An evolving system of securing your confidential data and network.
- 43 percent of cyber attacks target small business.
- Only 14 percent of small businesses rate their ability to mitigate cyber risks, vulnerabilities and attacks as highly effective.
- 60 percent of small companies go out of business within six months of a cyber attack.
- 45 percent of small business owners have been attacked – without knowing.
Most Common Cyber Threats
Ransomware
Ransomware is software that infects computer networks and mobile devices to hold your data hostage until you send the attackers money.
- By the end of this year, the total damage caused by ransomware attacks will reach 11.5 billion.
- It is predicted that there will be a new ransomware attack every 14 seconds.
Phishing Attacks
Phishing is malware that is typically sent via a carefully crafted email to look legitimate to a targeted user. Once the user clicks on the email, the attackers can access the network and all the data stored on it.
- 400 phishing attacks occur every day, and almost 30 percent of them are successful.
- There are around 400 phishing attacks every day, and nearly 30 percent of them are successful.
- Small businesses make for the majority of the victims.
- A business is likely to receive around nine malicious emails in a month.
BYOD Dilemma
Bring your own device offers flexibility and savings to a business however BYOD increases the threat level for the security of the network.
When employees bring their own devices and connect them to the network, they expose the network to any virus or malware lurking on their devices.
App Frauds
There are millions of apps on the app stores and many are not secure
Attackers create a fraudulent app to breach the network through mobile phones connected to the network.
One fraudulent app on one employee’s device is enough to compromise the entire network.
Weak Passwords
A large majority of small businesses face this threat just because they do not encourage their employees to have a stronger password. Employees use common passwords that are easy to guess.
- 1 in every 5 businesses are at risk due to a weak password.