Cybercrime is one of the biggest threats to businesses in modern times. With the annual cost of cybercrime predicted to surpass $10.5 trillion by 2025, it’s vital for businesses to protect themselves.
One of the best ways to protect your company against cyber attacks is by being aware of cybersecurity issues.
Keep reading to learn about the most common cybersecurity issues and how your company should address them.
Weak Passwords
Weak passwords are one of the easiest ways for hackers to access your data. When employees have weak passwords, it makes it easier for hackers to gain access to their profiles and log into their accounts. From there, they have access to everything the employee has access to.
Letting employees choose their own passwords means they’re more likely to remember them. But that also makes your company vulnerable because employees will choose things that are easy to remember. Make sure your employees are trained on strengthening passwords.
Phishing Attacks
Phishing attacks are scams whereby hackers create convincing login pages to scrape your employees’ usernames and passwords. These scams are effective because employees unwittingly hand over their information.
Security can’t always stop human error, so training your employees to spot phishing attacks is important.
Malware Attacks
Malware is software that has been installed onto your system with malicious intent. Often this software will scrape information or steal money.
Malware protection and antivirus protection reinforce your systems against this software.
Ransomware
Ransomware is a type of malware. This software holds your system hostage, sometimes even threatening to destroy or release the information.
To release your data, hackers demand a ransom with instructions on how to pay it.
Destructive Attacks
Most cybersecurity issues focus on accessing data to steal it or hold it hostage. But some cyberattacks only care about destruction.
Destructive attacks target your systems and destroy as much information as they can. This can cost your company a fortune, both in lost data and the reputation damage that will follow.
A good way to avoid these attacks is by conducting a cybersecurity audit. This means you hire a company to find any vulnerable spots in your digital security so that you can fix them.
Insider Threats
Unfortunately, threats come from inside the business too. It’s too easy for outside forces to tempt your employees into giving them access to your system.
The best way to avoid internal data breaches like this is by limiting access whenever possible. Employees should only be able to access the information they need to do their job. It should also be easy to track who is accessing information through digital logs.
Protections Against Cybersecurity Issues
These are some of the most common cybersecurity issues that can leave your company vulnerable.
To protect your company, it’s important to ensure your employees understand how to strengthen their passwords and recognize phishing attacks. Bolster your digital security to avoid malware, ransomware, and destructive attacks.
Contact us for all your IT and digital security needs.