The 5 Biggest Cyber Security Risks For Business

Cyberattacks have become more backup and disaster recovery frequent and can be devastating to a company. You must do everything you can as a business owner in order to ensure your company is safe from cyberattacks. This means implementing cybersecurity practices and keeping your staff updated about the latest threats.

Cyber security threats to your business 5 major cyber risks that you need to be aware of

1. Password theft: One of the major reasons why businesses suffer from data breaches is because of employees. Employees are the entry point into the company’s systems. They are able to share private information with others, or they may choose a password that is not secure and could lead to a hacker accessing the company. Hackers are able to crack passwords that include pet names or birth dates.

2. Malware:

Ransomware and viruses are both common threats that can harm your computer however they’re not the only threats. Cybercriminals also employ social engineering and other techniques to access your data. They often send emails or call you pretending to be a tax department or bank authority to deceive you into giving up your information.

Business Email Compromise:

This is one of the most expensive cyber-attacks. Criminals compromise emails of business in order to defraud a company. They usually gain access to the email account of an employee and then trick the company into sending money to their personal accounts. This can lead to massive losses for the business and be difficult to recover from.

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