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vulnerabilities

The Threats Hiding In The Tools You Use Every Day

Thomas Fox is president of Tech Experts, southeast Michigan’s leading small business computer support company.

How do you imagine a cyberattack? A sophisticated hacker breaking through layers of security? Using advanced tools that no regular business could possibly defend against?

The reality is usually way less glamorous.

Many breaches start with something small. A forgotten account that was never removed. A laptop that missed an update. A security setting that was switched off and never switched back on.

These are the kinds of gaps attackers actively search for because they’re far easier to exploit than forcing their way through a heavily protected system.

In other words, the danger often comes from the things nobody realized were a problem.
One of the biggest changes in cybersecurity right now is the growing focus on identities.

Instead of attacking systems directly, criminals increasingly target usernames and passwords.

Once they gain access to a legitimate account, they can move through a business much more easily because, from the outside, it looks like a normal user logging in.

That can happen surprisingly quickly. In some cases, ransomware attacks have escalated within hours of the initial breach.

The challenge is that modern businesses are complicated. Staff work remotely. Devices move between home and office.

New software gets introduced. Small gaps appear naturally, unless someone is constantly monitoring them.

Even security tools themselves can become blind spots.

You may have protection installed, but if it is misconfigured, outdated, or partially disabled, it creates a false sense of security. Attackers also rely heavily on something known as “living off the land” techniques.

This means using legitimate tools already built into Windows and Microsoft 365 to carry out malicious activity.

Because those tools are commonly used by IT teams every day, suspicious behavior can blend into normal activity more easily.

Artificial intelligence is likely to accelerate this problem.

AI tools can help criminals identify weaknesses faster, automate attacks, and adapt techniques more quickly than before.

But many of the most effective protections are the basics done well.

Strong passwords, multi-factor authentication, regular updates, controlled access permissions, and ongoing staff awareness training remain some of the strongest defenses available.

If you’d like help spotting and closing small security gaps before somebody else finds them, get in touch.

The Employee Who Left Six Months Ago Still Has Access

When someone leaves your company, you probably collect their keys, take back the laptop, and shut off their email. Job done, right?

Not quite.

Over the years, most employees pick up access to more systems than anyone tracks. There’s Microsoft 365, your accounting software, your CRM, cloud storage, payroll, vendor portals, remote access tools, and shared mailboxes.

Then there are the accounts nobody remembers: a Canva login someone set up for marketing, a Facebook page a former employee managed, a Dropbox folder shared with a manager years ago, an app someone connected to their Microsoft 365 account and forgot about.

The employee leaves, their email gets disabled, and everyone assumes their access went with it. It often doesn’t.

What is access creep

Access creep happens when employees pick up new permissions as they change roles, but the old ones never get removed.

Someone starts in customer service, moves to sales, and eventually becomes a manager. Each job change adds new access. Rarely does anyone go back and take the old access away.

After five years, that employee may be able to reach far more of your business than their current job requires. When they leave, all of that access leaves the building with them, at least on paper. In reality, it usually stays right where it was.

Offboarding needs to be a process, not a checklist item

Turning off someone’s email is a start, but it only closes one door. What about the cloud app they logged into with a separate password? The vendor site where their account is still active? The shared password they know? The company social media account they had the keys to?

Offboarding works best when it starts before the employee’s last day.

Someone should know which systems they can reach, which devices they hold, which passwords or codes they know, and whether they have access to any shared accounts.

From there, equipment gets returned, individual accounts get disabled, shared passwords get changed, remote access gets pulled, and email forwarding or delegation gets reviewed.

Don’t forget the accounts your IT provider doesn’t manage directly. Your bookkeeper may have logins for banking or payroll.

A salesperson might hold customer portal credentials. Whoever runs your marketing may control social media accounts, your website, ad platforms, or your email marketing tool. Those accounts need the same attention.

