Cyber Security is a very serious issue that is getting more and more attention from both businesses and governments. Cyberattacks are becoming increasingly sophisticated and widespread.
Protect Yourself From Cyberattacks
The most recent example of this was the WannaCry Ransomware Attack that affected many companies in different industries, including the NHS.
In this section, we will explore the different ways businesses can protect themselves against cyberattacks by educating themselves on cybersecurity best practices. Such as implementing strong passwords, making sure they have cyber liability insurance coverage, updating their software regularly, etc.
What is Cyber Security?
Cybersecurity is the system that protects networks, computer systems, and data from unauthorized access, use, or destruction. Cyberattacks are increasing in frequency and sophistication.
With new threats emerging every day, it’s hard to keep up with the latest developments and find solutions to protect your organization. The cybersecurity market is expected to grow by $120 billion in 2020.
Cybersecurity plays a crucial role in people’s lives as well as businesses. It has become a necessity for all organizations of any size or type that deal with customers or store sensitive data.
Main Goal of Cyber Security
The main goal of Cyber Security is to create a safe environment for people who want to work online. Without the fear of being hacked or having their personal information stolen.
The security measures taken should be proportional to the risks faced by Cyber Security is the protection from hacking, malware, and other cyber-attacks.
To protect their companies from these types of attacks, companies need to make sure that their systems are updated with the latest patches and security updates.
Some common types of Cybersecurity breaches are phishing scams, ransomware attacks, and DDoS attacks. The most common type of attack is phishing scams which happen when hackers send out emails or text messages to trick people into giving up personal information such as passwords or credit card numbers.
Ransomware happens when a hacker locks a user’s data and demands payment in exchange for unlocking it. And finally, a DDoS attack happens when hackers use software to flood a website with traffic until it crashes.
How they attack? Cyber threats!
Cyber-security counters three types of threats:
- Cybercrime encompasses both single actors and groups who attack systems for monetary gain or to cause damage.
- Politically motivated information collection is frequently used in cyber-attacks.
- Cyberterrorism aims to disrupt electronic systems in order to generate panic or fear.
Common Strategies for Jeopardizing Cyber-Security
The term “malware” refers to malicious software. Malware is computer software created by a cybercriminal or hacker to disrupt or damage the computer of a legitimate user.
One of the most common cyber threats is phishing. Malware, which is commonly delivered via unsolicited email attachments or legitimate-looking downloads.
Can be used by cybercriminals to steal money or to carry out politically motivated cyber-attacks. Malware comes in a variety of flavors, including:
- Virus is a self-replicating software that attaches to a clean file and travels throughout a computer system, infecting files with malicious code.
- Trojan horses are a form of malware that imitates legitimate software. People are duped into installing Trojans on their computers, which cause damage or collect data, by cybercriminals.
- Spyware is a program that secretly records what a user does so that hackers can use the information. Spyware, for example, could keep track of credit card numbers.
- Ransomware Malware that encrypts a user’s files and data and threatens to delete it unless a ransom is paid.
- Adware is advertising software that can be used to distribute viruses.
- Botnets are networks of malware-infected computers that fraudsters employ to conduct tasks online without the user’s knowledge.