With this challenge, it has become increasingly difficult for organisations to ensure their staff can work securely. We are sharing the top cyber security threats you need to look out for in 2023 to reduce the risk of being the victim of the next cyber attack.
Social engineering manipulates people into sharing sensitive personal information or taking specific actions that compromise one’s security. Hackers mask their intentions to gather confidential information, such as by disguising themselves as a coworker and pretending to have an urgent problem requiring access to a network resource.
Due to the nature of these cyber attacks, having a workforce fully equipped with the knowledge to spot and manage these attempts to gain sensitive data is critical.
The influence of AI has grown massively throughout 2023. Jumping on AI trends and tools like ChatGPT has become commonplace for many organisations. While these tools have many benefits, equally challenges have evolved from the usage of these tools too. Hackers can use AI to craft more sophisticated cyber threats.
Outside of this, without the correct procedures for using automation tools, employees can naively utilise these tools to input sensitive data for work purposes that could potentially breach confidential client or company information.
This malware encrypts an organisation’s files denying or limiting a user’s access to data stored. Ransomware attacks are typically accompanied by a threat to publish the organisation’s confidential data or permanently block access to it unless a ransom fee is paid. This is a nightmare for businesses, small or large.
According to Webroot, 84% of ransomware attacks now include the threat of leakage alongside financial gain. Factoring in the potential fines that can be incurred from failing to protect data compliance and governance procedures, precautions should be taken to avoid these cyber attacks.
76% of organisations, are very concerned about cloud security, according to Cloud Security Alliance researchers. Insufficient data security controls due to misconfiguration can leave your organisation open and susceptible to cyber-criminal activity.
Hijacking accounts due to staff having weak password security can mean unauthorised users can gain access to sensitive data stored in the cloud too.
An insider threat arises when an organisation’s existing stakeholders, such as staff, employees, contractors, or partners, intentionally or accidentally. This can result from individuals using misusing their legitimate access to systems.
From disgruntled employees sharing confidential information, to users falling prey to cyber attacks such as phishing attacks through ignorance, this is a growing phenomenon that can have dire consequences.
How can you ensure your organisation has taken the precautions to protect your firm from being at risk of suffering from the next cyber attack?
Register here for our event to gain our insights to create a robust cyber culture within your team.