The Top 5 Threats to Your Company’s Data

by   |   January 25, 2018 11:42 am   |   0 Comments

With every new technology you introduce in your company, new security threats emerge. Security threats can be time-consuming, tiresome and expensive to manage. But since they exist, you cannot afford to ignore them. Here are five security threats you should be aware of.

System Vulnerabilities

Vulnerabilities are very common, especially when it comes to cloud security. They may come in the form of exploitable parts of computer programs that enable cybercriminals to gain unauthorized access to your company’s network and steal crucial information. Vulnerabilities existing within your computer’s or mobile devices’ operating systems can put all data and services at a major risk. The problem has been made worse with the introduction of the multi-tenancy storage option in the cloud. This option allows different companies to store information adjacent to each other. They are allowed access to shared resources and memory, making it easier for cybercriminals to attack.

Insider Jobs

Not every employee who smiles at you every morning has good intentions. Some of them could be malicious individuals who are working closely with cybercriminals to have access to your company’s data. Malicious employees could be system administrators, IT experts or any other person who uses the company’s computer system to intentionally reveal sensitive information to attackers. Make sure you have strong password policies and access protocols to prevent such people from leaking potentially sensitive information.

Careless Users

Not all employees are careful when using the company’s computer system. In fact, most of them are careless. They don’t take time to think about what might happen due to their careless actions. Others don’t even know they are careless. Experts say that carelessness is by far the biggest threat to network security. Employees who are careless will most likely download software from unauthorized sources, share their passwords with others, move company’s data to insecure places and do a host of things that endanger the security of the company’s network.

To avoid the possible consequences of carelessness, you need to have a system that has strong authentication and data encryption. Strong anti-malware and security-system software is also necessary for an additional layer of protection. Above all, there must be a strong security protocol put in place to get rid of internal-based threats.

Data Breach

A data breach occurs when an individual gains access to a company’s information and copies, transmits and views it without any authorization. It is one of the most common security threats facing companies. A data breach can potentially harm the reputation of the company and lead to unending legal battles. Not to mention, customers may lose their trust in the company and possibly migrate to work with competitors. You can prevent a data breach by enforcing a strong password policy and using highly effective cybersecurity tools. You must also promote end-user security awareness to train the employees to be more vigilant when using the company’s computer systems.

Mobile Enterprise

With the proliferation of the number of mobile devices, many people prefer to access data from their smartphones and tablets. Mobile-based technology is risky, regardless of whether you give your employees devices purchased by the company or allow them to use their own devices. Most of these devices are used to access the internet from public Wi-Fi networks that are very insecure. Another risk factor is that your employees can easily lose these devices, providing attackers with a good chance to access the company’s network. Make sure you limit the use of mobile devices for crucial company operations. If you have to use them, such as in the case of remote workers, then secure them with a strong anti-malware software. You can also encrypt all communication that come from these devices and control the use of third-party software.

The security of your system can make or break your company. Hence, you have to put in place various mechanisms to ensure that your system is secure. First, you need to become aware of the common security threats, such as system vulnerabilities, data breaches, careless users, mobile enterprises and malicious insiders.

Rick Delgado is a technology commentator and freelance writer.

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