A new decade means a new whirlwind of security advancements and cyberattacks. In order to adapt to these new challenges, businesses need to leave behind outdated and common mistakes in 2020. Here are eight security mistakes to avoid making this year.
A new decade is here and, with it, new ways your business can be hit with a cyberattack. As hackers continue to evolve their methods for breaching business’ defenses, companies are demanding more cybersecurity innovation from vendors. With advancements on smartphones, tablets, voice assistants and social media among many others, businesses operate more efficiently; however, these advancements have also increased exposure to new forms of cyberattacks. Threats like ransomware, email phishing and malvertising are not new concepts, but they are progressively expanding their reach and taking advantage of gaps in security related to newly adopted technology and devices. Not only does this propel cloud security to the forefront of a business’s IT strategy, but it underscores the importance of staying up to date with cyberattack trends. Here are 5 trending cyberattacks and how to protect against them in 2020.
As a business owner, one of the most important things to take into consideration when setting up your network infrastructure is the security of your network. This is because, over the past several years, cybercriminals have intensified their efforts to breach business networks and access their private data for nefarious purposes; with transactions being increasingly conducted online, there is a wealth of personal and proprietary information that can be accessed if a business network is successfully compromised.
Ransomware, malicious software that prohibits access to your computer system until a ransom is paid, is a common cyberthreat that affects thousands of companies each year. According to Cybersecurity Ventures, ransomware is expected to hit a new company every 14 seconds throughout 2020. This means that in 2020 we can potentially expect to see up to 6,000 attacks per day. Ransomware can infect your network in a variety of ways, including via malicious email attachments, infected USB ports, malvertising or downloading images. With its adaptability and rapid growth, organizations need to solidify their protection plans now for the new year. Here are five steps to secure your business and prepare for a ransomware attack in 2020.
Cybersecurity has been around for years. Companies everywhere have adapted to its solutions like cloud services to protect their businesses. It’s continuously evolving to keep up with today’s digital demands and its advancements have led organizations to believe that cybersecurity is solely technical. However, cybersecurity was created by humans to protect against malicious human behavior.
With 2.41 billion active users on Facebook, one billion Instagrammers and approximately 330 million monthly Twitter users, it’s basically inevitable for businesses to showcase their brands online. The intelligent algorithms allow companies to learn consumer interests for effective targeting and social media campaigning. Based on this, it seems that social media can only positively impact companies. Although this holds some truth, the heavy traffic also acts as a gateway for virtual threats and cyberattacks.
You’re in an area, maybe it’s a park, a coffeeshop, a hotel, a mall, or somewhere else. You open your laptop or phone to get some work done but you hit a roadblock – you don’t have an internet connection and you don’t know what the password is to the public Wi-Fi network (if there is one). But you also see one or two networks that aren’t password protected just waiting to be used. Your mouse hover over the “connect” button. After all, what harm can an unsecure network do?
Technology is a constantly changing industry. That is one of the things that makes a career in tech so exciting and appealing. It’s one of the things that keeps employees coming through the doors from 9-to-5, Monday to Friday. In fact, jobs in the tech industry and information technology are predicted to grow by around 12% from 2018 to 2028 with Information Security jobs increasing by 32% overall. This is obviously much faster than most other industries.
There has been a steady increase in cyber attacks by malicious actors over the past several years as businesses increasingly conduct their activities online. Impacted businesses can experience severe and long-lasting consequences. In addition to a loss of reputation, these businesses may also experience a significant financial loss as a result of measures implemented to contain and manage the data breach. Businesses impacted by a data breach may also be subject to litigation by individuals whose personal information may have been compromised. In 2018, the average cost of a data breach was $3.86 million, up from $3.62 million in 2017, a 6.4 percent increase.
The modern workforce is becoming increasingly mobile. Mobile devices, tablets, and laptops are becoming more powerful and with the imminent arrival of 5G, the amount of computing power performed on a mobile device will surely explode. According to a 2018 survey by Oxford Economics, 80% of IT executives believe that mobile devices are vital to enterprise success.