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The Benefits of Hiring a Cybersecurity Analyst: An Overview

Big data is a reality in which we live and work. Data is the world’s most valuable resource, and it gives businesses enormous power. We live in an era of remote work and greater reliance on technology, thanks to the rise of digitally native businesses and the desire of many more to embrace digitization. These factors contribute to the increased risk that hackers and cybersecurity breaches pose to businesses. As a result, it is not surprising that Cybersecurity analyst is currently on the minds of almost all businesses with a digital presence, i.e., almost all businesses.

Cyberattacks can affect any computer that is connected to the internet. The sophistication of these attacks grows as we learn more about technology and become more reliant on it. Because we rely on online databases, digital data management, online shopping, and even cloud persuasion, we are more vulnerable to cyberattacks than we were five years ago.

As hackers and cybercriminals become more skilled and businesses across all industries move operations online, cybersecurity experts are among the most sought-after professionals in the technology sector. LinkedIn ranked the position tenth on its list of emerging occupations for 2020.

Companies need to protect themselves and their customers from the constant threat of online attacks now more than ever. When personal information is at stake, as demonstrated repeatedly, cyberattacks can have disastrous consequences that cost millions of dollars and irreparably harm a company’s reputation. Hiring cybersecurity experts is one of the most straightforward and effective ways to combat this threat.

 But what exactly are cybersecurity analysts, and how can they help your company grow?

What is a Cybersecurity Analyst?

Cybersecurity analyst
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A cyber security analyst is responsible for preventing malicious cyberattacks on an organization’s systems and data. These highly skilled Information Technology (IT) professionals are concerned with preventing unauthorized access to networks, computers, programs, and data.

They protect an organization’s infrastructure and data from various threats by evaluating current security measures and developing more effective ones as needed. It necessitates constant monitoring of potential weak points and their prompt exploitation by allies rather than adversaries. Furthermore, cyber security analysts must create policies that deter potential attacks while adhering to industry regulations. 

The position necessitates a thorough understanding of cyber security concepts, methodologies, and resources and a broad knowledge of operating systems, networks, and software. Furthermore, this profession necessitates superior analytical reasoning, problem-solving abilities, and interpersonal and communication skills. 

What does a Cybersecurity Analyst do?

As technology becomes more integrated into our working lives and business operations, the role of a cyber security analyst is becoming one of the most important in any organization.

A cybersecurity analyst must stay current on security and technological advancements and evaluate any new cybersecurity threats to manage new cybersecurity threats effectively.

They must constantly monitor the network for intrusions, attacks, and unusual, unauthorized activity. A cybersecurity analyst can identify threat patterns and vulnerabilities by using analytical tools. They should also develop disaster recovery and contingency plans in a security breach. Cybersecurity analysts simulate security breaches on occasion to test their systems.

A cybersecurity analyst must be able to report to stakeholders, make recommendations, and educate the larger team on cybersecurity-related topics because they are responsible for an organization’s digital safety. They must constantly monitor system security, audit systems to ensure their continued security, and be available to investigate threats, phishing emails, and other security notifications.

Can Cyber Security Analysts Specialize?

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Cybersecurity for business has expanded into a wide range of capabilities as technology has advanced. There may be as many as eight functional areas of cybersecurity in large corporations, but in smaller, scaling businesses, one or two employees can handle most of these areas.

 If cybersecurity professional wants to advance their career, they may want to specialize in one of the following areas, but hiring a generalist is preferable for growing tech companies.

  • Create security architectures that are then implemented as frameworks, processes, and internal policies.
  • Data Loss Prevention includes monitoring GDPR compliance, detecting malware, and updating antivirus software.
  • Measure and Risk management in the context of governance, risk, and compliance, and conduct internal audits.
  •  Identifiers and permissions are managed using identity and access management.
  • To defend against attacks, incident response, and forensic analysis are performed.
  • Systems are deliberately attacked in penetration testing to identify vulnerabilities.
  • Installing, configuring, and running systems such as firewalls and HSMs as part of secure DevOps. 
  • Create marketable security products through secure software development.

