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Cybersecurity Threats For Businesses Are On The Rise

26 September 22

Do you ever get fed up with the multiple steps needed to log into your work environments and applications? Have you ever thought that it is a bit of an overkill? Well, you shouldn’t.

In just the second quarter of 2022, the world has seen approximately 52 million cases of data breaches. The number is down from the firsts quarter by 56 percent, but it is still quite staggering.

So, what are the most common factors raising the risks to cyberattacks for businesses? Remote work and password safety.

Remote work

The post-pandemic world changed the way people work – remotely. And remote work requires remote solutions, for example connecting to remote networks via VPN.

Employees working from home might be more susceptible to phishing scams. Also, it is important to note that employees often work using personal devices, which might be unsecured.

Passwords

Passwords have been the first line of defense against cybercriminals for as long as there was the internet. Unfortunately, they are also the path of least resistance for the attackers. Here is why:

  • Sharing or storing passwords on work communication platforms or via email can result in cyberattacks. It is also very common to store passwords in text, unsecured Excel files, or cloud type databases. Even though it is quite risky it is still a very common practice in most companies.
  • If you store your password on the work server which is easily accessible to your colleagues, you open your company up to the possibility of insider-related data leaks.
  • The use of malware, unsecure connections, and the possibility of hackers automatically submitting tens of thousands of passwords to eventually guess it correctly is quite common.

So, how do you protect your business against cyberattacks with so many threats online? To start, consider the use of antivirus software, firewall, anti-phishing extensions for emails, and a VPN. Also, ensure your software is always up to date and, of course, educate yourself and your employees to remain cyber-aware of all threats.

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