The internet is becoming a particularly dangerous place, containing a wide selection of imperceptible trenches from which people around the globe may ambush your business. Malware (a.k.a. Malicious Software) is a common method of cyber attack, wherein a software specifically designed to disrupt, damage, or gain unauthorized access to a computer system is deployed against another computer system. These kinds of attacks increased by 358% from 2019 to 2020. Furthermore, cyberattacks in all increased by 125% globally through 2021, with evidence suggesting a continued uptick through 2022 (see link below for more stats).
Businesses and individuals are actually not even as frequently affected by malware attacks as they are by phishing. Phishing is where people send you an email, representing a real organization or business, perhaps a well-known one, prompting you to provide personal credentials for something. It is not always blindly self-evident that it is phishing rather than a necessary process for doing business with that company. Once they are provided with your credentials, hackers have the tools needed to escalate attacks. They may even deploy ransomware, which is where they lock you out of your business and you must pay a big sum of money to re-access it. Other methods of cyberattack include password attack, man-in-the-middle attack (a form of spying on communications), and several others we will delve into over the course of these articles.
The cost of recovery from cyberattacks can reach millions of dollars, not including the costs associated with restoration, reputation repair, and possible legal claims. The average recovery time for a business after a cyber attack is 279 days. For many, this is enough to destroy your business, and possibly also your life.
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