Top 5 Cyber Attack Threats in 2022

Business is more efficient and connected nowadays, thanks to the internet. The Internet also poses numerous threats, such as cyber-attacks and cyber hacking. Unprecedented events, such as the COVID-19 pandemic, have resulted in an increase in the number and severity of cybercrimes in just a few years. These cyberattacks target everyone. Apart from the risk to your brand, cyber-attacks are expensive to your productivity and a huge drain on your bottom line. Fortunately, Amvion Labs’ Managed Security Services can help protect your company from cyber threats. Here are some

 

 

 

 

 

1. Phishing Attacks

Phishing attacks have grown much more sophisticated in recent years, with attackers becoming more convincing in pretending to be legitimate business contacts. There has also been a rise in Business Email Compromise, which involves bad actors using phishing campaigns to steal business email account passwords from high-level executives, and then using these accounts to fraudulently request payments from employees.

 

 

 

 

2. Malware Attacks

These attacks are particularly damaging for small businesses because they can cripple devices, which require expensive repairs or replacements to fix. They can also give attackers a back door to access data, which can put customers and employees at risk. Small businesses are more likely to employ people who use their own devices for work, as it helps to save time and cost. This, however, increases their likelihood of suffering from a malware attack, as personal devices are much more likely to be at risk from malicious downloads.

 

 

 

3. Ransomware:

Ransomware is one of the most common cyber-attacks, hitting thousands of businesses every year. These attacks have only become more common,, as they are one of the most lucrative forms of attacks. Ransomware involves encrypting company data so that it cannot be used or accessed, and then forcing the company to pay a ransom to unlock the data.

 

 

 

 

4. Insider Threats

The final major threat facing small businesses is the insider threat. An insider threat is a risk to an organization that is caused by the actions of employees, former employees, business contractors or associates. These actors can access critical data about your company, and they can case harmful effects through greed or malice, or simply through ignorance and carelessness. To block insider threats, small businesses need to ensure that they have a strong culture of security awareness within their organization. This will help to stop insider threats caused by ignorance, and help employees to spot early on when an attacker has compromised, or is attempting to compromise company data.

Fostering a business-wide cyber security culture with Amvion Labs

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Within the last year, digital transformation has skyrocketed, forcing even traditional businesses to adopt online tools almost overnight. Almost all major corporations around the world chose to work remotely, and many are still using a remote-working or hybrid model today. While digitalization has been a lifesaver for many, it may also increase online risks since security precautions may not have been put in place at the same time. The necessity to have a strong cyber security culture at your workplace has always been critical, but it has gotten even more so since the onset of the healthcare pandemic.

Businesses of all sizes must take precautions to protect themselves as cyber attacks become more common. Don’t underestimate the impact a breach can have on your business and customers, as it can result in severe financial and reputational damage. Cyber attacks, as well as large scale ransomware attacks, usually begin with a simple human error. In other words, since COVID-19 is described as an unstable, fearful, and uncertain environment, cyber security events are more likely to occur.

Amvion Managed Security Services protects your online presence with continuous monitoring, identifies virus attacks as they occur, and recommends immediate fixes.

Here are 2 major security trends ready to disrupt your online presence-

Data Breach

 

Because business data has such high value on the black market, it is still a prime target for hackers. A data breach in your organization will cost your company a lot of money in terms of lost customer loyalty, revenue loss, and a bad brand reputation.

Spyware, ransomware, viruses, and worms are examples of malicious software. When a user clicks on a malicious link or attachment, malware is activated, and dangerous software is installed. This type of malicious software is used by hackers to gain access to personal information, such as names, addresses and credit card numbers. The Advanced persistent threat protection from Amvion Labs, provides APMS (Anti- Phishing, Malware, Spamming Module) that features

    • Phishing complaints reporting system

 

 

    • Anti-Viruses check for web portal infections by crawling through all known paths

 

 

    • AP 24 – Uses phishing feeds on24/7 basis to detect logo spoofing; image processing engine incorporates machine learning; Use of feeds from certificate transparency logs (CTL) for comparison and monitoring of logo misuse.

 

 

    • DNS Hijack Detection via cross checking with 450 odd DNS servers from across the world

 

 

    • Sandbox application to browse customer’s site/sand check if iframe, malware, java drive by can be downloaded to infect the machines of end users of a website or an e-commerce portal

 

 

    • Automated daily scan and report generation

 

 

Dripping Cloud

 

As businesses undergo digital transformation, cloud technology has become widely accepted and adapted to enhance business growth. Cyber-criminals are aware of the growing popularity of cloud technology, and cloud-based threats are evolving on a daily basis.

 

Amvion Labs has a pro-active approach towards cloud –based threats. With Amvion Managed Cloud Security and compliance services we enable security and compliance at infra, network, operating system, application and data level without need to modify the current or planned deployment models and frameworks. We continuously monitor the cloud infrastructure for drift in security and compliance controls and also alert and/or remediate as required.

 

Our 4-phase Approach

 

    • Define

 

    • Set-up

 

    • Apply

 

    • Continuous Monitoring

 

 

Our cyber security services help organizations strengthen good cyber practices and reinforce their cyber security culture.