Cyber Security Threats and the Need to be Vigilant

Cybersecurity threats are increasing rapidly nowadays. Whether it is for financial gain, espionage, business disruption, or any other cause, the matter is serious. According to a study conducted by Verizon, 86% of cybersecurity issues were motivated by financial gains. It is clear from this that the main aim of these attackers is money. One needs to be careful while being in the digital realm and make sure that the data and resources are protected against any possible attacks.

Apart from financial damage, cyber-attacks can lead to reputation damage, business disruption, regulatory penalties, etc. So, it is of utmost importance for your business t be safe on the internet. Often these cybercriminals make use of sophisticated technology and measures to steal the data and are continuously looking for new ways to harm us.

Different Types of Cyber Security Threats

There are many types of cybersecurity threats and the list continues to grow in various varieties and complexities. Below is a list of the different types of cybersecurity threats that are most common.

  1. Malware – Malware is the most common among cyber-attacks. Malware is malicious software installed into the user’s system. This often happens as a result of clicking a malicious link or downloading software from the internet. Malware can include spyware, ransomware, worms, and viruses. Once these are inside a system, they can cause damage to the system, access confidential information, block the use of certain apps and destroy the content.
  1. Phishing – Phishing is another type of cyber-attack. In this case, the user is prompted to click a malicious email link and once that is done the malware gets installed on the system and sensitive information like credit card and debit card details are hacked.
  1. Spear Phishing – Spear phishing is a more complicated form of phishing attack in which the cybercriminals aim directly at the privileged users such as the system administrators and the top-level executives. 
  1. Man in the Middle Attack (MitM) – This type of attack happens when the criminals come in between a two-party communication or deal. The attacker tries to steal the data from the parties and then gives false information to the parties. 
  1. Denial of Service Attack – A denial of service attack occurs by the attacker flooding the system, servers, or networks with huge and uninterrupted traffic, making it impossible to fulfill the user’s request with the system. Attackers also use various infected systems to target the main system to block the service. This is known as distributed denial of service (DDoS) attack. 
  1. SQL Injection – SQL injection occurs when the attacker infuses or installs malicious SQL scripts into a system to get access to the data. The attacker then reads, modifies, or deleted the data from the system. 
  1. Zero-day Exploit – A zero-day exploit happens when a company or system announces a vulnerability to their software or hardware functioning. The criminals then take advantage of this situation and try to take control of the system before the system is corrected or made back to normal. 
  1. Advanced Persistent Threats (APT) – This type of attack happens when an attacker gets into the system and remains silent for an extended period. The company comes to know about the attacks only after some time and till then the attacker watches and steals important data. 
  1. Ransomware – Ransomware attack is a situation in which the attacker blocks or encrypts the victim’s data and asks for a ransom for the data to be made back to normal. The user might have important or sensitive information and the attacker blocks it asking for a ransom. 
  1. DNS Attack – This is a type of cyber attack in which the attacker causes damage to the domain name system. The attacker redirects the domain name to another webpage that is malicious and gets steals data. 

Best Practices to Protect from Cyber Threats

It is a need time to protect our company and systems from cyber threats and attacks. If not, we will be compromising on sensitive information and profitability. There are different ways in which one can safeguard and be protected from cyber-attacks. Some of those methods are:

  • Creating an Insider Threat program
  • Training the Employees
  • Maintaining Compliance
  • Building a Cyber Incident Response Plan
  • Regular Updates of System and Software’s
  • Backing Up the Data
  • Initiating Phishing Simulations
  • Securing the Site with HTTPS

Wrapping Up

The cybersecurity threat is a continuous problem in the digital world and a user must be vigilant against these attacks. It is always better to take preventive measures than to suffer loss. With the increase in technology and programs, the internet has become more vulnerable to threats and it is our responsibility to keep watch and make sure that we are on the safe side. Taking proper measures will ensure that we do not fall victim to these cybercriminals.

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