Cybercrime is Spiking: 3 Tips to Protect Yourself from Modern Cyberthreats
We are all living through a historical period of time. On top of political, societal, and economic upheavals, the digital space also faces unprecedented challenges. In the wake of COVID-19, companies were forced to make an urgent shift to remote work. This global disruption presented a unique opportunity for cybercriminals to take advantage of vulnerable networks and personnel.
Currently, global cybercrime damages are estimated to add up to $10.5 trillion annually by 2025, making it one of the largest global epidemics we’ve ever seen. At NOYNIM, we believe there is a fine line between fear and productivity. Our mission is to keep you informed about cybercrime trends, so you can best mitigate risk and get back to doing business. Here are three simple tips to help you safeguard against this unprecedented spike in cybercrime:
One of the best ways to protect yourself is to accept that, unfortunately, you are a target. Many small and mid-sized business owners believe that cybercriminals have bigger fish to fry. They see headlines like Facebook and Google Were Victims of $100M Payment Scam and shrug it off as something that only happens to the big guys.
The truth is that smaller businesses are attractive to hackers because they require less skill and lower consequences to invade. As
The Denver Post points out, “For every breach that grabs the headlines, there are thousands of smaller businesses being hit by online fraud attempts that are growing rapidly in boldness, frequency, and sophistication.” The sooner you accept that you are a target, the faster you can implement cybersecurity solutions to protect your organization.
#2: Train Your Team
Now that most of us primarily work from home, personal, and professional life is more blended than ever, employees are less likely to recognize and diffuse a cyberattack. It is also easier for cybercriminals to identify and isolate the “weakest link” in an organization. Hackers’ targeted research methods and personalized email messages can victimize unassuming employees in the blink of an eye.
Fortunately, as hackers get more sophisticated, so can you. We recommend educating yourself and your staff about the current cyberthreat landscape. There are free resources available online that can help cover the basics. However, to fully insulate your network from cyberattacks, we encourage you to enroll your staff in cybersecurity awareness training. The “human-factor” is what makes cyberattacks so powerful. Guard against this by training your team with phishing templates and simulations to strengthen your organization’s response to harmful viruses like ransomware.
Another easy-to-implement recommended safeguard is modern endpoint security solutions such as EDR; which enables you the ability to lockdown endpoints so users cannot download malware and/or a virus by accident. If you are interested in implementing EDR or signing up for cybersecurity awareness training, email us at email@example.com or call us at 720-524-8616 x 1.
#3: Understand That this Cybercrime Trend Will Continue
In the same way experts warned us about the possibility of a global pandemic ahead of COVID-19, cyber experts are sounding the alarm regarding an impending cybersecurity disaster. As the Deputy Assistant Director of the FBI’s Cyber Division explains, “The rapid and unplanned shift to moving our entire lives online creates a host of opportunities for professional cybercriminals.” Historically, this is the most digitally vulnerable we have ever been.
Forbes reported that “The year 2020 broke all records when it came to data lost in breaches and sheer numbers of cyberattacks on companies, government, and individuals.” The reality is that this is just the beginning of a new frontier for cybercriminals. In the same ways we had to make lifestyle adjustments to accommodate the “new norm” of pandemic life, we also need to be more vigilant with how we approach cybersecurity.
Affordable Cybersecurity Solutions
At NOYNIM IT Solutions, we provide affordable cybersecurity solutions and IT services to small and mid-sized businesses across the United States. NOYNIM was founded on the belief that all businesses, regardless of size, deserve the same centralized support capabilities as large corporations, but at a fraction of the cost. Our goal is to perpetuate the growth of your business, while helping you avoid the large overhead costs often associated with employing in-house IT staff. We handle your IT needs so you can get back to business. Learn about our services here.