access

In the era of remote work, securing remote access to corporate networks is paramount. WatchGuard’s solutions offer secure and seamless remote access, allowing employees to connect to corporate resources from any location without compromising security. With features like VPN (Virtual Private Network) and secure mobile access, WatchGuard enables organisations to maintain productivity while ensuring the confidentiality and integrity of data.

4 Cloud Security

As businesses increasingly migrate to cloud environments, WatchGuard provides robust cloud security solutions. These solutions are tailored to protect data and applications hosted in the cloud, offering a holistic approach to cloud security. WatchGuard ensures that organizations can embrace cloud technologies with confidence, knowing that their assets are shielded from potential cyber threats.

5 Scalability and Flexibility

WatchGuard’s cybersecurity solutions are designed to be scalable and flexible, catering to the varying needs of businesses of all sizes. Whether you’re a small startup or a large enterprise, WatchGuard adapts to the scale of your operations. This scalability ensures that your cybersecurity framework can seamlessly evolve as your business grows to meet new challenges and demands.

6 User-Friendly Interfaces

Recognizing that effective cybersecurity should not be overly complex, WatchGuard places a strong emphasis on user-friendly interfaces. The intuitive design of WatchGuard’s solutions ensures that organisations can easily manage and monitor their cybersecurity posture without requiring extensive technical expertise. This approach enhances user adoption and reduces the learning curve of implementing and maintaining robust cybersecurity measures.

7 Reliable Performance

WatchGuard’s commitment to providing reliable performance is evident in the performance benchmarks and reliability of its solutions. Businesses can rely on WatchGuard to deliver consistent and dependable cybersecurity services, minimising downtime and ensuring continuous protection against cyber threats.

8 Comprehensive Protection

One of the key strengths of WatchGuard’s cybersecurity suite is its ability to offer comprehensive protection. By integrating various security features into a unified platform, WatchGuard provides a holistic defence against a wide array of cyber threats. From network security to endpoint protection, WatchGuard ensures that organizations have all the tools necessary to fortify their digital infrastructure.

Competitor Analysis

While WatchGuard has established itself as a leader in the cybersecurity market, it faces stiff competition from other prominent vendors such as Cisco, Palo Alto Networks, and Fortinet. These competitors offer similar cybersecurity solutions with their own set of features, benefits, and market positioning. 

For example, Cisco is known for its extensive network security offerings and global presence, Palo Alto Networks emphasises advanced threat prevention and cloud security, and Fortinet offers integrated security solutions for network, endpoint, and cloud environments. Each competitor has its strengths and unique selling points, making the cybersecurity market highly competitive and diverse.

WatchGuard’s Competitive Advantage

Despite facing strong competition, WatchGuard maintains a competitive advantage through its unique strengths and capabilities. One of WatchGuard’s key advantages is its focus on providing integrated, easy-to-use cybersecurity solutions that offer comprehensive protection against a wide range of threats. 

Additionally, WatchGuard’s commitment to innovation, customer satisfaction, and industry recognition sets it apart from competitors. For example, WatchGuard has received numerous awards and accolades for its cybersecurity solutions, demonstrating its leadership and excellence in the market. Furthermore, customer testimonials and case studies highlight the positive outcomes and benefits achieved by organizations that have chosen WatchGuard’s technology, reinforcing its competitive advantage and value proposition.

Conclusion

In conclusion, WatchGuard offers a comprehensive suite of cybersecurity solutions that effectively address the diverse and evolving threats facing businesses today. Through its unique features, benefits, and competitive advantages, WatchGuard sets itself apart from competitors in the cybersecurity market. Organisations seeking reliable, user-friendly, and innovative cybersecurity solutions can confidently choose WatchGuard to enhance their security posture and protect against a wide range of threats.

Contact us today to schedule a consultation with our cybersecurity experts and take the first step towards a more secure and resilient organisation.

Introduction

In the age of digital interconnectedness, where the virtual realm seamlessly intertwines with the tangible world, one unsettling fact is undeniable: the spectre of cyber threats looms ever-present, waiting for an opportune moment to strike. 

It is a world characterised by complexity and perpetual evolution, where malevolent actors, veiled in anonymity, actively seek to undermine the strongholds of data security we have so diligently erected.

The domain of cyber threats is not for the faint-hearted. It bears a resemblance to a dense, treacherous forest teeming with snares and pitfalls, its adversarial denizens multiplying akin to rabbits in the vernal season. Anonymity shrouds perpetrators, and data breaches serve as the insidious currency of this digital underworld.

However, amid this dynamic and relentless landscape, a sentinel has emerged, one bearing the moniker of Artificial Intelligence (AI). AI, the vigilant guardian of the digital realm, has assumed the mantle of protecting our virtual territories against insidious infiltrators. This article embarks on an exploration of the transformative role of AI in the arena of cybersecurity, akin to a stalwart steed galloping to the rescue.

This narrative takes us through the uncharted territories of AI within cyber defence, elucidating its manifold advantages, imperfections, and the ethical intricacies it confronts. With a contemplative and analytical approach, we delve into AI’s pivotal role in fortifying our digital bulwarks, where its influence is as profound as a newly appointed Inspector General of Police outlawing certain activities. Thus, let us embark on this journey with the precision and gravitas this subject demands.

I. The Evolving Cyber Threat Landscape

Within this complex digital ecosystem, we confront a rapidly evolving cyber threat landscape. It is a space where threats encompass a diverse spectrum, from sophisticated state-sponsored espionage to the proliferation of financially motivated cybercrime. As our reliance on technology deepens, the potential vulnerabilities multiply, and adversaries continue to adapt to exploit them.

Consider, for instance, the alarming rise of ransomware attacks, where cybercriminals encrypt vital data and demand ransoms for its release. These attacks are characterised by their audacity and often result in significant financial losses and reputational damage for targeted organisations. In response, the need for effective and efficient cyber defences has never been more urgent.

II. The Role of AI in Cybersecurity

In this turbulent landscape, the emergence of Artificial Intelligence is a beacon of hope. AI, a technology synonymous with machine learning, predictive analytics, and automated decision-making, holds the potential to revolutionise cybersecurity. By harnessing the capabilities of AI, organisations can attain a new level of proactive defence, shielding themselves against the ceaseless barrage of threats.