The account nobody is watching is the one that gets hacked

Most former employees have no interest in logging back into your systems. That’s not the real risk. The real risk is that their old account is still sitting there, active and unused. If that account gets compromised months or years later, an attacker may find it still opens the door to your business. Nobody notices, because nobody remembers the account exists. That makes forgotten accounts an easy target.

Don’t wait until someone leaves

Access should match the job. When someone’s role changes, their access should change with it.

A periodic review of who can reach what often turns up old accounts, admin permissions nobody needs anymore, forgotten vendor logins, and software nobody uses. You might be surprised by what’s still active.

Ask yourself this: if you made a list today of everyone who can access your company’s systems and data, could you say for certain that everyone on that list still belongs there?

If your honest answer is “I think so,” it’s worth a closer look.

Give us a call for a no-charge, no-obligation review of your user accounts and access, and we’ll help you build a process that covers employees joining, changing roles, and leaving for good.

Don’t Skip It! Why You Shouldn’t Skip Regular Vulnerability Assessments For Your Company

Cyber threats are a perpetual reality for business owners. Hackers are constantly innovating. They devise new ways to exploit vulnerabilities in computer systems and networks.

For businesses of all sizes, a proactive approach to cybersecurity is essential. One of the most crucial elements of this approach is regular vulnerability assessments. A vulnerability assessment is a systematic process that identifies and prioritizes weaknesses in your IT infrastructure.

Some businesses may be tempted to forego vulnerability assessments. They might think it’s too costly or inconvenient. Small business leaders may also feel it’s just for the “big companies.” But vulnerability assessments are for everyone.

Why vulnerability assessments matter

The internet has become a minefield for businesses. Cybercriminals are constantly on the lookout for vulnerabilities to exploit. Once they do, they typically aim for one or more of the following:

  • Gain unauthorized access to sensitive data
  • Deploy ransomware attacks
  • Disrupt critical operations

Here’s why vulnerability assessments are crucial in this ever-evolving threat landscape:

  • Unseen Weaknesses: Many vulnerabilities remain hidden within complex IT environments.
  • Evolving Threats: Experts discover new vulnerabilities all the time. Regular assessments ensure your systems are up to date.
  • Compliance Requirements: Many industries have regulations mandating regular vulnerability assessments.
  • Proactive Approach vs. Reactive Response: Identifying vulnerabilities proactively allows for timely remediation. This significantly reduces the risk of a costly security breach. A reactive approach is where you only address security issues after an attack.

The high cost of skipping vulnerability assessments

  • Data Breaches – Unidentified vulnerabilities leave your systems exposed.
  • Financial Losses – Data breaches can lead to hefty fines and legal repercussions as well as the cost of data recovery and remediation.
  • Reputational Damage – A security breach can severely damage your company’s reputation. It can erode customer trust and potentially impact future business prospects.
  • Loss of Competitive Advantage – Cyberattacks can cripple your ability to innovate and compete effectively. This can hinder your long-term growth aspirations.

The benefits of regular assessments

  • Improved Security Posture: Vulnerability assessments identify and address vulnerabilities.
  • Enhanced Compliance: Regular assessments help you stay compliant with relevant industry regulations.
  • Peace of Mind: Knowing your network is secure from vulnerabilities gives you peace of mind.
  • Reduced Risk of Costly Breaches: Proactive vulnerability management helps prevent costly data breaches.
  • Improved Decision-Making: Vulnerability assessments provide valuable insights into your security posture.

Vulnerability assessments are not a one-time fix. Your business should conduct them regularly to maintain a robust cybersecurity posture. By proactively identifying and addressing vulnerabilities, you can significantly reduce your risk of cyberattacks.

Top Data Breaches Of 2023: Numbers Hit An All-time High

The battle against cyber threats is an ongoing challenge. Unfortunately, 2023 has proven to be a watershed year for data breaches. Data compromises surged to an all-time high in the U.S.

