The Different Types of Cyber Threats: Cyber Attacks, Internal Threats, Social Engineering, Malware, Spyware Etc.

Cyber threats are security breaches that are caused with the intent of stealing data or tampering with computer systems. Such attacks can grant hackers access to personal user information. Cybercriminals with malicious intent can use such data to commit identity theft or even cripple the entire organisation’s network. 

cybersecurity courses

Some of the most common categories of cyber threats are social engineering attacks, malware attacks, man-in-the-middle attacks, supply chain attacks, injection attacks, and denial of service (DoS) attacks. You can learn more about these cyber attacks and the possible ways to safeguard your organisation against them in an IIT Roorkee cybersecurity course.

This article discusses in detail the different types of cyber threats that can pose considerable damage to an organisation. Read on to learn more. 

Malware Attacks – The Most Common of All

Malware is the shortened form of “malicious software.” Malware refers to cyber threats that are caused due to viruses, spyware, trojans, ransomware, etc. This kind of threat usually finds its way into the system when users click an email or link or download software from an untrusted source. 

Once malware gets installed in your system, it can cause considerable damage by blocking access to the network’s critical components, gathering sensitive confidential data, or damaging the system on the whole. Some common variations of malware attacks apart from viruses and worms are listed below. 

  • Spyware: You can figure out from the name that this kind of malware spies on your activities. The data thus gathered is then sent to the hacker. Spyware can access a user’s confidential data such as passwords, payment details, logins, and so on.
  • Ransomware: This kind of attack encrypts your data in such a way that you will not be able to access your own system. Users will be asked to pay a ransom after which the access will be restored. However, there is still no assurance that you will gain full access to the functionality after you have paid the ransom. 
  • Trojan: This kind of malware hides inside software that is legitimate. Once you download such software, your system goes for a toss as the trojan gains full control of the device. 
  • Keyloggers: This kind of malware is most commonly used for identity theft and blackmail. As Spyware spies on your activities, Keyloggers track all your activities, including what you type and the site you use. The information is then passed on to hackers, which they then use to satisfy their own malicious intent. 

Social Engineering Attacks Practised through Deception 

This can be compared to a kind of manipulation in which hackers pose as trusted sources or individuals and then trick them into providing them with the entry point. These malicious activities are accomplished through human interaction. 

This is a slow process and takes a considerable amount of research. Hackers first need to gather enough background information about the individual or organisation that they are planning to target and identify the entry points. Once this is done, the hackers then try to gain the trust of the victims and proceed with the attack. 

Some variations of social engineering attacks are mentioned below. 

  • Phishing: In this kind of cyber attack, the hacker sends deceptive emails as though they are coming from a trusted source. The users are then duped into clicking the emails and accessing the malicious content. This way, the threat is installed into the computer and the hacker gains access to sensitive confidential information such as user data, bank details, login credentials, and so on. 

Like phishing, there are also concepts like vishing and smishing, which use phone calls and text messages respectively to dupe the users into believing the hackers masquerading as legitimate sources.

  • Baiting: In baiting, users are lured into attractive things such as gift cards and offers. As soon as the user clicks on them, the attacker gains access to all kinds of sensitive information. 
  • Scareware: In this kind of cyber attack, victims are given false threats and alarms and are tricked into believing that their system is malware infected. They are shown pop-ups that persuade them to install software that can safeguard their device but is a perpetrator instead. The real trouble begins when they click on the pop-up.

Injection Attacks that Disrupt the Network Security 

Not securing your network can prove to be grievous because hackers are equipped with smart ways to slide into your system. Of all the techniques they use, injections are a common tactic that helps them execute their task neatly. 

Injection attacks are the kind of cyber attack in which attackers infect web applications with malicious content that can retrieve personal information and disrupt the working of the system. Some of the main injection attacks are stated below. 

