Cyber Security Threats

Written by Andy Irvine
When it comes to a business, using the internet is part of our day-to-day routine. Although it definitely has its benefits, it can also heighten the risk of scams and security threats.
Cyber Security Threats

Just a single cyber attack has the potential to damage your business and it’s reputation. We have some important things you can do to prevent the event of an attack.

 

What are cyber security threats?

A cyber threat is an act in which your data is at risk of being damaged or stolen. As a business, this can be devastating as the data could include customer information or private information about the company.

If you’re a company that deals with the sales of products or services online, yours and your customers financial data could be put at risk. This means that not only can they see things that they shouldn’t, but they can also use your financial details too.

 

Examples of security threats.

There are multiple cyber security threats that cause huge disruptions to your business. It’s important to know what to look for in the case that your business is being targeted. Common cyber threats can include:

 

Malware

This involves a software that performs an attack on a device or network. The main aim of this act is to steal or corrupt data. In a worse case scenario, this threat can also lead to the complete take over of your system.

 

Phishing

This attack approaches businesses and individuals via email. These emails will normally include a hyperlink which you are encouraged to click. The links are very dangerous and can lead to malware being downloaded onto your device – putting your confidential information at risk.

 

Trojans

Trojans are another type of malware that disguises itself as a piece of software. Once it is in the hosting system, it releases a harmful piece of code which can allow the threat to take over the system. This puts all of the information inside of the system at risk.

 

Why cyber security is important.

From the three examples we’ve discussed above, it’s easy to see why we should do everything to try and protect our systems from cyber security threats. Without protection, your business is put at risk of electrical blackouts, failure of equipment and loss of data.

 

It’s also important to remember that whilst our technology is evolving each year, so are cyber security threats. As new updates are released and new softwares are installed, cyber threats are being created to try and take advantage of these.

 

We’ve conducted a list of things you can do to help prevent the event of a cyber security threat or attack on your business. The majority of these are easy to complete but can have a massive impact on how your business is protected.

 

How to prevent cyber security threats.

  1. Keep your data backed up

 In general, backing up your data regularly is an important step to complete. This protects your data from a disaster which has the potential to shut your system down. In the case of a cyber incident, if your data is put at risk or deleted from your system, a backup will mean that you still have a copy.

Backing up your data is easy to do and is cost efficient. If your business doesn’t have the time or facilities to complete this, IT companies like Bolfield can help set up a backup plan to ensure backups are taken regularly.

Depending on the importance and size of the data you are backing up, it will determine how often you should complete this. It’s important to use multiple backup methods to help ensure safety.

You can read more about backing up by going to our ‘Why should I backup my business data?’ blog.

 

  1. Keep devices secure and updated

 Ensure that your operating system and security software are updated to the latest version. If possible, set these to update automatically – this will save you time and will make sure it gets completed. Updates can include security upgrades which can protect your business. By not completing the updates, your business is at risk of viruses and attacks.

It’s essential to make sure that you have security software installed on all business devices. This software includes anti-virus, anti-spyware and anti-spam filters. These can protect your business from harmful threats.

Another piece of software that can protect your business is a firewall. This sits between your computer and the internet to monitor all traffic. By installing this, your device is protected from viruses that may be found on websites.

 

  1. Use strong passwords

 Just setting your password as ‘Password1’ or your date of birth really isn’t going to make the cut these days. Passwords like this are way too simple and leave you in a vulnerable position to be hacked.

It’s important that passwords include letters, numbers and special characters. However, try to avoid using the same passwords for multiple accounts or devices. If someone gets hold of your password for one thing, everything could be put at risk.

 

  1. Educate your staff

You may be confident about what to look for in the case of a security threat, but your staff might not be. It’s essential that the whole business knows the dangers of cyber security threats and what they should do if they are faced with one.

For example, show your staff members what fraudulent emails can look like and talk about the consequences if the wrong actions are taken.

If everyone in your business is educated on the dangers of cyber threats and attacks, your business will be in much safer hands.

 

  1. Keep your customers safe

 A business’s top priority is it’s customers. Keeping your customers information safe is vital. If this is lost, the reputation of your business can be compromised and you can also face legal consequences.

If your business takes transactions online, it’s important that you invest in a safe and secure system which keeps data confidential. This will ensure your customers financial information is protected.

 

What’s next?

If you would like some more assistance or advice on how you can protect your business from cyber security threats and attacks, please don’t hesitate to contact us. Our team in our Cambridge, London and Peterborough offices can provide you with solutions to fit your business and budget.

Share this post: