Skip to content
CYBERSECURITY BLOGGER

CYBERSECURITY BLOGGER

Your knowledge source

  • Cybersecurity tools
  • Threat Management
  • Compliance
  • Digital Forensics
  • Write for us
    • New Story
    • Post List
  • About us
    • Contact Us
    • Privacy Policy
  • Toggle search form
Traditional SIEM and Next-Gen SIEM Cybersecurity tools
Why do companies need to hire white hat hackers? Compliance
Security as a Service (SECaaS) Threat management
What is HIDS? A guide about the best HIDS tools. Cybersecurity tools
Is your computer secure enough? 4 reasons why cybersecurity is important. Threat management

Top cyber security threats that can damage your company.

Posted on September 8, 2021January 16, 2022 By Felicia

Security breaches are every day in the cyber news, and without proper security controls in place, your company could be the next! Often, employees are the source of security breaches when they don’t follow protocol or educate themselves on best cybersecurity practices. Avoiding internal threats inside companies helps organizations prevent cyber threats from external factors. Cybercriminals try to find vulnerabilities to become threat actors and penetrate companies’ networks due to employees’ ignorance.

Table of Contents

  • Top cyber security threats between 2020 and 2021
    • Phishing scams
    • Ransomware attacks
    • Business Email Compromise (BEC)
    • DDoS attacks.

Top cyber security threats between 2020 and 2021

Phishing scams

On the authority of the FBI, phishing scams were the most common type of cyber-attacks in 2020. It increased from 114,702 incidents in 2019 to 241,342 in 2020, with adjusted losses of over $54 million. Phishing scams are when you receive a message that looks like it’s from a legitimate source to try to get your personal information. It can be sent as an email, a text message, or through social media. Avoid messages from someone you don’t know asking for your username and password or credit card information.

Do not reply or click on any links in the messages.

Ransomware attacks

As claimed by the FBI, ransomware incidents continue to rise, with 2,474 incidents reported in 2020. According to the Coveware report, data exfiltration extortion frequently occurs between Q4 2020 and Q1 2021. The average ransom payment increased 43% from $154,108 in Q4 2020 to $220,298 in Q1 2021. The 70% of ransomware attacks that included a threat to release stolen data in Q4 increased 10% in Q1. The top vectors for attacks included remote desktop protocol compromise, phishing emails, software vulnerability, and vulnerabilities in VPN appliances.

However, a recent report by Coveware informs that median ransomware payment down 40% in Q2 2021. Ransomware is a type of cyber-attacks that locks users out of their system by encrypting files and records on the device. They are typically carried out through email attachments, fake software updates, or malware downloads. The attacker then demands payment to give back access to the hacked device. It can also be delivered via an infected USB drive.

Business Email Compromise (BEC)

According to the FBI, BEC schemes continued to be the costliest in 2020: 19,369 complaints with an adjusted loss of approximately $1.8 billion. BEC is a social engineering and fraud technique where hackers spoof or compromise the employees’ emails through keyloggers or phishing attacks to do fraudulent transfers. Usually, emails belong to someone who has access to the company’s wire transfer information. Many of these attacks are successful because they follow many of the same steps as real business emails.

DDoS attacks.

As believed by the article made by SOC and SIRT team from F5, DDoS attacks increased by 55% between January 2020 and March 2021. Also, they are becoming up more complex, with 54% of incidents using multiple attack vectors. Over the past 15 months, the most significant attack measured 500 Gbps and used no fewer than five different attack vectors.
A DDoS can be directed at a specific website or service on the internet. It can also affect an entire network by targeting its infrastructure like DNS servers or routers that helps to connect to the internet.

Hackers can carry it out by using many compromised devices simultaneously to send traffic to the target website. The cybercriminal sends floods of requests from each device so that the server cannot respond to them. It can also use a botnet consisting of infected devices, all controlled from one central point. This attack causes connection failure and makes it difficult for users to access sites on the internet.

