TOP 5 Cybercrime Trends Your Business Has to Look Out in 2019

Nowadays, we are witnessing the heyday of cybercrimes. Even such large companies as Facebook, Marriot, and Yahoo sometimes suffer millions of dollars in losses when they face experienced hackers. Even though such “giants” have the entire security departments full of professionals involved in computer security at their disposal. Not to mention small and medium-sized businesses… Their staff is often not prepared for cyber threats and their ignorance can cost a company reputation, money, clients. Let`s present several possible scenarios that may threaten business in 2019.

1. Phishing Scam
Phishing scam became widespread in early 2019 and continue to gain popularity. Cybercriminals create websites that imitate the official ones, for example, the payment page of the bank. Their purpose is to force the user to "swallow the bait" – it means to click on the link and enter personal data.

One of the types of such attack that is aimed at businesses is a Whale Phishing Attack. The targets of the intruders, in that case, are people who have access to secret or sensitive information of the company, for example, CEO or CFO. As soon as “a whale swallows the bait”, the malware can spread in a closed environment and bypass security restrictions. A system security administrator can lessen the impact of this attack by inducing the corporate management staff to provide security awareness training.

2. Ddo S-attacks
This attack became more popular in recent years. This type of threat is common among trade organizations, media companies, commerce, and banking. Hackers target systems, servers, and networks overwhelming them with a great amount of traffic. As a result, they are unable to serve legitimate requests. DDoS-attacks can damage both the reputation of a company and financial stability. Organizations have to prepare for these threats using different strategies.

The most common defense against DDoS is a firewall. Moreover, the strong network architecture is also essential. Companies should also remember to back up data. If the main server is attacked, they can easily recover data. The migration of the companies` web applications to the cloud is also a good protective measure.

3. Malware attacks
Malware is a threat that remains relevant since the advent of the global network. Malware is any unwanted software installed in the OS without a user`s consent. It can lead to a number of unpleasant consequences, such as a decrease in computer performance, extraction or deletion of personal data from the system, or even a negative impact on the computer hardware. Malware can attach itself to other software, lurk in useful applications, and self-replicate across the system.

The most common malware includes:
●      worms;
●      Trojans;
●      spyware;
●      droppers;
●      adware;
●      Boot-Record Infector.

An updated antivirus in conjunction with an enabled personal firewall that monitors incoming and outgoing traffic are the best ways to protect the system against malware.

4. Man-In-The-Middle Attack
MITM-attack is a type of cybersecurity breach that allows a hacker to eavesdrop and modify communication between two correspondents, while none of them can guess the presence of “interceptor” on the channel.

The surest way to defend against these attacks is to use a VPN. A Virtual Private Network encrypts all the data, so even if an intruder manages to position himself “in the middle of the connection”, he will not be able to understand anything, since it is the VPN provider that keeps the encryption keys. Moreover, a good VPN can protect the data even from attacks sponsored by the government. There are even VPNs for Canada, which notoriously is a member of the Five-Eyes alliance (you can read about VPNs that are suitable for Canada on Cooltechzone).

5. APT Threats
APT (or Advanced Persistent Threats) is a cyber attack that involves the injection of unauthorized code into the system. Such an attack is dangerous in the long run. Since ATP may not manifest itself for a long time without affecting the computer’s performance, it will quietly sit and steal financial and personal information. For that purpose, hackers use a variety of techniques, including exploit kits, malware, and others.

How do you defend your business from cyber attacks? Tell us about it in the comments below!

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