The Top 5 IT Security Threats for Businesses (And What To Do About Them)
Prevention is always better than a cure, and it’s no different for your IT security. Here, we cover where your biggest IT threats are.
According to a 2017 Data Breach Investigation Report by Verizon, over 30% of phishing emails are opened. That’s alarmingly high considering how long these attacks have been around.
Basically, Phishing scams work by e-mailing your business and pretending to be a reputable company, asking for credit card details or other sensitive information. Because of how complex and real these emails are now becoming, employees will sometimes fall for them.
Phishing attacks can, in part, be prevented through a good spam filter. That’s also something that can be automated, so employees don’t have to waste time opening and determining this on their own. We talk more about spam filters over on our partner company DataUP’s blog.
However, due to how real these phishing attacks are now becoming, some of them will often get through. The best way to prevent them from winning is by ensuring employees know the difference. That’s where the next threat comes in.
2. Ill-informed Employees
As discussed with phishing attacks, the biggest reason why these things work and breach security is often because staff are unaware. One click in an e-mail can be all it takes to compromise your security.
Staff training, updates and reminders being put in place can prevent occurrences like these from happening and leave your system secure.
Another way of keeping abreast of the latest technologies is to have an audit of your IT systems, especially if it has been over twelve months since your last. As technology exponentially grows, so too do the threats.
At IP Partners, we regularly conduct audits. An audit can help identify exactly where the risk areas are and how to educate your staff. You can read more about where they help on our blog post.
3. No Investment in IT Security
Small businesses are especially guilty of assuming that cyber security can be managed in house and with few resources. Whilst this might work for a short time, hacking, phishing attacks and malware can cause irreversible damage, loss of sensitive data as well as loss of company time. That doesn’t even cover reputational damage.
Think of managed cyber security like insurance. Securing your systems with the right software, safeguards and understanding where threats lie specifically to your business is a small price to pay to prevent the aforementioned data loss, time loss and money loss.
4. No Backups
Another prevalent attack within cyber security is ransomware. We talk more extensively about the topic on our blog, but ransomware is essentially when hackers withhold your data in exchange for a ransom. So, without a backup, there is no choice but to pay the ransom for the exchange. You can lose everything.
To prevent ransomware, the correct backup systems should be put in place. Offsite backups are a great way to ensure your data is kept safe off the premises. Our partner company, DataUP, specialises in backup solutions which you can read more here.
5. Out of Date
Similarly, to not having a backup, if software is out of date, malware can more easily infiltrate systems. Knowing when updates are needed and when software is out of date is vital to preventing malware attacks.
The Bottom Line on It Security Threats in Your Business
Phishing, malware, ransomware and the like are all threats to your business’ IT systems that are not going away. But, preparation is key to prevent these – with good backup systems, employee training and prevention methods, these attacks do not need to detract from day-to-day operations
If you’re interested in how to prevent security threats, you can leave a comment or ask a question below ⬇.
We also reply to all questions on our Facebook at IP Partners.
Alternatively, give us a call to speak to a professional.
Australian Government (2017). Top 5 cyber security mistakes: by small businesses. [online] Staysmartonline.gov.au. Available at: https://www.staysmartonline.gov.au/news/top-5-cyber-security-mistakes-small-businesses
Unni, A. (2017). The 10 Greatest Cybersecurity Threats SMBs Must Prepare for in 2018. [online] Stickman. Available at: https://www.stickman.com.au/10-greatest-cybersecurity-threats-smbs-must-prepare-2018/