As we’re currently in the throes of a pandemic and being told to stay home, businesses as well as families are online almost constantly. With the need for virtual meetings, using many different online tools and emailing far more, internet usage has grown significantly.
Unfortunately, so has cybercrime.
Recent figures show that hackers stole more than £4.5bn from the British population alone, with over 17 million victims hacked. Reports also indicate that almost half of UK businesses have been subject to a security breach or hack. Whilst fresh figures indicate these statistics may rise again this year, it begs the question whether hackers are becoming smarter or individuals and businesses are failing to protect themselves appropriately.
How well protected is your business? Do your employees and colleagues know what to do if they receive a suspected phishing email? Have you considered the worst-case scenario?
You, the individual
Typically, hackers target access or logins for websites, apps and banking sites. They can use your credit cards to make fraudulent transactions and to steal your identity and personal information. On average, you’re looking at two working days to clean up these types of hacks, or longer depending on the severity.
By accessing your personal information, the hacker gains information that they could use against you with threatening phishing emails. And what if they gained access to the company that you work for? How bad would it be both for your employer and your job security?
These days, we need to be hyper-vigilant.
Your business and livelihood
Hackers who target businesses of all sizes for a multitude of agendas are more prevalent than ever.
Hackers may steal, delete or leak intellectual property, causing reputational damage, huge financial losses, and CEO, director or staff dismissals.
If a hacker breaches your business’ IT network, they could access your customer information, potentially exposing sensitive data. Then your business could also fall victim to ransomware, and you could be pressured into paying the hacker to regain control of your data. Ultimately, a large-scale hack could push a business into insolvency regardless of its size or stature.
The nation and beyond
Potentially, hackers could use your business as a gateway to take down power grids or networks, entire sectors of commerce, critical energy or financial services infrastructure. They could even incite terrorist threats or attempt to influence public agendas in elections, campaigns or ideology.
Terrifyingly, this could all be started by clicking what seems to be a legitimate link in your personal email inbox.
Are your business and its employees shrewd enough? Will you be ready should a major attack occur? With more employees working from home during the current crisis, networks are vulnerable and normally stringent procedures may be compromised. The risk of a cyberattack has never been so high.
To make sure that your business is protected from the possibly devastating effects of cybercrime, please email me today for further information.