Ransomware has grown in popularity since it first made itself known, but it wasn’t until just last year where it became a powerful presence in the cyber world. Ransomware encrypts the files of its victims and demands payment for the decryption key. In just one year, ransomware stole approximately $1 billion from its victims. Most notable, though, is that these victims were not just from large enterprises, but small companies, too.
Do you know what a botnet is and how it works? It’s basically a network of infected computers that can be used to perform Distributed Denial of Service attacks, overloading target networks and forcing them to endure downtime. They can also be used to distribute malware and other threats. What’s worse than this, you ask? Hackers can purchase botnets on the black market to use against their targets, but a new type of botnet strain is changing the way this works.
As a technology-using business owner, it’s your responsibility to take the security of your organization’s data seriously. This entails knowing the finer details of the many security threats that are out and about on the Internet. Here is a list that includes many of the major threats that you’ll want to keep a lookout for in the business world, and what you can do to stop them.
With all of the major data breaches making the news these days, it’s not very surprising when you hear about a new one. However, what is surprising is just how much the average cost per breach has skyrocketed in recent years. The cost of data breaches is up 29 percent since 2013, which equates to roughly $4 million per data breach.
Hackers of all shapes and sizes use brute force attacks to gain access into accounts and infrastructures, but do you know how they work and what your business can do to protect against them? Failing to understand brute force attacks could put sensitive information in the crosshairs of hackers, and leave it vulnerable to ongoing attacks.