By and large, looking at the present day business environment where things have gone online and the cyber world has proved to be an essential for business operations, business executives and global investors have been so concerned about the rising cases of cyberattacks which have generally become so frequent, complex, destructive and costing businesses a great deal. Actually, a global survey on business executives and investors has shown the fact that cyberattacks and the threats that a business may be so exposed to online is one of the things that tops the list of concerns, that is cyberattacks being the greatest threat that businesses happen to be facing. In the following lines we will be taking a look at some of the real cyber threats that a modern day business will be so exposed to and as such they must take the necessary measures to ensure that they have so actively protected against.
Hackers still continue using phishing as one of the methods to infiltrate and compromise a business’s systems and this is one that is so popular within the hacking community for the mere fact that it has worked and still works so well for them. As a matter of fact, a recent study report released by one of the leading data security ad systems security companies of renown has actually established the fact that over 90% of cyberattacks actually had their roots in a phishing scheme. Business email compromise is one of the most forms of phishing that has been in use by a number of hackers and this is where the hacking community convinces the unwitting employees to send them sensitive data and information or wire them sums of money and this has really costed businesses around the world huge sums of money in losses.
Another common hacking plot that has been used by a number of the cybercriminals to compromise business systems is that known as shadow IT. Talking of shadow IT, this is basically the case where a service, software or device may be in use within a company’s network without their IT team actually knowing of the same. And with cloud computing having come in, this has as such brought in a whole new form of shadow IT. The Systems as a Service, SaaS, apps have become so popular and are in their numbers, cheap and easily accessible and use. Employees in a number of organizations who were surveyed actually agreed to the fact that they have used at a certain point in time while at work some of the unauthorized SaaS applications. Such acts can really leave your systems as a business quite exposed to the risk of attacks by the cybercriminals.