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NEWS you can use

The biggest cyber threats for businesses

10/12/2018

4 Comments

 
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1. Phishing. Phishing attacks are the means by which most malware finds its way into any business. When someone within your organization clicks on a link or attachment in a phishing email the malicious code gets downloaded.
  • Wombat Security has said that 76% of businesses have been a victim of a phishing attack within the last year.
  • SANS Institute reported that 95% of all attacks on enterprise networks are the result of successful spear phishing.
2. Ransomware. This is malicious software (malware) that infects your machine and begins by quietly encrypting files. Once completed, it presents you with a "ransom note" stating something to the effect, 'if you want to see your files again, you’re going to have to pay.' If you decide to pay, you're only encouraging criminals, almost guaranteeing you will pay again in the future.

The best defense against ransomware is offense with a well-defined disaster recovery/backup and restore program. Best practices include backing up your assets regularly and testing the restoration process. If you can restore your organization from backup, why pay a ransom?

3. Insider threats. These come in two categories – unintentional and intentional.
Physical security of employee devices can help reduce losses. An asset management solution can help prevent lost or stolen devices, preventing attackers access to valuable information. Connection to insecure networks, especially unsecured wireless networks, has the potential to give anyone in the world access to your business! Secure connections and firewall software is another preventative measure that can help loss from unintentional insider threats.

What reasons would employees have to become an intentional threat? Many do it to steal property or information for personal gain or to benefit another organization. Over 80% of the reported cases of insider threat to date have been done during working hours, with the activity planned beforehand, and for financial gain.

Remember, half the battle against cyber security risks in knowledge and taking proactive measures.

Related links: Commercial Insurance
4 Comments
Software Project Development link
7/4/2022 02:26:05 pm

A Software Project Development is a complex undertaking by two or more persons within the boundaries of time, budget, and staff resources that produces new or enhanced computer code that adds significant business value to a new or existing business process.

Reply
Enterprise Resource Management link
7/8/2022 04:20:11 pm

Enterprise resource planning is the integrated management of main business processes and it can help to run your entire business, including finance, HR, manufacturing, and more.

Reply
b2b appointment setting companies in usa link
10/10/2022 02:44:58 pm

An asset management solution can help prevent lost or stolen devices, preventing attackers access to valuable information. Thank you for the beautiful post!

Reply
Java Developers link
10/25/2022 12:03:17 am

Thank you for your sound advice and tips. Really appriciable and useful post!

Reply



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    Melanie Thomson-Tregoning is a Licensed Insurance Agent and VP of Marketing for Connecticut Insurance Exchange, Ltd.

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