Feb
22

Cyber Security Threats to Personal and Business Users

When it comes to cybersecurity for the individual or business owner, the sad truth is that there is, and always has been, a precarious environment of danger and risk out there. Here is a list of the biggest or most well-known dangers for private users and businesses:

Security Threats to Personal Users


  • Malicious software or malware, in general: Traditional computer viruses, Trojans or Trojan Horse programs (look like one thing, actually do another), and worms (software capable of reproducing itself so that it can spread from one computer to the next over a network), plus things like spyware, adware, and key-loggers (which can record your strokes on the keyboard, or mouse movements) are all examples.
  • Ransomware: A specialised breed of malware that can immobilise complete systems by encrypting all the information on them, so that the owner can’t understand or access it. Victims are extorted for money (usually in the form of Bitcoin or some other cryptocurrency), for the keys to unlock their devices. The likes of WannaCry and Petya have wreaked havoc and made considerable sums for the criminals distributing them.
  • Crypto-jacking software: Programs hidden inside otherwise legitimate software or websites that hijack a user’s or visitor’s system resources to mine for cryptocurrencies.
  • Phishing and social engineering: Bogus messages (email, SMS, false advertising, or voice calls) aimed at getting victims to divulge useful information, or at leading them to download malicious file attachments or visit web sites booby-trapped with malware.
  • Identity theft: Gathering of personal and business information (from browsing activity, social media, company profiles, etc.) that enables cyber criminals to impersonate victims, or sell their digital identities on to third parties.
  • Information leaks: Exposure of personal, financial, and other sensitive data due to hacks, security breaches, mobile apps with links to third parties, or indiscreet practices online.


Security Threats to Businesses

Business organisations are composed of individual people, so of course all of the above security threats apply to businesses as well. But in addition to the personal threats, there are other more institutional cyber security risks that businesses have to consider. These include:

  • Infiltration of corporate networks: This may occur through direct action (such as successful attempts at password breaking) or indirectly (e.g. using spyware slipped to an employee through a phishing email).
  • Corruption of corporate data: If hackers gain access to corporate information, in some cases they can insert their own data as acts of sabotage or market manipulation.
  • Theft of intellectual property or copyright infringement: Secret projects, hot new products, or top-selling existing material that can be pirated for profit or claimed as someone else’s are all vulnerable, here.
  • Leakage of company credentials: Often as a result of workers using office email and other credentials on public sites like social media, which are then hacked.
  • Denial of Service (DoS) and Distributed Denial of Service (DDoS) attacks: Organised assaults against online services, networks, and web applications that clog the system so that users can’t get through.
  • System hijacking: In extreme cases (or as the final pay-off for sustained attacks known as APTs or advanced persistent threats), individual systems or entire networks may fall under the control of cyber criminals.
  • Insider threats: Often overlooked as a possibility until it’s too late, the work of disgruntled former employees or dissatisfied current ones can lead to mistakes or deliberate attempts at sabotage that give the upper hand to cyber criminals.

Some Final Thoughts

So, what is cyber security, and what does it involve? All of the above, plus techniques and tools to bolster your security stance and provide protection against known and unknown threats. In the future I may write more about this topic. Until then, I wish you a good time - stay safe.

Kind regards, Andreas 


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