The cybersecurity industry is always shifting as new technological innovations emerge and modify firms’ security practices. Companies across all industry sectors mut empower their IT departments to improve their cybersecurity architecture as well as provide pertinent training programs to all important decision-makers in the corporation.

Companies must safeguard their assets and ensure that their employees are constantly prepared to react to a cyber-attack if they wish to move ahead securely and avoid losses at the claws of the cyber-criminals or malevolent malicious attackers.

Cybersecurity Threats To Organisation

1. Password Security

Password theft is a common method used by cybercriminals to gain access to business systems. Hackers will be able to easily break into your systems if your passwords are not well-secured. Multi-factor authentication (MFA) is an excellent solution to this security flaw. MFA requires users to provide information other than their password in order to login. This could be a code sent to your mobile phone or an email confirmation. You can make it much more difficult for cybercriminals to gain access to your systems by implementing MFA.


2. Remote Work

The COVID-19 pandemic has permanently altered the workplace and how it is protected. Enabling secure remote fast VPN access and connectivity, implementing technologies to maintain employee productivity and ensure security, enforcing remote security policies, and dealing with security issues on home networks, such as shadow IT, have all become daily headaches for security administrators. A VPN is required for this and enabling remote secure VPN access is only possible through a reputable VPN service.


3. Cloud Attacks

The physical world of data storage has been changed by a new era of technology called cloud computing. Businesses of all sizes now use cloud services to store critical data. Lack of encryption, poor cloud configuration, and insufficient authentication are the main causes of compromised data security. As a result, in order to preserve sensitive information, businesses must maintain a number of measures for cloud security and data protection.


4. Phishing Scams

The login and payment card details of users are the targets of phishing, a type of social engineering assault. Unlike ransomware, the information in this scenario is used to the hacker's advantage. Even if workers work remotely, businesses can protect them by setting access control regulations. Cybersecurity education and awareness are crucial when it comes to defending your business against phishing schemes.


5. Cryptocurrency and Blockchain Attacks

The primary target of hackers is digital currency or wallets. Consumers, businesses, and governments are all looking for new ways to use cryptocurrency, but a recent spate of cyber-attacks has highlighted security risks and flaws. Many blockchain attack variants have made headlines due to their high vulnerability to digital wallets, including Eclipse, Poly, DDOS, and Sybil. Any trader, cryptocurrency exchange, or company dealing with blockchain, or cryptocurrency would prefer that their information not be compromised. As a result, companies must think carefully about investing in IT architecture and preparing for a cybersecurity attack.

Cryptocurrency and Blockchain Attacks


So, how is your company doing in terms of meeting these cyber security challenges? A comprehensive cyber security strategy would allow you to detect breaches quickly and significantly reduce the possibility of an attack.

However, if you need assistance getting started, or if you simply don't have the time and need to outsource this process, it's time to consider hiring an IT managed services team. Contact our incredible team at e-bits and we'll gladly walk you through the ways your company can benefit from such IT services.

Published On: November 4th, 2022