Phishing, malware and ransomware are three of the most common types of cyber security threats that businesses face. We hear about them all of the time but what do these terms really mean and how could they impact our businesses?
A phishing attack is termed a social engineering attack that is aimed at stealing user data such as login credentials, credit card numbers, bank information or similar personal data. This type of attack tricks the user into giving this information with a range of tactics including opening an email, clicking a link in an instant message or text message or even calling a number. These attacks can lead to theft of personal data or for businesses, customer and employee data as well as other sensitive information.
Malware is malicious code or a program that allows a hacker to take control of your system or computer. It is a general term that applies to a whole range of programs including spyware, adware, Trojans, viruses, worms and even malicious bots. The aim is to maliciously infect your system and sometimes to try and steal information.
Ransomware is a specific type of malware that has been on the rise in recent times. It infects a system and allows the hacker to ransom it back to the owner. This will mean making a payment to the hacker to get access to the system and there have been many high profile cases of this recently, both of the ransom being paid and not.
All three of these types of cyber threats should be on the list for every business to take steps to combat and to educate staff to reduce the risk of becoming a victim.
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