The smaller the business, the bigger the threat
Results from The Government’s 2018 Cyber Security Breaches Survey stated that last year, almost 50% of businesses in the UK were victim of a cyber security breach. Although high-profile cases involving large organisations falling victim to these attacks have been well publicised, it is the smaller and less talked about businesses that are at a higher risk of being attacked.
The risk is real
According to the 2017 Malwarebyte’s annual State of Malware report, the amount of attacks rose by 700% around the world. More specifically, and worryingly, there was a 134% increase in threats to UK systems alone. Research carried out by IT Pro Portal found that 62% of SMEs do not have a cyber security plan in place, ultimately leaving them exposed and in danger of becoming part of these statistics.
Below is a list of security threats that should be considered top priority by SMEs:
Malware is a type of software intended to cause damage, disrupt, steal or inflict negative actions upon data and networks.
Ransomware is a type of malware that locks computers and their contents in exchange for a financial amount, such as the WannaCry attack on the NHS in 2017.
Business Email Compromise
This is when a fake email is created and appears to be from a person of authority within a company, which is then sent to staff members. The email will instruct someone from the company to transfer funds to the attacker’s account.
Supply Chain Hacking
Supply chain hacking involves a service provider being hacked, for the attacker to then use that company to enter a bigger company in their supply chain.
Remote Access Trojan
Often through users opening fraudulent links and emails, RAT is when hackers control a machine remotely, meaning that they can access cameras, microphones, record screen activity and even alter files and spread malware.
This is when Spyware downloads itself onto computers via sites visited and emails opened and scans a computer’s hard drive for personal and sensitive data.
Security breaches via IoT
The internet of things is making it more difficult for organisations to control which devices are connected to their network as an increasing number of devices and gadgets now have the capability to do so. These devices are at risk from hackers, therefore putting the networks at risk too.
If you would like advice on how you can protect your organisation from cyber threats, give SCS Technology Solutions a call on 0800 9520652.