Not only, businesses face countless cybersecurity threats. And these threats continue to change, so it is essential that businesses are kept up-to-date.
Everything from data breaches to phishing attacks, and the risks are very real — with around 81% of them causing some degree of loss or damage for businesses.
In this blog, we are going to represent the major cybersecurity threats encountered by enterprises presently and measures that can be considered for their reduction.
8 Cybersecurity Attacks You Need to Keep on Your Radar
Businesses of any size face significant cybersecurity threats. The days of head-in-the-sand “security through obscurity” (i.e. a thin disguise) are well past us, when the same little organization half out in the woods wasn’t creating an attractive target to bad actors in cyberspace simply by being smaller and less prominent.
The maturation of technology like generative AI and sophisticated malware models (think Ransomware-as-a-Service) enables attackers to automate their attacks at scale, bombarding organizations far beyond what they manually could accomplish.
Consequently, they are risks that have no exception across the board where businesses in this internet age are concerned.
Hacking: Phishing & Social Engineering
While phishing and social engineering threats existed for many years, they have become more sophisticated. The tactic of phishing tricks people into clicking on dangerous links, downloading malicious files or giving out private information. In a recent global survey, 81 percent of organizations were stated as victims to rising phishing attacks since 2020 with one in two data breaches attributable back to such type.
These kinds of attacks often are also an on-ramp to more egregious end game disruptions, like ransomware. Last but definitely not the least kind are Phishing campaigns, They can be cleverly crafted and pose a serious threat. As Deepen Desai, Zscaler calls it,” Phishing still continues to be one of the top vectors. We are in the era of no longer just send malware through an email and call it a day; It’s multistage attacks. Phishing is where it starts.”
How to Prevent Phishing Attacks
It is clear now that Phishing cannot be fought with a single solution. For example, to combat the phishing you need:
- Use Phishing-Resistant MFA: Multi-factor authentication (MFA) is an essential prevention; Any platform that implements the phishing-resistant FIDO2 standard provides a more secure solution, as it requires users to demonstrate their identity using two or more factors.
- Deploying Email Security: Use advanced email security gateways or ICES (integrated cloud-email security) for removing the phishing emails. These use the power of AI to detect malicious signals, many also protect from chat channels such as Slack and Teams.
And finally, training the workforce must take place for each and every person on how to best avoid falling victim to phishing scams that could potentially launch their malware.
Ransomware and Malware
In the world of malware, ransomware players are still going for data encryption as a mission critical strategy on businesses to extort money in order to get your files back. The Changing Ransomware Scene With the proliferation of ransomware-as-a-service, attackers got hold of larger and a broader range to execute sophisticated attacks at scale. Deepen Desai said: “what we are seeing is that it grows 38% in ransomware attacks year-on-year.
How to Prevent Ransomware
- Zero Trust Model: Employ the zero-trust security model, which regularly authenticates users and devices in your network.
- Use Endpoint Protection and Backup Tools: Use sophisticated endpoint protection software along with routine data backup. However, with cloud-based backup solutions and data loss prevention strategies you can rapidly restore pertinent information without giving in to ransom demands.
Weak Passwords
So passwords store a risk to our system. Problems arise when we use weak passwords and reuse passwords on multiple accounts. A survey concluded that 19% of enterprise professionals use weak or shared passwords and 9 in every ten websites experience account takeovers.
Clever Tips to Boost Password Security
- Password Managers: Employ a company password manager to maintain and manage passwords in the most secure way possible. These tools also automatically generate strong passwords and enforce Password Policy.
- Try Passkeys: Learn FIDO2 based passkey which is password less. Crypto-Better: PasskeysIt makes them impossible to phish, with cryptographic keys used for the added security.
Poor Patch Management
Fragmented patch management makes for a good target to known exploits. Attackers always strive to target vulnerabilities contained in outdated software, and OS have got enough of them which are exploited by the attackers before published patches get applied.
Unpatched software makes up 18% of every vulnerability, as well research shows.
Best Practices for Better Patching
- Deploy Analytical Patch tools: Automate patch deployment and monitor for vulnerabilities using either unified endpoint management or specific patch management tools.
- Realize Vulnerability Management: Use vulnerability management technology to Enable early detection and quick resolution for Security risks.
Insider Threats
Insider threats are the risks associated with people within an organization such as current or former employees, contractors working for that company.
Dangers are regular, they can be intentional threats and coincidental incidents like an insider danger which represents 25% of security breaks.
Prevention of Insider Threats
- Zero Trust Principles: This strategy calls for a zero trust model based on the principle of least privilege, which restricts users to only as much data they should need according to their position in your team. Adopted this sooner than later relaxes permissions
- You can use Endpoint Protection and Data Loss Prevention Tools: Secure endpoint devices, enabled with data loss prevention mechanisms to track/monitor/control the information flowing. Extra explores AI-powered insider threat detection tools that look for unusual behavior.
In The End!
In the current day and age, cyber security threats are one of the biggest concerns for businesses overall no matter how large or small they may be. By staying aware and taking the appropriate actions, you can seriously decrease your chances of being struck by these types of attacks!
But all the businesses in Glendale should help themselves with cybersecurity consulting services to make their security standards active?
Being vigilant, training employees and choosing the right tools and services will avoid threats by cybercriminals.
Let their mistakes be advice to you: take steps now so that your business can remain viable.Nothing will prepare you for the mother of all ransomware attacks but planning ahead as possible encourages a victim has always stand with principles.
As the editor of the blog, She curate insightful content that sparks curiosity and fosters learning. With a passion for storytelling and a keen eye for detail, she strive to bring diverse perspectives and engaging narratives to readers, ensuring every piece informs, inspires, and enriches.
