New Age Cyber Threat Vectors

Pramod Sharda, CEO of IceWarp Middle East and India, explores how secure communications can provide significant protection against new cyber threat vectors

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The internet and digital revolutions have impacted every industry positively, but not without exposing them to the unprecedented risk of cyberattacks. Threat vectors are growing as hackers discover new methods to exploit people and system vulnerabilities to deliver malicious software and access sensitive data or operating systems. Devising a strategy to combat threat vectors offers the preparedness necessary to achieve Total Threat Protection. To fully assess cyber risk as a business, one must be able to identify their threat vectors and the attack surfaces within them. Threat vectors are essentially the routes that malicious attacks may take to get past your defenses and infect your network. Attackers often make use of social engineering and social networking to gather information and trick users into opening a pathway for launching an attack on a network. Even smartphones, tablets, and other mobile devices can be used as devices to pass malware and other attacks onto the corporate network. Additionally, mobile malware may steal valuable data from mobile devices.

 

Pramod Sharda, IceWarp
Pramod Sharda, IceWarp

One of the most significant changes in the modern cyber landscape is the increased prevalence of ransomware. Over the past couple of years, there has been a substantial surge in ransomware assaults. Ransomware is malware that encrypts data on infected systems and holds it for ransom. Cybercriminals often demand payment in Bitcoin or other forms of cryptocurrency to release the data. This type of attack can be catastrophic for businesses, as critical data can be lost or held for ransom. Another growing threat vector is phishing. Phishing attacks dupe users by using fraudulent emails and websites to lure users into revealing sensitive information such as passwords or credit card numbers. Phishers can also install malware on victim machines. Cybercriminals are getting more sophisticated in their methods, and it is increasingly difficult to tell legitimate emails from fraudulent ones. One of the most common attack vectors is exploiting unpatched vulnerabilities in software.

 

Cybercriminals use these vulnerabilities to install malware on victim machines or gain access to sensitive data. For example, a recent study found that 99% of all successful attacks against Android devices exploited at least one vulnerability that was publicly known but had not been patched. These are just a few examples of the many different threat vectors that businesses must protect themselves against. To secure these threat vectors, think about multiple layers of protection (depth) and integrated best-of-breed solutions that work together seamlessly (breadth). Hackers and cybercriminals are not just aware of these cyber weaknesses but are well-versed in taking advantage of them. Organisations need to reconsider and revamp their cyber security strategies to effectively deal with the rising threat of cybercrime and decrease cyber risk. What frequently starts with an employee clicking on a seemingly benign link can rapidly spiral out of control into something dangerous. 

 

The business landscape has changed dramatically, with new technologies and work-from-home opportunities leading to a rise in cybercrime. Cybercriminals have taken advantage of the new environment by developing innovative methods of stealing data and money. One of the most significant developments in this area is the advent of cryptocurrencies. Cryptocurrencies are digital currencies that use cryptography to secure their transactions and control the creation of new units. This makes them difficult to track, which has made them popular among criminals. Another significant development is the increasing number of work-from-home opportunities. While this has copious benefits, it also creates new IT vulnerabilities. When workers are located remotely, they may be less likely to follow safe computing practices. Cybercriminals have taken advantage of this by launching attacks that exploit the vulnerabilities of remote systems. 

 

Cybercrime has become a serious global issue in the past few years, costing businesses billions of dollars annually. To combat these threats, companies need to invest in proper cybersecurity measures. These include secure communication solutions that protect your data in transit and at rest. Secure communication channels and systems can help you protect your organization from a data breach or a cyberattack. To ensure the security of your communications, you should use a secure enterprise communications platform that protects your messages from interception and tampering. It also ensures that the recipient is who they say they are. Secure messaging platforms are essential for businesses as cybercriminals continually develop new methods of stealing data and money. Therefore, it is vital to have measures to protect your systems from these attacks. Cybersecurity solutions that provide secure communication, email security, and endpoint protection are critical in safeguarding your business against these threats. IceWarp offers a suite of corporate communications solutions to help you achieve this goal. Our solutions provide protection and are integrated; seamlessly working together to provide comprehensive security for your business. 

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