Cyber Risks Are Evolving. Don’t Get Left Behind.The cyber security industry is expanding massively as more people than ever before are realizing the importance of data protection. Businesses, in particular, are taking notice as incidents cost companies billions of dollars every year, and expose an enormous amount of personal data. Show
At ProWriters, we have a team of cyber experts dedicated to helping you navigate evolving cyber risks. We’ve identified the trends in cyber risk to keep you informed and prepared. Learn more about the top 10 cyber security threats today, and what steps you and your clients can take. The Top 10 Cyber Security Threats in 20221. Social Engineering Social engineering attacks exploit social interactions to gain access to valuable data. At the root of all social engineering attacks is deception. Cyber criminals trick and manipulate their targets into taking certain actions, such as bypassing security measures or disclosing certain sensitive information. Even the best cyber security systems can’t stop a social engineering attack, because the target lets the hacker into the system. Experts say social engineering attacks are on the rise, which is why we’ve listed it as a top threat. 2. Third Party Exposure Before you continue reading, follow us on LinkedIn so you don’t miss any important cyber updates: 3. Patch Management 4. Cloud Vulnerabilities The more we rely on the cloud for data storage, the higher the risk of a major data breach. Cloud services are vulnerable to a wide range of cyber attacks. This includes account hijacking and Denial of Service (DoS) attacks, which prevent companies from being able to access their data. Many businesses believe they are secure because they use cloud security technology. In reality, technology is only part of the solution. Because no technology can completely eliminate vulnerabilities, a holistic approach is needed for robust protection. Insurance is an important piece of that protection as part of a comprehensive cyber risk management plan. 5. Ransomware (and Ransomware-as-a-Service) Find Out the Real Cost to Cyber ExposureDownload our branded version, or add your logo to our FREE white-label version and send it directly to your clients to encourage them to act fast and get protected with a cyber policy. 6. Mistaking Compliance for Protection 7. Lack of Employee Training A recent study from a Stanford University professor found that 88% percent of data breach incidents are caused by employee mistakes. The most common cyber security threat employees fall for is phishing attacks. With attacks growing more advanced, many employees don’t have the skills to identify a phishing email. Additionally, many employees engage in poor cyber security discipline, using the same password for work and home computers. The solution for this is employee training. Any cyber risk management plan needs to account for human vulnerabilities, and take measures to ensure everyone is following correct protocols. Only this—in tandem with a robust system of controls—can begin to provide adequate protection against cyber threats. 8. Inadequate Cyber Risk Management ControlsMany of the strongest tools against cyber exposures, such as multi-factor authentication (MFA), endpoint protection, and secure email gateways, are often ignored by companies. This is a major mistake, as these controls are extremely effective at mitigating risk for common attacks such as phishing and social engineering. Not only does this open them up to cyber security threats, but it can also damage their ability to secure comprehensive cyber insurance. With the extreme rise in attacks in recent years, obtaining new cyber insurance plans and cyber renewals will not be as easy as before. Carriers now want their clients to take on additional protections before they will provide them coverage. 9. Internet of Things (IoT) 10. Outdated Hardware Protect Your Clients from Cyber Security ThreatsWe have mentioned a lot of cyber security threats, and a lot of tools to help mitigate cyber risk. Cyber exposure is a rapidly evolving threat, with the potential to devastate companies in any industry. Because of this, cyber insurance is an important tool in a holistic approach to cyber risk management. To learn about the extent of the threat cyber exposures pose, check out our FREE eBook, Cyber Exposure: What’s the Real Cost? and when you’re ready for one-on-one support, schedule a call with a ProWriters expert today! What is the most common type of cyber threat?Phishing
Phishing attacks often arrive in the form of an email pretending to be from a legitimate organization, such as your bank, the tax department, or some other trusted entity. Phishing is probably the most common form of cyber-attack, largely because it is easy to carry out, and surprisingly effective.
What are the top 10 biggest cyber threats to organizations?Top 10 Cybersecurity Threats:. Social Engineering. ... . Third-Party Exposure. ... . Configuration Mistakes. ... . Poor Cyber Hygiene. ... . Cloud Vulnerabilities. ... . Mobile Device Vulnerabilities. ... . Internet of Things. ... . Ransomware.. What are the 8 common cyber threats?8 common types of cyber attack vectors and how to avoid it. Compromised Credentials. The username and password continue to be the most common type of access credential. ... . Weak and Stolen Credentials. ... . Malicious Insiders. ... . Missing or Poor Encryption. ... . Misconfiguration. ... . Ransomware. ... . Phishing. ... . Trust Relationships.. What are the 6 most common types of cyber threats?Six Types of Cyber Attacks to Protect Against. Malware. Malware is an umbrella term for many forms of harmful software — including ransomware and viruses — that sabotage the operation of computers. ... . Phishing. ... . SQL Injection Attack. ... . Cross-Site Scripting (XSS) Attack. ... . Denial of Service (DoS) Attack. ... . Negative Commentary Attacks.. |