5 Biggest Cyber Security Vulnerabilities Facing Your Small Business

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Businesses are growing more competitive. Threats of hackers altering, stealing or destroying information systems have increased. Safety of information is the number one priority given an increased market size.

Hackers have come up with new strategies to compromise and defraud businesses. How do we prevent tomorrow’s challenges? Understanding the vulnerabilities of cyber security is one way of prevention – knowledge is power (as they say).

Here are some of the top cyber security vulnerabilities to look out for.

Phishing Attacks

Hackers use this technical trickery to gain access to your personal information. A majority of cyber-attacks start this way. Attackers send an email with an attachment or a link to an unknown website.
Emails often appear credible because attackers take time to research about their targets.

One way to reduce the risks of spear phishing is by analyzing email headers before opening. A credible IT service provider who hosts emails will help reduce these attacks.

Most providers manage the users’ domain which includes security authentication and filtering.

Attack on Passwords

Passwords are secret characters that ensure that only specific user(s) have access to their data. Nowadays, it has become simple to guess a password based on their name, job or title.

A habit most people have is using the same password over different sites. An attacker then logs into a site and uses an unknown internet address then deleting the victims’ password.

Eavesdropping Attack

An attacker obtains users details by intercepting network traffic. Attackers detect information by listening to a message through the network. They also send queries to transmitters by disguising as someone friendly.

An example, when a home buyer is about to close on their home, they might get an email that looks like it is from the title company requesting the down payment to be wired over. Usually, attackers using this type of scam have been monitoring someone’s email box.

Malware Attack

Have you ever experienced a crash in your Microsoft Word or Excel? It may have been a malware attack. The most common types of malware attacks are:

File Infectors

Happens when an unwanted software installs itself in your system. In most cases, it happens without your knowledge. These viruses can also install themselves when using .exe files. When loading the executable files, the code attaches itself and infects the system.

Stealth Virus

Operates by concealing itself from an anti-virus. It then reports an infected area as uninfected.

Spyware

Collects user’s information without consent and sends it to a remote user. Many users have installed it without knowing by installing an application on their system.

Internal Attacks

A company’s employees are the biggest vulnerability to security. First, the criminal disguises themselves as legal use of the system. Having gained the trust and unlimited access, they steal confidential user’s information.

Employees generally have prevalent access to digital tools at their work-spaces. They can use this to steal data and go unnoticed. Employees who are not monitored cause around 60% of cyber security vulnerabilities.

Understanding Cyber Security Vulnerabilities

Attackers have come up with many ways of gaining unauthorized access to data. You need to protect your business from these network vulnerabilities by taking preventive action.

The financial sector faces a 65% higher computer threat than any other industry. Employee training, firewall configuration, strong passwords and updating anti-viruses can help moderate them.

Contact us to keep your business safe and deal with these cyber security vulnerabilities.

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