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What are Some of the Top Cyber Security Threats?


What are Some of the Top Cyber Security Threats?

This entry was posted on by Pavel Odnoletkov.
Cyber security

Cyber security has become an even bigger issue post-Covid lockdowns. It appears the loss of jobs and income turned more people towards the dark side of computing. Cyber scams targeting both businesses and individuals have ramped up significantly since the coronavirus began making its way around the world. The best way to ensure protection from cyber scams is to be informed about the methods used. So, what are some of the top cyber security threats these days? In this post, we’ll go over what appears to be the most common methods used by cyber criminals these days.

Phishing

Phishing is a type of social engineering cyber-attack that has been common for some time now. The reason for this is that it depends on human fallibility rather than the exploitation of technical shortcomings. It’s become readily apparent that people are much more easily fooled than computers. Cyber criminals resorting to phishing send messages meant to trick unsuspecting victims into giving up sensitive information. As long as people remain uninformed and continue to fall for fake messaging, phishing will likely remain the number one way for cyber criminals to achieve their goals.

Exploiting the Internet of Things

The Internet of Things (IoT) describes everyday devices beyond computers, mobile phones and tablets that need to connect to the internet to function. In today’s modern home, this can include doorbells, picture frames, window blinds, light fixtures and much more. The IoT is also found throughout most businesses that use automated systems, wireless sensors, robotics, machine learning and other technological solutions. The problem with the IoT is the ubiquity of devices that are ready to be exploited by unsavoury characters. With so many points of entry for cyber criminals, it becomes difficult to ensure cyber security. As IoT devices become ever more popular, the risk of cyber security threats only grows.

Ransomware

Although typically directed towards businesses rather than individuals, the use of ransomware has been growing exponentially as the ransoms paid grow ever more lucrative. Not only does being infected by ransomware cost the victim the amount of any ransom paid, but the subsequent downtime can often be even more financially damaging. With the advent of ransomware-as-a-service, where the software developer takes a cut of any ransoms paid, even the most novice hackers now have access to this hugely damaging cyber security threat.

Mobile Device Susceptibility

Mobile devices are generally more vulnerable due to their portability. Not only does this portability vastly increase the risk of loss or theft of the device, but it also often requires them to connect to insecure networks. The development of online commerce, contactless payments systems and working from home has increased the potential rewards gained by cyber criminals concentrating on mobile devices. As mobile security evolves, there has also been an increase in the targeting of systems meant to secure corporate databases that are regularly accessed by mobile devices.

Password Strength

One of the original methods of obtaining access to protected data was stealing or guessing passwords. Unfortunately, even though quite primitive, this method of hacking is still regularly used today. And again, this comes down to human fallibility. The creation of weak passwords is still a problem for many corporations that delegate the responsibility of password maintenance onto their employees. Multi-factor authentication can be used to combat this deficiency, although it’s not a completely perfect secure system either.

To learn more about protecting your business from cyber security threats, get a free assessment today.

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Pavel Odnoletkov
Pavel Odnoletkov
Head of Marketing at MBC Managed IT Services
With more than 20 years of experience, Pavel leads MBC’s marketing efforts.
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