ARTICLES — October 18, 2021

Things That Make Your Business An Easy Cybercrime Target

Easy Cybercrime Target

Cybercrime is in its prime. According to McAfee's report, global losses from cybercrime now total over $1 trillion. It’s an increase of over 50% from 2018. Cyber attacks such as ransomware, malware, virus, put personal and financial data as a target, especially for small and medium businesses.

Here are some conditions that make it easy for cyber criminals to target your business:

Insufficient Employee Training

The first key reason cybercriminals target your business is the lack of employee training. The employee is the easy target and biggest threat to the security of your company. The cybercriminals can appear as an official message, then the employees open and download that malicious malware into your network. Another thing, cyber criminals often use the browser as trojan horses to break into your company's security, such as online polls, quizzes, or ads. Make sure you have adequate employees to be aware of the risk in browsing and downloading items from the internet.

Unsecured Devices

If you think your business is too small to target and choose to put security protocols away, you are wrong. Employees often use company computers to surf on the web without proper firewalls to ensure the security of your network. Another thing is, many companies allow employees to access the company’s network using their own devices, such as smartphones, laptops, and PCs. These personal devices are shortcuts for hackers to make their way onto your network.

Limited IT Resources

If your company doesn’t have the resources to employ robust IT teams, you need to be prepared. Many businesses just rely on a few people to run the entire IT department. IT services, such as IoT Sphere can help your business maintain vigilance through monitoring data streams and identifying weaknesses before they become a big hole. Investing in a strong IT security solution can help you focus on protecting your vulnerable areas automatically.

Lack of Security

Lack of security is one of the main reasons why cyber criminals love to target your business. This makes it easier for them if you don’t invest to maintain security protocols. The investment is worth the money because the cost of utilizing security protocols and anti-virus software is lower than the loss you will incur from data theft. For example, one cyber attack can cost companies $200.000 on average. Investing in the proper security measures will protect you from bigger financial and customer trust losses.

In terms of cyber crime taking advantage from the lack of security and targeting unsecured devices, IoT Sphere is providing the company with a smart solution. Such as zero-days attack protection and device agnostic with end-to-end security services. Those features also come with a simple GUI and faster configuration management.

Another thing is this security service also supports end device protection. Overall, this will significantly reduce the number of cybercrime occurrences. So, remember cyber attacks can come from anywhere. Be prepared and ensure the protection of your business network with Telkomsel IoT Sphere. Learn more here.

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