Businesses operate in an environment where the threat of cyber-attacks looms larger than ever before. From small startups to global corporations, no organisation is immune to the risks posed by cybercriminals. As technology continues to advance, so do the tactics to exploit vulnerabilities in digital systems. In this blog, we explore the various cyber security threats that businesses face, along with strategies to alleviate these risks effectively.

Hook, line and sinker

Based on findings from the Cyber Security Breaches Survey conducted last year, it was revealed that in 2023, 79% of businesses in the UK reported encountering a phishing attack. For those who may not be familiar with the term, phishing is an online fraudulent scheme wherein perpetrators distribute deceptive communications, typically in the form of emails, with the intention of duping individuals into divulging sensitive information or unwittingly installing malware onto their devices. A key tactic to shield your business from phishing attempts is thorough employee training. Stress the importance of trusting their instincts; if something seems off, prompt reporting is crucial. Even if the email appears harmless, it may be a disguise, report it. After all, it’s better to be safe than sorry!

Beware of malware

Talking of malware, ‘465,501 never-before-seen malware variants were detected last year, an average of 1,279 per day’. Just as human viruses evolve, so do online viruses, so it’s better to have a multi-layered security approach, so your business can build a strong immune system. A wise initial step is to invest in robust antivirus software capable of safeguarding all your business devices, spanning from computers to tablets and mobile devices. Once you have that ticked off, make sure the systems are kept up-to-date, and implement firewalls, to monitor and control incoming and outgoing network traffic. Your employees will rarely have to do this, as your brilliant IT team can do this remotely. And if you don’t have an internal department to support with this, don’t worry! There are plenty of IT support teams ready to assist your business.

Don’t overlook Denial-of-Service (DoS) attacks

Amidst the multitude of threats competing for attention, it’s easy to overlook the significance of Denial-of-Service (DoS) attacks. However, if your business delves into the orbit of the Internet of Things (IoT), where physical objects communicate with internet-connected devices, it’s crucial to pause and take note of this vital information. Let’s break it down: DoS attacks are cyber intruders straining to manipulate a network or machine. Their motives? Anything from stealing data to stirring up chaos. According to the 2023 Sonicwall Cyber Threat Report, there were a soul crushing 112.3 million IoT malware attacks in 2022, up 87%. By using web filtering tools, you can block access to sketchy websites that are notorious for spreading malware. This keeps your team from inadvertently downloading malware while browsing the internet.

By prioritising strong security measures and staying in the loop about new threats, your business can lower its risk and safeguard its most important assets and reputation. This proactive approach keeps operations running smoothly and builds trust, playing a vital role in maintaining Britain’s efficiency in the digital era. Great! Now that you’re aware of the security your business requires, talk to your supplier about exploring the solutions to protect your business data.

Struggling to understand or make progress with your cyber security requirements? No need to fret! Seek assistance from an expert dedicated to ensuring the smooth operation of small businesses….

Struggling to understand or make progress with your cyber security requirements?

No need to fret! Seek assistance from an expert dedicated to ensuring the smooth operation of small businesses…

1–10 employees?

XLN is standing by

XLN can offer expert advice and bespoke support and is already helping vast numbers of UK small businesses thrive.

11–250 employees?

Daisy has got you covered

Daisy Communications is the UK’s largest independent telecoms provider with the expert knowledge your business needs.