Cyberattacks are becoming more frequent and can be devastating to a company. If you are an owner of a business you should take every step to protect your business from cyberattacks. This means implementing the best cybersecurity practices and keeping your staff informed on the latest threats.

Cyber security threats to your business: 5 major cyber threats that you should be aware of

1. Password theft: One of the primary reasons businesses are affected by data breaches is due to employees. Employees are the key to a company’s systems. Employees can unknowingly give out confidential information to outsiders or make poor password selections which could allow hackers to gain access. For instance, many users opt to use pet names or dates of birth as their passwords. This can easily be cracked by a hacker with a few online tools.

2. Malware:

Ransomware and viruses are two common threats that can cause damage to your computer system but they’re not the only ones. Cybercriminals employ social engineering techniques and other methods to gain access data. They often send emails or call you pretending to be a tax office, bank, or other authority to trick you into giving up your personal information.

Business Email Compromise:

This is one of the most expensive cyber attacks. Criminals hack into business email in order to defraud a company. They typically gain access to an employee’s email address and then manipulate the company into making payments to their personal accounts. This could result in an enormous loss for the company, and can be difficult to recover.

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