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Cybersecurity Analyst Work in Which Industries?

Cyber Security Analysts are in high demand across all industries as more businesses adopt digital transformation strategies or become digital natives, as with many other emerging technology roles. Cyberthreats are becoming more prevalent as more people work remotely, information is saved to cloud-based networks, and businesses move online.

If your company uses technology or handles sensitive data, hire a Cyber Security Analyst as soon as possible.

On the other hand, specific industries deal with a significant amount of sensitive information. Cybersecurity is a primary concern in these industries, so many tech professionals may find work there.

Healthcare

Because of its extensive use of sensitive data, including personally identifiable information, the healthcare industry is a prime target for hackers. Because hospitals and medical organizations keep patient records that include names, addresses, medical information, and even financial information, a cyberattack can be disastrous. They have previously been known to shut down the entire NHS. Hospital networks are still facing unique challenges, which have resulted in a rapid evolution of security procedures.

Healthcare cybersecurity experts must be familiar with firewalls, antivirus software, encryption, and hospital-specific security procedures. Most hospital management platforms and EHRs are incompatible with personal mobile devices to protect personal information. To mitigate risk, they must also be prepared to train staff members on cybersecurity, ranging from medical professionals such as doctors and nurses to office workers such as secretaries.

E-commerce

Cyberattacks are more likely in businesses that sell products online. Because they have valuable financial and customer data, online retailers are frequently the first targets of cyberattacks.

Cybersecurity experts in eCommerce must help raise employee awareness of threats while continuously monitoring and improving preventative measures. To instill trust in the brand, eCommerce cybersecurity professionals must ensure that customer transactions are secure by implementing firewalls to prevent hackers and using HTTPS to secure the website. 

Banking and Finance

Financial institutions, including banks, fintech companies, and others, are obvious targets for hackers. They contain millions of people’s identities and financial and personal information. They do, however, provide the most money to hackers. Banks and other financial institutions must safeguard their customer’s personal information, mainly as banking increasingly relies on digital and online tools.

According to studies, financial institutions are the target of more than 25% of all cyberattacks, making their cybersecurity analyst indispensable. They must ensure the highest level of online security to increase customer confidence and protect all parties. In contrast, the HPE Security solution has been proven and tested by many businesses today, so get yours or reach ICT Distribution.

Education

Educational institutions are also targeted by hackers frequently. Schools, colleges, and universities are easy targets for cyber attacks, as so many individuals are logging into networks. They often fall victim to phishing emails or malicious code on websites students and staff frequently visit. It means hackers can access the personal information of students and staff and hack into valuable research that universities are in the middle of. 

It’s up to Education cybersecurity analysts to protect sensitive information, increase awareness of threats and develop stricter protocols for the software and hardware used. 

You also often find cybersecurity teams working for the government, airlines, and any company that collates large amounts of data.

 However, scaling tech businesses (as they rely solely on technology to function) find that cybersecurity analyst knowledge is vital for their company. Minimizing customers’ risk puts their minds at ease when shopping with a new company or using relatively new software. Prioritizing security can prevent any cracks in its reputation as they scale, as a malware attack could prove fatal to a tech startup.

To Conclude

Cybersecurity specialists must have strong IT skills and a solid technical foundation. Many have computer science or mathematics degrees and have previously worked in software development or IT system maintenance. They will also require specialized cybersecurity training such as ISO 27001 (the international standard for information security), CISMP, NCSC, and GDPR certification.

A skilled cyber security analyst will pay close attention to the minor details and not overlook network vulnerabilities. They should evaluate the robustness of IT systems in a forensic-like manner, using logic and reasoning.

Therefore, ICT Distribution an IT Distributor in Maldives offers a range of high-quality services delivered by experienced professionals who keep up with the latest developments in the world of technology. Moreover, these services help businesses of all sizes to stay ahead of the game when it comes to protecting their sensitive data and ensuring their network security. By investing in effective cybersecurity solutions, companies can increase their return on investment and get more value for their money.

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