“Your data has been compromised.”
Like most people, you hope to avoid hearing the aforementioned words at all costs. However, data breaches happen far more often than you might expect. In 2020 alone, 1,001 data breaches swept the United States—affecting a staggering 155.8 million individuals.
With that in mind, you may be wondering: What are some specific examples of a data breach? Here are three recent data breach examples that shook the corporate world.
What’s the biggest expense your business faces? Whether it’s rent, payroll, or something else, there’s one potentially huge cost many business owners don’t factor in until they’re facing it – the cost of recovering from a cyberattack.
A data breach, ransomware attack or other digital attack that knocks your website offline can cost your business anywhere from thousands to millions of dollars in remediation, lawsuits from customers and fines by regulators. These kinds of crimes are rampant and target businesses of all sizes. The problem is so severe and widespread that Cybersecurity Ventures projects that cyberattacks will cost organizations worldwide $6 trillion by 2021.
According to recent research, malware currently infects an estimated 12.8 million websites globally. These infections make sites vulnerable to takeovers, defacement and data breaches from bad actors looking to tarnish site reputations and turn a profit – and the costs can be devastating for businesses. In fact, the average data breach now costs businesses $1.9 million, which is enough to significantly impact any organization – regardless of size.
To avoid the harmful impacts of a cyberattack, businesses should get proactive about protecting their site now, before the damage is done. Here are our top 4 cybersecurity tips your business can deploy now to get proactive on preventing data breaches, site defacement, DDoS attacks and other threats that put your sites at risk.
Research reveals that 68% of small- to medium-sized businesses have no policy to ensure cybersecurity, perhaps due to a belief that they don’t have anything worth stealing. However, the truth is that businesses of all sizes hold valuable data in their hands, and cybercriminals work to create new sophisticated attack methods to acquire this information.
An unfortunate reality for SMBs is that 43% of all cyberattacks target small businesses. Because many small business owners are often busy and strapped for time, cybersecurity might not be a top priority. In order to protect your business, customers, and data, it’s essential you’re aware of the ever-evolving methods cybercriminals use to target SMBs and their customers.
To help you get started, we break down the most common attacks into a simple small business cybersecurity guide for your business. We’ll examine the techniques cybercriminals deploy to target businesses and their customers. Additionally, we’ll outline some of the most common cybersecurity threats and offer steps you can take today to protect your website from cyberattacks in the future.
If you’re a small business owner looking to boost your cybersecurity efforts, you’ve likely come across the term “OWASP Top 10.” The Open Web Application Security Project, or OWASP, is a nonprofit group of cybersecurity experts who aim to make cybersecurity resources easily accessible to any business or individual interested in learning about the risks that exist online today.
The OWASP Top 10 is a list of the most critical web application security risks that anyone with a website should know about, and it’s an especially great resource for small and midsize businesses (SMBs). SMBs tend to have less budget and fewer resources available to defend against cyberattacks, so they’ve become a popular target for bad actors. The OWASP Top 10 list can help pinpoint possible vulnerabilities to help establish your cybersecurity priorities.
However, there are three threats from the OWASP Top 10 list that we think SMBs should know about and address immediately. Keep reading to learn more about these threats, as well as tips for securing your business against them.
SQL injection is such a common tactic in cybercrime that it’s been named a top security threat by the OWASP Top 10, a powerful awareness document representing the most critical security risks to web applications. If you’re not protecting your website from this type of attack, your business and customers are at risk.
So what is an SQL injection attack, and why is this method so popular among professional and amateur cybercriminals?
A backdoor attack is a type of malware that gives cybercriminals unauthorized access to a website. Cybercriminals install the malware through unsecured points of entry, such as outdated plug-ins or input fields. Once they enter through the back door, they have access to all your company’s data, including customers’ personal identifiable information (PII).
As the name suggests, a backdoor attack is stealthy, and cybercriminals often slip in undetected.
The holidays are just around the corner, and with it comes the inevitable holiday shopping rush. In fact, holiday shopping can account for up to 30 percent of annual sales for online retailers. As Black Friday kicks off what is expected to be another lucrative online holiday season, there are vast opportunities for cybercriminals to steal shopper’s information through spoofed websites, malicious coupon code links, and phishy marketing campaigns. Any downtime resulting from an attack can severely impact holiday profits, not to mention annual revenue. This time of year, it’s more important than ever that ecommerce businesses make cybersecurity a top priority in order to protect their website, customers, and bottom line.
Additionally, consumers should be aware of the risks that exist online to defend their information proactively. Being cyber-aware while shopping online is the new reality for consumers, and it becomes even more imperative during the holiday season.
Modern cybercriminals have an array of weapons in their cyber arsenals. As technology evolves, their tools and methods continue to become more sophisticated. Ransomware is among these weapons — and it poses a significant threat. Cybersecurity Ventures estimates that a ransomware attack targets a business every 14 seconds, and that number will fall to 11 seconds by 2021. Because no business is too small to become the target of a ransomware attack, it’s important to understand the importance of preventing ransomware attacks and how to proactively defend your organization.
No matter what industry you’re in, there’s a good chance that you conduct a lot of your business online. Most modern small businesses have one or more digital properties, including a website and various social media pages. Your website may or may not be your chief sales portal, but it’s usually the first place prospective customers go to learn about your brand, making it a vital asset.
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