  • SQL Injection: In an SQL injection, a command is used to insert malicious code into the SQL statements in order to gain control over the data. The code is injected through a web page input. 
  • Cross-Site Scripting: In this kind of cyber attack, malicious JavaScripts are injected into legitimate websites. Through this kind of web security attack, attackers take control over the interactions between the users and the vulnerable applications. 
  • OS Command Injection: In this kind of cyber attack, the attacker uses the operating system as an instrument to execute his malicious intent. Command injections are used to insert vulnerabilities that are to be executed by the operating system. 

Some Other Kinds of Cyber Threats

Alongside the attack types mentioned above, there are also other kinds of cyber attacks such as the Man-in-the-Middle attack and Denial-of-Service attack. 

In a Man-in-the-Middle attack, attackers intervene the communication between users and applications and steal confidential information. Attackers can pose as legitimate Wi-Fi connections, connecting to which may cause havoc to a user’s network security

Denial-of-service is a kind of attack in which a target system is overloaded with humongous amounts of traffic, which hinders the system’s ability to function. One can also not oversee the risk of internal threats posed by insiders who might have immoral intent.  

Conclusion

Since hackers and attackers are getting smart, organisations need to make their security systems smarter. It takes skilled IT professionals to come up with measures that can fortify an organisation’s network security system.

If you are looking forward to building your career in this field, you can opt for an IIT Roorkee cybersecurity course brought to you by Imarticus Learning, which will teach you more about these cyber threats and other aspects related to it such as ethical hacking, cloud computing and ensuring cloud security, incident handling, etc. 

This course does not only offer you the privilege to learn from expert faculties from IIT Roorkee but also equips you with market-relevant skills like cloud security, ethical hacking, application security, etc. that can help you future-proof your career. The 3-day campus immersion program also helps you network better and open up new opportunities. 

Enrol now for a brighter IT career!

Interactive Dashboards with Microsoft Power BI

Are you struggling to generate meaningful insights from the wide datasets of your enterprise for creating a business dashboard? Without the right insights, your decision-making will become vulnerable. 

Implementing Microsoft Power BI is the best solution to this issue. The drag-and-drop options, simple user interface and not requiring coding make Power BI a favourite tool for building business dashboards and data visualisation

Building an excellent dashboard with Power BI

Big data is a massive asset, which businesses leverage for transforming business operations, enhancing decision making and increasing the overall productivity of the organisation. Power BI helps in analysing data effectively along with providing interactive insights for creating visually immersive visualisations and interactive dashboards. 

Building a dashboard with Power BI has become a favourite for businesses. In a Power BI dashboard, you can assemble all crucial data elements on a single page. The dashboard acts as a gateway to the underlying reports and datasets so that you can reach the reports from the dashboards whenever needed. 

By using Power BI dashboards, you can visualise your data and share insights across the organisation. You have the benefit of embedding the dashboard into your app or website. 

How to create dashboards in Power BI?

A powerful visualisation tool, Microsoft Power BI transforms raw data into actionable insights. Create custom dashboards for displaying crucial metrics and giving complete visibility to your business for informed decision-making. 

Let us look at the various steps to follow for creating dashboards in Power BI:

  • Data Import 

The first step towards creating dashboards in Power BI is data import. You have to move data to Power BI first. 

  • Click on the ‘Get Data’ button at the left corner bottom of the screen.
  • Choose the source from where you want to import data – OneDrive, Excel, Azure SQL database or SharePoint. 
  • After importing the data, Power BI generates a blank canvas with a menu where you can select visuals which represent the metrics best on the dashboard.
  • Selecting the visuals

You must choose proper visuals for the reports and the data so that the important pointers are highlighted. Here are some common Power BI visualisations you can choose from:

  • Bar charts – These are ideal for showcasing the comparison between various data categories. They are great for analysing monthly expenses and sales product performance. 
  • Scatter plots – These represent a relationship between two attributes. 
  • Pie charts – Great for representing customer demographics, pie charts represent the composition of a whole in terms of percentage. 
  • Stacked charts – With these charts, you can present multiple data types within a single bar. They are useful for highlighting monthly budget breakdowns. 
  • Line graphs – These are useful for tracking changes over time. They are mainly used for plotting annual revenue. 
  • Attaching visuals to the dashboard

While customising the Power BI dashboard, you have to pin the most valid and suitable visual or chart. 

