Cybersecurity threats can be a huge concern for all businesses no matter their size. Every other day, there is a new case of a high-profile data breach, affecting a large enterprise, government agency, or political organization. As businesses collect more data, more devices are added to the global network, scaling the risk of malicious attacks exponentially.
All businesses need to develop a comprehensive cybersecurity strategy to prepare against the biggest cybersecurity threats. Do you know what the biggest cyber threats to your business are?
Here are the three biggest cybersecurity threats to your business:
Ransomware
One of the most common types of malicious software is ransomware, which is found in more than 39% of cases where malware was identified. It installs malicious software onto your system and holds your data and files. Generally, you can only get access to your data if you pay a ransom to the criminal behind the attack.
There are different ways for businesses to minimize the chances of ransomware:
- Educate employees about the risk of malware
- Encourage virus or malware scanning for email attachments
- Enable cloud-based, data-backup strategy
Security Vulnerabilities
More than 50% of data breaches are the result of hacking. People outside your business organization can hack into your network by bypassing your network security. Most hackers target known security bugs in popular business software programs. Though these bugs may have readily-available fixes, these security patches aren’t applied to vulnerable programs. This leaves the business network exposed to outside cyberattacks.
The Inside Man
When it comes to business cybersecurity, people are the weakest link. When your employees open unsuspicious-looking phishing emails, download corrupted documents, or click on links containing malware, they put the whole business at risk. Therefore, your employees are one of the biggest threats to your organization’s cybersecurity. According to Verizon 2018 Data Breach Investigation Report:
Surprisingly, a whopping 93% of all the data breach incidents investigated in the report could be traced back to an employee. Some insider attacks are the result of silly mistakes like falling for a phishing email or visiting malware websites. On the other hand, some are caused by employees for misusing their user credentials intentionally.
There are a few things that organizations can do to minimize insider threats:
- Educate employees regarding common cybersecurity risks
- Develop and implement a cybersecurity policy
- Limit each employee’s access to the specific resources they need
- Set ground rules for BYOD at work
- Monitor employees to keep them from compromising your cybersecurity
Bonus Tip: An effective way to monitor employees
Once you have created a cybersecurity policy, it is important to ensure that all the employees abide by the rules. In this case, monitoring your employees’ performance and other online activities is a significant tool that can save you tons. Employee monitoring tools like Xnspy can help you supervise your in-office and remote team from anywhere. Xnspy employee surveillance tool allows you to get access to your employees’ call logs and chats with date and time details. You can read complete chats without them ever knowing about it.
One of the biggest aspects of employee tracking is that it allows access to that information, which security cameras or other network surveillance tools cannot provide. By installing Xnspy on your employees’ company-owned devices, you can access all data saved on their devices. You can view all the digital activities of your employees on the go to ensure the cybersecurity of your important company and customer data. You can monitor their emails, contacts, and other multimedia files. With this access, you can detect any anomaly and save your business from a cyberthreat before it is too late.
Furthermore, you can check web browsing history, appointments, and calendar entries of your employees without touching their company-owned phones or tablets. With this information in hand, you can know about their activities and their plans so that you can prepare your company against a data breach incident. Besides, you can listen to their call recordings and phone’s surroundings to know about your company’s under-the-table activities. Xnspy also allows business owners to track the GPS location of their employees to get first-hand information about their employees’ activities.
You can also set keyword-based alerts on your employees’ monitored devices and get notifications via email. Surely, this can save you precious time to look through a plethora of information. You can set alerts for specific words, contacts, email IDs, and even locations.
For the cybersecurity of your business, effective employee monitoring is a must, and for that, a monitoring app should be your choice of action.
Conclusion
Overall, the cybersecurity landscape is increasingly changing due to technological advancements and easy access to the internet. For businesses to minimize their risk of a data breach, they need to be vigilant of the wide array of cyber threats that they could face. However, it is worth mentioning here that there is no single “silver bullet” solution that can address all kinds of cyber risks. No shortcuts, you should actively work on your cybersecurity.
