Cyber attacks are constantly in the news and even small and medium sized businesses aren’t immune to cyber attacks. Here are a few cyber attack statistics you should know:
- The US is the target for around 38% of all cyber attacks, making it the #1 target
- The average cost of a malware attack on a company is $2.4 million
- 43% of cyber attacks target small businesses
With those stats in mind, you might be wondering what you should look out for when it comes to cyber attacks. Here are five cyber threats you should be aware of and why they’re so dangerous.
Five Cyber Threats To Be Aware Of
While you should always be diligent when it comes to cyber security, these cyber threats are too big to ignore:
- Malware-Infected Mobile Apps
- Email Threats
- Crypto-mining Malware
- Internet of Things Attacks
- Cloud Computing
1. Malware-Infected Mobile Apps
Malware includes ransomware, viruses, spyware, Trojans, and several other files or codes that infect your device and steal your data. While many people may not think of apps when they think of cyber threats, the risk is very real. If you have ever downloaded an app from a third-party app store (meaning anywhere other than the Apple App Store and Google Play Store), you may have downloaded an app with malware. Why are third-party apps more likely to pose a cybersecurity risk?
Apple and Google verify that the apps sold in their stores meet certain standards and are free of malware that could damage your device and/or steal your data. Third-party app stores do not have these standards and as a result, there is a much higher chance that an app from one of these stores will have malware.
2. Email Threats
Email has long been a cybersecurity concern and the threat isn’t going away anytime soon. As of 2017, 92.4% of malware was delivered via email. It persists because email is an easy way for hackers to reach their target and spoof familiar email addresses and names, making it more likely that you’ll click a link or download an attachment.
In the past, hackers relied on malicious attachments to deliver malware. That’s no longer the case. A 2018 study showed that malicious links outnumbered malicious attachments 4:1. It’s important that you never click a link or open an attachment from an email address you don’t recognize. Even if a message or attachment appears to be from someone you know, exercise caution because, as we mentioned, attackers often spoof email addresses so you’ll be more likely to open attachments and click links.
3. Cryptomining Malware
Cryptomining, sometimes called cryptojacking, is a relatively new form of malware that infects your device and uses its resources to mine cryptocurrencies without your consent. Cryptomining has been found on computers since around 2011 but in the past few years, it has become prevalent on mobile devices as well. When this type of malware infects your phone or tablet, it is so invasive that it can actually overheat your phone and cause permanent damage or destruction.
4. Internet of Things Attacks
The Internet of Things refers to smart devices that are connected to the internet, including thermostats, home speakers (such as Alexa and Google Home), and smartwatches. They pose a cybersecurity risk because it increases the number of items that are connected to the internet and your smartphone. Think of each smart device that you connect to your phone as a door that makes it easier for hackers to get in.
5. Cloud Computing
Cloud computing has a lot of benefits, but the cloud a popular target for attackers. If your cloud isn’t properly secure, you are leaving your entire operation vulnerable to attack. If you’re concerned about your security with the cloud, Strategic Systems – A Division of CEI can help. Our cloud services for businesses are backed by Microsoft Azure, making it one of the most secure options on the market.
Keep Your Business Secure With Network Security Services from Strategic Systems – A Division of CEI
With our network security services and backup and disaster recovery, we have solutions to help every business avoid cyber attacks and minimize damage if they occur. For more information or to schedule a consultation, contact the experts at Strategic Systems – A Division of CEI by calling (919) 783-1410 or fill out our online contact form below.