AI brings to the fore the power of predictive analysis. With the ability to process colossal datasets, it can identify patterns, anomalies, and potential vulnerabilities faster and more accurately than human analysts. AI-enhanced threat detection systems serve as ever-watchful sentinels capable of discerning the slightest hint of suspicious activity amidst digital noise.

III. Benefits of AI in Cyber Defense

The advantages of incorporating AI into cybersecurity are manifold. Foremost among them is real-time threat analysis. AI-driven systems can instantly identify deviations from established baselines, raising red flags before threats can fully manifest. Moreover, AI excels in automation, streamlining routine tasks such as patch management and security updates.

Consider, for instance, an organisation’s ability to preemptively detect a zero-day exploit—previously unknown vulnerabilities—before they are weaponised. AI-equipped defences can respond nimbly and effectively, mitigating potential damage before it unfolds.

IV. AI-Powered Threat Detection

One of AI’s most prominent roles in cybersecurity is threat detection. It operates as a digital bloodhound, sniffing out nefarious activity with unerring precision. AI can analyse network traffic in real time, swiftly identifying unusual behaviours that might elude human scrutiny. This swiftness is crucial when it comes to averting potentially devastating breaches.

As an example, consider the ability of AI to detect subtle signs of an advanced persistent threat (APT) within an organisation’s network. These long-term, stealthy infiltrations, often orchestrated by nation-state actors, require vigilance that only AI can maintain consistently.

V. AI in Incident Response

Beyond detection, AI also plays a pivotal role in incident response. When a cyberattack breaches the digital ramparts, time becomes a critical factor in minimising damage. AI-driven systems excel in quickly analysing security incidents determining their severity, scope, and impact.

Imagine an organisation facing a data breach. AI can rapidly ascertain the breach’s scale, pinpointing affected systems and identifying the compromised data. This expedites containment and recovery efforts, ultimately reducing the harm inflicted.

VI. Challenges and Limitations of AI in Cybersecurity

However, the employment of AI in cybersecurity has its challenges. False positives, where benign activities are incorrectly flagged as threats, pose a persistent concern. Ongoing human oversight and validation remains paramount to avoid erroneous actions that may disrupt legitimate operations.

Additionally, the ethical implications of AI in cybersecurity merit consideration. The potential for bias within AI models and collecting sensitive data for threat analysis necessitates a vigilant commitment to responsible and transparent AI practices.

VII. Ethical and Privacy Concerns

As the deployment of AI in cybersecurity proliferates, we must navigate the ethical labyrinth it entails. Gathering and analysing data necessary for AI’s efficacy often intersects with privacy concerns. Striking a balance between data security and individual privacy is a delicate tightrope organisations must tread.

It is essential to ponder the implications of relying on AI for threat analysis, especially when it involves personal or sensitive data. How do we ensure the ethical use of AI, safeguarding the privacy and rights of individuals while simultaneously protecting against cyber threats?

VIII. Implementing AI in Cybersecurity:

For organisations, integrating AI into their cybersecurity strategy is a strategic imperative. Implementing AI-powered defences should be holistic, encompassing not only detection and response but also vulnerability assessment, threat intelligence, and secure software development practices.

A strategic plan for AI adoption must include selecting the right technology, training personnel, and continually adapting to the evolving threat landscape. Collaboration between AI systems and human experts is the linchpin to effective cybersecurity.

IX. Case Studies

To elucidate the tangible impact of AI in cybersecurity, consider the case of a multinational financial institution. By deploying AI-driven systems, this organisation achieved remarkable gains in threat detection and response. Incidents that once took hours to identify are now resolved in minutes, minimising financial losses and safeguarding its reputation.

Another noteworthy example is a government agency tasked with protecting critical infrastructure. Through the judicious use of AI, it has successfully thwarted numerous cyberattacks, including those orchestrated by well-funded state actors. This case underscores the potential of AI to defend against even the most formidable adversaries.

Conclusion

In this era of relentless cyber threats, the emergence of AI as a go-to defender stands as a testament to the transformative power of technology. It is a digital sentinel, tirelessly vigilant in its mission to safeguard the virtual landscapes we inhabit.

The benefits of AI in cybersecurity are evident, from real-time threat analysis to expedited incident response. However, we must navigate the challenges, ethical dilemmas, and privacy concerns accompanying this technological advance.

As we conclude this exploration, it is evident that AI has emerged as a formidable ally in the ongoing battle for digital security. But, like any innovation, its effectiveness is maximised when combined with the wisdom, discernment, and ethical stewardship of human defenders. The marriage of AI and human expertise is the modern frontier of cybersecurity, a dynamic equilibrium poised to redefine the landscape of digital defence.

Ways to prevent hackers

Table of Content

  1. The Consequences of Cyber Attack
  2. Hacker Apocalypse
  3. It’s Coming Home
  4. Introducing WatchGuard
  5. Multi-Factor Authentication
  6. Don’t Click That Link
  7. Invest in Security Software
  8. Training Training Training
  9. Encryption is Key
  10. Watch Your Employees

A couple of years ago, a friend of mine, a young versatile entrepreneur, had launched a revolutionary financial product to bridge the credit gap for the unbanked. His product gained incredible traction in the first year with over 100,000 users downloading the app and a million naira in processing.

Unfortunately, a chink was found in the company’s armoury unexpectedly halting my friend’s upward trajectory. The company’s database was hacked, wiping out its entire financial records and customer base.

What is a Cyber Attack?

A cyberattack is an attempt to steal, alter, or destroy a specified target by hacking into a susceptible system. According to Wikipedia, cyberattacks can range from installing spyware on a personal computer to attempting to destroy the infrastructure of entire nations.

The Consequences of CyberAttack

Twenty one years into a much more digitized century, a million and one online tools have popped up for big and small companies to optimize regular work processes with.

The cost incurred from a cyberattack or a data breach is mind-blowing. According to a report from Atlas VPN, over $1trillion (N504 trillion) was spent on cybersecurity or given up as a result of a cyberattack in 2020 (this cost was exacerbated by the COVID 19 pandemic).

