Cyberattacks are more frequent than ever, and they can be extremely destructive to businesses. If you are a business owner you should do everything you can to protect your business from cyberattacks. This means adopting cybersecurity best practices and keeping your employees up-to-date on the latest threats.

Cyber security threats to your business: Five major cyber-security risks you should be aware of

1. Password theft: One of the major reasons businesses suffer from data breaches is because of employees. Employees are the main entry point into a company’s systems. Employees can unknowingly give collaborate confidently with end-to-end encryption solutions out confidential information to anyone outside or make poor password selections which could allow hackers to gain access. Hackers can easily crack passwords that include pet names or dates of birth.

2. Malware:

Not only viruses and ransomware can damage your computer but there are other threats, too. Cybercriminals use methods of social engineering as well as other methods to gain access to your information. They typically email or call you pretending to be a tax department or bank authority to deceive you into giving your personal information.

3. Business Email Compromise:

This is among the most expensive cyber attacks. Criminals compromise corporate emails to steal money from an organization. They typically gain access the email account of an employee and then manipulate their company to transfer funds to their personal accounts. This can lead to an enormous loss for the company and be difficult to recover.