Article

A Look up at the 5 Types of IT Security Threats Facing Businesses

Topic: Business NetworkingPublished June 8, 2018

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Businesses continue to consider how vulnerable they with cyber threats all around, as they have become a commonplace and it is something that favors attackers and hackers. In most cases they attack at a faster rate thus causing data theft, and millions of dollars loss along with stating diminished customer and end user confidence. It is also predicted that these will become more common in the future with the increase in the number of connected devices such as personal devices, virtualized networks, sensors and increasing points of connectivity. In fact, cyber security

is a boardroom level agenda item as business leaders want to ensure that they have in place the investments necessary to protect intellectual property and customer data.

Now, let us see some of the most common IT security threats that businesses continue to face:
1. Mobile Devices (BYOD):
Most of the organizations allow their employees to bring their own device (BYOD) that connects to their business networks. This process eases the way employees connect, work and play. Although, there are many benefits of a BYOD policy as it helps improved productivity, lower costs and ensures higher mobility. But, it typically associates itself with many risks that include breaches of data, no full control on data, risks involved as it supports multiple types of devices. Thus, password protection, proper device registrations are some of the measures that need to be taken up by organizations.

2. Cloud Stack and Shadow IT: The rapid usage of cloud has introduced many new challenges and vulnerabilities. This has been causing additional vulnerabilities even due to Shadow IT that might introduce more security risks. Businesses should proactively adapt to constantly protect them from these evolving threats in the most well defined manner by adopting risk management and compliance.
3. Ransomware and Hactivists:
There was a wide spread Ransomware attack during 2017 and it continues to be a major malware challenge for businesses even beyond 2017. It works by preventing the user from accessing information or having the ability to use a machine before a payment is made. However, in many cases, hackers continue to exploit the user even after the first payment has been made.
4. Distributed Denial of Service (DDoS) Attacks:
These attacks continue to be the most notorious cyber security attacks in the recent years. These DDoS attacks are on the rise in the recent years but it typically gains access to corporate data and usually harms the victim’s services. When once the services are affected, the intervening services and customers are in turn affected.
5. Phising Attacks:
This has become more and more common cyber crime in which the target is contacted by emails or text messages and lures both employees and individuals and their information is used to access personal data thus causing huge personal information and later financial losses. Spear Phising is also becoming more significant security threat today. Many individuals and organizations have been entangled in this.
Then how can Businesses protect themselves?
Certain solutions like SecOps provide superior customer experience along with a robust cyber security. This security product has capabilities of secure operations while focusing on delivering a seamless customer experience. This specific ‘Security and Experience’ go together approach finds the right balance between the ease of user experience and effectiveness of security protection. It is an enabler of new business opportunities in addition to protecting your company’s people, data, and systems. Cloud Security
is achieved through following certain cloud adoption strategies with specific focus placed on security and privacy to improve all operations and make them secure.
About Author:
I am a Senior Content Writer with over seven years of Content Writing experience exclusively into the IT industry. I write articles on core technology topics like AI, Big Data, Machine Learning along with other advanced data analytics and cyber security topics. In this article, I tried to focus on the five major IT security threats that businesses are commonly facing.

A Look up at the 5 Types of IT Security Threats Facing Businesses

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