How IT Issues can impact your business

If you have an online business, you must understand the ever-changing world of cybercrime.  It is common to believe that when a virus appears, it is likely to be a prank.  However, that is not always the case.  There are so many threats on the internet, and to protect your business, we recommend you read on to learn more about cybersecurity systems.

Why are Cybersecurity Systems Important for your Business?

With the world now heavily relying on technology, be it for personal or business use, staying safe online is important. The data you store on your system will be vulnerable, and when compromised, can have a massive impact on your business.  

Here are just a few examples of how you could be affected if you face what could be a devastating cyber-attack:

  • Your reputation will be affected, and you could lose trust among customers 
  • Loss of important data
  • You may lose your companies competitive advantage 
  • Your revenues could be impacted due to non-compliance with data protection regulations
  • Money could be stolen from your account

With this in mind, companies and individuals must have a cybersecurity system in place. 

What is Cybersecurity?

Cybersecurity is a procedure that is designed to keep your devices, networks, software programmes and data safe from cyber-attacks. When your website is attacked, your sensitive and personal data is at risk, causing potential extortion of money.

When a cybersecurity programme is in place, it relies on a few factors. 

Any person who is on the system will need sensitive information, such as passwords.  They will also need to be aware of how dangerous it is to open and read untrusted attachments sent via email, insecure websites and the importance of data backup.

Several tools are designed to protect your systems from the threat of a cyber-attack.  These include firewalls, antivirus programmes and DNS filtering.

Cybersecurity Threats

There are four main categories when it comes to cybersecurity threats, and here we will explain them in more detail:

Malware 

Also known as malicious software, Malware is a programme specifically designed to cause damage to your system. These can include your computer, the server and client or computer network. You may be familiar with the term’s virus, worms, trojan horses, spyware, adware and ransomware.

Ransomeware

Ransomware is another malicious type of software that mainly targets individuals.  The software blocks access to a computers system or files and then holds you to ransom, hence the name. Usually, you will experience encrypted files, making them inaccessible until the ransom money is paid.

Phishing

Phishing is the term used after a fraudulent attempt has been made to obtain sensitive information and data.  Examples of data stolen are usernames, passwords and bank details.  Whoever is attempting this cyber-attack disguises themselves as an official to gain your trust.

Social Engineering

Social Engineering is an attack where the user is tricked into giving away sensitive information.  There are several ways the impersonator acts.  They sometimes target people implying they have won a sum of money, whilst others will rely on people reacting in fear.  For example, the attacker may pretend to be a person in authority.

In conclusion, if you are a business owner, you should ensure you have some kind of cybersecurity system in place.  With hackers becoming increasingly sophisticated, you will be protecting your business from potential devastation.

For further information on how we can assist you, please contact us for free advice.

Matthew Southgate
Technical Consultant / Founder

I am here to help business owners get the best out of IT and achieve build their business. By helping deliver the latest solutions to fit your business.If you have any further questions please do not hesitate to get in touch with me by phone on 01279 800 037 or by email at [email protected]

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