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Why is it crucial for businesses to prioritise their cyber security?

Updated: Jun 29

What is cyber security?

Cybersecurity is a range of measures to handle cyber threats on our everyday electronic devices and online platforms. With technology become more advanced, it is essential to prevent attacks like information breaches, identity theft, and financial fraud.

The main function of cybersecurity is to safeguard the various devices we use, for example: smartphones, laptops, tablets, and computers. As well as the online and workplace services we utilize from theft or harm. Furthermore, cyber security also involves preventing unauthorized entry to the large amounts of personal data we store on devices and on the internet.

A cyber attack could happen to anyone.

Cyber attacks do not discriminate. The company size, location or industry does not matter - anyone is prone to a cyber attack. It is absolutely vital to understand the importance of a strong cyber security strategy.

Smartphones, computers and the internet are major components of our daily lives, particularly in the work place. With cyber threats constantly evolving, it is crucial that businesses treat this as a constant priority otherwise they risk of being attacked or unprepared in handling a security breach.

Types of cyber attacks:

1. Malware is malicious software that causes damage to computer systems

2. Phishing is a tactic designed to manipulate users into sharing confidential information through social engineering techniques.

3. Spoofing involves disguising communication or information to trick users into believing they are interacting with someone trustworthy.

4. Denial of Service (DoS) and Distributed Denial of Service (DDoS) Attacks aim to disrupt operations by overwhelming a system or network's resources.

5. Insider Threats refer to individuals within a company, such as employees or contractors, who may misuse their access and privileges to intentionally or unintentionally harm the organization.

6. Man-in-the-Middle (MiTM) Attacks involve intercepting or changing communications between two parties to steal confidential information, like credentials.

7. Code Injection Attacks is inserting malicious code into software or web applications.

8. Supply Chain Attacks target third-party vendors or partners to compromise their products or services.

9. DNS Tunneling utilizes DNS requests and responses to bypass network security measures and evade detection, often for command and control purposes or data exfiltration.

10. Brute-force Attacks involve using a list of common or leaked passwords to gain unauthorized access to accounts, by implementing techniques like password spraying or credential stuffing.

A cyber-attack could devastate your business. Leaving your cyber security unattended could lead to reputational damage, financial loss and data loss.

Is your business in a vulnerable position and lacking in a strong cyber security plan? Xirco provides industry-leading cyber security solutions that will help you stay protected and prepared for any cyber threat.


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