And this is not abating any time soon. Cybersecurity Ventures, a cybersecurity research firm, expects global cybercrime costs to grow by 15 per cent per year over the next five years, reaching $10.5 trillion annually by 2025 (more than 10x the expected GDP of Nigeria in 2025).

Hackerpocalypse

These staggering stats only point to one thing; companies all over the world are losing the cyberwar to hackers, most especially small and medium-sized corporations where it is estimated that 60 per cent go out of business within six months of falling victim to a data breach or cyber attack.

Already, 1 in 6 companies pays a ransom to hackers according to the annual Hiscox Cyber Readiness Report.

READ: Top Reports On Data Security Issues In 2020

It’s Coming Home

Back home in Nigeria, the statistics are grim as well. According to a British software and hardware company report, Nigerian companies recorded the second-highest percentage (86% were targeted by hackers) of cyberattacks worldwide behind India last year. In 2019, a report by Serianu, an IT Services and Consulting firm, Nigeria lost $649 million (N327.1 billion) to cybercrime.

This shows that Nigeria, and in extension, Africa isn’t insulated from this ongoing cyberwar. Africa is increasingly the target of cyber espionage, making it imperative for businesses across the continent to find effective ways to protect their assets from would-be hackers.

Introducing WatchGuard

Founded with a vision to make enterprise-grade security accessible to businesses of all sizes, WatchGuard has consistently pioneered innovations that empower organizations to navigate the digital realm with confidence. Their suite of solutions is meticulously crafted to address the multifaceted challenges posed by modern cyber threats. From advanced firewall protection that acts as the first line of defense against intrusions to secure Wi-Fi connectivity solutions that ensure safe data transmission, WatchGuard’s offerings are designed to fortify businesses at every touchpoint.

Furthermore, WatchGuard’s commitment to excellence extends beyond mere product offerings. They continuously invest in research and development, staying abreast of emerging threats and evolving security paradigms. Their holistic approach to cybersecurity encompasses not just proactive threat detection but also actionable insights, empowering businesses to preemptively address vulnerabilities before they escalate into full-blown breaches.

In essence, WatchGuard is more than just a cybersecurity provider; it’s a strategic ally, a guardian that stands sentinel, ensuring that businesses can harness the power of the digital age without compromising on security. As we delve deeper into this article, we will explore six pivotal ways WatchGuard’s comprehensive solutions can serve as the linchpin of your organization’s cybersecurity strategy, fortifying your defenses and ushering in a new era of digital resilience.

Here are 6 easy ways businesses can avoid being hacked:

1. Multi-Factor Authentication

The easiest and most popular way to breach a company’s backend is through password theft. According to a 2020 Verizon data report, 81% of the total number of breaches leveraged stolen or weak passwords. Also, in a breach report done in 2019, over 1 million passwords are stolen every day. What’s worse is most hackers do the bare minimum to hack these passwords. When it comes to password security, all a hacker needs is an employee’s insistence on being the weak link (you know what they say about the weakest link?).

Thank goodness there are ways a company can guard against such monstrous vulnerabilities and one of them is the use of Multifactor Authentication like Google and Microsoft Authenticator to help stave off would-be snoopers. In addition, employers can put in place second-level security protection like tokens and biometrics for their employees.

2. Don’t Click That Link

Employees are daily bombarded with emails, but quite a lot of them are intended to steal sensitive information. This is called phishing, which tricks victims into revealing vital and personal information to the attacker. Phishing attacks are increasingly becoming the norm. A 2019 Verizon Data Breach Investigation Report estimated that 94% of malware are delivered via email while in a 2019 report done by Symantec Internet Security Threat Report, 48% of email attacks are office files.

This makes it imperative for businesses to adopt anti-phishing strategies to guard against regular phishing attacks. Some of these strategies could include using more sophisticated anti-phishing filters, user training for employees to recognize phishing attempts and deal with them immediately, setting up firewalls and security measures.

Most importantly, employees and business owners should learn NOT to click on a link or download any file until sure!

3. Invest in Security Software

ways to prevent hackers

Investing in cybersecurity software and firms is a no-brainer for businesses and organizations looking for a holistic approach to protect their data, especially in a year where global spending on cybersecurity is expected to exceed $1 trillion. This is more pertinent for small businesses as they are more prone to data breaches.

A trusted anti-spyware will limit a company’s exposure to snoopers by quickly detecting malicious applications.

4. Training Training Training!

You can spend all the gazillion dollars you have on anti-spyware software but if your employees aren’t versatile enough to quickly detect or identify malicious links or are careless with their company’s credentials, your business will always be susceptible to cyberattacks.

According to an IBM study, over 95% of cybersecurity breaches are due to non-IT-related human error. This means for every 10 breaches that occur in a company, only 0.5 are due to non-human error.

This makes training of employees in basic cybersecurity very imperative. Employees must understand what a malicious attack looks like and must be careful enough not to disclose confidential details to third parties.

5. Encryption is the Key

Except you are trying to cyber spy on North Korea or into the espionage business in general, you don’t need high-level complex encryption to protect your business from cyber-attacks. However, you still need standard level encryption for your data and entire work process to keep the low life, online snoopers, away.

If you don’t already know, encryption is the process of converting information or data into a code, especially to prevent unauthorized access. Encryption plays its most important role when two parties intend to exchange confidential information across digital platforms.

Think of it as Harry Potter’s invisibility cloak or switching on stealth mode in the middle of a splinter cell mission. Your messages will travel right through the noses of ill-intentioned parties and stay undetected.

6. Watch Your Employees!

Your employees are the heartbeat of the company. On the flip side, they can also act as the death knell to a company by contributing, either deliberately or inadvertently, to its downfall through cyberattacks.

To guard against this, avoid/limit the sharing of very sensitive data to your staff. If you must share this data, ensure you plug all potential leakages. If possible, create a sort of ‘Watch System’ for your staff, but this must not impugn their rights to privacy.

Most importantly, put a premium on employing the right and trusted person who will do nothing to sabotage your business which includes subjecting it to cyber hacks.

