4 Common Cybersecurity Risks and How to Mitigate Them

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It doesn’t matter if you run a small or large business. If you aren’t equipped to handle cybercrime, you’re putting your business at risk. When 83% of companies aren’t equipped to recover from an attack, protecting yourself is even more of a concern.

That’s why you need to know the most significant cybersecurity risks to remain safe in business. Below are four risks you need to know to handle a cybersecurity risk assessment.

1. Malware

Malware is one of the most common types of cyber threats a company will face. Malware is a malicious program that gets installed on company computers. Once installed, malware can log keystrokes, steal data, monitor internet traffic, and replicate on your company network.

You can solve malware issues by installing anti-malware software on your computers. This software will scan every file installed on your computer to check for threats and regularly run scans on your previous files. If your malware program finds anything suspicious, it will remove it from your computers and put the threat into quarantine.

2. Phishing

Phishing is a type of cyber attack that isn’t always technical. Since employees are one of the most common security threats you’ll face, hackers target them in an attempt to steal sensitive data. Hackers do this by sending emails and making calls pretending to be from real companies.

They use these calls and emails to send victims to websites that look like the real thing. Once you enter your login information on these websites, hackers can capture that data and use it to wreak havoc. If you want to take cybersecurity risk management seriously, you’ll need to educate your employees to help them avoid falling victim to phishing attacks.

3. Man-in-the-Middle Attack

Now that employees work a lot from home and on the road, you have to concern yourself with cybersecurity on the road. You can’t always count on secure connections when people are in public locations. To counter this, you need an encrypted connection.

Hackers disguise public WiFi hotspots using man-in-the-middle attacks to capture internet traffic. However, someone can’t see what’s happening if you use a secure VPN to encrypt internet traffic. You can contact an Outsourced IT Management company for help in setting up a secure VPN tunnel.

4. Distributed Denial-of-Service (DDoS) Attack

If you do a great job at securing a network, hackers won’t be able to get in. However, a hacker still has options if they want to cause damage. One tool available to them is a DDoS attack.

A DDoS attack happens when someone sends a large amount of traffic to a computer network. This traffic overwhelms the network and grinds operations to a halt. That means you can’t use the internet to work or serve customers.

Luckily, there are firewalls and internet products that detect and stop DDoS attacks. You can use them to safeguard your company.

Always Take Cybersecurity Risks Seriously

There are a lot of dangers on the internet, and it only takes one mistake to fall victim to cybercrime. You need to stay aware of the cybersecurity risks today and in the future. You can take advantage of cybersecurity risk management tips to keep your company safe on the internet when you do.

Do you want to check out more tips that will help you make the most of your company’s tech? Read more tech tips by heading back to the blog.

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