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Cyber attacks: Stronger, faster and more sophisticated

March 23, 2024 by jaypee

A recent security analysis found some troubling patterns. First and foremost, cyber attacks are becoming faster than ever. Breakout times (the time it takes for a criminal to move within your network after initially gaining access) have decreased dramatically. We’re talking about an average of 62 minutes vs 84 minutes last year.

This is not good news.

These attacks are not only speedier, but they are also growing more prevalent. The research identifies 34 new cyber criminal groups, increasing the total to over 230 groups tracked by the business.

And, guess what? These cybercriminals are not sitting around doing nothing. They’re becoming smarter and more complex. The report emphasizes a new record breakout time of under two minutes and seven seconds. That is hardly enough time to have a coffee, let alone build a defense.

But here’s the real kicker: the human part is rapidly becoming the primary entrance point for cyber attacks.

They will attempt to persuade your employees to click a link in a phishing email, which will direct them to a fraudulent login page. When your employee inputs their actual login information, they have accidentally handed it over.

Alternatively, they pretend to be someone your team trusts. This is known as social engineering.

So, how can you secure your business from these cyber threats?

Educate your employees

Ensure that your staff is up to date on the newest cyber threats and how to identify them. Regular training sessions can help prevent expensive mistakes.

Implement strong password policies

Encourage the use of complicated, random passwords created and remembered using password managers. Multi-factor authentication adds an extra degree of protection.

Keep your systems up-to-date

Make sure all software and systems are up to date with the most recent security fixes. Cybercriminals often exploit known vulnerabilities, so staying updated is critical.

Invest in cybersecurity software

Consider investing in trustworthy cyber security software capable of detecting and mitigating attacks in real time.

Back up your data

Make regular backups of your data and keep them in a secure location. Backups can assist to reduce downtime and data loss in the case of a cyberattack.

When it comes to cyber security, it is preferable to be safe than sorry. If we can help you to stay better prepared, get in touch.

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