3 Cyber-Security Threats Your Business Needs to Look Out For

In a world where the internet connects everything, cybersecurity has never been more critical.

Cybersecurity is the protection of computer systems from theft or damage to their software, hardware, any digital data as well as from the disruption or misdirection of the services they provide. In today’s world, cyber-security is usually associated with the internet since many of us have easy and direct access to the network. 

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In 2020, the COVID-19 pandemic created a new playground for hackers. Nowadays, it is not uncommon to read stories of banks, credit card companies, online retailers, phone companies, and other companies having their systems breached and customer’s data stolen.

Here are the top 3 cyber-security threats your business needs to look out for this year.

1. Phishing

Phishing is one of the most common cyberattacks due to the high level of interaction humans have on the internet. Phishing scams usually occur through social engineering in traditional email and cloud services attacks. 

Most emails are disguised as messages from trusted individuals like a manager, coworker, or business associate to trick your employees into activating the enclosed malware or granting unauthorized access. Businesses should take advantage of email phishing protection software and employee training to reduce the risk associated with these attacks.

2. Hacking your home

With more people living and working from home, the number of devices connected to the internet has increased. The evolving world of the connected lifestyle gives hackers more potential entry points to homes and consumers information through devices, apps and web services.

People working from home often use personal devices while working and log in to home networks that are not fully secured. And so, cyber criminals look to exploit our vulnerability as we work remotely and seek online entertainment.

3. Ransomware

Cyber security analysts believe that threats from all the wares such as ransomware, malware, spyware, scareware and adware will remain one of the biggest concerns for security teams in 2021. For example, a scam email may threaten people that their webcams have been compromised and certain images have been captured. It requires them to make payments destroy such images.

It has been predicted by cybersecurity ventures that a business will fall victim to a ransomware attack every 11 seconds in 2021.

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