Before we get into our latest security news, we just want to remind you that today is the day!
Our special CyberWeek virtual event with our very own Ken Truex, Director of Commercial Cyber Services, starts at 2pm EST.
Learn how to select a quality pentest vendor so you can find and fix the weaknesses in your IT infrastructure before an attacker finds them. We’re also outlining below a number of threats that are harmful to your business that a pentest vendor can help you avoid.
While the Internet makes our business and personal lives easier, it also brings a number of virtual threats. Cybercrime is up 600% due to the COVID-19 pandemic, and some threats are more common than others.
In this blog, we are outlining the top 5 cyber threats to your business.
1. Phishing: Phishing is the most common type of online crime where hackers impersonate a legitimate business or person in an attempt to trick a victim to divulge sensitive data such as banking information or account passwords. Targeted email phishing scams are reported to be used in 91% of successful data breaches. While phishing emails are becoming more sophisticated, there are some common prevention techniques all employees should know.
2. Malware: Malware is any piece of software that is designed with the intent of doing harm to data, devices, or people. Types of malware include viruses, worms, Trojan viruses, spyware, and ransomware. 92% of malware is delivered by email, and 1 in every 99 emails is a phishing attack.
3. Ransomware: Ransomware is a form of malware that encrypts a user’s files and demands a ransom to restore access. This type of attack is often deployed via social engineering tactics. Data suggests that ransomware attacks are estimated to cost $6 trillion annually by 2021.
4. Credential Stuffing: Credential Stuffing is a type of attack where bad actors use lists of comprised user credentials to break into a system. Hackers use bots for automation and scale to gain access to user’s accounts based on the email and password combination.
5. IoT Threats: The Internet of Things (IoT) is a growing area of technology. From smart watches to smart personal assistants, IoT devices are being used across business and personal accounts. The devices rely on the Internet to transmit data and as such are susceptible to an attack.
Individuals are the greatest risk to an organization’s security, so the best way to protect yourself and your business from these common virtual threats starts with training and education. Spend time teaching your staff about the top threats, how to spot them, and what to do if they fall victim to an attack.