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Cyber security is a growing concern, especially as more and more devices are connected to the internet. Its importance can’t be understated for any company that uses information systems. Companies large and small should be concerned not only for their data, but also for the data of their employees and contractors.

Watch Out for These Threats to Your Company’s Cyber security

All too often, we hear about individuals and companies falling victim to malicious attacks or data breaches. Whether it’s someone stealing credit card information or data mining for company secrets, we all need to stay vigilant in preventing attacks. Stay a step ahead of criminals through awareness of these potential digital threats.

Here are some common cyber security threats you should watch out for:

  1. Phishing

Phishing is the process of tricking individuals into giving up information that can be used to compromise their information systems. The most common way of phishing is through email. In some cases, they will send out targeted emails that look like they’re coming from a reputable source. Once you click the link, you are directed to a website that asks you to enter sensitive information like emails and passwords.

  1. Malware

Malware can take many forms like keyloggers, spam, viruses, and worms. It’s usually delivered through an email or from an infected website. Once malware is present on your computer or network, it can do damage in many different ways. For example, a keylogger can be used to obtain credit card numbers, passwords, and other types of credentials.

  1. Ransomware

Ransomware is a popular form of malicious software that prevents or restricts access to an individual’s computer system. When it locks down the system, it prevents a victim from using the computer or accessing files and holds the data hostage until a ransom (typically money or Bitcoin) is paid. Contrary to popular belief, even smaller businesses can be a target of this scheme. 

  1. DDOS Attacks

DDOS attacks, or Distributed Denial of Service attacks, occur when a hacker infects multiple computers and then sends massive amounts of requests to one website. Eventually, the system shuts down, making it inaccessible to legitimate users. Sometimes hackers even target specific individuals, making it so they can’t complete simple tasks, like sending an email or watching a video online.

  1. Cloud Jacking

Cloud Jacking is a form of cybercrime where hackers hijack an organisation’s resources. They might break into a company’s cloud storage and then plant malicious code into the data. When accessed, it will record people’s actions and ultimately put all of your data at risk.

  1. Vulnerable APIs

An API (Application Programming Interface) is essentially a set of tools that developers use to make apps and websites easier to build. They provide ways to seamlessly connect different types of software. This could be the software you use throughout the company’s system to connect anything from healthcare to email. Because these programs are generally less secure, hackers attempt to access them to steal information.

Conclusion

Cyber security is an ever-evolving challenge. The number of potential threats is only increasing as more and more devices are being connected and information is being exchanged. Implementing advanced security measures, such as data loss prevention, can go a long way to enhance protection, but proper training for everyone in your organisation is necessary for effective protection.

In the cyber security industry, we know prevention is the number one priority. Contact us for your company’s cyber security risk assessment. Let’s work together to figure out areas your company needs to work on to keep all your precious data safe and secure.

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