The last data breach record was set in 2021. That year, 1,862 organizations reported data compromises. Through September of 2023, that number was already over 2,100.

In Q3 of 2023, the top data breaches were:

• HCA Healthcare
• Maximus
• The Freecycle Network
• IBM Consulting
• CareSource
• Duolingo
• Tampa General Hospital
• PH Tech

Let’s look at the main drivers of this increase.

The size of the surge

Data breaches in 2023 have reached unprecedented levels. The scale and frequency of these incidents emphasize the evolving sophistication of cyber threats as well as the challenges organizations face in safeguarding their digital assets.

Healthcare sector under siege

Healthcare organizations are the custodians of highly sensitive patient information. As a result, they’ve become prime targets for cybercriminals and hackers looking to exploit personal information.

Ransomware reigns supreme

Ransomware attacks continue to dominate the cybersecurity landscape. The sophistication of this threat has increased.

Supply chain vulnerabilities exposed

Modern business ecosystems have an interconnected nature. This has made supply chains a focal point for cyberattacks. The compromise of a single entity within the supply chain can have cascading effects.

Emergence of insider threats

The rise of insider threats is adding a layer of complexity to cybersecurity. Organizations must distinguish between legitimate user activities and potential insider threats.

IoT devices as entry points

The proliferation of Internet of Things (IoT) devices has expanded the attack surface. There’s been an uptick in data breaches originating from compromised IoT devices.

Critical infrastructure in the crosshairs

Critical infrastructure has emerged as a prime target for malicious actors seeking to wreak havoc and sow chaos. From power grids and transportation systems to financial institutions and healthcare facilities, the vital systems that underpin modern society have found themselves squarely in the crosshairs of cyber attackers.

The role of nation-state actors

Nation-state actors are entities sponsored or supported by governments to engage in cyber activities, including espionage, sabotage, and other malicious actions, often for political, economic, or strategic purposes.

These actors operate with the resources, capabilities, and backing of a nation-state, allowing them to conduct highly sophisticated and coordinated cyber campaigns.

Nation-state actors are increasingly playing a role in sophisticated cyber campaigns. They use advanced techniques to compromise sensitive data and disrupt operations.

The need for a paradigm shift in cybersecurity

The surge in data breaches underscores the need to rethink cybersecurity strategies.

Collaboration and information sharing

Collaboration among organizations and information sharing within the cybersecurity community are critical. Threat intelligence sharing enables a collective defense against common adversaries.

Cybersecurity Skeletons In Your Business’ Closet

Thomas Fox is president of Tech Experts, southeast Michigan’s leading small business computer support company.

Let’s dive into a topic that might give you the chills – cybersecurity skeletons in your company’s closet.

You may not have old skeletons hidden away in the basement, but there’s a good chance of cybersecurity vulnerabilities lurking in the shadows. Just waiting to wreak havoc.

You can’t fix what you can’t see. It’s time to shine a light on these hidden dangers, so you can take action to protect your business from potential cyber threats.

Here are some of the most common cybersecurity issues faced by small and mid-sized businesses:

Outdated software: The cobweb-covered nightmare

Running outdated software is like inviting hackers to your virtual Halloween party. [Read more…] about Cybersecurity Skeletons In Your Business’ Closet

Zero-Click Malware Is The Latest Cyber Threat

In today’s digital landscape, cybersecurity threats continue to evolve. They pose significant risks to individuals and organizations alike.

One such threat gaining prominence is zero-click malware. This insidious form of malware requires no user interaction. It can silently compromise devices and networks.

One example of this type of attack happened due to a missed call. That’s right, the victim didn’t even have to answer. This infamous WhatsApp breach occurred in 2019, and a zero-day exploit enabled it. The missed call triggered a spyware injection into a resource in the device’s software.

A more recent threat is a new zero-click hack targeting iOS users. This attack initiates when the user receives a message via iMessage. They don’t even need to interact with the message of the malicious code to execute. That code allows a total device takeover.

