Posts Tagged ‘hack’
How do you handle network issues? If you’re like most small businesses, you wait until something breaks or goes wrong before getting an IT services company on the phone. At a glance, it makes sense. Why pay to fix something if it isn’t broken?
Sadly, this way of thinking can do more harm than good, and it has taken many businesses out of commission.
When you get right down to it, there are two primary ways to handle network security:
- By being reactive
- By being proactive
One of these costs significantly more than the other and can destroy a business. You can probably guess which one we’re talking about.
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Many cybercriminals look at small businesses like blank checks. More often than not, small businesses just don’t put money into their cyber security, and hackers and cybercriminals love those odds. They can target small businesses at random, and they are all but guaranteed to find a business that has no IT security – or the business does have some security but it isn’t set up correctly.
At the same time, cybercriminals send e-mails to businesses (and all the employees) with links to phishing websites (websites designed to look like familiar and legitimate websites) or links to malware. They hope employees will click on the links and give the criminals the information they want. All it takes is ONE employee to make the click.
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Everybody gets hacked, but not everything makes the evening news. We hear about big companies like Target, Home Depot, Capital One, and Facebook getting hacked. What we rarely hear about are the little guys – the small businesses that make up 99.7% of employers in the United States, according to the Small Business Administration: These are the biggest targets of cybercriminals.
Basically, if you run a business, that business is a potential target. It doesn’t matter what industry you’re in, what you sell or how popular you are. Cybercriminals go after everybody. In 2018, a cyber security survey by the Ponemon Institute found that 67% of small and midsize businesses in the US and UK were hit by a cyber-attack.
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You, the CEO of a small business, are under attack. Right now, extremely dangerous and well-funded cybercrime rings in China, Russia and the Ukraine are using sophisticated software systems to hack into thousands of small businesses like yours to steal credit cards and client information, and swindle money directly out of your bank account. Some are even being funded by their own government to attack American businesses.
Don’t think you’re in danger because you’re “small” and not a big target like a J.P. Morgan or Home Depot? Think again. 82,000 NEW malware threats are being released every single day and HALF of the cyber-attacks occurring are aimed at small businesses; you just don’t hear about it because it’s kept quiet for fear of attracting bad PR, lawsuits, data-breach fines and out of sheer embarrassment.
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Hackers love to go after businesses for all sorts of reasons. Many don’t invest in good IT security, and often, business owners and their teams have bad cybersecurity habits. Here are five ways you may be increasing your risk of a cyber-attack (and what you can do to reduce your risk):
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Mobile phishing campaigns could be targeting your bank. In fact, phishing attackers are targeting bank accounts more in 2020 than ever before. Criminals found the easiest way to get in is through your mobile phone. Some of the recent targets? Capital One and Chase are two of the dozens of phished that have been identified recently.
Hackers are using automated SMS tools to blast bogus security text messages to you and have successfully snatched accounts from thousands so far—that’s of the millions receiving these texts.
