Organizations Be Aware! Top 5 Cyber Security Threats Of 2024!
Protect Your Organization from Cyber Security Threats – Take a Free Cyber Security Risk Assessment Today!
How Cyber Security Threats Can Devastate Your Organization: Consequences You Need to Know!
When it comes to cyber security attacks, the consequences can be severe for organizations of any size. From financial losses to loss of sensitive information, reputational damage and even legal ramifications, the fallout can be significant.
As technology continues to advance, organizations are becoming increasingly reliant on it to run their businesses. However, with this dependence comes the risk of cyber threats which can be overwhelming for organizations. The fear of cyber attacks, data loss and identity theft is very real and can result in downtime, high IT expenses and slow networks. In addition, many organizations feel isolated and unsure of where to turn to for help. With the rise of new cyber security threats in 2024, it is more important than ever for organizations to take proactive measures to protect their systems and data.
Our Top 5 Cyber Security Threats of 2024
Ransomware: Ransomware is a type of malware that encrypts a victim’s files. Cybercriminals then demand payment in exchange for the decryption key.
According to recent statistics [3], ransomware attacks are on the rise and are often caused by phishing emails, lack of training and weak passwords. In 2022, the average cost of a ransom payment was $170,404 and the sectors most targeted were healthcare, finance and manufacturing. Backups are often targeted, with some attackers using double extortion tactics to demand payment for both the decryption key and the deletion of stolen data.
*AulTECH’s Endpoint Detection and Response (EDR) products help protect against ransomware attacks by detecting and preventing the malware from infecting your system.
Phishing Attacks: Phishing attacks trick individuals into sharing sensitive information, such as login credentials or credit card numbers.
In 2021, over 323,972 internet users fell victim to phishing attacks [1], with half of those users suffering a data breach as a result. Phishing attacks are often used to steal sensitive information such as login credentials or credit card details. Cybercriminals use social engineering tactics and fake websites to trick users into providing their personal information.
*AulTECH helps guard our clients against phishing attacks by implementing regular employee training, anti-phishing software, firewalls and filters, monitoring user behavior, and implementing multi-factor authentication.
Data Breaches: Data breaches occur when cybercriminals gain unauthorized access to computer systems or networks and steal personal and financial data.
In 2021 alone, there were over 1,767 publicly disclosed (a small % of the actual) data breaches [2]. These breaches can result in severe consequences such as reputational damage, legal fines and loss of customer trust.
*AulTECH’s Security Monitoring products help identify data breaches early by detecting threat actors as they work.
Mobile Attacks: Mobile devices are increasingly being targeted by cybercriminals.
As more people use mobile devices in the workplace, cybercriminals have shifted their focus to targeting these devices. Mobile attacks can take many forms, such as malware, phishing or fake apps. In 2022, the number of mobile malware attacks increased by 50% compared to the previous year.
*AulTECH’s Endpoint Detection and Response (EDR) alongside Mobile Device Management (MDM) products help protect against mobile attacks by detecting and preventing fraudulent app installs and clicks.
Cloud Infrastructure: As more organizations move their infrastructure to the Cloud, cybercriminals are targeting these mission critical assets more and more.
In 2022, there was a 630% increase in attacks on Cloud infrastructure [2]. These attacks can result in data theft, data destruction and service disruption.
*AulTECH’s Security, Detection and Response products help protect against Cloud infrastructure attacks by detecting and blocking threat actors in their tracks.
Sources:
Deep Instinct, Surfshark, IBM, World Economic Forum, ConnectWise, Statista, Gartner, Bulletproof, Kaspersky, Atlassian, BitSight, Verizon, NCSI, UK government, Pakistan Federal Investigation Agency, CERT-IN, Statistics Canada, Cyber Edge, Savvy, Optus, Credit Suisse, Imperva, Deloitte, EFCC, Bloomberg UK, JBS, BBC, Uber, Nvidia, Bloomberg, ZDNet, CPS, NCSC, National Fraud Intelligence Bureau, Action Fraud, Crowe, Microsoft, Sophos, Business Today, Commercial Crime Investigation Department (Malaysia), Indian Cyber Crime Coordination Centre, Nepal Police Cyber Bureau, Meta, OSAC, ZM-CIRT, GCI, Reuters, IC3, Canadian Anti-Fraud Centre, Valimail, Cybersecurity Ventures, Juniper Research, F5 Labs, SRA, Future Crime Research Foundation
Protect Your Organization: Get a Free Cyber Security Risk Assessment Today!
In today’s digitally connected world, cyber security threats are a growing concern for organizations.
By staying informed about the latest threats, you can take proactive measures to protect your organization’s sensitive data and safeguard your reputation. Our free cyber security risk assessment will help you identify potential vulnerabilities and get you started on your way to developing a comprehensive cyber security plan tailored to your unique needs.
Empowering Your Organization with Tailored IT Solutions and Strategic Implementation.
At AulTECH, we know that managing sensitive data, ensuring compliance and maintaining secure and reliable IT systems can be a daunting task. We understand the challenges you face when balancing technology with your organization’s mission, especially on a limited budget. That’s why we’re here to be your trusted ally in this journey. Our team of experts offer tailored solutions (We don’t do Band Aid Solutions!) and strategic guidance to help you make informed decisions about your technology investments.
With our help, you can focus on achieving your organization’s vision without worrying about the IT burden. We are committed to establishing a feeling of safety, security and peace of mind for our clients.
Testimonials
Essential and critical to our company and our growth. We would certainly recommend Aultech.
Albert Grin
Saved us from losing our accounting programs, files and photo’s on more than one occasion.
Pat
Responds very quickly. Helped guide our IT strategy ensuring we are operating with efficiency, safety, and security.
Andrew Fagan
Protect Your Organization from Cyber Security Threats – Take Your Free Cyber Security Risk Assessment Today and Secure Your Peace of Mind!
It’s essential to stay informed about the latest cyber security threats and take proactive measures to protect your organization.
For a limited time, we’re offering a free cyber security risk assessment to help you identify potential vulnerabilities and get you started on your way to developing a comprehensive cyber security plan.
Benefits of a Strong Cyber Security Posture:
- Reduced risk of financial losses due to cyber attacks.
- Protection of sensitive information from unauthorized access or theft.
- Safeguarding your organization’s reputation and maintaining trust with clients and partners.
- Compliance with legal and regulatory requirements, avoiding potential penalties or lawsuits.
- Enhanced peace of mind for your team and stakeholders knowing that your organization’s cyber security posture is strong and secure.
Don’t miss out on this opportunity to secure your peace of mind and protect your organization from cyber threats.
Take your free cyber security risk assessment today!