Conclusion

In wrapping up, it’s essential to confront a stark reality: can your business endure a cyberattack without crumbling in its wake? If your response leans towards uncertainty or hesitant affirmation, it’s time to consider implementing the cybersecurity solutions highlighted in this article. Fortunately, all these solutions are within reach, courtesy of WatchGuard. Their expansive range of offerings equips businesses with the formidable defenses needed amidst today’s unpredictable digital landscape. As you navigate your organization’s cybersecurity trajectory, recognize that choosing WatchGuard means more than embracing technology; it signifies an investment in tranquility, resilience, and envisioning a future where your enterprise flourishes, untouched by the perils of cyber threats.

Don’t leave your business’s security to chance. Click here to discover how WatchGuard can tailor a solution to fit your specific needs and fortify your defenses against cyber threats. Your business’s future deserves the best protection.

Content Table

Introduction

Remote Work and Collaboration Tool

Cloud Computing and Infrastructure Services

Alternative Energy Sources

Fleet Management Software

Data Analytics and Business Intelligence

Introduction

The recent decision by the government to remove fuel subsidies has had a significant impact on businesses, leading to a surge in petrol prices. This sudden increase has caused many organizations to experience financial challenges and operational difficulties. However, amidst these challenging times, businesses have turned to technology to mitigate the negative effects of fuel subsidy removal. 

This article explores how technology can be leveraged to minimize the impact of fuel subsidy removal on businesses, focusing on key areas like operational efficiency, alternative energy sources, and digitalization.

Read More: New Year, Old Challenges – How Businesses Can Solve The Japa Syndrome

Remote Work and Collaboration Tools

As fuel prices soar, commuting costs have become a burden for both employers and employees. However, thanks to remote work and collaboration tools provided by companies like Google, Amazon, Microsoft and Zoho, businesses can adapt to this new reality. Platforms such as Google Workspace and Microsoft Teams enable seamless communication, collaboration, and remote work capabilities.

These tools offer a range of features, including instant messaging, video conferencing, file sharing, and project management. Employees can work from the comfort of their homes or any location, reducing the need for daily commutes, especially in a chaotic city like Lagos and thus decreasing transportation expenses which have tripled after the fuel subsidy removal. The ability to collaborate in real time and hold virtual meetings ensures that business operations continue smoothly, regardless of physical proximity.

Moreover, these tools foster a flexible work environment, empowering employees to achieve work-life balance, which can lead to increased productivity and job satisfaction. Additionally, remote work options can attract and retain top talent, as it expands the pool of potential employees beyond geographical limitations.

Cloud Computing and Infrastructure Services

With the removal of fuel subsidies, businesses are seeking cost-effective solutions to optimize their operations. Cloud computing and infrastructure services provided by Google Cloud, Amazon Web Services (AWS), Microsoft Azure, and Zoho Cloud offer scalable, secure, and affordable computing resources.

By migrating their infrastructure and applications to the cloud, businesses can reduce the need for on-premises servers and data centres, which require constant power and cooling, resulting in significant energy cost savings. These cloud services allow businesses to access computing power on-demand, scaling resources up or down based on their needs, ensuring efficient resource allocation and cost optimization in a post-subsidy removal era.

    3. Alternative Energy Sources

As fuel prices increase, adopting alternative energy sources like Inverters, Electric Vehicles (EVs) and Solar Panels becomes more financially viable. These sources offer a greener and more cost-effective alternative to traditional fuel-powered sources. businesses can integrate renewable energy sources into their operations.

Pairing renewable energy sources with energy storage solutions, such as advanced batteries, can ensure a consistent and reliable power supply. These storage solutions enable businesses to store excess energy generated during peak production times and utilize it during periods of high demand or when renewable energy generation is low. By optimizing energy consumption and reducing reliance on grid power, businesses can mitigate the impact of fuel price fluctuations.

    4. Fleet Management Software

Efficient logistics and fleet management can contribute to significant fuel savings. Technology solutions such as GPS tracking, fleet management software, and route optimization algorithms can help businesses plan the most fuel-efficient routes, reduce idle time, and optimize load capacity. These tools enable companies to make informed decisions, improve delivery times, and ultimately reduce fuel consumption.

Data Analytics and Business Intelligence

In a volatile economic environment resulting from fuel subsidy removal, businesses need accurate insights to make informed decisions and optimize their operations. Data analytics and business intelligence like Plug offer robust data visualization, analysis, and reporting capabilities.

By harnessing the power of these tools, businesses can gain valuable insights into customer behaviour, market trends, and operational inefficiencies. This data-driven approach allows organizations to identify cost-saving opportunities, optimize pricing strategies, and enhance operational efficiency. For example, businesses can analyze customer behaviour patterns to identify areas where fuel consumption can be minimized or optimized within their supply chain.

Furthermore, Plug offers accessible data analytics solutions, enabling businesses to explore and analyze data without extensive coding knowledge. This democratizes data-driven decision-making and empowers business users to derive actionable insights from their data, leading to more informed and efficient decision-making processes.

Conclusion

The removal of fuel subsidies presents significant challenges for businesses, but technology offers an array of solutions to limit the negative effects. By embracing remote work and collaboration tools, cloud computing, data analytics, and renewable energy solutions offered by companies like Google, Amazon, Microsoft, Plug, and Zoho, businesses can reduce fuel-related expenses, optimize operations, and adapt to the changing economic landscape.

These technological advancements provide accessible, scalable, and cost-effective alternatives to traditional business practices, empowering businesses to navigate the post-subsidy removal era with resilience and efficiency. By embracing the power of technology, businesses can not only survive but also thrive, ensuring their long-term sustainability and growth even in the face of fuel subsidy challenges.

Managed security services in computing are network security services that have been contracted out to a service provider. A business offering such a service is referred to as a managed security service provider. The origins of MSSPs can be found in the mid-to-late-1990s Internet Service Providers.

An MSSP (managed security service provider) offers outsourced management and monitoring of security tools and devices. Managed firewall, intrusion detection, virtual private network, vulnerability screening, and antiviral services are examples of common services.

Why Managed Security Service?

Recent industry research indicates that while 82% of IT professionals have either collaborated with or want to engage with a managed security service provider, the majority of firms (74%) manage IT security in-house.

Businesses look to managed security services providers to help them cope with the daily pressures they experience in relation to information security, such as targeted malware, customer data theft, a lack of skilled workers, and resource limitations.

