Learn About Today’s Most Common Types Of Cyber-Attacks
If you’ve turned on the news sometime during the past few years, you’ve probably heard of more than one instance where a business closed due to a cyber-attack. You may think your business is small enough and hackers won’t target you, but this couldn’t be further from the truth. Every business is at risk of experiencing a cyber-attack and should be well-prepared to defend against these threats. With the right type of attack, a cybercriminal can gain valuable information about your business, customers and employees, which can be used to damage your reputation and hurt you financially.
If you’re a business owner or leader and you want to ensure your business is well-protected, check out the most common cyber-attacks that are affecting companies today. From there, you can implement cyber security awareness plans and tactics to ensure your business is protected from cybercriminals.
It is a type of social engineering where an attacker sends a fraudulent message designed to trick a person into revealing sensitive information to the attacker or to deploy malicious software on the victim’s infrastructure. Phishing scams can wreak havoc on your business and personal life. You may have seen an e-mail from someone claiming to be Amazon or your credit card company asking for specific sensitive information. Often, the e-mail address does not line up with who the person is claiming to be.
When a phishing scam targets your business, they’ll likely request valuable information from your employees such as passwords or customer data. If your employees fall for the scam, they could give a cybercriminal unprecedented access to your network and systems. This may also allow the cybercriminal to steal private employee and customer information, leaving your employees vulnerable to identity theft. Phishing scams can be averted by using common sense and providing cyber security awareness training to your employees. Most companies will not request private information over e-mail. That being said, if an employee receives a suspicious e-mail, they should do their due diligence to ensure the e-mail is genuine before responding in any way.
Malware is software installed on a computer without the user’s consent that performs malicious actions, such as stealing passwords or money. There are many types of malware, including spyware, viruses, ransomware and adware. You can accidentally download malware onto your computer by clicking on sketchy links within e-mails or websites. You might not even notice you have malware on your computer right now. If your computer is operating more slowly than usual, web browsers are taking you to random sites or you have frequent pop-ups, you should scan your computer for malware.
Prevention is key in stopping malware from affecting your business. Employing a managed services provider is the top choice for ongoing network security monitoring and protection. With malware, it’s always better to play it safe than sorry. Ransomware can paralyze your business operations until you pay the ransom if an attacker gains access to your network. Paying the ransom may not fully restore your reputation, and your business could still suffer significant consequences. Watch where you click on your phone; cellphone malware attacks are rising.
Attacks Involving Passwords
How do your employees access your network or computer systems? They most likely use a password to log in to their computer, access their e-mail and much more. What would happen if someone with bad intentions gained access to one of your employee’s passwords? Depending on the individual’s access, they could obtain sensitive information about your business, customers and employees.
Your team should be using long, complex passwords for their accounts, and each password for every account should be different. Promote password managers for employees to create and manage strong, complex passwords. You can also incorporate multifactor authentication to ensure nobody can steal a password and gain access immediately. You should make your employees aware of this during your annual cyber security awareness training.
If your business falls victim to a cyber-attack, it could have lasting consequences for everyone involved. Now that you’re aware of common cyber-attacks, take action to safeguard yourself and your business.