Cyberattacks are more frequent than ever and they can be damaging to a company. You need to do all you can as a business owner in order to safeguard your company from cyberattacks. This means implementing cybersecurity best practices and keeping your employees up-to-date about the most recent threats.
The 5 most significant cyber security threats to your business
1. The theft of passwords: One of the main reasons businesses suffer from data breaches is because of employees. Employees are the gateway into the company’s systems. Employees could be unaware of their rights to divulge confidential information to anyone outside or make poor password selections which could allow hackers to break in. Hackers can easily crack passwords that contain pet names or birth dates.
2. Malware:
Viruses and ransomware are common threats that can harm your computer however they’re not the only threats. Cybercriminals use techniques of social engineering and other methods to gain access information. They will often call or email you posing as a tax office, or another authority to entice you into giving up your information.
Business Email Compromise:
This is among the most expensive cyber attacks. Criminals compromise business emails to steal money from a company. They will typically gain access to an employee’s email address and then trick the company into transferring money to their personal accounts. This could result in huge losses for the company, and can be difficult to recover.