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Top 10 Digital Threats For Your Small to Medium Business

Top 10 Digital Threats for Businesses
Tony Nguyen Avatar

As a business, there are many digital threats that pose a critical risk to your continued operations. Understanding these digital threats is the first step to protecting yourself!

1. Phishing Attacks

  • What is it? Fake emails or messages trick employees into revealing sensitive data or clicking malicious links.
  • How can you protect yourself?
    • Educate staff on phishing attacks
    • Use email filters
    • Enable multi-factor authentication (MFA)

2. Ransomware

  • What is it? Malicious software that locks data and demands payment to restore access.
  • How can you protect yourself?
    • Ensure Regular backups
    • Create response plan (Immediate next steps, communication channels, backup recovery plan)

3. Weak Passwords

  • What is it? Easy-to-guess passwords allow unauthorized access to systems and data.
  • How can you protect yourself?
    • Enforce complex passwords
    • MFA
    • Use password managers like Kybershield

4. Data Breaches

  1. What is it? Unauthorized access to sensitive data, which can lead to data theft and reputational damage.
  2. How can you protect yourself?
    • Store sensitive data in encrypted format
    • Restrict access
    • Run regular security audits

5. Malware

  • What is it? Harmful software, such as viruses or trojans, that damages systems or steals information.
  • How can you protect yourself?
    • Install anti-malware
    • Update software
    • Educate on safe browsing

6. Insider Threats

  • What is it? Threats posed by employees or ex-employees misusing access to data or systems.
  • How can you protect yourself?
    • Limit access
    • Monitor activity
    • Set clear data policies

7. Unpatched Software

  • What is it? Outdated software with vulnerabilities that attackers can exploit.
  • How can you protect yourself?
    • Apply updates regularly
    • Automate patches
    • Inventory software

8. Social Engineering

  • What is it? Manipulation tactics that trick employees into sharing confidential information.
  • How can you protect yourself?
    • Train on tactics
    • Encourage caution culture

9. Cloud Security

  • What is it? Risks from unsecured access to cloud-based services or storage.
  • How can you protect yourself?
    • Enforce MFA
    • Review permissions
    • Monitor cloud activity

10. Third-Party Risks

  • What is it? Security threats introduced by vendors or external partners with access to systems or data.
  • How can you protect yourself?
    • Vet vendors
    • Keep clear vendor registry with access logs enabled

From data protection to proactive actions tracking, the Kybershield platform aims to provide 365 protection for your small/medium business. Sign up today to keep up to date with our latest product offering.

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