Check Out The Different Security Threats Faced By UK Businesses Today
Not just UK businesses but businesses all around the world are fighting hard to protect themselves as well as their customers against increasingly sophisticated security threats – especially cybersecurity threats. Some of the biggest security threats UK businesses are currently facing include:
Ransomware attacks first became popularly known in the UK after the May 2017 spree of attacks that affected private businesses and government organisations. As of March 2018, UK businesses were recorded to be facing about 38 ransomware attacks per day and the problem is unlikely to die out anytime soon. Ransomware attacks function by preventing users from accessing data on their computer systems until a ransom is paid. But not all attackers release ransomed systems after being paid.
- DDoS (Distributed denial of service) attacks
DDoS attacks are commonplace and have been used to cripple huge organisations in the past, including the BBC and Target. DDoS attacks are becoming more sophisticated and devastating by the day and what makes them especially dangerous is any company can be a potential target. For better security, many companies are opting for cloud security and hosting solutions.
Many cybercriminals do what they do for profit or just for fun. But there are also cybercriminals who allegedly perform their acts for ethical reasons. People who participate in hacktivism typically do it for politically or socially charged reasons. Cyberattacks by a hactivist can be just as devastating as or even more so than that of a typical cybercriminal, as it can lead to irreparable damage to a company’s reputation.
- Social engineering
Cybercriminals can infiltrate an organisation’s computer system and network not just online and from the outside, but also from the inside through social engineering. Cybercriminals use social engineering to bypass security technology and preventative measures by manipulating or deceiving company employees to divulge important data/information or create security breaches through phishing techniques.
- Insider threats
UK businesses are also facing insider threats in the form of data breaches by employees. Said data breaches may be for malicious reasons or due to ‘inadvertent actors’. Inadvertent actors are those manipulated into allowing attackers access company information or cause breaches in security measures.
- Mobile malware
Mobile devices have become extremely versatile tools not just for individuals but also for businesses. Sadly, mobile devices pose their own unique set of threats to UK organisations. Between 2015 and 2016 alone, mobile malware attacks tripled with almost nine million malicious installations occurring on mobile devices. Since companies cannot control what employees do with their smartphones and other mobile devices, this particular threat is especially worrisome
This list of security threats being faced by UK businesses are not likely to slow down anytime soon and will likely continue into the foreseeable future. It is up to businesses to protect themselves, their clients, and their assets to ensure cybercriminals do not gain the upper hand. This can be accomplished with a combination of the right systems and software, as well as team of security experts.