Cybersecurity threat focuses on threats that affect computer systems, applications, devices and data. This includes phishing scams, ransomware, malware attacks that cripple system functionality and other malicious activity that can lead to monetary losses, identity theft, disruption of business operations and damage to brand reputation. In some cases, cyberattacks can even threaten business closure.
The most common cyberattacks include viruses, worms, Trojans and spyware. Each of these attacks has different goals, but all are designed to steal or otherwise compromise sensitive information, disrupt operations and/or cause financial loss. Often, these cyberattacks are carried out by criminally motivated attackers seeking personal or commercial gain. These criminals may seek monetary gain directly through a hack into a bank account, sell stolen data on the Dark Web or use tactics like ransomware and DDoS attacks to hold data or assets hostage until they receive a payment.
Some cyberattacks are more sophisticated, including supply chain attacks that exploit interconnected systems of organizations and third-party vendors. For example, hackers target software developers and vendors to infect their build process, code update mechanisms or source code with malicious malware. They also attack the Internet of Things (IoT), which can be used to launch attacks against critical infrastructure like hospitals, and other personal or business-related devices.
A successful cyberattack can have devastating consequences for your business, customers and employees. Whether it results in financial implications, catastrophic data loss or breaches, lost productivity, business disruption, customer dissatisfaction and damaged reputation, a successful cyberattack can ruin your company’s success and, in some cases, even result in a business closure.