6 Reasons Why You Should Invest in Cyber Security

Cyber Attack, Cyber Security, Hackers, Hacking, malware, Ophtek, Password Security, PC Security, Secure Website, Security, Security Threats, , , ,
23
Jul 2019

Cyber-attacks are on the rise, so protecting your business has never been more important. But what exactly are the benefits of cyber security?

We all know about the need for firewalls and anti-virus software. They provide us with a layer of defense from the legions of hackers itching to access our data. Those who are new to the world of IT, however, are unlikely to know why they need cyber security. What can it deliver? Well, let’s run through six reasons why you should invest in cyber security:

  1. Protects Your Data: Businesses work with huge amounts of data in the 21st And, whether its employee or customer data, it’s going to be sensitive. This needs to be protected to prevent identity theft or financial damage. A professional approach to cyber security will reduce this threat and protect the integrity of you data. 
  1. Maintains Productivity: While the headlines regarding cyber-attacks always focus on data and costs, they fail to look at the impact on productivity. If, for example, a ransomware attack hits your network then critical files are going to be out of action. This means that your employees will be unable to work. And the impact that this can have on your organization’s productivity can be devastating. 
  1. Financial Damage: Cyber-attacks can hit a company where it hurts: the bank balance. Ransomware demands are, naturally, the most obvious cause of financial distress, but there are others. A drop in productivity can soon lead to a drop in sales which can significantly impact your revenue streams. And there’s also the chance that irreparable damage could be caused to your hardware resulting in the need for new purchases. 
  1. Protects Your Website: One of the cornerstones of a successful marketing strategy in the 21st century is a website. Whether it’s being used to promote your services or sell them it needs to be running 24/7. It’s a crucial communication channel, but it’s also one that’s regularly targeted by hackers. With the correct level of investment in cyber security you can limit the risk of it being compromised. This keeps your website running and ensures that your marketing strategies can run smoothly. 

  1. Keeps Malware Out: Malicious software, better known as malware, is the bane of all security professionals. Capable of causing massive damage to IT infrastructures, malware is a form of hacking which embraces subterfuge and results in untold problems for the victims. It can steal data, it can slow down systems and even set up attacks on other businesses. But if you invest in cyber security then then the chances of malware activating its payload is reduced. 
  1. Provides Customer Confidence: Consumers are wary of data security more than ever in the digital age. Therefore, inspiring trust in your IT systems is essential. If you can demonstrate that you’re working with professionals to protect your customers’ data then you can inspire this trust. Not only will you be able to protect your customer’s data, but you will enhance their loyalty to your brand.

For more ways to secure and optimize your business technology, contact your local IT professionals.

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Understanding the Basics of Ransomware

Ophtek, Phishing, Ransomware, Secure Database, Secure Flashdrive, Secure Website, Security, Updates, , , , ,
07
May 2019

Ransomware has been causing trouble for businesses for many years, so it’s clearly a form of hacking which needs greater understanding to avoid its wrath.

The name ransomware sounds a little threatening and, as with all hacks, it’s hardly the friendliest of exchanges. However, whilst most forms of malware – which ransomware is a strain of – tend to disrupt day to day operations of your IT equipment by either stealing data or putting a strain on your network through DDoS attacks, ransomware is different. Not only does it disrupt your IT operations, but it also delivers a financial threat to your organization.

Due to the double whammy contained within ransomware, it’s crucial that you understand the basics of ransomware, so let’s take a quick look.

What is Ransomware?

Believe it or not, but the very first recorded ransomware attack dates back to 1989 when a hacker was able to hide the files of an infected PC on its hard drive and encrypt the file names. And, to be honest, modern day ransomware still operates in a similar, if not more sophisticated, manner.

Ransomware is a form of malware which, when executed on a user’s PC, is able to take over the victim’s system and encrypt their files. Naturally, files are essential for any organization to operate efficiently and to their maximum productivity, so this is clearly a very debilitating attack. However, to add insult to injury, the hackers then demand a ransom fee to release a key which can decrypt the files and return them to a usable state.