The methodical approach to managing a company’s security requirements is known as managed security services or MSS. The services may be carried out internally or contracted out to a service provider that manages the network and information system security of other businesses.

A managed security service’s duties include managing firewalls and intrusion detection systems round-the-clock, supervising patch management and upgrades, conducting security audits and assessments, and responding to crises. To assist in organizing and directing the procedures involved, a variety of vendors offer a variety of solutions. This relieves administrators of some of the grunt work associated with doing the tasks manually.

Here are six reasons why you need to employ the services of a Managed Security Service Provider (MSSP):

1. MSSPs Have Vast Experience and Expertise in Cybersecurity

Managed security service companies are very knowledgeable about both the most prevalent and sophisticated cybersecurity problems that most businesses face. They are more flexible and adaptable because of the additional expertise they obtained from managing security issues for other businesses across other industries. The expertise and experiences MSSPs have gained over many years are immediately useful to you.

2. Utilizing Cutting-Edge and Innovative Technology

Nearly every company has put comprehensive security measures in place, but even the best-of-breed technology has some vulnerabilities that must be fixed if a reliable solution is to be achieved.

In order to maintain your security posture, a premium managed security solutions do more than merely use their own technologies. They gather information and reports from a variety of sources, standardize it, and then use it proactively to identify threats and close weaknesses. They additionally employ technology to assess corporate security posture, report gap analysis, system controls, and key vulnerabilities—which are frequently utilized by cybercriminals to breach even the most protected businesses.

3. Prompt incident response and real-time monitoring

Finding a breach after the fact can be disastrous for companies that handle a lot of confidential or proprietary data. Managed security solutions involve ongoing monitoring rather than sporadic checks. They can identify abnormalities as they occur with ongoing monitoring. They even use a combination of manual and automated penetration testing to evaluate the firewall’s strength.

4. Reduced Alert Fatigue

Zero false positives are one of the most important advantages of managed security services. Security experts have to deal with multiple cybersecurity alerts every day that come from different security tools that have been set up in their firms. The notifications are sometimes ineffective or lack the necessary details to prompt action. The likelihood that the true threat may go undetected rises as a result of this kind of false positive.

5. Scaling up and Down is easy

The flexibility of managed security services is one of its main benefits. It is available for demand-based subscriptions. With a staff that is already qualified and experienced to handle the fluctuating volume of business, it enables organizations to swiftly expand.

6. Cost-effective approach to security

For small businesses, maintaining an in-house team with the right levels of experience is challenging and costly. Investing in the right tools, hardware, and software that are continuously evolving needs expertise and a considerable budget as well. To be on top of the cybersecurity plan and priorities, an organization needs to keep pace with new trends. While cyber threats do not differentiate small businesses and big corporations, the large investment required for the tools and technology may not be easy for small businesses but Managed Security Services can help your business level the playing field with big companies by providing access to top-notch security technology.

Conclusion

Considering the increasing number of IT security threats, it is crucial to have robust security solutions to protect your assets. If you are lacking in security, consider MSSP. Carefully considering client testimonials, industry certifications, and references with their clients can come in handy here. Descasio offers Managed Security Services with a comprehensive suite of cybersecurity and IT risk assurance services to detect, prevent, and proactively respond to security threats. Talk to our experts to know more.

A top-notch security service provider will go above and beyond, ensuring security and performance in ways you might not even be aware of. The Sense Of Security is the main advantage of using a managed security solution.

One technology that is going to accelerate growth across several industries in the next decade or two is the fifth generation of technology, also known as 5G technology. From transportation to the banking, gaming, sports and even the public sector, 5G will greatly enhance productivity in ways we have never with previous iterations.

Brief History of the Evolution of 5G   

The evolution to 5G by telecom companies has been in the making in the last half a decade as the demand for data by businesses and regular internet users has steadily increased. 

But to understand the evolution of 5G technology, we must first understand where it evolved from. 

The first generation of mobile technology, 1G, built in the late 1970s and 1980s, was all about voice — the ability to use a phone in a car, while shopping or away from home really took root here.

The second generation, 2G, built in the 1990s, was digital, making it possible to encrypt calls, make more efficient use of the wireless spectrum and deliver data transfers on par with dialup internet. 

The third generation, 3G, built in the early noughties, ushered in the evolution of smartphones. The move from 2G to 3G provided the core network speed for these smartphones making regular folks access the internet from anywhere and at any time – albeit at a slow speed – without the need for a computer. 

And the fourth generation, 4G, built in the 2010s, gave us high-speed internet connectivity and birthed the era of online services leading to widespread job creation and disruption of conventional means of running businesses. 

And now, we have 5G technology. The first country to adopt 5G on a large scale was South Korea, in April 2019. Since then, the growth has been somewhat exponential with more countries (Nigeria is set to adopt 5G technology in the coming months this year) adopting at scale.

What is 5G Technology and Why Should We Be Excited About It?

As with all the latest technology of the 21st century – blockchain, the Internet of Things, Self-Driving Cars, Virtual and Augmented Reality and Artificial Intelligence – the concept behind 5G (ease and convenience) isn’t much difficult to decipher. 

5G is the fifth generation of wireless mobile technology with the capacity to deliver faster download speed (as much as 10 times faster than your regular 4G network), much lower latency (capacity to stream 4K high definition videos without a whiff of buffering or slow speed), massive network capacity (support for millions of devices per square kilometre), increased availability and a more uniform user experience to more users.

5G’s connectivity goes beyond just mobile devices. It will essentially be the network that will boost the development of modern technologies like autonomous vehicles, IoTs and Virtual Reality and quickens their adoption. This invariable means, in a nutshell, that 5G is a gamechanger for the future of technology.  Even emerging technologies like Metaverse will depend on 5G technology to run smoothly.

5G speed and other connectivity benefits are expected to make businesses more efficient ( and give consumers access to more information faster than ever before. 

Global Impact of 5G Technology

According to a report by PricewaterhouseCoopers (PWC) in 2019, 5G is projected to add about $1.3 trillion to the global economy by 2030 with the healthcare sector contributing about half of that amount.