Here, you can learn how to stop and prevent DDoS attacks, and even you can have general knowledge about how to prevent cyber security threats in companies.

Threat management Tags:cyber-crime

Post navigation

Previous Post: What is HIDS? A guide about the best HIDS tools.
Next Post: Why do companies need to hire white hat hackers?

More Related Articles

Threat Intelligence Sharing as an Effective Cyber Security Strategy Threat management
Cyber Threat Hunting for Organizations. Threat management
How do AWS Security Groups work? Threat management
Why do companies need to hire white hat hackers? Compliance
How protect small and medium businesses from cyber threats? Threat management
Security as a Service (SECaaS) Threat management
Log in
How do AWS Security Groups work?
  • Threat management

How do AWS Security Groups work?

By Giusel Gonzalez / January 4, 2022
AWS Security Groups are essential components that help you secure your resources on Amazon Virtual Private Cloud (Amazon VPC). With...
Read More
How protect small and medium businesses from cyber threats?
  • Threat management

How protect small and medium businesses from cyber threats?

By Giusel Gonzalez / December 20, 2021
Cyber security is a massive issue for small and medium-sized businesses, and a lack of knowledge worsens its process. According...
Read More
Top cybersecurity tools to prevent cyber attacks.
  • Cybersecurity tools
  • Threat management

Top cybersecurity tools to prevent cyber attacks.

By Giusel Gonzalez / December 20, 2021
Top cybersecurity tools to prevent cyber attacks in organizations: Free SIEM tools UTMStack UTMStack is a free Next-Gen SIEM and compliance...
Read More
Complete Guide to FISMA Compliance
  • Compliance

Complete Guide to FISMA Compliance

By ricardovb92 / October 2, 2021
Getting compliant can be a complicated process, and while compliance products like UTMStack are a great help, it’s always good...
Read More
Traditional SIEM and Next-Gen SIEM
  • Cybersecurity tools

Traditional SIEM and Next-Gen SIEM

By Divine Goddesses / September 29, 2021
Traditional SIEM vs. Next-Gen SIEM SIEM tools revolutionized the world of computing in 2005 when facilitating IT professionals work in businesses' systems...
Read More
Why do companies need to hire white hat hackers?
  • Compliance
  • Threat management

Why do companies need to hire white hat hackers?

By Delphina Brown / September 29, 2021
Ethical hacking is a perfect ability to help companies keep their assets safe. Hackers white hat use it to detect...
Read More
Top cyber security threats that can damage your company.
  • Threat management

Top cyber security threats that can damage your company.

By Felicia / September 8, 2021
Security breaches are every day in the cyber news, and without proper security controls in place, your company could be...
Read More
What is HIDS? A guide about the best HIDS tools.
  • Cybersecurity tools

What is HIDS? A guide about the best HIDS tools.

By Delphina Brown / September 8, 2021
What is HIDS in Cybersecurity? A  Host-based Intrusion Detection System (HIDS) is software that detects malicious behavior on the host. Also, it...
Read More
Best SIEM tools for 2021, according to their features and prices.
  • Cybersecurity tools

Best SIEM tools for 2021, according to their features and prices.

By Divine Goddesses / September 8, 2021
Before knowing the best SIEM tools for 2021 is necessary to define some basic concepts that clarify the election. What is SIEM?...
Read More
Computer Inventory Management – Tracking Your Hardware and Software
  • Threat management

Computer Inventory Management – Tracking Your Hardware and Software

By ricardovb92 / September 8, 2021
Just a few years ago, most companies had at most a single computer in their inventory. That computer was running...
Read More

Categories

  • Compliance
  • Cybersecurity tools
  • Digital Forensics
  • Threat management
  1. Jessica Ow on Top cybersecurity tools to prevent cyber attacks.

    Excellent article! Thanks

Log in

Copyright © 2023 CYBERSECURITY BLOGGER.

Powered by PressBook Blog WordPress theme