Starting a business isn’t a big deal, but maintaining it in any market can test the skills of any person or company’s top management. That is why businesses need to come up with a strategy that has all the advantages for a successful business in the long run. From everyday tasks to formulating strategies to make the work of any business perfect.
There can be several threats that any company can face, one of which is a security breach to their systems, online servers and websites. Everyone, from large multinationals to small businesses and startups, is vulnerable to these threats. However, there are taut solutions that can keep you safe from such attacks. Read on as we discuss more about security breaches and how to avoid them.
A security breach is an event that results in unauthorized access to networks and computers. This is usually done in order to obtain and access information from that server or a website connected to that server.
This can have serious consequences for any company as the entire data could be corrupted, deleted or copied elsewhere. A person who breaks into a server to conduct an attack on ransomware or obtain sensitive information.
Security breaches are more prevalent over the Internet than they were 10 years ago. And those with malicious intent have more powerful software and tools than in the past.
However, security breaches occur because many websites do not have security features. A security breach and a data breach can be two characteristics. A security breach is nothing more than breaking into any system, and when it comes to data breaches, secure, non-sensitive information is stolen.
Confidential and sensitive data
Compromising a company’s confidential and sensitive data can erode the trust of its customers. A security breach involving credit/debit card data can be catastrophic for everyone, as hackers can take all your money and give you access to other sensitive information like stock details, IDs/passwords from other accounts, etc.
One of the most famous examples of security breaches was Equifax in 2017, which lost the personal information of 145 million US citizens. This includes your name, social security number, and driver’s license.
In 2013, Yahoo! Additionally, more than 3 billion accounts were compromised, resulting in significant losses. Additionally, eBay has suffered similar breaches as many of its customers’ passwords have been exposed to hackers.
Security breaches can also be of many different types. The most common examples are cryptojacking malware, viruses, denial of service attacks, hardware Trojans, and even spam/phishing.
Some readers may wonder how spam and phishing can be a type of security or data breach, so let’s take a recent example where LinkedIn users use a deceptive page as the login screen for a job ad.
LinkedIn Phishing Scam
Microsoft owns LinkedIn, and hackers have used innovative and clever techniques to trick people. They ran deceptive job advertisements, and people who clicked on them were directed to a fake page where they entered their credentials and personal information to apply for a job.
All that information was moved to the hacker’s account and all the information was misused. People living in Seattle, Washington were also tricked into getting a job at Microsoft or another company near the city.
I got a warning on LinkedIn before people started complaining about the incident, but it’s too late. Thousands of people have been tricked into providing their personal information, a huge embarrassment to the professional social media giant, despite no security breaches or data being stolen or compromised from their servers.
How can we avoid security and data breaches?
Here are 5 common types of data breaches, their causes, and what to avoid.
- 1. Exploits attack vulnerabilities in systems, especially if the operating system is outdated and not updated regularly. We all know that Windows 10 needs to be updated regularly, and delaying updates even by a few days can allow hackers to break into your system from vulnerable areas.
- 2. A weak password is also obvious, so anyone who enters the system can easily figure it out. If you choose a strong password, you can store it somewhere. If you are uncomfortable remembering or thinking of too many passwords, you can use a password variant.
- 3. Malware attacks can also compromise hosting servers and computer systems. That’s why it’s always recommended to avoid clicking on links you see in unwanted emails and websites you visit for the first time.
- 4. Drive-by downloads use viruses and malware embedded in downloaded programs, software, or files. It is always safe to use premium antivirus software and to use a trusted website.
- 5. Social engineering is now one of the reasons why so many people are deprived of valuable data. An intruder who calls someone claims to be the bank’s IT representative and wants to set up a PIN or password for online banking. If you provide your current PIN or one-time password, your account will be hacked. Therefore, it is always recommended not to give out your PIN or password to anyone over the phone.
Banks and financial institutions do not ask for this information over the phone and ask customers to come to their offices to change their accounts.
What to do in case of a security breach and how to avoid it
Check out the following information that can save individuals and businesses against growing threats.
Contact your bank and SEC as soon as possible if the violation involves financial information in the Marketing Cloud associated with your account. Change your password periodically and use software to make it strong enough that no one can easily get through. The use of multiple special characters and the combination of uppercase and lowercase alphabets makes it difficult for any software to get through.
Managing your account with a minimum credit line and other options makes it harder for someone to misuse your account. Find a company that can provide reliable dedicated Seattle servers on your web portal. This makes it difficult for hackers or software/bots to break through the defenses provided by the server.
Businesses and individuals must constantly update their systems to stay one step ahead of hackers. However, if you follow the factors mentioned above, your financial accounts and slow websites will remain safe.
What is your online cyberattack experience and what can you recommend to other readers of this blog? If you have any questions or would like to provide valuable feedback here, you are welcome. Please use the comments section below in this regard.