Paying attention to the latest news on global cyber threats has become a task that the average business owner can not keep up with. In fact, statistics show that there were two billion data records that were breached in 2017 and about 5 billion in 2018. Halfway through 2019 and we are on par for similar numbers, if not more, of clever and specific threats. Let’s take a look at the latest threats.
Since staying on top of cyber threats is practically a full-time job, it is no wonder why businesses count on IT specialists like M&H Consulting to keep them abreast of the most recent threats. Recent research suggests that most companies have unprotected data and poor cybersecurity practices in place, making them vulnerable to data loss.
Mobile Vulnerabilities
Did you know that more than 60% of fraud online is accomplished through mobile platforms, and 80% of mobile fraud is achieved through mobile apps instead of mobile web browsers? Too many business personal users are accessing financial and sensitive data outside of their home network. Many times users have no idea the treasure trove of data that is on a smartphone, from credit card numbers to access to personal identifying information. In addition, many users have their smartphone as the location of the two-factor identification code that is used. Therefore, if that device is stolen or lost, the information can find itself in malicious hands.
Advanced Phishing Attacks
Phishing is one of the most successful attack vectors. This is due to its speed and the fact that most phishing sites are up and down within a matter of a few hours, making them hard to track down. Add to that the fact that many phishing attacks go unreported and the cyber community has no way of planning for the evolution of the types and scope of the attacks.
Utilizing Artificial Intelligence
More and more businesses are becoming reliant on artificial intelligence to run components of their day-to-day operations. Automating common business practices is a definite advantage of AI, but keep in mind there is another side of the coin. AI can be taken advantage of by sophisticated and malicious hackers.
Are you looking to stay ahead of the cyber threats this year? It’s not easy, but with the help of M&H Consulting, you can be way ahead of the curve. Call M&H Consulting for more information at 1-866-964-8324 or visit our website.
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