Top 5 Cyber Attacks That Threaten Online Security
The internet has positively transformed the way businesses operate today. But with that, it’s associated with a significant challenge of data protection. The internet, alongside digital devices and services, has given rise to various forms of cybersecurity issues. Sadly, every business today depends on some form of technology. This means that not a single business is safe from the devastating effects of security breaches in the digital space. There’s quite an extensive list of deadly cyber-attacks with varying degrees of impact. So, which one should you be worried more about in 2023?
Read on to discover the top cyber-attacks that can seriously threaten your online security today.
Top 5 Cyber Attacks
Phishing Attacks and Social Engineering
Phishing is a popular cybercriminal trick that involves tricking users into revealing sensitive information. It can occur in many ways. For example, receiving an email from a hacker disguised as a trusted contact. The email then lures the user into an authentic-looking site where they are asked to enter certain data such as password, financial, or social security number.
Phishing attacks are part of the larger social engineering cybersecurity problem. It involves manipulating unsuspecting users’ emotions to get them to expose sensitive information. Attackers can also use the social engineering trick to spread malware or gain access to restricted systems. It can either occur online, in person or through other forms of interaction.
It’s a common, growing, and constantly evolving cybersecurity threat costing businesses billions of dollars. In a ransomware attack, a hacker will infect your network and hold your data and systems hostage until a ransom is paid. Ransomware may not be as common as other cyberattacks, but it can have way more devastating effects. This attack can disrupt your normal operations, costing you several hours of productivity. Its financial and reputational consequences can potentially drive you out of business.
The biggest threat to your online security is your employees and contractors – insiders. Insider threats are becoming more rampant as a significant number of staff members have access to sensitive data and critical systems. This risk that comes from within can be malicious, negligent, or accidental. A malicious insider is an individual who deliberately abuses their credentials to steal information. A negligent insider unknowingly exposes the system to outside threats. On the other hand, a mole is an outsider posing as an employee or partner to gain access to the privileged network.
It’s the most common type of cyberattack today. It involves deploying malicious software – spyware, virus, trojans, adware, and worms – into your computer system. A malware attack can block access to your network’s key components, steal confidential data, install additional harmful infections, make the system inoperable, or display advertising content.
Man in the Middle
A man-in-the-middle (MITM) attack is a rare but difficult breach to detect with devastating consequences. In this attack, a hacker will insert themselves into a two-party transaction, interrupt the traffic, filter, and steal data. You’re more vulnerable to a MITM attack if your network isn’t protected.
Connect with Thinline for Online Security
Cyberattacks are rapidly evolving as cybercriminals become more sophisticated. You may take the necessary measures to strengthen your defenses against the attacks above, which you should, but it won’t be enough. As a small business owner, you’re better off partnering with a cybersecurity provider so you can have peace of mind knowing your business is well protected as you focus on what matters to you the most – growing your bottom line.
At Thinline Tech, we can help. We are a distinguished and experienced cybersecurity provider with a long history of providing quality solutions to clients of all kinds.
Check out our service page or call us at +1-410-453-9300 to find out how we can help.