As the world embraces new technology, cyberattacks continue to grow more sophisticated and dangerous. From self-driving cars to internet-enabled smoke detectors, the growing array of devices and systems connecting to the Internet creates new entry points for attackers. Attackers are also getting smarter. They are using sophisticated tools to target more specific information and more targeted industries.
Cyberattacks can damage the financial standing of businesses, resulting in loss of revenue and profit. They can impact the supply chain, causing attacks that ripple across multiple companies. They can destroy a company’s reputation and impact customer relationships. They can even result in legal action and hefty fines.
While some cyberattacks focus on stealing and releasing trade secrets, other attacks simply disrupt business operations. This can involve tactics like Distributed Denial of Service (DDoS) attacks that attempt to overwhelm systems and networks with traffic. Others can include extortion attacks that coerce victims to pay ransom.
Regardless of industry, all businesses need to take steps to protect themselves from the many cybersecurity threats that exist. They should implement comprehensive security solutions that address endpoint devices; networks; and the cloud. These solutions should also offer advanced detection, automated responses, and cross-environment protection to keep the business running smoothly in the face of today’s evolving threat landscape.
Cyberattacks affect everyone, from individuals whose identities are stolen to the broader society that relies on critical infrastructure. In fact, a single breach can have lasting ramifications that stretch beyond the affected organization or its customers to people’s personal lives and their families.