Top 5 Cyber-threats

Top Five Cyber-threats for 2019

In this age of digital transformation, the biggest challenge Organizations face comes from cyber-threats.

Published By - Debra Bruce

Introduction

In this age of digital transformation, the biggest challenge Organizations face comes from cyber-threats. As we are making a shift towards the cloud, our organisational data is getting vulnerable to the constant cyber-threats. The cyber-attacks aren’t limited to large organizations as they were a couple of years ago. Nowadays even small organizations are also getting hit by the cyber-attacks.

The purpose of this blog is to understand the most dangerous cyber-threats so we can develop a concrete strategy to prevent the data loss. The table below demonstrates the comparisons between the problems we faced in 2014 and the problems we are facing right now.

2014 2018
Organizations victimized by one or more successful cyber-attacks 62% 77%
Optimism for dodging a successful cyber attack in the coming year 62% 38%
IT security’s weakest links Mobile devices Laptops / notebooks Social media Containers Mobile devices Cloud infrastructure
IT security’s greatest inhibitors Low-security awareness among employees Lack of skilled IT security personnel
Greatest cyberthreat concerns Malware Spear  phishing Malware Spear phishing
Hottest network security technology planned for acquisition Next-generation firewall (NGFW) Advanced malware analysis
Hottest endpoint security technology planned for acquisition Advanced  malware analysis Containerization / micro-virtualization
Change in next year’s IT security budget No change Increase 5-9%

Source: KnowledgeNile

Top Five Cyber-Threats

Ransomware

Ransomware has been the biggest threats for the last five-odd years, and they are still expected to be the top cyber-threat. This has been causing the most damage and considered as the most dangerous threat amongst the types of cyber-threats.

Ransomware is a type of software which encrypts the data until the asked ransom is paid. Most of the ransomware is sent through the email attachments, and once you open the email, the virus downloads itself and starts corrupting the files on the computer.

Possible Remedies:

As they say, prevention is better than cure, the best way forward for preventing the ransomware is to identifying the ransomware with the effective protective measures.

Educating your staff by letting them know the type of emails that generally contain such viruses and asking them not to open them or asking them not to download the attachments from the unknown sources.

Phishing

Phishing is generally an attempt to gain the personal data by posing as a known authority; normally an online service or a bank. Spear phishing has caused tremendous data loss for many organizations. The main reason behind this is they seem to be completely authentic and genuine making it more difficult to understand the difference.

Possible Remedies:

Ask your employees not to share the sensitive information as no company will ask for your personal data for official use. Also implement an effective firewall, spam filters to prevent them from falling into the inbox.

Data Loss

The data loss has been one of the prominent factors for many organizations. With the concepts like BYOD or the use of unknown sources and the use of different devices cause the data loss.

Possible Remedies:

The data loss prevention methods have been the top priority of many of the security experts. An effective way is to secure the end-points of the devices being used.

Hacking

Most of the hackers have been breaching the firewalls and hacking the website and gaining access to the confidential data of the organizations. In addition to that; with the technological advancements, the hackers now deploy the bots to do the hacking on their behalf.

Possible Remedies:

Having a clear strategy to prevent the hackers from breaching the security measures is an essential strategy to prevent the hackers.

Also, having the well-versed and technically efficient resources and clear cybersecurity strategy can prevent the hacking.

Inside vulnerability

The employees of the organization sometimes unknowingly or on purpose leak the data. This cyber-threat is also growing, and it’s expected to be among the list of cyber threats.

Possible Remedies:

The effective endpoint management helps the organization from preventing the data theft. And also having a clear strategy and setting up the protocols also help the organizations.

Key Takeaways:

In this age of digital transformation, the data is considered to the most important asset of an organization. The companies are investing more in the cybersecurity. The cyber-attacks are also growing, and they are using different tactics to breach the security measures of an organization. In order to prevent the cyber-attacks Constant Vigilance is required. To know more about the cyber-threat report you can click on Imperva’s Cyber-threat Defense Report.