Today’s cyber threat landscape is awash in everything from classic phishing scams to ransomware attacks, computer spoofing and social engineering attacks.
Most business leaders simply want to keep a step or two ahead of cybercriminals. But those criminals come with plenty of skills, powerful knowledge, and creativity – and no scruples. Protecting your data can be extremely challenging, especially if you’re trying to battle hackers without the right knowledge, skills, and tools to avoid, fight, and survive their attacks.
Unfortunately, data breaches keep increasing. For instance, data breaches exposed 4.1 billion records in the first six months of 2019, with an average cost of $8.64 million for a single data breach in a U.S. business in 2020.
According to Security Magazine, a new and unforeseen dimension has developed in the threat landscape since COVID-19 entered the scene in early 2020, resulting in 40% of the American workforce performing duties remotely.
The pandemic has not only left the world open to vulnerabilities while everyone is trying to stay calm, compliant, and safe from a mysterious human virus, but it has created a new spark of awareness among executives coming to terms with the fact that the problem is bigger than they realized before. That doesn’t mean that business leaders had no idea of what was going on, but the pandemic laid everyone’s intentions and characteristics out for all to see.
Bad actors were running amok, coming up with new scams and schemes while executives and their teams were trying to survive. That’s always the way it is, but you can add new tools and build on your knowledge and skills to keep the cyber wolves at bay, whether your team is in-house or relying on the cloud to work remotely to support your organization’s business operations.
Let’s explore the cyber threats your business might face amid ongoing COVID-19 issues and restrictions, before discussing the survival knowledge, skills and tools you need to fight them.
What Are the Most Prevalent Cyber Threats Businesses Face Today?