Every business knows the threat for a data breach exist, but many of them take the mindset that it will never happen to them. This is especially true for smaller businesses who feel that don’t have the data “clout” that hardcore cyber-criminals are looking for. If a data breach hasn’t been on your radar because you don’t think it will happen to you, think again. Small businesses are a major target of hackers due to the easy entrance they often provide. Cyber-crimes have become so common in the business world that the term “breach fatigue” has been coined.
The first step to protecting your business is to understand the most common types of data breaches. Here are five of the top ways that businesses are losing or compromising their important, sensitive data today.
Ransomware and Malware
Ransomware and malware are two of the most common types of data breaches, and both are capable of taking your sensitive and important data and putting it out of reach – making it near impossible to effectively operate your business. You’ll recognize a ransomware attack when you get a message that your data is being held “hostage” until you release a certain amount of funds. Malware, on the other hand, is a virus that wipes data clean from your system.
Phishing occurs when a cyber-criminal creates a site that looks identical, or at least presents as a genuine representation, of a business website. When a user lands there and logs in, sometimes via prompting through an email, they unknowingly supply a cyber-criminal with their login information. The hacker can then use that information to gain access to protected data.
Employee Theft or Leaks
As much as you might not want to face it, there’s a good chance you’re going to come across at least one dishonest employee during the lifetime of your business. Employees have different motivations for behaving in deceptive ways. Some do it for financial gain or to recover from a difficult time in their personal life. Others have more malicious motives, and some do it just for the thrill.
That said, employee theft or leaks are most common among team members who are departing their role, especially if it’s due to a non-amicable reasons. It’s key to have an employee exit management plan in place to ensure the safety of private company data.
Stolen or Lost Devices
As more of the workforce is working from home and other remote locations, the risk of sensitive information leaking via devices that are lost or stolen increases exponentially. Remote workers who use laptops, smartphones, or even thumb drives with sensitive business information often pose a special risk to your data security. It’s important that any device used by a remote worker is equipped with the best and most current data protection solutions.
Mistakes happen. It’s a fact of life that applies to the business world as well. Data can be breached when employees make accidental errors or are negligent in some way. For instance, a team member might accidentally send sensitive information into the wrong hands or access data in a way that compromises its security.
Stay Safe and Secure with a Data Disaster Recovery Plan
Understanding how your data is at risk is an important first step. Working towards solutions that keep your data safe and secure is the crucial next move. We’re here to help with data recovery, so that you can rest assured that your business is safe and secure. Connect with Apex Technology to find out what our disaster and data backup and recovery services can do for your business.