As the digital disruption continues to dive into unconquered technological areas, cyber crime also continues to mushroom its spread rapidly to find new ways to exploit technology to its benefit. In fact, last year witnessed a wave of cybersecurity

As the digital disruption continues to dive into unconquered technological areas, cyber crime also continues to mushroom its spread rapidly to find new ways to exploit technology to its benefit. In fact, last year witnessed a wave of cybersecurity attacks more advanced than ever before. One of the latest and highly sensitive was the uncovering of Pakistani and Indonesian hacking groups that were planning to disrupt the G20 summit in India with DDoS and mass defacement attacks. Imagine the potential security, financial and reputational implications of the attack had it not been timely mitigated.

What is Cybersecurity Management?

Cybersecurity management includes a set of technologies, techniques, tools and measures to protect the internet-connected systems. These systems can be software, hardware or data vulnerable to cyberattacks. Cybersecurity management is crucial in the globally-connected world where every piece of information is digitised and securing its integrity, confidentiality and availability is a challenging task. Components of robust cybersecurity services provide a better security posture against fraudulent activities that are intended to destroy your systems and extort money out of them.

There are different types of threats that a robust cybersecurity management structure must identify and update you-

Phishing
Malware
Data Breaches
DDoS Attacks
Insider Threats
Zero-Trust Vulnerabilities
Social Engineering
Why is Cybersecurity important?

As the world is moving towards a more remote and hybrid work culture, with cloud computing becoming a norm for daily operations, the growing volume of data over the internet has become vulnerable to cyber-attacks. This data includes sensitive information which when exploited can take down business giants, wage wars and cripple national security. From a specific entity’s point of view, a simple ransomware attack holds the power to make the company lose intellectual property affecting its finances, causing operational damage and reputational tarnishing.

Robust cybersecurity services protect a company, an individual and a country exactly what an attack is capable of exploiting.

Cybersecurity management comes with the benefits of-

Privacy Protection
Data Security
Business Continuity
Financial Security
Reputation Preservation
Intellectual Property Protection
Fraud Prevention
Legal Compliance
Securing Customer Trust
National Security
Business Growth
Digital Trust
Economic Stability
Cyber Resilience
A cyberattack has a long-lasting and far-reaching impact that can be both proactively identified, accessed, mitigated and prevented by investing in a reliable cybersecurity consulting firm. Netrika Consulting is one of the best cybersecurity companies in India that actively performs threat detection & analysis, and offers security consultation, and assessment to protect your digital assets from exploitation. Our pool of experts with their security awareness, threat intelligence, tools, and R&D contribute to your business’s security posture by integrating and tailoring cybersecurity management solutions to meet your unique needs.

Over the years, technological advancement has come to a stage where the chances of a business getting victimised accidentally are higher than ever. While a robust cybersecurity to detect, prevent and contain such attacks is crucial, the security

Over the years, technological advancement has come to a stage where the chances of a business getting victimised accidentally are higher than ever. While a robust cybersecurity to detect, prevent and contain such attacks is crucial, the security structure will remain incomplete without having a strong foothold on digital forensics in cybersecurity.
Where cybersecurity helps your organisation prevent cyber crimes from occurring, it is digital forensics that helps you recover the data after the attack has happened, identify the perpetrator and lay the groundwork with reports on the attack to create an even more robust security ecosystem. Digital forensics is involved with identifying, collecting, preserving, analysing, documenting and reporting digital evidence of the crime to prevent hackers, viruses, and malware attacks from exploiting your system, and help in disaster recovery as well as the deleted data.
In fact, a recent surge of Mallox Ransomware attacks targeted at Microsoft SQL servers, with a 174% rise in 2023 as compared to last year is a classic example of leaving the MS SQL servers inadequately secured. The attack which has previously impacted industries including professional services, manufacturing, wholesale, legal, retail and pharma is gaining a strong base with a much broader scope. Digital forensics in such cases proves true to its name that if it is poorly designed, implemented or not performed at all, cyber attacks can penetrate again, causing much more damage to the finances and reputation of the organisation.
Recent trends in digital forensics
Cloud Forensics: Cloud computing is a massive resource pool with wide storage access and applications across industry verticals. It also presents an opportunity for fraudsters to exploit it to their advantage. Thus, cloud forensics is gaining attention from investigators to resolve and restore cloud security and privacy issues.
IoT Forensics: IoT systems present complex challenges for digital forensics to address as they contain massive resources and unique devices. When combined with digital forensics tools, it can trace criminal acts to help speed up the investigation process.
Intrusion Detection: Intrusion detection under digital forensics has opened doors for detecting malicious activities, monitoring traffic data and determining the nature of intrusion. The system administrator is notified when the system is compromised in order to discover and remedy the damage as quickly as possible.

Identifying the threat actors across the digital domain, understanding their tactics, recovering from simple and complex attacks, security systems so fraudsters cannot exploit the vulnerabilities, and implementing strong measures to prevent potential attacks is what digital forensics is all about. It can be safe to say that cybersecurity and digital forensics go hand in hand for any business to protect itself from threat actors.
However, employing these practices requires a digital forensics services team that has proven expertise in the area, seasoned professionals to give you tailored strategic solutions and the acuteness to look beyond what is visible to the eye. Netrika Consulting is one of the best in the digital forensics services business to offer you efficient, secure, sustainable solutions with an integrated approach to investigate such attacks with speed and precision.
Original link:https://blog.netrika.com/what-is-digital-forensics-in-cyber-security/

What Is Commercial Due Diligence And How To Conduct It?

Commercial due diligence is an investigation process performed by organisations to gather information on a target company looked at as a potential investment opportunity. The information includes

What Is Commercial Due Diligence And How To Conduct It?