This is also expected to add 4.6 million jobs within the same period. This is not surprising when you factor in the industries that will be relying on the 5G network.

Already smartphone companies like Samsung, Apple, Tecno, Huawei and even Google have launched devices that support 5G capabilities. Back home, network giant, MTN are also preparing the groundwork to ensure that Nigeria is ripe for 5G technology.  

Benefits of 5G Technology on Businesses

It is so easy to see the beneficial effects of 5G, especially for businesses looking to scale. Industries like Healthcare, Entertainment, Agriculture and Transportation are already seeing significant gains from the adoption of 5G connectivity. In the long run, all industries will benefit from the adoption of the 5G network once the technology becomes widely spread as oxygen in the atmosphere.

But the underlying question remains. What are the specific benefits for businesses of all sizes? We highlight the 3 most beneficial effects of 5G technology on businesses below:

Better Customer Experience

Speed is by far the most beneficial effect of 5G for businesses. The current average 4G browsing speed runs at an average of 56 Mbps, 5G would bump that speed up to 490 Mbps (almost 10x the speed of 4G). This makes you download heavy videos or files in an instant ensuring delivery of services to customers at lightning speed.

In meetings, advanced capabilities such as virtual reality, which will be powered by 5G connectivity, could become the norm for presentations. Immersive augmented and virtual reality experiences could show customers and others your new product, enabling them to view it virtually, from any angle. 

Or you might leverage your customers’ smart home environment to develop new services and applications that make full use of all the data that surrounds them.

More Productivity

Many of the benefits of adopting 5G technology for your business stems from low latency and high capacity which result in high productivity for your employees. 

With a much more reliable network, your employees will spend less time fretting about connectivity and more time focusing on important tasks.

More Opportunities For Your Business

5G opens the door to new business models that you can create and new products and services you can offer. The ability to collect more data, more quickly, and put it to work for your business and your customers is one of the benefits of 5G for businesses of every size—and may even be the genesis for a transformation of your business model.

Conclusion

The 5G technology era is here, introducing the next generation of smart business applications just as organisations plan how to emerge stronger in the post-pandemic world. 

The potential for impact across industries is enormous, but to realise these gains, companies will need a strategic approach—one underpinned by a clear view of the use cases that will deliver the greatest value over time. 

This is true for both of the key stakeholder groups shaping the future usage of 5G: enterprises and policy-makers. 

One of the biggest buzzwords in the technology space at the moment has to be Cryptocurrency. So big, the entire cryptocurrency space is currently worth $1.72 Trillion as of the time of writing the article. If the cryptocurrency market was a stock market operated by a country, it will be the 18th largest stock exchange by market cap in the world.

But very few know how cryptocurrency works or what it’s used for. According to a recent survey done by Cardify, only 16.9% of investors who have bought crypto “fully understand” the value and potential of cryptocurrency, while 33.5% of buyers have either zero knowledge about the space or would call their level of understanding “emerging.” 

Even fewer know about the larger ecosystem that exists beyond the cryptocurrency space which includes Blockchain, Decentralised Finance, Web3, Smart Contract and so much more.

In this article, we will break down all the terminologies and jargon around the cryptocurrency space into much simpler and more digestible bits using related anecdotes.

ALSO READ: 7 Business Automation Tools To Subscribe To In 2022

Cryptocurrency Acronyms and Terminologies You Must Know in 2022

  1. Nakatamo Satoshi
  2. Blockchain
  3. Bitcoin
  4. Ethereum
  5. Blockchain Wallet
  6. Address
  7. Alt Coin
  8. Shitcoins
  9. Cryptocurrency Exchange
  10. Tokens
  11. Decentralised Finance

Let’s go!  

Nakatamo Satoshi

What better way to start than with the man who is presumed to be the brains behind the creation of Bitcoin, the first cryptocurrency. Many folks in the crypto space believe he’s a pseudonym that represents the original creator(s) of Bitcoin. 

Whatever and wherever he is, dead or alive, the name has made history as being the pioneer of the most disruptive technology innovation at the moment.

Given the price of BTC today, Satoshi would be a billionaire.

In addition, the poor (rich) lad also exists as a token called Satoshi and currently trades on the Coinmarketcap with the price set at $0.000412. 

Blockchain

Blockchain is a combination of computer networks that transparently stores all the information about a crypto transaction. Visualise several series of blocks which contain the information in a space connected by endless chains. 

Blockchain is the technology that powers all cryptocurrency transactions, for without it there won’t be any cryptocurrencies in existence. Its mission is to ‘wrestle power’ from centralised and opaque organisations like banks, government, lawyers, Insurance companies, “omo oniles”, etc and put it in the safe and transparent hands of ordinary folks like you and me, hence decentralising the whole process of money exchange (a classic tale of Robinhood).

Bitcoin

As you probably have noticed, decentralisation is ironically the central theme for cryptocurrency and no other token, coin or terminology represents this theme like Bitcoin. 

Bitcoin is a virtual or digital token that can only be used on the internet. Unlike the physical currencies e.g the US dollar and UK Pound Sterling which are controlled by the government, Bitcoin is controlled by anyone. And like the traditional currencies which are stored in physical wallets, Bitcoin can also be stored in wallets called digital wallets (We will talk more about this).

Bitcoin is the first and most valuable cryptocurrency with the price currently at $44,230. 

Ethereum

Ethereum is the second most popular and valuable cryptocurrency but it has a more unique usage than Bitcoin. 

The former both serves as a medium of exchange and technology within the blockchain where other decentralised applications like Defi, Smart Contracts, NFT can be built on while the latter is only used as a medium of exchange. 

Think of Ethereum as the Gold of cryptocurrency and Bitcoin as the dollar. 

Ethereum can also be referred to as an alternative coin to Bitcoin.

Blockchain Wallet

The blockchain wallet acts the same way as your physical wallet which is used to store cash and cards except it is used online to store digital currencies like Bitcoin. 

It is very secure and can only be accessed by a key unique only to the wallet’s online (unlike the physical wallet that can be ‘accessed’ by boys under the bridge).

Address

An Address is a string of characters in a wallet that can send and receive cryptocurrency. It is synonymous with a real-life address or an email.

