Digitalization has opened a lot of opportunities for everyone to do online shopping, mobile banking, reading news and books, and everything just one click away.
It has been rightly said that everything comes at a price. The more you connect to digital assets the higher the risk of security vulnerabilities for your sensitive and confidential data.
Now the question arises how are companies securing this critical data and combating these traps.
The answer is cybersecurity, so what is cybersecurity?
Cybersecurity is the body of technologies, processes and practise designed to protect networks, computers programs and data from attack, damage or unauthorized access or misuse of authorized asset.
AIM OF CYBERSECURITY
The goal of cybersecurity is to reduce the risk of cyber-attacks and protect organizations and individuals from the intentional and unintentional exploitation of security weaknesses and systems networks and technologies.
TYPES OF CYBERSECURITY THREATS
Some of the threats are :
Malware is harmful software such as spyware, ransomware, viruses and worms. Malware is activated when a user clicks on a malicious link or attachment, which leads to installing dangerous software. Malware, once activated, can:
Block access to key network components (ransomware)
Install additional harmful software
Covertly obtain information by transmitting data from the hard drive (spyware)
Disrupt individual parts, making the system inoperable
2. Denial of Service:
A denial of service (DoS) is a type of cyber attack that floods a computer or network so it can’t respond to requests.
A distributed DoS (DDoS) does the same thing, but the attack originates from a computer network.
3. Man in the Middle:
A man-in-the-middle (MITM) attack occurs when hackers insert themselves into a two-party transaction. After interrupting the traffic, they can filter and steal data.
MITM attacks often occur when a visitor uses an unsecured public Wi-Fi network. Attackers insert themselves between the visitor and the network, and then use malware to install software and use data maliciously.
Phishing attacks use fake communication, such as an email, to trick the receiver into opening it and carrying out the instructions inside, such as providing a credit card number. The goal is to steal sensitive data like credit card and login information or to install malware on the victim’s machine.
5. SQL Injection
A Structured Query Language (SQL) injection is a type of cyber attack that results from inserting malicious code into a server that uses SQL. When infected, the server releases information. Submitting the malicious code can be as simple as entering it into a vulnerable website search box.
6. Social engineering
Social engineering, in the context of computer security, aims to convince a user to disclose secrets such as passwords, card numbers, etc. or grant physical access .
A common scam involves emails sent to accounting and finance department personnel, impersonating their CEO and urgently requesting some action.
Each company is expanding its focus on data protection to encourage user trust.
With the increasing advancements in the digital world, cybersecurity threats will keep getting more complex as hackers learn to adapt to security strategies.
This will increase the widespread requirement of cybersecurity by companies that will be paying more than ever to land highly-skilled cybersecurity professionals in order to secure their vulnerable assets from cyber attacks.
Thank for reading. Hope you like it!