Commercial due diligence is an investigation process performed by organisations to gather information on a target company looked at as a potential investment opportunity. The information includes its market standing, incremental value, products, services, and technologies it uses. This information is analysed to assess the company’s position relative to its competitors, revenue-improving opportunities, operational risks, and efficiency and then verify this data.

The commercial due diligence process is a part of a decision-making strategy for businesses to make more informed choices when considering investment, acquisitions, strategic decisions and partnerships.

Benefits of conducting commercial due diligence

As globalisation made the world more connected and easy to expand in terms of business opportunities, this expansion has also brought fierce competition and new markets. Hence, businesses require a commercial strategy to tap into the best-suited investment opportunity that captures more revenue and aids in market growth while eliminating the myriad of risks that come with it. This strategy of commercial due diligence can identify gaps in target companies while making business investments which can potentially cause financial losses or reputational damage in future.

Commercial due diligence helps businesses identify the competitive landscape, and new market players positioning and assess their financial health
With the understanding of the operational aspects of the target company, it can provide data on optimising it to reduce cost and improve efficiency.
Commercial due diligence helps with legal and regulatory compliance reducing the risk of legal liabilities and issues.
It can give the negotiators an upper hand to secure favourable agreements and ensure that the terms agreed upon are in line with the company’s market positioning.
Knowing the investment’s associated costs, financial expectations and liabilities, your organisation is better prepared to deal with uncertainties.
With information on technology and intellectual property, your organisation can leverage these assets better for the benefit of your company.
How to conduct commercial due diligence?

Commercial due diligence incorporates the key elements of financial evaluation, market analysis, operational assessment, intellectual property, technology, risk evaluation, legal due diligence, regulatory compliance and customer-supplier relationship.

The commercial due diligence checklist includes

Defining the objectives of the commercial due diligence process in terms of vision, and mission.
Gathering information such as financial statements, customer-vendor lists, agreements, contracts etc. with objectives kept in mind.
Performing market research to get insights into the target company’s dynamics.
Conducting financial analysis by scrutinising cash flow projections, financial statements, historical financial data etc. to identify their health.
Performing operational assessments including its supply chain, manufacturing, quality assurance and control.
Verifying legal and regulatory compliance including licences, contracts and legal agreements.
Assessing intellectual property and technology including assets, legal issues on trademarks, patents etc.
Reporting the findings with recommendations based on the assessment done.
Decision-making whether or not the business investment is viable.
Commercial due diligence is a vital part of decision-making before investing in a business partnership or other business opportunities. Given the benefits and the risks of not making informed decisions, a thorough commercial due diligence process from a reliable service provider with a defined framework that is customised to the unique needs of organisations is necessary.

Netrika Consulting has a team of experts with experience that spans across the industry verticals to design and implement robust commercial due diligence in gathering information, analysing and verifying it to help you make better decisions when it comes to business investments.

Commercial due diligence is an investigation process performed by organisations to gather information on a target company looked at as a potential investment opportunity. The information includes its market standing, incremental value, products,

Commercial due diligence is an investigation process performed by organisations to gather information on a target company looked at as a potential investment opportunity. The information includes its market standing, incremental value, products, services, and technologies it uses. This information is analysed to assess the company’s position relative to its competitors, revenue-improving opportunities, operational risks, and efficiency and then verify this data.

The commercial due diligence process is a part of a decision-making strategy for businesses to make more informed choices when considering investment, acquisitions, strategic decisions and partnerships.

Benefits of conducting commercial due diligence

As globalisation made the world more connected and easy to expand in terms of business opportunities, this expansion has also brought fierce competition and new markets. Hence, businesses require a commercial strategy to tap into the best-suited investment opportunity that captures more revenue and aids in market growth while eliminating the myriad of risks that come with it. This strategy of commercial due diligence can identify gaps in target companies while making business investments which can potentially cause financial losses or reputational damage in future.

Commercial due diligence helps businesses identify the competitive landscape, and new market players positioning and assess their financial health
With the understanding of the operational aspects of the target company, it can provide data on optimising it to reduce cost and improve efficiency.
Commercial due diligence helps with legal and regulatory compliance reducing the risk of legal liabilities and issues.
It can give the negotiators an upper hand to secure favourable agreements and ensure that the terms agreed upon are in line with the company’s market positioning.
Knowing the investment’s associated costs, financial expectations and liabilities, your organisation is better prepared to deal with uncertainties.
With information on technology and intellectual property, your organisation can leverage these assets better for the benefit of your company.
How to conduct commercial due diligence?

Commercial due diligence incorporates the key elements of financial evaluation, market analysis, operational assessment, intellectual property, technology, risk evaluation, legal due diligence, regulatory compliance and customer-supplier relationship.

The commercial due diligence checklist includes

Defining the objectives of the commercial due diligence process in terms of vision, and mission.
Gathering information such as financial statements, customer-vendor lists, agreements, contracts etc. with objectives kept in mind.
Performing market research to get insights into the target company’s dynamics.
Conducting financial analysis by scrutinising cash flow projections, financial statements, historical financial data etc. to identify their health.
Performing operational assessments including its supply chain, manufacturing, quality assurance and control.
Verifying legal and regulatory compliance including licences, contracts and legal agreements.
Assessing intellectual property and technology including assets, legal issues on trademarks, patents etc.
Reporting the findings with recommendations based on the assessment done.
Decision-making whether or not the business investment is viable.
Commercial due diligence is a vital part of decision-making before investing in a business partnership or other business opportunities. Given the benefits and the risks of not making informed decisions, a thorough commercial due diligence process from a reliable service provider with a defined framework that is customised to the unique needs of organisations is necessary.

Netrika Consulting has a team of experts with experience that spans across the industry verticals to design and implement robust commercial due diligence in gathering information, analysing and verifying it to help you make better decisions when it comes to business investments.