Protect Your Business from Cybersecurity Threats in 2021

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Traditionally, securing your business might have meant installing an intruder alarm and locking the doors to your premises but today’s businesses face very different security threats. Cyber attacks are becoming increasingly prevalent at a time when businesses are under more pressure to optimize their data security. That’s when managed cyber security services come into play. A factor you shouldn’t overlook.

Due to this, organizations need to update their cybersecurity strategies to respond to emerging threats. To ensure your cybersecurity is up to scratch, take a look at some of the threats you need to watch out for in 2021:

1. Data Theft and Ransomware

By gaining access to your IT infrastructure, hackers can view, modify, and steal data. Not only could you face sanctions for allowing this to happen, but you could also receive demands for large monetary payments in order to prevent the data from being published. Known as ransomware, hackers routinely use this strategy to extort large amounts of money from businesses and will prevent you from accessing your own data until the funds have been transferred. Although ransomware isn’t a new phenomenon, it is becoming more prevalent and remains a major threat in 2021. Data theft and ransomware are serious threats, which is why you should make sure that your business is SOC 1 or SOC 2 Compliant. You can learn more about soc 1 vs soc 2 here.

2. Cloud Vulnerabilities

The shift towards remote working has resulted in more businesses using cloud-based solutions. Although there are many benefits associated with cloud computing, improper configurations or the use of unsecured virtual private networks (VPNs) leads to vulnerabilities. As a result, hackers are increasing their focus on cloud-based systems. If you want to make the most of the business opportunities that are associated with remote working, it’s vital to ensure your cloud infrastructure is secure. With more firms set to make remote working permanent in 2021, you can expect to see an increase in the number of cloud-based security breaches that take place. All things related to your business cloud security can be put in place by these IT services in Toronto from Cloudsecuretech.

3. Social Engineering

Social engineering attacks are often used to dupe individuals, but they’re also employed to bring businesses to a standstill. A remote DDoS attack can make your website inaccessible and disrupt your cash flow, for example. Alternatively, a lack of business email security could result in hackers sending fraudulent communications purporting to be from in-house staff, in an attempt to obtain data and systems access. Social engineering attacks often combine technical and human aspects, which is why they’re so effective. To stop them, increased infrastructure security and employee education are required. 

Keeping Your Business Secure

Implementing effective cybersecurity measures is essential for every business, but how can you achieve the level of security you need? Identifying threats and enacting appropriate protocols requires specialist knowledge and expertise. Fortunately, they can access the protection they need with 24/7 IT support services. By partnering with a reputable IT firm, you can ensure that your business is protected from threats around the clock. This gives you the freedom to focus on your core business activities, while cyber experts protect your systems from attack. With the increase of hybrid working, it is more important than ever to use more secure measures such as Adaptive authentication to authenticate users using your business devices.

As technology becomes ever more embedded in society, the risk of cybersecurity threats will only increase. While you may not be able to stop hackers from exploiting commercial organizations, you can take steps to ensure your business isn’t a target.