Understanding zero-click malware

Zero-click malware refers to malicious software that can do a specific thing. It can exploit vulnerabilities in an app or system with no interaction from the user. It is unlike traditional malware that requires users to click on a link or download a file.

The dangers of zero-click malware

Zero-click malware presents a significant threat. This is due to its stealthy nature and ability to bypass security measures. Once it infects a device, it can execute a range of malicious activities including:
• Data theft
• Remote control
• Cryptocurrency mining
• Spyware
• Ransomware
• Turning devices into botnets for launching attacks

This type of malware can affect individuals, businesses, and even critical infrastructure. Attacks can lead to financial losses, data breaches, and reputational damage.

Fighting zero-click malware

To protect against zero-click malware, it is crucial to adopt two things. A proactive and multilayered approach to cybersecurity. Here are some essential strategies to consider:

Keep software up to date

Regularly update software, including operating systems, applications, and security patches. This is vital in preventing zero-click malware attacks. Software updates often contain bug fixes and security enhancements.

Put in place robust endpoint protection

Deploying comprehensive endpoint protection solutions can help detect and block zero-click malware. Use advanced antivirus software, firewalls, and intrusion detection systems.

Use network segmentation

Segment networks into distinct zones. Base these on user roles, device types, or sensitivity levels. This adds an extra layer of protection against zero-click malware.

Educate users

Human error remains a significant factor in successful malware attacks. Educate users about the risks of zero-click malware and promote good cybersecurity practices. This is crucial.

Encourage strong password management. As well as caution when opening email attachments or clicking on unfamiliar links.

Use behavioral analytics and AI

Leverage advanced technologies like behavioral analytics and artificial intelligence. These can help identify anomalous activities that may indicate zero-click malware.

Conduct regular vulnerability assessments

Perform routine vulnerability assessments and penetration testing. This can help identify weaknesses in systems and applications.

Uninstall unneeded applications

The more applications on a device, the more vulnerabilities it has. Many users download apps then rarely use them. Yet they remain on their device, vulnerable to an attack.

Only download apps from official app stores

Be careful where you download apps. You should only download from official app stores. And always keep your apps updated using your device’s app store application.

The Biggest Vulnerabilities Hackers Are Currently Exploiting

Software vulnerabilities are an unfortunate part of working with technology. A developer puts out a software release with millions of lines of code. Then, hackers look for loopholes that allow them to breach a system through that code.

The developer issues a patch to fix the vulnerability. But it’s not long before a new feature update causes more.

It’s like a game of “whack-a-mole” to keep your systems secure.

Without ongoing patch and update management, company networks are vulnerable. And these attacks are completely avoidable.

82% of U.S. cyberattacks in Q1 of 2022 were due to exploiting patchable vulnerabilities.

What new vulnerabilities are lurking in products from Microsoft, Google, Adobe, and others? We’ll go through several. These were recently noted in a warning by the Cybersecurity and Infrastructure Security Agency (CISA). Make sure to patch any of these vulnerabilities in your systems.

Microsoft Vulnerabilities

  • CVE-2012-4969: An Internet Explorer vulnerability that allows the remote execution of code.
  • CVE-2013-1331: This Microsoft Office flaw enables hackers to launch remote attacks.
  • CVE-2012-0151: This Windows vulnerability allows user-assisted attackers to execute remote code.

Google Vulnerabilities

  • CVE-2016-1646 & CVE-2016-518: These Chrome & Chromium engine vulnerabilities both allow attackers to conduct denial of service attacks.

Adobe Vulnerabilities

  • CVE-2009-4324: This is a flaw in Acrobat that allows hackers to execute remote code via a PDF file.
  • CVE-2010-1297: A Flash Player vulnerability that allows remote execution and denial of service attacks. (Flash Player is no longer supported, so you should remove it).

Netgear Vulnerability

  • CVE-2017-6862: This router flaw allows a hacker to execute code remotely.

