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The 5 Biggest Cyber Security Risks For Business

Cyberattacks are more frequent and can be a disaster for a business. If you’re a business owner it is imperative to do everything you can to protect your business from cyberattacks. This means adopting cybersecurity best practices and keeping your employees informed about the most recent threats.

Cyber security threats to your business Five major cyber-security risks you need to be aware of

1. Password theft: One of the primary reasons that businesses suffer from data breaches is due to employees. Employees are the primary entry point into a company’s system. Employees could be unaware of their rights to divulge confidential information to outsiders or make poor password selections which could permit hackers to break in. Hackers can easily break passwords that contain pet names or dates of birth.

2. Malware:

Not only ransomware and viruses can cause damage to your computer, but there are many other threats to your computer as well. Cybercriminals also employ social engineering and other methods to access your data. They will often email or call you pretending to be a tax department or bank authority to trick you into giving up your personal information.

3. Business Email Compromise:

This is among the most costly cyberattacks, that involves hackers compromising corporate email accounts to defraud companies. They typically gain access to the email account of an employee and then manipulate their company to transfer money to their personal accounts. This could result in significant losses for the business and be difficult to recover.