Cyber-Security Should Be Top Priority for All Tech-Savvy Businesses

Businesses spend billions of dollars every year working on their websites and launching apps to increase their online and mobile presence. If you are going to invest that much money into growing your online presence, it is equally important to invest in adequate cyber-security to protect your interests. Without security, technology can be just as detrimental to your business as it can be beneficial.

Many small business owners don’t realize that they are just as at risk for cyberattacks as larger companies. Hackers often target smaller businesses because they do not have adequate protection. Business owners underestimate their risk level by falsely assuming they do not have anything that is worth stealing. In most cyber-attacks, the end goal of a hacker is to steal and exploit sensitive data, whether it’s customer credit-card information or a person’s credentials, which would be used to misuse the individual’s identity online. Many small businesses have this information stored in an online database.

What are the top cyber-security threats small businesses face?

#1 Phishing
Phishing is one of the most commonly used forms of cybertheft. It involves collecting sensitive information like login credentials and credit-card information through a legitimate-looking (but ultimately fraudulent) website, often sent to unsuspecting individuals in an email. Hackers can use the information obtained to login to user accounts and steal valuable information.

#2 Malware
Malware covers any program introduced into the target’s computer with the intent to cause damage or gain unauthorized access. There are various types of malware including: computer viruses, worms, trojan horses, ransomware, spyware, adware, scareware and other programs. These programs can be used to steal sensitive or proprietary information or to completely shut down a user’s access crippling a business.

#3 Ransomware
Ransomware attacks are one of the fastest growing types of cyber-attacks against small businesses. Ransomware is a type of malware that infects your computer and demands a ransom. Typically, ransomware will either lock you out of your computer and demand money in return for access or threaten to publish private information if you don’t pay a specified amount in a specified timeframe.

What is the best way for your small business to tackle cyber-security concerns? Enlisting the help of a managed service provider to handle your business’s cyber-security is the most effective way to guarantee protection. Your provider will make sure that all of your devices are protected against these types of cyber-security attacks. A managed service provider will also protect your business by making sure that all of your important data is stored on a backup appliance so that your business doesn’t have to come to a halt in the event of an attack.