5 Signs Your Organization Could Be at Risk of Cyber Attacks  

Organizations are never completely safe from cyber criminals and subsequent attacks. Cyber criminals are constantly changing the way they target organizations through new tactics and mechanisms, which makes it more difficult to reduce and minimize risk. Because of this, organizations must constantly reevaluate the way they protect themselves from cyberattacks.  

Common Cyber Threats Among Organizations  

Cyber risk involves outsiders breaching an organization’s sensitive and confidential data such as customer information, important financial statements and business operations. Cyber risks include malware, ransomware, data leaks, phishing, cyberattacks and insider threats. There are a few common things that increase an organization’s risk at being targeted by cyber criminals.  

Old Operating Systems.  

Operating systems control the hardware and software on computers, which allow organizations to function. Operating systems also contain security features that have to be updated in order to provide the best protection from cyber criminals. When old operating systems are used, it puts sensitive information at risk of exposure. Organizations should update their operating systems every couple of years to make sure the security features are operating effectively.  

Remote Workforce.  

Within the last couple of years, organizations have implemented policies that allow their employees to work remotely. While this has a lot of lasting benefits, it also comes with increased risks. Employees who use their own devices when working from home can put their organizations at risk without realizing. Organizations can’t properly monitor security protections, when an employee accidentally downloads malicious software or if there is important business data that isn’t properly protected. However, organizations can manage the process with adequate training, education and additional security measures.  

Lack of Policies.  

An organization is at an increased risk of falling victim to cybercrime when they don’t have cybersecurity policies put in place. To help protect themselves, many organizations will implement policies such as two-factor authorization, mandatory password changes and continuous education for employees on malicious links and phishing scams.  

Phishing Attacks  

Phishing attacks are fraudulent emails, text messages and phone calls that are specifically designed to trick users into sharing sensitive information or important business related data. Many phishing emails mimic individuals within a person’s organization so it looks like the real thing. An increased number of phishing attacks could result in spreading malware and other unwanted viruses throughout an organization, putting them at risk of exploiting confidential information.  To help reduce this risk, many organizations create their own test emails that mimic real phishing emails to help their staff better identify real-time phishing threats.   

 Changes in Finances 

If your organization deals with a high number of financial transactions, they are at greater risk of cybersecurity attacks than organizations that do not. It’s imperative that organizations check their financial accounts everyday with the sole purpose of looking for strange changes. Organizations should also enroll in transaction monitoring programs that notify them of any changes in their accounts.   

Preparing for Cybersecurity Threats at RiskVersity  

At RiskVersity, we know how difficult keeping up with cyber criminals can be for all organizations. Our team helps organizations find their vulnerabilities and prepare strategies that keep their businesses and employees protected from online risks. To learn more, please contact us.