Cybersecurity is a broad and often complex topic for companies to address. With so many products, services, tools, and consultants out there, it can be daunting for small or medium-sized business owners to know where to begin. Here are a few common examples of cyber attacks.
Malware Infections. There are many types of malware that include malicious software that hackers use to bug, steal and control your data and systems through link clicks and attachment downloads.
Business Email Compromise (BEC) is one of the most prevalent data breach claims we see at Coalition. Put simply, a BEC occurs when an employee’s email account is accessed by an attacker. This usually occurs because of lost, stolen, or guessed passwords.
Phishing involves the use of fraudulent emails to steal information or encourage malware downloads.
Funds Transfer Fraud – FTF for short – is a type of fraud in which attackers manage to redirect funds before or during a transfer. This is typically accomplished through social engineering techniques, sometimes stemming from email spoofing or even business email compromise.
Social Engineering is likely the most effective method that attackers use. These kinds of attacks use various techniques to trick human users into taking action. The actions attackers are trying to achieve varies from tricking users into downloading malware to giving up usernames and passwords, and everything in between.
Distributed Denial of Service (DDoS) involves bombarding a business’ server with multiple simultaneous requests to stop it from fulfilling legitimate requests.