7 Cyber Security Risks That Every Business Faces

Technology is evolving faster today than at any other point in history. Along with this evolution comes new threats to cyber security as the strategies used by hackers and other cyber criminals becomes more sophisticated. The digital landscape is constantly changing, which can make your business vulnerable in ways you might not even be aware of.

For businesses to minimize the risk of a network security breach, it’s important to begin by understanding the most common threats that exist today. Here are seven common threats that present a serious risk for every business.

Inside Attacks

Nobody likes to admit it, but one of the biggest threats to IT security comes from the inside. Insider attacks can come from employees that you’ve placed your trust in. While it’s important to trust your employees, it’s equally important to exercise prudence in who has access to your network and at what level.

Human Error

Not all inside threats to your cyber security are malicious in intent. It sometimes happens that a team member accidentally exposes your data, making it more vulnerable to an attack. The common culprit here is usually nothing more than lack of training. Taking the time to train and keep your team updated on network security issues is a crucial step for protecting your business.

Emerging Remote Workforce

Numbers vary but it’s estimated that as many as half of workers in the United States are either remotely employed or have the option to work from home at least part of the time. This means that employees are accessing your data on different devices, from multiple locations – often without the high level of network security that your business demands.

Malware

Malware is malicious software that has been designed to gain access to your data through your computers with you being none the wiser. Types of malware include software programs like keyloggers, spyware, and viruses, among others. Businesses need strong network security that includes continual monitoring for vulnerabilities.

Ransomware

Like malware, ransomware is malicious software but the effects are felt immediately as the program locks down devices and encrypts data so that it can’t be accessed until a ransom is paid. Ransomware can paralyze your business and put sensitive data at a great risk.

DDoS Attacks

DDoS stands for distributed denial of service. This is an attack coming from multiple sources that basically overwhelms your server or website to the point that it crashes and becomes inaccessible to other users. The key to preventing DDoS attacks is having a system in place that identifies and blocks attempts from malicious sites.

Inadequate Cyber Security Protocols

Finally, so many businesses are at risk because they don’t have a proper cyber security protocol in place. A strong security protocol should include a plan for training, continual monitoring, determining the hierarchy of access, compliance and disaster recovery

Minimize Your Risk of Cyber Security Threats Today

If we know one thing, it’s that tomorrow is going to look different from today. These 7 security risks should be high on your radar but you also need to be looking ahead and proactively protecting your business against threats in the future. Contact Apex Technology to learn more about how we can protect your business with managed cybersecurity services today.