Current High Risk Cyber Security Threats​

Current High Risk Cyber Security Threats

Global cybercrime is on the rise. There is a very common misconception that cybercriminals only tend to go after larger companies as they have the most valuable data that interests the criminals. However, we know that this is no longer the case. Cybercriminals are now going after any information that they deem valuable. We have compiled a list of some of the current high-risk cybersecurity threat and how they could affect your business.

Ransomware

Ransomware is a form of malware, that infiltrates your machine and attempts to block the user access to data until a fee has been paid (the highest recorded fee demanded was $50,000,000). One of the most common ways that cyber criminals infiltrate your business systems is by using phishing spam-sending attachments that come to the victim in an email, masquerading as a file they should trust. Once they’re downloaded and opened, they can take over the victim’s computer, especially if they have built-in social engineering tools that trick users into allowing administrative access.

Phishing

Phishing is an attempt to gain sensitive information whilst posing as a trustworthy contact, such as your bank, medical provider and workplace. Phishing usually comes in the form of an email, and cybercriminals have worked hard to make their emails look as convincing as possible to the unsuspecting target. The emails often include links that ask the target to make a payment. To protect yourself from phishing, bear in mind that certain companies will not ask you for personal information, it’s highly unlikely that the NHS would ask you for your bank details! You should also be suspicious of any unexpected emails, if it seems odd then trust your gut! Making sure that your anti-malware software is up to date, is one way to avoid phishing scams.

Hacking

Hacking is nothing new, it’s been around since before the internet became a mainstay of every home. Hackers gain access to a business’s IT system from outside of the organisation. They attempt to crack into computer systems by working out user’s passwords, usually by social engineering or via a keylogger installed via malware, to gain access to sensitive information such as bank account information or credit card databases. To protect yourself and your business from hackers, you need to make sure that firewalls are up to date, passwords are regularly changed, and training is given to ALL employees.

Insider Threats

There is always the possibility that your staff (full time, part-time or contractors) could leak your data accidentally or maliciously. You should not underestimate the potential damage that a leak could cause for your business. You should use the following tips to lessen the size of any possible data leak:

  • Control the use of portable storage devices such as USB sticks, portable hard drives and media players
  • Educate your team to be alert to any issues that may arise
  • Limit how much access staff members have to data. Only provide staff members with the minimum access they need to complete their job.

It is also key to remember that should someone leave your employment; you should remove their access to your business’s data immediately, if not before they are told their employment has been terminated.

Cloud Jacking

Since we’ve been working safely from home, more and more businesses have been relying on the cloud to keep everything running smoothly. Cloud jacking is what happens when a cybercriminal takes over an individual or a businesses account, again, usually by social engineering. Once the criminal is in control of the account there’s no stopping what they could do, but it’s likely that it will end in data or identify theft or even ransomware. Any cloud-based asset that you or your business own, should be protected at the very least by multifactor authentication.

 

If you are worried about your business and if your cybersecurity processes and protocols are up to date, then contact us today to arrange a consultation about your IT security and see how we can help your business!