In today's world of rampant cybercrime, every savvy business owner knows the necessity of locking down their data. However, we find that the cyber security technologies used by the vast majority of businesses are woefully out of date. Sure, your current solution may have worked great, but digital threats to the safety of your company are constantly evolving. Criminals will eventually attempt to breach your data — and your barriers are not as secure as you might think.
When you think of data security breaches, companies like Target and Yahoo probably come to mind. But now more than ever, network security threats are targeting small businesses. Still, for many small business owners, investing in the necessary network protections gets overshadowed by more immediate tasks.
As hacking hit the headlines in the last few years — most recently the global hack in May that targeted companies both large and small — insurance policies to protect businesses against damage and lawsuits have become a very lucrative business indeed. Your company may already have cyber insurance, and that’s a good thing. But that doesn’t mean that you don’t have a job to do — or that the insurance will cover you no matter what.
Back in 2014, Code Spaces was murdered. The company offered tools for source code management, but they didn’t have solid control over sensitive information — including their backups. One cyberattack later, and Code Spaces was out of business. Their killer had used some standard techniques, but the most effective was getting an unwitting Code Space employee to help — likely via a phishing attack.
Ralph’s been a good employee for you. Shows up on time. Gets the job done. Doesn’t hassle anybody.
He’s also a porn addict. When nobody’s looking, he’s visiting sites – on your network – that you’d be appalled to see IF…you knew about them. Without careful monitoring and filtering, this kind of Internet use on your network can remain hidden.
“Never before in the history of humankind have people across the world been subjected to extortion on a massive scale as they are today.” That’s what The Evolution of Ransomware, a study by Mountain View, California-based cybersecurity firm Symantec, reported recently.
Efficient Escrow of California was forced to close its doors and lay off its entire staff when cybercriminals nabbed $1.5 million from its bank account. The thieves gained access to the escrow company’s bank data using a form of “Trojan horse” malware.
In-flight Wi-Fi has become a convenient and accessible feature for travelers. With two-thirds of airlines now offering Wi-Fi and usage up 1,600% since 2013, why wouldn’t you join thousands of others in surfing the skies?
When it comes to terrorism, attacks against the U.S. power grid rarely make headlines. But with 79 attacks on the U.S. energy grid in 2013 alone (and instances like these occuring every year), Americans need to prepare for a widespread power outage and its potentially catastrophic effects.