5 Small Business Cybersecurity Threats

5 Small Business Cybersecurity Threats

Small businesses, being more agile and less bureaucratic than larger corporations, are often faster to adopt new technologies to improve efficiency and productivity. Unfortunately, this also makes them a bigger target for hackers. They tend to have fewer resources to devote to cybersecurity and lack the technical expertise needed to defend themselves from online threats. This makes them particularly vulnerable to cyber-attacks. The result is that small businesses are twice as likely to get hacked as large enterprises.

Cybersecurity is a problem that doesn’t get enough attention in the minds of small business owners. If they have a computer, they have a target on their back. This is because a computer is a gateway to a company’s operations and finances, and no one wants to see their information or money taken. The unfortunate reality is that most small businesses have not taken the necessary steps to protect themselves against the risks they face.

The dangers that small business owners face in the realm of cybersecurity are varied and plentiful, and if they aren’t addressed, they can lead to some pretty intense consequences.

Social Engineering

Social engineering is the process by which an individual or group uses social influence to manipulate a person or persons into performing actions or divulging confidential information. A social engineer will almost always target an individual because one person can be easier to manipulate than a group of people. The social engineer can sometimes appear as a friend, an ally, or even an authority figure.

The definition above is a broad one that encompasses most aspects of social engineering; however, many are not interested in the definition of the act itself but more in how it can be used to gain access to secure information. For that reason, the definition will narrow and focus more on hacking.

Social engineering is a form of hacking that can be used to obtain confidential information

Cloud Computing

The cloud is a popular buzzword, and for a good reason: It’s the easiest way to make computers work together, and it allows users to access applications and data from anywhere with an Internet connection.

Cloud computing has changed the way people work, but it’s also changed the way people attack computers. Many security experts now say that the cloud isn’t as safe as it seems.

DDoS Attacks

A DDoS attack takes place when numerous compromised systems attacking specific targets, like an internet server. These systems are often infected with a Trojan, botnet, or virus. The compromised systems are called “zombies” because they are controlled without the owners’ knowledge.

If you’ve ever suffered from a website outage or slow page load times, you’ve been the victim of a DDoS or Distributed Denial of Service attack. Such attacks are a common form of cyber-attack, and they’re getting larger in scale every year, with some of the largest attacks peaking at 1.1 terabits per second.

Ransomware

Ransomware is a form of malware that restricts access to a computer system in some manner, then demands a ransom paid to the creator of the malware in order to remove the restriction. Ransomware can be used to deny access to any type of system or data, such as an operating system, a database, or a website. Ransomware can also be found inside of the software of some types of hardware, such as webcams and DVRs. Most modern ransomware is spread via spam email, exploit kits or drive-by downloads. The user can then be required to pay in order to regain access to their system, or the files will be deleted.

Using Third-Party Software

Using third-party software is a great way to extend the capabilities of your computer. But many times, a program downloaded from the Internet or a CD can be a source of a security threat. As a general rule, the more complex the software, the more likely it is to have security vulnerabilities. If you do download software from the Internet, it is important to be certain that you trust the source. When you download software from the Internet, you should also make sure you have updated your virus protection software to scan every file you download.

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