Top 6 Cyberattacks that can Damage Your Business

Digiryte logo 180x180 round fit
Digiryte March 30, 2020 09:49 3 min read 578 views so far!

“Cybercrime is the largest menace to every organisation in the world. Every online interaction is an opportunity for hackers to exploit and disrupt lives. A single vulnerability is all attackers need.”

 

We all know how Pollution had adverse effects during the Industrial Revolution. Today is the Security Vulnerabilities that are increasing with vast internet connectivity.

 

A cyber attack is the exploitation of vulnerabilities. 90% of large organisations breach and 75% of small and medium enterprises suffer the same. 1 in 5 allows cybercriminals to access sensitive corporate data. Surprisingly, 97% of websites all around the world lack underlying security as we leave digital footprints- Personal, Business or Financial Data.

 

Cyber attacks take place every time. Even as we speak, some organisation security is compromised. We must educate ourselves about the cybersecurity threats we have.

Here are the top 6 cyber-attacks you should know that can harm your business in many ways that you couldn’t imagine.

Malware

It’s a term for a variety of attacks that include worms, computer viruses, spyware and trojans. Malware is a code that hackers use with malicious purposes to steal or destroy computer data.

Prevention:

  • You need to update your antivirus.
  • Be cautious of social engineering scams.

Phishing

Do you know nearly 40% of data breaches happen from phishing? Cybercriminals lure their victim to provide them with sensitive data like bank credit card details and passwords. It’s a common form of social engineering and tricks users into clicking a link or downloading an attachment via email or SMS.

 

Prevention:

Manually type the site’s URL instead of clicking on the links.

Always report malicious emails and double-check those email sources.

 

Ransomware

It is one of the oldest methods cyber attackers use since the ’80s. It holds victims’ sensitive data for ransom and then blocks them to access their data. By 2021, ransomware will occur every 12 seconds.

 

Prevention:

  • Avoid clicking suspicious links or email attachments.
  • Keep your OS up-to-date.

Sql Injection

It is a code injection method to destroy your database. It’s a common hacking server technique to steal information like usernames, passwords and credit card numbers.

 

Prevention:

  • Adopt the latest technologies that give SQL Protection.
  • Never trust any user input.

 

DDOS Attack

A distributed denial of service happens when an attacker floods website traffic to handle several IP addresses. A DDOS attack distracts and breaks into the corporate data.

 

Prevention:

  • Use complex passwords
  • Secure firewalls and anti-phishing methods

Passwords Attack:

Despite being familiar with the password attack, it is still prevalent because of its simplicity. Hackers use sophisticated techniques to attain passwords that are weak and open online accounts.

 

Prevention:

  • Avoid using simple passwords.
  • Perform brute force lockout policies.

Legal Consequences

For citizens’ data protection, many countries have implemented GDPR, HIPAA and CCPA compliance. In case you don’t follow these compliance regulations, and your organisation data gets compromised, you will face severe fines or penalties.

 

How do I prevent my business from cyber-attacks?

  • Limit your employee access to your organisation data and information.
  • Install Uninterrupted power supplies.
  • Set up email and web filters.
  • Activate both software and hardware firewalls.
  • Patch your OS and software frequently.

Conclusion:

No matter how protected your security program is, these tips help you to mitigate damage building a more robust defence.

 

How secure is your digital system? Click Here

Category
Technology