Small Businesses are being threatened by these top Cyber Attacks

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A Business is a business, no matter how much you are investing in it to raise it from the roots. And if you are one of the owner’s of the estimated 28 million small businesses in America, then it’s high time to include cybersecurity into your enterprise toolkit.

According to a survey carried out by Symantec, around 43% of hackers launching cyber attacks in America are targeting small businesses.

So, the threat landscape is increasing as fast as online technology, and we need to follow what the cyber attacking criminals are planning next on small businesses.

Cybersecurity Insiders brings to you the 6 most dreaded cyber attack threats looming on small businesses.

Note- The list has been compiled by inputs provided by the best security experts in the industry.

The DDoS Cyber Attack- A Distributed Denial of Service (DDoS) attack is a kind of cyber threat where attackers send info and data all at once to multiple computers with an aim to shut down the systems and network with overloaded traffic. And security experts suggest that the best way to prevent such attacks hitting small businesses is to use analytics to monitor unusual spikes in traffic flow. Regular software updates can also help in avoiding such attacks.

Insider threat- In cases, a cyber attack occurs due to some insider who can be a past employee deciding to misuse the access to data in place. Therefore, we highly recommend to all small business owners to change credentials meant for data access of all employees who decided to quit or got fired. It is better to revoke their access as soon as their termination order is being typed.

Malware- Malware is nothing but a malicious software that lurks in cyberspace and targets vulnerable networks and computers by gaining access and causing damage in an illegitimate way. Here, malware includes viruses, trojans, and other cyber pests such as ransomware. Using an effective anti-virus might do the trick in most cases. Also keeping the firewall and security settings up to date might help.

Password Attack- Using commonly used names and numbers as passwords might look comfortable to online users. But if you use common words and phrases as passwords, there is a high probability that these passwords can be easily guessed by cyber crooks who later gain access to your respective web accounts. Thus, security experts recommend online services users to use an Alphanumeric password tucked with special characters which are almost impossible to guess.

Brute Force Attacks- As the craze for social media is picking up, people using them are making a mistake of posting critical info like contact numbers, email IDs and other critical info on these public platforms. Hence, the data shared on these platforms is being used by criminals to launch brute force attacks where hackers work with easiest-to-guess passwords based on the first, last, pet names and school names shared on a public platform. Using a good password which has great technical strength might pull you out of trouble in such situations.

Keylogger attack- This is one of the sophisticated attacks being witnesses in developed countries like the UK, US, Canada, and Japan. In such attacks, cybercrooks often use a program to figure out your keystrokes made during a web login. They then use this data to break into your banking accounts to siphon money. Fight back is possible when you use a multi-factor authentication that slows down hackers.

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Naveen Goud is a writer at Cyber Security Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security