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Top 5 Cyber Security Threats to Businesses in 2018

Getting to know the top 5 cyber security threats to businesses in 2018 can help you plan ahead and better protect your business from potential risks. At Express Computers, we understand how important it is for you to keep your company data safe. That is why we offer a wide range of IT services that are specifically designed to help reduce possible threats and keep your business data safe.

Top 5 Cyber Security Threats in 2018

The top 5 cyber security threats in 2018 that you should be aware of are:

1. Phishing Scams

The most common cyber security threat to businesses is phishing scams, largely because of the human element involved. In fact, most breaches are actually caused by human error, and while there is no single precaution that can be used to prevent phishing attacks, a multilayered defense of technology, processes, and people is your best bet for preventing this particular threat.

2. Ransomware

The second highest internal cyber security threat to businesses in 2018 is ransomware. This type of threat is highly public, which adds more stress to the situation as business professionals feel pressured to respond to the security breach in the public spotlight.

3. Cloud-Based Threats

Cloud functionality is still new enough to the business world that most cloud-based threats have not even been realized yet; however, business professionals are becoming increasingly concerned about possible attacks to the cloud. While cloud computing can be extremely beneficial for businesses, it can quickly turn into a threat if not properly secured.

4. GDPR

While a breach of the GDPR has yet to happen, it still brings a range of different concerns, as businesses have been forced to completely rearrange and reorganize the management of custom records. Any failure to comply with GDPR standards can have a huge financial and social impact on a business, causing customers to shy away.

5. Cryptocurrency Mining

Another cyber security threat that businesses need to be aware of is cryptocurrency mining in which cybercriminals infect their computers, commandeering the CPU power and stealing Bitcoin; however, since cryptocurrency mining is a relatively new trend, there is a lot of work that still needs to be done in order to ensure that businesses are able to stay protected.

If you would like to learn more about the top 5 cyber security threats to businesses in 2018, or if you are interested in one of our services (data protection, IT services, or software development), please contact Express Computers at 604-888-7904 or request a consultation online.