4 Common Cyber Attacks That Can Ruin Your Business

Did you know 60% of small businesses that experience a cyber attack fail within 6 months?

This is a shocking statistic that shows just how damaging a cyber attack can be. If your business is fortunate enough to survive the attack, you still have to deal with the disruption of your business as well as a loss of reputation, money, customers, and more.

For this reason, it’s essential to make sure your business and data are protected from the most common cyber attacks. However, to protect your business, you first have to know what you are dealing with.

If you are a business owner who wants to make sure your business doesn’t fall prey to a cyber attack, here are the common attacks to watch out for.

    1.Phishing

Phishing is one of the most common cyber attacks that happen today. It is widely spread and results in serious financial loss.

Phishing occurs when someone in your organization receives an email, popup, messenger message, or text that looks like it is from a legitimate company. This communication contains a link that, when clicked, steals the information from the device you are using.

If you have been the victim of a phishing attack, consider hiring an IT consulting company.

    2.Ransomware

One of the common cyber attack scenarios is having your data held for ransom.

Ransomware occurs when a hacker breaches your system and holds your information for a certain amount of money. These attacks generally happen to companies with sensitive information, such as hospitals and banks. However, ransomware attacks are so lucrative they are also used on average businesses.

    3.Malware

Malware is a common type of cyber attack in which a malicious code invades your system to steal information, cripple your systems, and destroy your data. Even if your business recovers from the attack, the hackers will have a backdoor into your system they can use however and whenever they want.

Malware is one of the biggest security threats facing small businesses today.

    4.Distributed Denial of Service (DDOS)

DDOS is a common cyber-attack method that involves flooding your website or network with more traffic than your servers can handle. This flood of traffic slows down your network and can even cause it to become unavailable. The primary goal of the attack is to restrict access to legitimate users of your website.

These Are the Common Cyber Attacks That Target Businesses

These are the most common cyber attacks you may experience.

Phishing happens when you unknowingly click a malicious link that appears to come from a trusted company. Ransomware occurs when your systems and data are held until you pay a “ransom” to release it.

Malware is malicious code that is used to steal important data from your systems. DDOS happens when your systems are flooded with traffic to disable your website or network.

These are the common attacks you need to protect your business from.

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