Cyber Security Breaches: How to Prepare your Business

Cyber security breaches are devastating for a business. Not only can it cause financial impairment, but it can also damage a company’s reputation. To protect your business from these types of attacks, you need to take precautions like installing a firewall or anti-virus software, creating strong passwords, and backing up your data.

It’s also essential to educate your employees on the various types of cyber security threats to be more aware of what to look out for. So let’s explore the different cyber security attacks and tips to prepare your business and employees for a potential cyber security breach.

Types of Cyber Security Attacks

Businesses need to be aware of various types of cyber security attacks

Ransomware

A ransomware attack is when a hacker encrypts a company’s data and demands a ransom to decrypt it. Ransomware attacks can be highly costly for businesses, as they not only have to pay the ransom but also might need to hire a professional to help them recover their data.

Malware

Malware is malicious software that infects a company’s devices and causes damage to or steals data. Malware can be installed on a device through email attachments, websites, or physical access to the device.

DDoS Cyber Security Attacks

A Distributed Denial of Services (DDoS) attack is when hackers flood a company’s server with requests to overload the site. DDoS attacks can disrupt businesses because they take their website or application offline.

Spam

Spam is unsolicited emails that are bulk sent to personnel at your company. These emails can contain malware or links to malicious websites. They can also be used to phish for information such as login credentials or credit card numbers.

Phishing

Phishing uses email or text messages to deceive people into clicking on malicious links or attachments. Phishing attacks can install malware, steal personal information, or hijack accounts.

CATO

A Cyber Attack Targeting Operational Technology (CATO) is a type of attack that targets the industrial control systems used in critical infrastructure. CATO attacks can cause physical damage, disruptions, and financial loss.

ATM Cashouts

An ATM cashout is when hackers access a bank’s ATM network and withdraw large amounts of cash from ATMs remotely. ATM cashout attacks can be very costly for banks and cause disruptions to the ATM network overall.

Tips to Prepare for a Cyber Security Breach

Cyber security is essential for all businesses, so you must take the necessary precautions to safeguard your company’s data. Now that we’ve explored the different types of cyber security attacks, let’s take a look at some tips to prepare your business and employees for a potential breach:

Educate Employees on Cyber Security Threats

Employees should be aware of various cyber security threats and what to look out for. They should also know what to do if they suspect their device has been compromised. First, install a firewall and anti-virus software on all your company devices: This will help protect your devices from malware and other attacks. Let employees know to never click on suspicious links on their work email accounts.

Create Strong Passwords

Strong passwords are essential to protecting your company’s data. Employees, managers, and corporate executives should be reminded to change their passwords regularly to avoid data breaches.

Backup Data Regularly

Always back up your data to ensure it is not lost or corrupted in an attack. When you back up your data, all of your corporate information is hosted off-site, so even if your devices are compromised, you will still have access to your data.

Restrict Access to Sensitive information

Restrict access to confidential or sensitive corporate data. Be sure to allow only authorized personnel to have access. You can do this simply by implementing user permissions and access controls.

Regularly Test your Cyber Security

It’s essential to regularly test your cyber security measures and get an audit from a professional if necessary. Regular testing will help you identify any potential weaknesses in your system and make the changes required to avoid a future attack.

Talon Premier Security’s Vulnerability Assessment & Monitoring Services in Minnesota

In today’s economy, information is your organization’s greatest asset. It must be protected from unauthorized access, denial of service, breach of confidentiality, loss of data integrity, or another cyber security attack.

Nowadays, the threat of a cyber security breach is more significant than ever before. Your organization must be prepared to protect, detect, and respond to today’s cyber attacks. So, where should you begin?

Talon Premier Security can help. We are a security contractor in Saint Paul, Minnesota area. Our team has a diverse background of experience and training in a community with unique security concerns in a complex market full of various cyber security threats and vulnerabilities. Contact us to get started!