Patch & Update Regularly!

These are a few of the security vulnerabilities listed on the CISA list. You can see all 36 that were added at https://www.cisa.gov

How do you keep your network safe from these and other vulnerabilities? You should patch and update regularly. Work with a trusted IT professional (like us) to manage your device and software updates. This ensures you don’t have a breach waiting to happen lurking in your network.

Six Technology Tools You Shouldn’t Use Any Longer

One constant about technology is that it changes rapidly. Tools that were once staples, like Internet Explorer and Adobe Flash, age out. New tools replace those that are obsolete. Discontinued technology can leave networks vulnerable to attacks.

While older technology may still run fine on your systems, that doesn’t mean that it’s okay to use. One of the biggest dangers of using outdated technology is that it can lead to a data breach or infection.

Outdated software and hardware no longer receive vital security updates. Updates often patch newly found and exploited system vulnerabilities. No security patches means a device is a sitting duck for a breach.

Approximately one in three data breaches are due to unpatched system vulnerabilities.

Another problem with using discontinued technology is that it can leave you behind. Your business can end up looking like you’re in the stone ages to your customers, and they can lose faith and trust.

Important reasons to keep your technology updated to a supported version are:

• Reduce the risk of a data breach or malware infection
• Meet data privacy compliance requirements
• To keep a good reputation and foster customer trust
• To be competitive in your market
• To mitigate hardware and software compatibility issues
• To enable employee productivity

Older systems are clunky and get in the way of employee productivity. If you keep these older systems in use, it can lead to the loss of good team members due to frustration.

49% of surveyed workers say they would consider leaving their jobs due to poor technology.
Following is a list of outdated technology tools that you should replace as soon as possible. Are any of these still in use on your home computer or within your business?

Internet Explorer

Many moons ago, Internet Explorer (IE) used to be the number one browser in the world. But, over time, Google Chrome and other browsers edged it out. Including its replacement, Microsoft Edge.

Microsoft began phasing out IE with the introduction of Microsoft Edge in 2015. In recent years, fewer applications have been supporting use in IE. The browser lost all support on June 15, 2022.

Adobe Flash

Millions of websites used Adobe Flash in the early 2000s. But other tools can now do the animations and other neat things Flash could do. This made the tool obsolete, and Adobe ended it.

The Adobe Flash Player lost all support, including security updates, as of January 1, 2021. Do you still have this lingering on any of your computers? If so, you should uninstall the browser plugin and any Flash software.

Windows 7 and Earlier

Windows 7 was a very popular operating system, but it’s now gone the way of the dinosaur. Replacements, Windows 10 and Windows 11, are now in widespread use. The Windows 7 OS lost support on January 14, 2020.

While it may still technically run, it’s very vulnerable to hacks. Microsoft Windows OS is also a high-value target for hackers. So, you can be sure they are out there looking for systems still running this obsolete version of Windows.

macOS 10.14 Mojave and Earlier

Because of the cost of iMacs and MacBooks, people tend to hang onto them as long as possible. Once these devices get to a certain point, updates no longer work. This leaves the hardware stuck on an older and non-supported macOS version.

If you are running macOS 10.14 Mojave or earlier, then your OS is no longer supported by Apple, and you need to upgrade.

Oracle 18c Database

If your business uses Oracle databases, then you may want to check your current version. If you are running the Oracle 18C Database, then you are vulnerable. Breaches can easily happen due to unpatched system vulnerabilities.

The Oracle 18C Database lost all support in June of 2021. If you have upgraded, then you’ll want to keep an eye out for another upcoming end-of-support date. Both Oracle 19C and 21C will lose premiere support in April of 2024.

Microsoft SQL Server 2014

Another popular database tool is Microsoft’s SQL. If you are using SQL Server 2014, then mainstream support has already ended. And in July of 2024, all support, including security updates will stop.

