Is Microsoft 365's in-built security truly enough to protect my business?
In an era dominated by digital landscapes, ensuring the security of our data and systems is paramount. Microsoft, being a tech giant, undoubtedly invests heavily in security measures to protect its users. However, as cyber threats continue to evolve in complexity, it’s crucial to question whether basic security is truly enough to protect your business.
Many small and medium-sized businesses lack the dedicated resources it takes to deploy and manage vital security solutions. Unfortunately, this same lack of resources means that up to 60% of SMBs are one successful cyberattack away from going out of business.
Microsoft 365, a robust suite of cloud-based productivity tools, offers immense benefits for businesses. However, Like any cloud-based solution, Microsoft 365 is not immune to security threats.
400% Increase in targeted Cyber attacks in the past 12 months, vs last year.
69% of SMEs haven't identified their potential cyber security threats.
Losses of £100 Million across businesses in the last 12 months due to Cyber Attacks.
Let's explore key security risks associated with Microsoft 365, and we'll provide our expert tips for protection:
Multi-Factor Authentication Vulnerabilities – MFA is crucial for safeguarding user accounts, but threat actors can still exploit weaknesses. Legacy authentication protocols, like IMAP/POP3, pose significant risks allowing attackers to bypass MFA. There is also the possibility of devices being compromised, if one or more of the devices needed for the MFA process become compromised this could potentially expose the authentication process to hackers and threats.
Businesses should continuously assess and update their cyber security measures with regular risk assessment, educate their users and employees about potential risks, and implement additional layers of cyber security defense.
Data Exfiltration: Identifying Risks and Implications – Data exfiltration, the unauthorized transfer of data, presents severe risks. To prevent this, organisations must detect suspicious behaviours, like file sharing with personal email addresses, mass downloading, or exceeding send limits. Investing in a managed service provider is crucial for comprehensive protection.
Privilege Escalation – Grants attackers higher-level access than authorized. Methods include exploiting software vulnerabilities, misconfigurations, exploiting default accounts, or leveraging social engineering.
Phishing Attacks – A phishing attack is a type of cyber attack in which attackers use deception tactics to trick individuals into providing sensitive information, such as usernames or passwords, credit card numbers, or other sensitive personal details. There are multiple variations of ‘phishing’ attacks with the up and coming AI capabilities they are getting more deceptive and hard to differentiate from the real thing. Microsofts in-built capability to prevent Phishing is not enough. Whilst it does detect and address known phishing threats, it does not actively scan all aspects of emails and email content.
In an era dominated by digital landscapes, ensuring the security of our data and systems is paramount. Microsoft, being a tech giant, undoubtedly invests heavily in security measures to protect its users. However, as cyber threats continue to evolve in complexity, it’s crucial to question whether basic security is truly enough to protect your business.
In conclusion, MS365 alone is not enough to protect your business protecting your business requires a multifaceted approach, including staying vigilant against evolving threats and adopting best practices to ensure the integrity and security of your businesses’ data. We at Lansafe can offer our expert advice and guidance to help you in navigating these challenges, and offer our cyber security protection package IMPACT.
Key features of IMPACT Cybersecurity, from Lansafe:
Risk Asessment
A risk assessment will be carried out by our designated technical team who will run an in-depth report across your network quarterly. This will allow our team to identify any threats or vulnerabilities.
Anti Virus with End Point Detection Response
The biggest benefit to employers is they can ensure that employees are handling the data of customers or suppliers correctly. Benefitting from prompt alerts that can be set up to assist with this.
Email Security
Email protection to eliminate phishing attacks, BEC (Business Email Compromise) and Identity Theft. This works in conjunction with your 365 to provide secure and robust protection.
Don’t be blind to your risk. Your data is more valuable than you think it is, and today’s hackers will stop at nothing to get to it. As threat actors are increasingly targeting people instead of targeting buildings, cyber threats have overtaken the cybersecurity landscape for all businesses, especially Small to Medium Enterprises. IMPACT Cyber Security, from Lansafe, is here to protect you from today’s email threats. IMPACT is not just another cyber security solution; it’s a new approach to stimulating your technology defenses. With of course – A personal touch. We have a dedicated team to assist with the training, learning, and onboarding to help protect your network and devices. Ultimately, giving you peace of mind.
We understand that you may have questions or want more information about how IMPACT can benefit your business. That’s why we’re offering you the opportunity to book a personalised call with one of our experts. Simply click the button below to schedule a call at a time that suits you.