Just like a physical address where no two houses can share the same numbers, each address on the blockchain is unique and marks the location of a wallet.

Alt Coins

Short form for alternative coins, Altcoins refer to any type of cryptocurrencies other than Bitcoin. Altcoins were created to serve a much better purpose to cryptocurrency users than Bitcoin. 

Ethereum was the first-ever altcoin created. Other examples of altcoin include Solana, Bitcoin Cash (which is the 3rd most valuable cryptocurrency), XRP, Cardano, etc.

Shitcoins

Shitcoins are altcoins that are fraudulently created and serve no intrinsic value to users. They are truly shitty by every definition of the word. Examples of shitcoins include Dogecoin,  Shiba Inu, Safe Moon, Magic Internet Money, etc.

Cryptocurrency Exchange

Crypto Exchanges are platforms where digital currency owners can buy or sell cryptocurrency coins like Bitcoin, Ethereum, Polygon, Litecoin Solana and the likes. They are two types of Crypto Exchanges:

Centralised Crypto Exchanges – These exchanges are operated by trusted third-party companies where individuals have little or no control over the trading of their digital assets. They are safe but kind of defeat the essence of decentralisation. Examples of centralised crypto exchanges include Binance, Luno, Huobi, Coinbase, etc.

Decentralised Crypto Exchanges – these exchanges grant users total control over their digital assets without involving any third party, think of it as the bundle of cash you keep underneath the mattress or at the dark spot of your wardrobe and use whenever you want. Examples include Uniswap, PancakeSwap, Kine Protocol, etc.

Tokens

Tokens are simply altcoins that have no dedicated blockchain, unlike Bitcoin and Ethereum. They leverage existing blockchain, most commonly Ethereum. They are essentially like coaches that only move once attached to a train engine.

One great advantage about tokens is that cryptocurrencies can be created on an existing blockchain without the need to build a blockchain, just like a coach needing to move on the rail tracks without a need to build a new train engine. 

Decentralised Finance

Defi, short for decentralised finance, is the movement within crypto that removes the control banks and institutions have on money, financial products and financial services. 

It eliminates the fees that banks and other financial companies charge for using their services. This means anyone can lend, borrow and other access financial services just by being connected to the internet without the need for intermediaries like banks.  

More buzzwords pop up daily around the crypto space, but these 11 are some of the most useful and popular terminologies around the cryptocurenccy space.

more organizations are abandoning manual business processes and jumping on the train of automation. According to a 2020 Mckinsey survey of business leaders from a wide cross-section of industries…

cybersecurity software for business

As a business owner, the cost of not investing in cybersecurity is huge. It’s like leaving your car keys on the ignition with your car doors open in a car park while shopping a few kilometres away. It is estimated that over $6 trillion will be lost annually to cybercrime from 2021. That’s more than the proceeds made from the global trade of all major illegal drugs combined.

Table of Content

  1. Importance of Cybersecurity Software
  2. Barracuda Spam Firewall
  3. Fortinet Security Fabric
  4. Google Cloud Security
  5. Intruder
  6. Syxsense Secure
  7. Proofpoint Email Security
  8. Acunetix
  9. Cisco Application – First Security
  10. Netsparker
  11. Sophos
  12. Vipre
  13. Norton Security

Importance of Cybersecurity Software

You might be thinking that hackers in this clime are not as sophisticated as their destructive peers worldwide. Think again! In the last 10 years, Nigeria has lost up to N5.5trillion ($9.7 billion), that’s an average of N550 billion ($9.7 million) every year! Also, Nigerian companies recorded the second-highest percentage (86%) of cyberattacks worldwide behind India last year.

These staggering and scary statistics show that Nigerian businesses are far from immune to cyberattacks, let alone get attacked. This is why companies must set aside not so large a chunk of money to invest in standard cybersecurity software. It doesn’t just protect your company’s assets and data from being stolen but gives your business a fighting chance to last far longer as 60% of small businesses are expected to go out of business within six months of falling victim to a data breach or cyberattack.

Here are 12 powerful cybersecurity software products you can invest in to secure your business:

READ MORE: 6-ways-to-keep-hackers-away-from-your-business.

Barracuda Spam Firewall

One of the increasingly popular and obnoxious ways to gain access illegally to sensitive information of a company is through malicious emails. This can be prevented by the use of the Barracuda Spam Firewall. Barracuda is one of the most popular cybersecurity companies in the world with a lot of security products geared towards protecting businesses from internal and external threats.

Barracuda cybersecurity software for business

The Spam firewall, connected to the Barracuda security cloud, scans internal and external emails and incoming files using three layers of powerful virus scanning technology. Integrating this security software with your company’s

Fortinet Security Fabric

Most times, hackers attempt to hack into your system simultaneously from all angles. To prevent this, you will need a complex integrated security system like the Fortinet Security Fabric.

Fortinet cybersecurity software for business

The FSF is a complex ecosystem of security networks that continuously assesses the risks and automatically adjusts to provide comprehensive real-time protection across the digital attack surface and cycle. The FSF is a great security solution for large enterprises with a vast and deep system.

Google Cloud Security

One of the most efficient and intelligent means of protecting your entire digital assets is Google Cloud Security. From businesses with a single asset like a YouTube channel to businesses with multiple digital assets, Google Cloud Security guarantees the topmost security.

Google cybersecurity software for business

Google Cloud Security quickly detects and halts cyber threats by deploying different solutions which include Security analytics and operations and Web App and API Protection to protect your business from future attacks. Top organizations like Twitter and Evernote have their assets secured with Google Cloud Security.

You can start with Google Cloud Security for free with $300 free credits available for use.

Intruder

Just as the name suggests, the Intruder software is meant to crash the parties of potential hackers by blocking every pathway to an attack. Used by major brands, Intruder is an online vulnerability scanner that finds cyber security weaknesses in a company’s digital infrastructure, to avoid costly data breaches.

Intruder cybersecurity software for business

It also increases productivity as it frees employees to accomplish other important duties. The cybersecurity company claims to scan as many as 50 potential vulnerabilities delivering comprehensive data that can be used to strengthen the security structure of a company.

The software comes with a 30-day free trial. It also includes three pricing plans; the Essential, Pro and Verified plans.