This gives you a little more time to upgrade before you’re in danger of not getting security patches. But it is better to upgrade sooner rather than later. This leaves plenty of time for testing and verification of the upgrade.

Get Help Upgrading Your Technology & Reducing Risk

Upgrades can be scary, especially if everything has been running great. You may be afraid that a migration or upgrade will cause issues.

We can help you upgrade your technology smoothly and do thorough testing afterward. Schedule a technology review today.

Why Protecting Your Printers From Cybercrime Is A Must (And Eight Tips For Improving Printer Security)

Printing devices are often overlooked when it comes to security. But the reality is, cybercriminals can hack your printer to get confidential information. Your printer is probably the last piece of computer equipment you thought needed protection from cybercriminals. But the truth is very different.

Attackers actively try to locate the weakest links in security to gain access to and exploit valuable data. And among the weakest links is the printer.

Printers have access to your devices, network, and the Internet. This new open-access functionality makes them an ideal target for cyberattacks.

Unfortunately, many business owners overlook the importance of securing their printers and mainly focus on computers and mobile phones.

Most people still perceive printers as internal devices that serve basic functions. For this very reason, they are an easy target for cybercriminals.

Other than performing unauthorized print jobs, hackers can access confidential information as well as all connected computers and networks all through a printer.

You may also not be aware of the amount of valuable data your printer can store about you – tax files, bank details, financial records, employee information, personal information, etc. All a hacker needs to do is get into the operating system of your printer, and they can collect this sensitive data.

If you’ve just realized the importance of securing your printer, keep reading. This article shares eight tips to help you do just that.

Tip #1. Make Sure Your Printers Are Configured Correctly
Many things can make a printer vulnerable to cyber threats and security breaches. So, you want to get the basics right to ensure the attacks don’t happen to you. To start with, make sure to change the default password on your printer. Since anyone can access a printer remotely, a simple “123456” code won’t suffice.

Second, make sure you’re using your own router to print files remotely. Never connect to “Guest” networks.

Tip #2. Inspect Print Trays Regularly
This one is a no-brainer, but everyone could use it as a reminder. Make sure to check your print trays and get rid of unused pages carrying sensitive information. There’s no easier way to prevent data leaks than this.

Alternatively, you can get a shredder for your office and shred the papers you don’t want anyone to see.

Tip #3. Install Malware and Firmware Updates
Invest time and effort to ensure that your malware and firmware protection are up to date and can handle all types of hacks.

The good news is that many printers come with pre-built malware protection.

HP, for example, installs the HP “SureStart” software in their printers that monitors approaching targets when the printer is on. The software can shut down the device if an attack comes its way. This is a great way to prevent attacks from spreading further within the network.

Tip #4. Limit Access to the Network
Unprotected printers in a network are an extremely easy target for cybercriminals. Sure, businesses and offices require printers to access networks to perform remote prints. But if you can do the job by disabling the network access, make sure you do that.

If not, tweak the printer and network settings to only allow the device to take print jobs from the network you trust. This will help avoid outside interference and security breaches.

Tip #5. Update Your Printers
Updating a printer is equally as important as updating your phone to the latest software. Much in the way iOS developers look for bugs and fix them in a new update, printer manufacturers work toward known device vulnerabilities and update the software for added protection.

Look for printer updates so you can easily overcome known threats to the printer. Ideally, update your printers every quarter to get the most out of the security benefits.

Tip #6. Install a Firewall
If you run an office, chances are you already have a firewall. But in case you missed this requirement, now’s the time to do it.

Using a reliable firewall helps keep printers safe from cybercriminals. Your computers most likely come with pre-built firewalls, and all you need to do is keep them enabled. But there are also specialized firewalls for homes and offices that offer advanced security and make it virtually impossible for anyone to break in.

Tip #7. Encrypt Your Storage
Printers with shared networks can perform distance printing. And when a print job is in transit and travels from a computer to a printer, hackers can intercept the data and exploit it.

