- Advertisement -
Thursday, May 28, 2020
Home Money Why All Industries need Cyber Security

Why All Industries need Cyber Security

- Advertisement -

If you’re a business owner, paying attention to cyber security is essential. Here’s what you need to know about the dangers of malware and the importance of cyber-security:

Malware Can Wreak Havoc on Your Company’s Finances

Malware can allow cyber criminals to steal large amounts of money from your company, and they can even steal your financial information. They even could gain access to your computer when you’re not using it.

RELATED POST:   HOW TO BECOME MORE FINANCIALLY SECURE



ALSO READ:   INSULATED COOLER BAGS MAKE EXCELLENT PROMOTIONAL PRODUCTS

 

1. Some Types of Malware Transmit Data to The Hackers 24/7

Some forms of malware contain key loggers, and these key loggers are capable of transmitting data to the hackers anytime that the computer is in use.

2. Ransomware Could Hold Your Company Hostage

Imagine if one day your computer didn’t turn on, and you saw an error message saying that if you don’t pay a certain amount of money to hackers that they will not release your files. Not only is ransomware common, but it has devastated numerous small business owners.

Cyber-Security

ALSO READ:  5 BENEFITS OF ARTIFICIAL INTELLIGENCE FOR BUSINESSES

3. Your Competition Could Pose A Threat to Your Cyber-Security

Many business owners who faced a cyber-attack found that their hackers were not an anonymous person on the internet but someone from their competitors.

4. Hackers Could Use Your Computer for Malicious Purposes

In some cases, hackers compromise a computer in an effort to conceal illicit activities. This could result in you being falsely accused of illegal activity. In some cases, these programs could involve your computer to be joined with others to form a network of computers called a botnet.

5. Malware Is Evolving

The malware programs of today are far more dangerous than what hackers used in the past, and the dangers of malware are only going to get worse. As hackers get more skilled, they are likely to create even sneakier and more destructive forms of malware.

ALSO READ:  HOW AND WHERE TO BUY CRYPTO CURRENCY

What Are Some Examples of Serious Cyber Attacks?

While all malware attacks have the potential to cause serious harm to your company, these are some examples of the most dangerous malware programs that have hit business owners:

ALSO READ:   IS YOUR BUSINESS CREATING OMNICHANNEL EXPERIENCES? 5 WAYS TO MAKE THEM HAPPEN

1. CryptoLocker Ransomware and The Zeus Trojan

The Zeus Trojan is capable of stealing banking information and other data, and many business owners have had their information stolen as well as the important financial information of employees, such as social security numbers.

Not only that, but the virus can also be used to put a form of ransomware called CryptoLocker on infected devices.

2. The Wanna Cry Hack Devastated Companies Around the World

This cyber-attack continued for an extended period of time, and it prevented numerous companies from using their computer systems. It resulted in massive financial losses, and the ransomware is still in use.

3. The Canadian Government Hack

This attack shows that even major organizations can be highly vulnerable to cyber-attacks. During 2011, the Canadian government’s computers were hacked by individuals who from China.

ALSO READ:   CRYPTOCURRENCIES AND BUSINESS: A SYMBIOTIC RELATIONSHIP

4. The PayPal Hack

PayPal was hacked in December 2010. This attack occurred in response to PayPal’s decision to restrict the account of WikiLeaks.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Stay Connected

16,985FansLike
1,850FollowersFollow
2,458FollowersFollow

Must Read

4 Different Types of Business Attire

People who work in business offices and companies should consider wearing clothes which suit their job. They should pick the right type of clothes...
- Advertisement -

How many hours a week do you actually work?

A majority of employees like to choose either a 9-5 or 10-6 job in a day because it provides more convenience for them. But,...

What are the top 5 types of entrepreneurs?

An entrepreneur is a person who aims at making the ideas into a reality. Entrepreneurs play an important role in creating jobs and contributing...

Best mileage tracker apps for small businesses

Taxi owners who run a small business should track the fuel costs of a vehicle properly that can help reduce the expenses. Since fuel...

All Time Random Articles

Top Warehouse and Inventory Startups

A supply chain is an important part of every business. If you want to grow your business significantly, you need to know how to...

5 Vital Small Business Event Hosting Tips

Even in the era of social media promotions and digital marketing, hosting a small business event is one of the best ways of promoting...

5 Tips for Starting Your Own Gym Business

If you’re into exercising and you want to give entrepreneurship a shot, you might want to look into the possibility of starting your own...

Alternatives You Can Consider While Facing Insolvency

Insolvency has perpetually been a matter of trouble for multiple companies. It is something that no business owner wants to deal with. But it's,...

5 Architectural Trends That Promote Office Productivity

Ask CEOs and business owners everywhere what they want from their employees. More often than not, they’re looking for increased productivity from their workforce....
- Advertisement -
Select Language »