Cybercrime and Possible Cyber Threats to Business

One thing from the recent past we learn is that hackers are evolving themselves continuously. Once upon a time they were creating fake offers to steal people’s money, then they went to phishing pages and now they’re using technology tools. Cybercrime is related to cyber threats. Your business may be at risk, if your business does not yet have effective cyber security, then don’t risk your business.

This article will let you know in depth about information and cyber security:

Possible cyber security threats:

1. DDoS attack.
2. Cross-site Scripting.
3. Machine Learning Poisoning.
4. Cloud based threats.

Safeguard your business from cyber threats.

1. Using two-factor authentication.
2.  Having In-Depth Knowledge About Risk Factors.
3. Carrying out risk assessments.
4. Having a good quality of anti-virus.

Cybersecurity is all about staying ahead of threats rather than managing them later. Read on to know and prepare for the top cyber security threats that organizations face in 2021.

1. DDoS attack (Distributed Denial of Service):

If you notice that your website is suddenly going offline due to high traffic, it may reflect a distributed denial-of-service (DDoS) attack. 

These attacks are increasing day by day and can take you to disastrous conditions where it will affect both your company image and brand reputation.

This threat is really a matter of concern, it also has the potential to threaten a country’s reputed websites. For example, on 3rd of may, A coordinated DDoS attack was carried out against Belgium’s parliament, scientific institutions, police services, and universities. 

Therefore, it is imperative to be aware of such attacks.

2. Cross-site Scripting.

By acquiring access to the roots, hackers create cross-site scripting that allows them to steal information from the original site of your business. The most commonly stolen data includes credit card details, social security numbers and phone numbers. 

3. Machine Learning Poisoning:

If a hacker targets a machine learning model and injects instructions into it, the system becomes vulnerable to attacks. Machine learning models typically use data that is crowd-sourced or taken from social media. They also exploit user-generated information such as satisfaction ratings, purchasing histories, or web traffic.

4. Cloud based threats:

Cloud based threats will continue to be one of the biggest cyber attacks and It’s security challenges faced by organizations. This is because enterprises are leveraging cloud applications and storing sensitive data related to their employees and business operations on the cloud. The adoption of the cloud is creating new challenges for firms and intensifying the old ones.

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Data breach, misconfiguration, insecure interfaces and APIs, account hijacking, malicious insider threats are among the top cloud security threats that will continue to threaten firms. So it has become mandatory for any business to invest in a robust cloud security strategy.

Here are some tips through which you can increase the cyber security of your business and minimize cybercrime:

1 . Using two-factor authentication.

You can minimize the risk of getting hacked by using two-factor authentication for your company. Encourage all employees to use two-factor authentication as it increases security by adding an additional step for accessing accounts. In this particular system, you have to enter a password plus you have to enter a code that is sent to your smartphone, something that only you have access to. This double authentication allows you to protect your data and discourages hackers from attacking.

With activity and associated location data being highly sensitive, Fitbit is finally rolling out support for two-factor authentication.

It is also highly recommended for your business.

2. Having In-Depth Knowledge About Risk Factors

The more knowledge you have about the risks involved in your business, the better the security measures you will be able to take for your company. You have to understand the nature of your business and conduct research regarding all possible threats that might harm your corporation. After doing proper research, develop and implement security strategies accordingly in order to reduce the risks that you have identified.

3. Carrying out risk assessments

Conduct cybersecurity risk assessments on a regular basis in order to mitigate the risks. There should be a separate department in your company that is dedicated to minimizing the risk of data loss. Cybercrime is increasing but best cybersecurity help to reduce cyber crime. Risk Management is one of the key factors that contribute towards the growth of your company as it keeps the business safe from getting exposed to competitors who are always looking for insights.

4. Having a good quality of anti-virus

Annt-viruses are essential for every computer; if you do make a human error by accidentally downloading some type of a virus, your anti-virus software is there to protect you. Cybercrime is increasing due to the bad quality of Antivirus.Just make sure to update it continuously.

Common types of cyber attacks

• Imo cyber attack
• Rat cyber attack
• Ryuk cyber attack
• Evil twin cyber attack
• Lion cyber attack
• Trojan cyber attack
• Triton cyber attack
• Sandworm cyber attack

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Conclusion:

Hopefully, this article provided you with a wake-up call, if your cyber security policy is not upto date, worse still or you don’t have a cyber security policy. Be aware of possible cyber threats and with the help of above mentioned tips implement the strategies to encounter cyber threats.