To keep this from happening, encrypt your print jobs. Also, make sure the sensitive data on your printer’s hard or internal drive is encrypted as well.

Keep in mind that when you print a document, that file is often stored as an image within the printer and makes it an easy target for hackers. It’s why you should use an encryption tool to protect your data. Luckily, many modern printers have this tool pre-built.

Tip #8. Educate Your Employees
If you work in an office, chances are you aren’t the only person using the printer. Everyone that has access to it needs to be aware of the responsibilities that come with its usage. Make sure to talk to your employees about ways to ensure both the physical and virtual safety of the printers.

Your staff should also be careful when using their mobile devices to print, as smartphones are easier to hack than standard computers. Explain to them what phishing scams are and how they can avoid being the victim.

Finally, make sure it’s clear to them how they can use confidential information in your company.

Whether you use printers in your office or at home, take a moment to see how you can enhance its security before your next printing job.

Which Type of Hacker Is Endangering Your Business Data?

Your data is pivotal to running a successful company. If you don’t have proper security measures in place, hackers can easily steal your data and take you out of business. Cybercriminals might be the biggest threat facing your company. Besides gaining access to your money and accounts, they can also take over critical software, preventing you from collaborating with clients.

Any organization can fall victim to hacking. However, small and medium businesses are particularly at risk. Why?

Too often, their owners don’t always address cybersecurity when launching their company. Sometimes, they even just hire the first IT service provider they see. They also don’t know how to shield themselves from online attackers, making them low-risk targets.

As a result, these organizations often go under due to the loss of sensitive data. It isn’t a risk you can take.

The 5 types of hackers to watch out for

Here’s a quick list of potential hackers, depending on what they’re after:

#1. Hackers Who Are After Personal Information. Many hackers are dying to get their hands on the personal information of your clients and employees. It includes birth dates, financial data, and social security numbers.

Social security numbers might be the most valuable asset they want to get ahold of since cybercriminals can use them for various purposes. For instance, they can perform tax fraud, open credit accounts, and make other significant identity breaches. In addition, financial data can be utilized for fraudulent activities and purchases, especially if it lacks robust digital security systems.

#2. Hackers Who Want to Get Into the Digital Infrastructure. Storage and data servers are expensive – and hackers know that.

In order for them to cut costs, hackers may aim to store their applications and data on your infrastructure instead. The better your infrastructure, the more likely cybercriminals are to target it. This can strain your network to the limits and have devastating effects on your business.

Unsurprisingly, tech companies are some of the most common victims of this type of hacking.

The common indicators that a hacker has tapped into your digital infrastructure include:

  • Running out of storage faster than usual
  • Your network suffers slowdowns
  • You may have unknown devices on your network.

#3. Hackers Who Are After Confidential Information. Few business aspects are as important as your intellectual property (IP). Your products and services enable you to stand out from the competition and strike a chord with the target audience.

A huge problem arises if hackers steal the design of your upcoming product before you launch it or submit your patent. A competitor may obtain the information, allowing them to hit the market first and undercut your sales.

#4. Hackers Who Want to Get Account Data. Sure, you and your IT service provider might have done enough so that hackers might not be able to obtain financial data. But are your employees’ accounts secure?

If hackers compromise them, they may let them run scams and gain information to disrupt your operations.

For example, losing CEO login credentials can be devastating. Besides granting hackers access to sensitive information, it also helps them impersonate the CEO. In return, they can solicit information from employees or clients and halt your operations. This data breach can lead to widespread confusion, tarnishing your reputation.

#5. Hackers Who Aim to Have Network Control. In some cases, hackers aren’t after data. Instead, they want to gain control of the entire network. And to make it happen, they launch ransomware attacks.

These activities enable them to lock you out of the system and make data inaccessible until you pay a ransom. They’re typically initiated through spam, phishing emails, and online ads.

The average ransom amount stands at approximately $30,000, but the loss caused by business disruption is much more significant.