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Cybercriminals follow industry best practices, does your business?

Cybercriminals follow industry best practices

If cybercriminals follow industry best practices to increase attacks and you don’t, what are your odds at staying safe?

Cybercriminal are usually part of larger groups such as organized crime and are increasingly successful at reaching enterprise and consumers with cyber threats. Since many of them are part organized crime, they are successful because they are “organized”.

As cyber criminals step up their attacks and now follow industry best practices, here are some stats based on 2015 according to Symantec’s Internet Security Threat Report.

  • Zero-day vulnerabilities doubled, 125 percent increase from the year before.
  • 430 million new malware variants were discovered.
  • Large businesses were targeted three more times within the year.
  • Largest data breach resulted in 191 million records leaked in a single incident.
  • Over 429 million personal information identities were exposed.
  • Number of companies that did not report lost records jumped by 85 percent.
  • Crypto-ransomware attacks jumped by 35 percent.
  • Fake technical support scams increased by 200 percent last year.

These stats are very alarming on how cybercriminals continue to refine their process and increase their cyber-attacks on consumers and organizations. With the emergence of new technology, vulnerabilities have grown and become more frequent as they lack important security features. As a business, you should be aware of what information is collected by devices on your network.

Every company is exposed to external attacks and should be proactively managed by your IT department or IT consultant however you also have to manage inside threats including unintentional human error. Every business should have clear IT policies on how to approach and deal with potential data leakages.

Cyber criminals are using industry best practices to attack businesses. Are you protecting your business from organized attacks?

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