Click on ‘Add Title’ > ‘Create a Visual’ > Pin Icon to attach the icon to the custom dashboard. With the drag-and-drop feature, you can arrange the tiles as you feel. 

  • Dashboard themes

There are options for changing the dashboard themes in Power BI so that your dashboard has a new look. With every Power BI subscription, you have some inbuilt basic themes. You also have the option of downloading custom themes from the Microsoft Themes Library. With themes, you can work on the organisation’s branding. Themes also help in differentiating the dashboards on various parameters. 

  • Targeting the audience

With Microsoft Power BI, you can create effective dashboards for specific users. You can target your audience specifically for better results. For instance, if you are creating an accounting dashboard, you can highlight things like product performance, monthly expenses, revenue generation and other things. To capture the attention of your audience, Power BI lets you expand the charts and drill into the reports. Refrain from cluttering your dashboard with unnecessary information and data. 

  • Sharing the dashboard

The best thing about Microsoft Power BI is that you can share the dashboard with colleagues, peers and major decision-making professionals in the organisation. You can edit the imported databases by adding or modifying content in the datasets. The visuals and charts in the Power BI update automatically with the edits. As a result, users can see the updated data, which helps in boosting the transparency and productivity of the organisation. 

Items that are customisable in the Power BI dashboards

The drag-and-drop functionality of Power BI simplifies the presentation and data extraction process in interactive data visualisations. Here are certain items which are customisable in the Power BI dashboards:

  • Security filters

You have the option of setting up access filters for ensuring that viewers only see information which is relevant to them. You can overcome the risk of unauthorised access. 

  • Machine Learning

Power BI users can make Machine Learning (ML) models, incorporate Azure Machine Learning, and access image recognition and text analytics. 

  • Real-time data

With Power BI, you can update dashboards in real-time. This implies that data is streamed continuously letting viewers solve issues and determine opportunities on the go. Live data can go from business apps, social media or any other source. Some of the data is time-sensitive as well. 

  • Cortana Integration

Cortana, the digital assistant, can be integrated into Power BI. with this integration, you can put questions in your natural language for accessing any kind of information. This is a very useful feature for users who access Power BI through their mobile devices. 

  • Publication and distribution

Power BI dashboards enable direct uploading of visualisations and reports instead of uploading large files to the shared drive or sending them via email. As soon as the underlying dataset is updated with fresh data, the dashboard data is refreshed every time. 

Summing it up

Data has a superpower today. With Microsoft Power BI dashboards, you can make your data understandable to users. You can use data from various sources and develop visually immersive and impressive insights for informed decision-making in businesses. Add more value to your business with Microsoft Power BI dashboards. 

If you want to unleash the power of Power BI and understand data better, taking up a course in the subject will be of great help. Many universities and institutes offer a Data Science course with placement opportunities to interested candidates. 

Imarticus Learning offers a Post Graduate Programme in Data Science and Analytics. Build your career in Data Science and Analytics with guaranteed job assurance with this course. The course covers Python programming, logistic regression, data visualisation and related topics. The course includes a live learning module, real-world projects, a job-specific curriculum, dedicated career services and many more features. 

Apply now for the course!

The advantages of having CMA certification: Courses, certifications and process

The accounting and finance industry is growing rapidly. Professionals in this field must stick to the latest trends and technologies to stay competitive. One way to improve your expertise and career options is CMA (Certified Management Accountant) certification.

CMA certification is a globally recognized accounting certification that proves your financial knowledge and skills.

CMA Certification

This article will explore CMA certification, its benefits, the CMA certification courses, etc. Stay with us on this journey and get the right knowledge about your career in CMA.

What is CMA Certification? 

CMA (Certified Management Accountant) certification is a professional certification for management accountants. It is a certification that gives strong knowledge of financial planning, analysis, control, decision-making, and professional values.

To be qualified for CMA certification, you should have a bachelor’s degree or a professional accounting certification. You should also have two years of professional experience in financial management. Besides this, you must also pass both parts of the CMA exam.