How is Ransomware Executed?

The most common method employed by hackers to execute ransomware on a user’s PC is through phishing emails. These emails, which appear to be genuine, are highly deceptive methods of communication which convince the recipients that they need to open an attachment bundled with the email. However, these attachments are far from genuine and the most likely result of clicking them is that malicious software such as ransomware will be executed.

How Can You Combat Ransomware?

With the average ransom fee demanded by ransomware totaling around $12,000, it’s clearly an irritation that your organization can do without. Thankfully, there are a number of actions you can take to protect your business:

  • Regularly Backup Your Data: As long as your data is regularly backed up, there should be no need to pay the ransom fee. With a comprehensive backup route in place you will be able to easily retrieve your files from an earlier restore point when they weren’t encrypted. 
  • Work with Anti-Malware Software: Most ransomware can be detected by anti-malware software, so it stands to reason that installing this software should make a significant difference to your defenses. Updating this software as soon as any patches or upgrades become available, of course, should be made a priority as it could make a real difference to falling victim to newly released ransomware. 

For more ways to secure and optimize your business technology, contact your local IT professionals.

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385,000 Online Transactions Hacked at British Airways

British Airways, Hacking, Magecart, Secure Website, Security, Security Threats, , , ,
20
Nov 2018

British Airways recently had 385,000 online transactions hacked due to a code weakness on their payment processing pages. And customers were not happy.

Reputation is important for any organization, so limiting bad news is crucial to ensure that consumers can trust your brand. British Airways, however, have experienced a significant blow to their public image due to a recent hack which ransacked their customers’ confidential data. The attack that took place was an example of cross-site scripting, a method of hacking which may not grab as many headlines as ransomware and malware but is still very dangerous.

Processing online payments is part and parcel of any business with a digital presence these days, so I think it’s important we take a look at what happened to British Airways.

Who Hacked British Airways?

It’s believed that Magecart are the hacking group behind the British Airways hack due to the similar techniques used to execute the attack. Magecart first emerged in early 2016 and was linked to numerous hacks that affected online shops and sought to steal credit card details during online payment processing. Previously, Magecart had targeted third party payment processors rather than payment systems embedded within websites. However, the attack on British Airways demonstrated that Magecart were now developing tailored code to attack their targets’ websites directly.

How Did Magecart Launch Their Attack?

Unlike ransomware and malware, there was no need for Magecart to dispatch an email containing a malicious payload. Instead, they targeted the code of British Airways’ website. By exploiting weaknesses in the website’s code, Magecart were able to ‘inject’ 22 new lines of code into the British Airway’s website. And it was this small amount of code which made the hack so devastating.

Lying silently in the background, this new code would log keystrokes from the payment processing section and, once the victim hit the ‘submit’ button, it would transmit these keystrokes to the attackers’ server. Not only were credit card details compromised, but also a significant amount of sensitive, personal data. To help reduce the chances of being detected, the hackers even loaded their own server with an SSL security certificate to make it appear genuine. Sadly, it was far from genuine. The attack managed to remain undetected for 15 days and, as a result, managed to infiltrate a huge number of online transactions.

The Dangers of Cross-Site Scripting

Combating cross-site scripting attacks is not easy due to the difficulty in spotting previously unknown vulnerabilities contained within website codes. However, progress is always being made and it’s now possible to employ automated tools that can identify when the code behind a website has been changed remotely. Alternatively, disabling scripts on your website is a guaranteed remedy, but that comes with the headache of reduced functionality which could easily eat into your revenue.

Regardless of whether your website’s code is secure or not, the activities of Magecart are proof that hackers are looking for new and cunning ways to breach your defenses. What’s most important is that you monitor all network activity and analyze any activity which is unusual otherwise you could find yourself with a huge number of unhappy customers at your door.

For more ways to secure and optimize your business technology, contact your local IT professionals.

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