According to a study by Comparitech, over 71 million people fall victim to cybercrime every year. These cyberattacks happen roughly every 39 seconds. In addition, these rates have only increased since the beginning of COVID-19.
Whether your company is big or small, you must understand your cybersecurity vulnerabilities. These malware attacks could cost you millions of dollars. At worst, you’ll lose your business and find yourself in deep legal trouble.
These are some common threats to look out for and how managed IT solutions help.
Common Cybersecurity Threats
One of the most common forms of cybersecurity threat is phishing. Phishing involves contacting someone while pretending to be someone else. They may request private information from you through email or even text messages.
Malware is malicious software that can access your company’s network through email attachments. All it takes is one click to compromise your database.
The hackers can then do whatever they want with your information. They may host your information or gather sensitive data with spyware to sell. Some malicious hackers will even shut down your operations.
There are also denial-of-service attacks that involve flooding your servers and networks. The goal is to drain your bandwidth and slow down your network. This is a malicious act aimed at sabotaging your business, but it may also be used to divert your attention from other schemes.
Cybersecurity Vulnerabilities
A significant vulnerability to consider when assessing your cybersecurity measures is human error. Most cyber incidents happen due to human error, which accounts for over 80% of incidents. Unfortunately, this is inevitable as long as your business utilizes human workers.
Attackers easily crack weak passwords. Outdated software leaves open vulnerabilities that have long since been patched out. There’s also the risk of insider threats from contractors or other temporary employees.
Your online storage may be vulnerable to a cyberattack if you have poor cloud security information.
How to Protect Your Company Better
There are a few different ways to protect your company from cyber threats.
First of all, prioritize cybersecurity education. Your employees should take some training as part of their onboarding process. After that, you’ll need to have at least one annual training session every year to stay on top of the ever-changing cybersecurity environment.
Something like role-based access control limits access rights according to your position in the company. If you don’t need to see something, you won’t be able to.
Finally, managed IT services are designed to help protect your data and teach your employees proper online etiquette. They can perform a cyber awareness knowledge check to verify whether your company is ready or not.
Avoid Online Threats
Every company has cybersecurity vulnerabilities that they need to watch out for. Frequent training and constant communication with their managed IT service provider are both essential. Otherwise, the criminals will eventually find a way to access your private information.
Lucky for you, Pegasus Technologies is here to help. We provide managed IT services with personalities that match yours. Speak to our experts to learn more about how we can help you.