The exam covers risk management, financial planning, analytics, cost management, investment decisions, professional ethics, and more.

CMA certification has multiple benefits in the accounting and finance professions. The benefits include:

Increased earning potential

More career opportunities

Enhanced professional credibility

Improved skills and knowledge and more

The certification benefits you if you want to pursue a career in corporate finance, financial planning and analysis, internal auditing, and other related fields.

Benefits of Having a CMA Certification 

A CMA (Certified Management Accountant) certificate can offer a range of benefits to individuals in the accounting and finance professions. Here are some benefits of obtaining CMA certification:

Business Appeal

The CMA certification is a helpful investment for your career in accounting and finance. It proves your expertise in this field and provides vast business and accounting knowledge.

This knowledge allows you to make informed decisions and play an active role in the industry. You can improve your business appeal and be a trusted member of an organization by obtaining a CMA certificate.

Increased Earning Potential 

It is a globally recognized certificate that employers positively value. You can earn higher salaries and better bonus packages with a CMA certificate. Studies have found that a CMA holder makes about 67% more than other candidates who do not have a CMA certificate.

Greater Career Opportunities 

It provides global career opportunities because of its great demand. It might help you fulfil your dream of making a career in a foreign country.

With this certificate, you can apply for a job in European and Middle Eastern countries and receive a hefty salary package. It opens up many career opportunities in corporate finance, financial planning, analysis, etc.

Other Benefits 

CMA certification offers multiple benefits. Some other benefits of certification include enhancing professional credibility, improving knowledge and skills, networking opportunities, etc.

CMA Course Process 

To get a CMA (Certified Management Accountant) certification, you must complete a course that covers the necessary accounting and financial management topics. The CMA course process generally involves the following steps:

Choose a CMA Course Provider: Choose a reputable CMA course provider to prepare for the CMA exam.

Enrol in the Course:  After selecting a course provider, you can enrol in the course of your choice.

Complete the Course: Candidates must complete the course and study all the topics covered in the CMA exam.

Practice with Mock Exams: To prepare for the CMA exam, candidates must practice with mock exams to identify improvement areas.

Take the CMA Exam: Once candidates have completed the course and feel prepared, they can register for and take the CMA exam.

There are several CMA course providers available such as Imarticus’s CMA courses. Imarticus provides one of the best accounting and finance courses with study materials, video lectures, and mock exams to help you prepare.

CMA Course Details

Here are some essential details of the CMA (Certified Management Accountant) course in India:

Course NameCourse ProviderCourse LevelTotal Number of PapersCourse DurationAverage SalaryJob Profiles
Certified Management Accounting CourseImarticus LearningFoundation, Intermediate, and Final202 – 3 Years6 Lacs annuallyFinancial analyst, Budget analyst, cost controller, financial officer, accountant, etc.

Final Words

Getting a CMA (Certified Management Accountant) certification can provide multiple advantages in the accounting and finance industry, including career growth, competitive advantage, and access to a global professional network.

By enrolling in a reputable course such as the Imarticus CMA course, you can enhance your career opportunities and become a trusted member of an organization.

Get the best and most affordable CMA course at Imarticus Learning and make an excellent investment in your career.

Treasury Bills vs. Treasury Bonds vs. Treasury Notes

Investors can invest in government-issued debt through three commonly known securities: treasury bonds, notes, and bills. These securities, known as ‘treasuries’ are issued by the Reserve Bank of India (RBI) and are traded in the money market.

When deciding which type of government-issued fixed-income security to invest in, it’s essential to consider your investment goals and risk tolerance. Basics of stock, borrowing, & lending and proper knowledge of the financial markets are necessary before investing in these securities. Obtaining knowledge and getting certified from various online investment banking certification courses ease this process.

Treasury bills (T-bills) – They are money market instruments that are issued in ‘91 day’, ‘182 day’, and ‘364 day’ tenures. T-bills are zero-coupon securities, which means they do not pay any interest. However, they are purchased at a discounted rate and then redeemed at the original value (non-discounted value) after the bill matures. The return to the investors is the difference between the maturity value and the issue price.

