Common Types of Cyber Attacks and How to Protect Against Them

close up of motherboard with lock on it, symbolizing protection from cyber attacks

Technology has simplified our lives in many ways. From shopping to banking, the majority of our daily activities now take place online. But with this convenience comes an increased risk for cyber attacks against businesses, and a need for IT security services. Cyber attacks can range from ransomware (malicious software that holds data hostage until a payment is made) to phishing emails—all of which are used in attempts to steal confidential information for profit. 

Recent reports show that there has been a significant increase in cyber attacks over the past few years, making it more important than ever for businesses to protect themselves against these threats. Here are some of the most common types of cyber attacks affecting businesses today:

Ransomware

Ransomware continues to be one of the most dangerous forms of attack—with nearly 4,000 ransomware attacks happening every day. It works by encrypting a user’s data, making it impossible to access without paying the ransom. Cyber criminals then demand money for a decryption key that unlocks the data.

Phishing Emails

Phishing emails are designed to gain access to confidential information such as passwords and credit card numbers. The emails usually contain malicious links or attachments that can install malware on your computer when clicked on. 

These attacks often mimic legitimate emails from banks, government agencies, or companies you may do business with; they will often look almost exactly like what you would expect from these entities—which is why they are highly successful at tricking users into installing malicious software. Implementing email security measures will help you to prevent falling victim to these scams.

Password Compromise

Password compromise attacks involve cyber criminals using stolen passwords to gain access to user accounts or networks. They often use automated methods such as brute force or dictionary attacks, which try to guess your password by trying out thousands of combinations in a short amount of time. Once the hacker has accessed your account, they can view and manipulate confidential information and data.

Data Breaches

Data breaches occur when hackers gain access to a company’s sensitive information, such as credit card numbers and personal details. These types of attacks can be incredibly damaging for companies, with the average cost of a single breach estimated at $9.44 million USD.

Malware

Malware is a type of malicious software that is designed to gain access to confidential data or take control over a computer system. Malware can be installed through email attachments or by visiting certain websites, and it often includes spyware, ransomware, Trojans, worms, and other viral attacks.

Protecting Against Cyber Attacks

The best way to protect against these threats is to have a comprehensive cybersecurity plan in place. This should include:  

  • Hiring a professional IT company to assess your network security
  • Keeping all of your computer systems up-to-date with the latest security patches and updates
  • Implementing strong passwords for all computers and accounts
  • Educating employees on cyber security best practices. 
  • Investing in anti-malware software is also essential in helping protect your business from cyber threats.

Let Galaxy IT Be Your All-Pro Defense 

At Galaxy IT, we understand the importance of protecting your business against cyber attacks. Our team of experienced IT services professionals can help protect your systems and provide you with the peace of mind that comes with knowing your data is secure. Contact us today to learn more about our cybersecurity services and how we can help keep your business safe from cyber attacks!