Syxsense Secure

Another cloud-based vulnerability scanner is the Syxsense Secure which provides end-to-end security scanning and usable insights to prevent cyberattacks from unscrupulous individuals or organizations.

syxsense cybersecurity software

Other features from Syxsense secure include Patch everything; a feature that automatically deploys third-party security patches to secure and support major operating systems, Quarantine Devices to block, isolate and kill infected and malicious processes before they spread, and Collaborate with Ease, a feature that enhances collaboration among the IT and security team.

The key selling point of this cybersecurity solution is the ability to combine all these features into one single cloud console.

Syxsense Secure also comes with a 14-day free trial and two pricing plans which are Syxsense Manage and Syxsense Secure.

Proofpoint Email Security

As earlier alluded to in this article, email remains the most vulnerable source of cyberattack for large and small scale businesses around the world. According to a Trend Micro report, 94% of targeted emails use malicious file attachments as an infection source. Also, 91% of cyberattacks begin with a ‘spear-phishing email, one of the most sophisticated ways cybercriminals steal sensitive information.

Proofpoint cybersecurity software

Hence, the need for a cybersecurity solution like Proofpoint Email Security which deploys Machine Learning enabled technology to catch both known and unknown threats missed by others.

The software also detects and blocks threats that don’t involve malicious payload, such as impostor email—also known as business email compromise (BEC), a favourite for cybercriminals.

There is no visible pricing on its website, but a contact form is available to fill.

Acunetix

Aside from Google Cloud Security which is arguably the most complete web and API security software out there, Acunetix offers a great option for businesses looking to secure their websites, web applications, and APIs. It also offers actionable insights after performing a deep scan of all web pages and complex web applications.

Acunetix cybersecurity software

It is an intuitive and easy-to-use solution with functionalities like scheduling full/incremental scans and seamless integration to other software like Azure and Github.

It can be used by both small businesses and large enterprises. It comes in three pricing plans; standard, premium, and Acunetix 360. A demo can be requested.

Cisco Application – First Security

Most cybersecurity companies tend to offer a one size fits all approach for businesses looking to secure their online and offline assets which might not necessarily speak to the latter’s individual security needs. But Cisco Application – First Security offers different layers of cybersecurity approach that is closer, continuous and adaptive.

Cisco cybersecurity software for business

The different layers or products include Cisco Secure Workload which offers automated protection micro-segmentation based on recommended policies tailored to your applications, Cisco Secure Cloud Analytics which detect and respond to advanced threats across private and public cloud networks, Cisco secure Access which Establish user-device trust and highly secure access to applications, AppDynamics which performs monitoring and deep insight into transaction behaviour and metrics for applications running in public and private cloud environments and finally Cisco Secure Application which prevent and detect application vulnerabilities across your digital business.

The Cisco Application – First security’s adaptability to different cybersecurity needs makes it a go-to choice for big and small enterprises alike.

Netsparker

One of the best cybersecurity automation tools for software companies out there has to be the Netsparker. The tool’s unique dynamic and interactive scanning capabilities are top-notch amongst its peers.

Netsparker cybersecurity software

Netsparker offers features and functionalities for automating the security testing throughout the software development life cycle (SDLC). These features save a huge number of hours for team members, identify vulnerabilities that matter, and help security and development teams get ahead of their workload.

Netsparker claims they consistently identify more vulnerabilities and return fewer false positives than other scanning tools.

Another unique offering from the application is its capacity to perform comprehensive scanning while detecting vulnerabilities within a very short time. It also assists developers with actionable feedback that helps them produce more secure code meaning less work for your security team.

As earlier mentioned, the Netsparker tool is incredible for software companies looking to protect their assets throughout the SDLC.

Sophos

Sophos tagline says it all “Sophos stops Ransomware”. Just the kind of messaging that will get companies chomping at the subscribe button.

Sophos cybersecurity software

The British-based security software company, through its unique security products, offers protection against known and unknown malware, spyware, intrusions, unwanted applications, spam, policy abuse, and data leakage and also provides a comprehensive network access control to businesses.

Some of these products include Sophos XDR which can intercept and investigate threats across endpoints, servers, firewalls, and other data sources, Sophos MTR which automatically neutralizes the most sophisticated threats, Sophos Cloud Optix, Sophos Emails, Sophos Phish Threat, etc.

A free trial is available for businesses looking to test the waters.

Vipre

Viper is one of the oldest security software companies out there, and like new wine in an old bottle, they’ve been able to adapt to the changing cybersecurity landscape to remain one of the go-to security platforms.

Vipre cybersecurity software

They offer comprehensive layered protections that cater to both personal and business needs. Some of the features Vipre offer include simplified solutions to protect businesses from online threats and data risks, an all-inclusive package and scalable pricing, unparalleled protection for email and endpoint security with the help of AI technology, and a fully integrated solution that is easy to deploy and manage.

Vipre business protection which is suitable for large and medium and small scale enterprises alike is available in three pricing plans i.e. Core Defense ($96 per user per year), Edge Defense ($96 per user per year), and Complete Defense ($144 per user per year).

Norton Security

Norton has evolved over the years from being seen as just an antivirus software to an all-inclusive cybersecurity company. In addition to the aforementioned Antivirus, the company offers different cybersecurity solutions such as Virus Removal, Malware Protection, Cloud Backup, Password Manager, and Secure VPN. It also offers an extra layer of protection for gamers, an interesting distinction from the rest on this list.

Norton cybersecurity software

Other features include five-layer protection for recognizing and blocking threats, cloud backup services that can store and protect files and documents, a simple, secure, and smart solution for managing passwords, a secure Norton VPN that helps block hackers from seeing what you do online and a series of Norton 360 plans.

Norton is suitable for all businesses looking for top-level digital protection and provides a 30-day free trial for Antivirus while the price for Norton 360 starts at $9.99 for the first 3 months.

Conclusion

It’s digitally suicidal if you don’t have your online assets protected by any of this cybersecurity software on the list. Thankfully, Descasio has got you covered. We’ve partnered with some of these security companies that can comprehensively secure your entire digital assets at the most favourable pricing.

In this digital age where information can be linked and duplicated, protecting your information can never be overemphasized.