T-bills are auctioned by the Reserve Bank of India (RBI) on behalf of the government. The RBI publishes a calendar for auctioning T-bills, which includes the precise date, the amount to be auctioned, and the maturity dates. T-bills are available for purchase in the primary market, where the government gets money by selling investors T-bills. To acquire T-bills, you must usually go through authorised brokers or banks who are authorised to participate in the T-bill auction process. For holding or owning T-bills, you need a trading account, a Demat account and a trading platform.

T-bills are a reliable and secure investment choice in India due to their high liquidity. They are also a popular short-term government scheme issued by the RBI and are backed by the central government. The features of T-bills include low investments, which cater to small and new investors who are looking to invest in T-bills.

Treasury Bonds (T-bonds) – Indian government-issued Treasury bonds are also available for investment in the money market. The India 10-Year Government Bond has a 7.315% yield, and the 10 Years vs 2 Years bond spread is 26.7 bp (basis points). The India 20-Year Government Bond has a yield of 7.416%. The bonds can be purchased through brokerage firms, banks, or bond dealers, and investors need to have a Demat account.

In the derivatives market, T-Bond futures and options are actively traded, allowing investors to hedge their positions or speculate on future movements in T-Bond prices. T-Bonds are popular among investors with significant resources such as banks, insurance firms, and pension funds searching for long-term investments with a fixed rate of return.

Treasury Notes (T-notes) – Treasury notes, often known as T-notes, are medium-term debt securities issued on behalf of the Indian government by the Reserve Bank of India (RBI). They have a 2-10 year maturity duration and pay a set interest rate semi-annually till maturity.

Because of the Indian government’s good creditworthiness and low default risk still makes T-notes a relatively secure investment. They are popular with investors seeking a guaranteed rate of return over a medium-term investment horizon.

Key Differences Between T-Bills, T-Notes, and T-Bonds

Treasury bonds offer the highest yields but have the highest risk due to their long-term maturity. Treasury bills are the safest but offer the lowest results. Treasury notes offer a middle ground in terms of both maturity and yield. A comparative study between these three government-issued securities is presented in the below table:

Features Treasury Bills Treasury Notes Treasury Bonds
Maturity 1 year or less 2 to 10 years More than 10 years
Interest Payment No interest paid until maturity Semi-annual interest payments Semi-annual interest payments
Interest Rate Lowest among the three Intermediate rate Highest among the three
Risk Lowest risk Moderate risk Moderate risk
Minimum Investment As low as Rs 25,000 Rs 10,000 Rs 10,000
Volatility Least volatile among the three Least volatile among the three Most volatile among the three
Yield Curve Used as a benchmark for short-term interest rates Used as a benchmark for medium-term interest rates Used as a benchmark for long-term interest rates
Derivatives Market T-Bill futures and options are actively traded T-Note futures and options are actively traded T-Bond futures and options are actively traded
Liquidity Highly liquid, traded actively in the money market Less liquid than T-Bills, traded in the money market Less liquid than T-Bills and T-Notes, traded in the debt market

The India 91 Day GOI Treasury Bill Bond Future Historical Data shows that the highest value was 98.36 and the lowest was 98.28 between February 24, 2023, and March 24, 2023. It is important to note that past performance is not indicative of future results, and investors should consider other factors such as interest rate risk and inflation risk when making investment decisions. 

Conclusion

Imarticus Learning offers a Certified Investment Banking Operations Professional (CIBOP) program that is designed for individuals who want to build a career in financial operations, including the Treasury and Clearing divisions in the financial markets. The program offers investment banking certification and the CISI (The Chartered Institute for Securities & Investment ) certified IOC (Investment Operations Certificate) upon completing the program.

These certifications are well-recognised and equip students for a worthwhile career within the money market and basics of stock, borrow & lending. Imarticus Learning has a placement team that helps students find jobs after completing the program. The program has a high placement rate, and students who complete the program have a head start in their careers as investment bankers.

The course covers all the topics related to investment banking such as handling complicated securities and derivative products, their trade-life cycles, and the functions associated with investment banking operations.