As technologies advance in the digital world, cyber threats are surging at an alarming rate. Whether it is a corporate business or gaming world, every company has witnessed a considerable spike in the number of cyberattacks in the past few years. Businesses have raised a collective concern for better cybersecurity measures to safeguard clients’, customers’, and business data. Increasing cyber-attacks on businesses can place them in a vulnerable condition if any confidential data breaches occur.
How Are Hackers Attacking The Businesses And Making Them Vulnerable?
With the growth in digital tools and services, hackers utilize a wide range of mobile and web applications to execute cyber-attacks. They employ methods like phishing, email messages, sending viruses/malware, sending gamers fraudulent messages, and much more. These hacking tactics allow the hackers to access the core systems, software, and other confidential resources.
If you want to protect your business, it is crucial to understand cybersecurity and use cybersecurity techniques to prevent attacks on the organizations’ data.
What Is Cybersecurity?
Cybersecurity is a standard guideline or practice that helps protect confidential data and safeguard against cybercrime. Many cybersecurity professionals and experts continuously work to build enhanced defense features to prevent and minimize the impact of cyberattacks. These features help a business have robust protection against cyber threats. These threats are an ever-present danger for companies. The former CEO of Cisco, John Chambers, once stated that “There are two types of companies: those that have been hacked, and those who don’t know they have been hacked.”
Cybersecurity has become a growing need of organizations due to the ever-present and evolving cyber threats and cyberattacks on the confidential data of businesses.
What Are Cybersecurity Threats?
Cybersecurity threats represent unethical and unlawful attacks to access unauthorized company data for IT experts. Moreover, these attacks can disrupt the resources, corrupt/steal the data and cause damage to the business reputation. Cybersecurity threats can originate from various sources such as corporate spies, hostile groups, and even lone unethical hackers.
What Is The Reason Behind The Increasing Cyber Threats?
The reason behind the exponential increase in cyber threats can be varied. Mostly, the hackers are looking to make quick money from various business houses. Apart from this, the companies’ data get sold to rival companies. Cybercriminals use a similar form of attack against numerous businesses, then whichever company has a weak spot in their cyber defense falls prey to these attacks.
There are 7 types of cybersecurity threats that businesses and corporate houses should be well-prepared to tackle. The common threats are listed below:
#1 Cybersecurity Threat: Malware
Malware refers to a wide range of malicious software that can enter your systems and breach confidential data. Common malware types are viruses, spyware, worms, Trojan horses, and ransomware. Activating malware in a target system is possible with a single click. The malware installs high-risk software in the system, through which the hackers can get access to the data. According to the research conducted by Cisco, it was reported that an active malware can:
- The installed programs can leak confidential data. Disrupt the overall access to the major networking components.
- Disrupt various parts of systems and business resources.
#2 Cybersecurity Threat: Malware Emotet
Emotet is a Trojan program used to disrupt the functions and operations in the banking sector. According to Cybersecurity and Infrastructure Security Agency (CISA), Emotet is highly dangerous for the system resources. The expert cybersecurity professionals contend that Emotet can cause large-scale damage to the business, and restoring all the functions is expensive.
#3 Cybersecurity Threat: Denial Of Service
Most of you have heard of DoS attacks that have the potential to flood the network and system with multiple requests. While executing the DoS attacks, the hackers will eliminate the requirement of the “Handshake” method and get access to the system. The DoS attacks can infect multiple systems simultaneously and disrupt smooth business functioning with the DoS attacks. The most common DDoS (Distributed DoS) is a botnet, and hackers use it to block the efficiency and capabilities of the system. The attacks executed with botnets are usually hard to trace down.
#4 Cybersecurity Threat: Man In The Middle
MITM is a type of cybersecurity attack that allows hackers to get into the system through a two-way network. Once the hacker can access the system, that can steal and filter confidential data. Cybersecurity experts say that such attacks are possible when individuals use unsecured networks, such as public Wi-Fi.
#5 Cybersecurity Threat: Phishing
Phishing attacks are yet another type of cyberattack that gets carried out through fake communications. Phishing attacks get executed through emails and other communication modes. It can trick the users into sharing access credentials, such as passwords, PINs, and other essential information, which provides hackers access to the data or the account. Through phishing attacks, the hackers can access confidential data such as credit card details, usernames, passwords. The hackers can completely control the victim’s machine. Once the security is breached, the cybercriminal uses it to achieve his target. It can disrupt business reputation and position in the market if customer data gets compromised.
#6 Cybersecurity Threat: SQL Injections
SQL—Structured Query Language Injections are programs that contain malicious codes. These codes are inserted into the systems in different ways. These attacks primarily target the backend information or data that is not meant to be visible/displayed to a general user. It can infect the system and corrupt files and folders.
#7 Cybersecurity Threat: Security Breach Through Password Attacks
Username and password are authentication factors that keep the files, folders, and systems protected from unauthorized access. The hackers attack the system to steal the passwords and break into the system. The hackers employ social engineering, creating a sense of emergency and utilizing psychological manipulation to convince the victim to reveal sensitive data. If you use standard security practices, these password attacks can be prevented.
It is essential to work with the best cybersecurity service provider to safeguard your businesses. It becomes easy to manage and maintain strong security when you get enterprise-grade security solutions for your business. These security covers safeguard your systems and networks through which they are connected. At Vijilan, we deliver robust cybersecurity services to protect all the business data, systems, and various resources. Request a free demo today to get insight into our cybersecurity services and understand what would suit your business requirements.