Cyberattacks are becoming more frequent and could be devastating to a company. If you are an owner of a business, you need to do everything you can to safeguard your company from cyberattacks. This includes implementing best cybersecurity practices and keeping your employees updated about the most recent threats.
Cyber security threats to your business: 5 major cyber security risks you must be aware of
1. Password theft is among the most common reasons that businesses suffer data breaches. Employees are the entry point into the company’s systems. They can unknowingly share private information with others, or they may make a mistake with their passwords that could result in a hacker getting into the system. For example, many people opt to use pet names or dates of birth as their passwords. These can easily be cracked by hackers using a few online tools.
2. Malware:
Ransomware and viruses are two common threats that can damage your computer system but they’re certainly not the only ones. Cybercriminals use social engineering techniques and other methods to gain access data. They often send emails or call you pretending to be a tax department or bank authority to deceive you to give up your information.
3. Business Email Compromise:
This is one of most expensive cyber attacks. Criminals compromise business emails in order to defraud an organization. They typically gain access the email accounts of employees and then manipulate their company to send money to their personal accounts. This could lead to massive losses for the business and will be difficult to recover from.