Cyber Attacks Soar to 26 million a day

Cyber Attacks Soar to 26 million a day

These were the initial words of a recent national newspaper headline and it went on to say that ‘as hackers find new ways to wreak havoc’.

This newspaper article was based on an annual report by specialist Sonicwall which can be downloaded at https://www.sonicwall.com/resources/white-papers/2018-sonicwall-cyber-threat-report-2/.

In October 2018, the UK government said “98% of UK businesses now operate online in one way or another, with even the smallest of firms benefiting hugely from the use of websites, social media, staff email addresses, online banking and the ability for customers to shop online.  However, the latest Government statistics show over four in ten (43%) of all businesses and charities experienced a cyber breach or attack in the past year.”   This is a quote from https://companieshouse.blog.gov.uk/2018/10/08/why-cyber-security-is-important-for-your-business/.

For most SME the detail of the cyber arms race – whether it be hackers or malware – are too complex to deal with for themselves.   But it should be remembered that almost half of cyber attacks target small businesses.

TYPES OF CYBER ATTACK

The types of cyber attack relevant to small business are:

  • The Denial of Service Attack – Attackers send enough information and data all at once from multiple computers to overload your system so it shuts down.
  • The Inside Attack – Some of the most crippling breaches occur when past employees decide to misuse the access to data
  • Malware – The phrase covers a large swath of worms, viruses, Trojan Horses and other pests like Ransomware
  • Password Attacks:
    • Brute Force Attack
    • Dictionary Attack
    • Key Logger Attack

ACTON TO TAKE ON CYBER PROTECTION

The FSB (Federation of Small Business) has suggested that small businesses could and should take action on:

  • Passwords – use them, make them strong, change defaults
  • Two factor authentication – use when available. It adds an additional layer of security to accounts or transactions.
  • Backups – data loss can be caused without warning and the result is typically a massive disruption to you and your business. Preferably offsite and check regularly to make sure you can restore
  • Software – Despite manufacturers’ best efforts, it isn’t possible to create perfectly secure software and so it must be patched and maintained to ensure it remains protected as new flaws and vulnerabilities are found.
  • Vigilance – People can sometimes be the weakest link in the security chain, but they can become your strongest asset if they understand the risks. Train them on cyber security and best practice.

The full FSB article can be found at https://www.fsb.org.uk/resources/top-five-cyber-security-tips-for-small-businesses.

SME ADVICE ON CYBER PROTECTION FROM THE GOVERNMENT

The UK government also publishes helpful information for small businesses.  Two good sources are:

ACS Technologies take our clients security seriously.  We manage and maintain our clients network security and backups as part of our contract services.

If you would like advice or guidance on improving data and network security within your company, contact us today.