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malware

4 Cyber Security Threats Every Organisation Must Be Aware Of

150 150 Andrew Broberg

Small businesses that hold on to the belief that cyber criminals only target large companies are exposing themselves to great danger. Cyber threats target everyone and with that said, small businesses are no exception. In fact, experts encourage small businesses to create high levels of security to prevent loss of assets.

Falling victim to cyber attacks is costly. For small businesses, it can break the bank. Cyber threats come in various forms. Educating employees about the risk factors can help decrease the possibility of a threat.

So how do you secure your organisation against cyber security threats? It is essential to be aware of the common types of cyber attacks so you can avoid situations which may put your organisation at risk.

Malware

Malware is a broad term and any machine can get infected once it is installed on a machine. How do you protect your machine against spyware, adware, ransomware and Trojans? Businesses should invest in anti-virus technology to prevent these viruses from taking hold. Even operating systems must also have firmware and firewalls. However, organisations should be aware that these services must  be kept up to date. Outdated services cannot protect your machine against threats.

Internal Threats

Small businesses also face one of the largest cyber security threats and these internal threats can seriously affect internal systems. It is important to take safety measures to reduce these risks. For instance, employees that have already resigned should no longer have access to sensitive files. Having tools that have the ability to track privileged accounts can also prevent malicious activity.

Lack cyber security awareness

Human error is also a problem to most small businesses. It is important for employees to obtain basic level of cyber security knowledge. If employees lack knowledge about different types of cyber security threats, they will be easily convinced to provide their user information and password once a spear phishing email is received. Since you are not always present to monitor your employees’ activities, raising their awareness can make a great difference.

Bring Your Own Device (BYOD)

Unsecure mobile devices that access or share company data increase the likelihood of data theft. Many small businesses are embracing BYOD technology, but without knowledge about the security policy, unsecured devices may carry malicious applications that will be able to bypass security. As a result, network within the company can be easily accessed. A defined BYOD policy must be put in place so employees’s expectations are set regarding proper use of devices.

The Ransomware Attack That Made You WannaCry

150 150 Andrew Broberg

Paranoia has feasted upon countless organisations because of the prevalence of cyberattack. While extreme security measures have already been taken to protect computers from these malicious attacks, hackers are still exhausting all the resources available to them to access sensitive data. On Monday, a global cyberattack left over 150 countries in shock. WannaCry ransomware is another digital extortion racket plaguing organisations all over the world.

So what happens when your computer falls victim to ransomware attack? Ransomware is a type of malware that locks your computer or keyboard so you will no longer have access to your data. You will need to pay a ransom to regain access. The ransom is usually demanded in Bitcoin.

This kind of cyberattack has been an increasing concern because it does not only attack laptops and desktops but mobile phones as well. Ransomware can be in the guise of an app and once attackers work their way into your phone, they will change your PIN and demand a ranson in exchange for access.

Various types of ransomware are on the rise. The scary part is that everyone can be a victim. Your device can be infected via a malicious website or e-mail.

Can you protect your devices from ransomware?

The good news is, you can still protect yourself from these malicious attacks. According to experts, ransomware  infects machines by getting individuals to download it via email. The malicious code unknowingly travels to a network of computers, which were linked together using Windows file-sharing system. This attack could have been prevented, had people been more vigilant by updating their software.

Staying on top of security updates can prevent your device from being infected by ransomware. As simple as it may seem, this solution can save you from any malicious attacks.

Aside from updating your software, installing antivirus software can also prevent malware attack. However, you should keep your antivirus app up to date to ensure you are regularly blocking the latest malware.

Virus can infect your machines via email attachments. Be wary of suspicious pop-ups and emails. If you receive emails from an unknown sender, never be tempted to click links or open attachments. The email address of the sender will give you clues as well. Grammatical errors and typos are tell-tale signs that there is something fishy going on.

If you are being asked to provide sensitive information such as your credit card number, it is recommended that you ignore these emails.

Creating a back up of your data is also necessary because in the event that a hacker hijacks your machine, you will have a copy of your data. For many businesses a security plan is essential because you will never know when the next cybereattack is. As they always say, it is better to be safe than sorry.