Increased Connectivity Means More Cyber Risks

Why Increased Connectivity Means More Cyber Risks
Why Increased Connectivity Means More Cyber Risks

Why Increased Connectivity Means More Cyber Risks

In an increasingly connected world, it’s only natural that there will also be a significant increase in cyber risks. With each day that passes, we get more and more reliant on social media and messaging platforms for both social and professional functions. And our smartphones are not the only smart devices that are taking over our lives. Today, an estimated 10.07 billion connected or smart devices are in use across the planet. And by the end of the decade, Statista expects this to rise to 25.44 billion devices. And while this will greatly improve how people across the world communicate with each other, there is also the increased risk of cyberthreats.

Why Increased Connectivity Means More Cyber Risks

The Connected Planet

Today, platforms like Facebook and LinkedIn have become part and parcel of life and business. The 2020 lockdown orders which forced people to stay at home across the country further increased our reliance not just on social media, but other connected technologies.

For modern and digitizing enterprises, it’s become crucial to have an IT support staff that can facilitate the creation and development of safe, connected, and streamlined platforms for online work.

This rapid rise in connectivity is even more apparent in the latest industrial smart tech applications.

Today, connected technologies are revolutionizing operations across the global supply chain. Verizon Connect details how modern cargo fleets are increasingly utilizing vehicle-to-vehicle (V2V) and other smart technologies to address pain points and streamline productivity.

Through wireless protocols similar to Wi-Fi, the wealth of data from V2V technologies is now being leveraged to improve a host of smart logistics tech.

This includes semi-autonomous fleets, smart fuel optimization systems, and vehicle-to-network (V2N) technology, which expands V2V applications to include traffic systems and other transport infrastructure.

Why Increased Connectivity Means More Cyber Risks

The Risks of Global Connectivity

While these advances in connectivity certainly make our lives easier, they also exponentially increase cyber risks. Every new digital connection enabled by any of the above-mentioned technologies could be leveraged by hackers in an attempt to take money from your bank account, compromise your organization’s network, or use stolen data to take down the systems of large government or corporate entities.

While V2N technologies are enabling the creation of efficient and intelligent transport systems (ITS), they’re also exposing global logistics to potential distributed denial-of-service (DDoS) attacks – a strategy in which hackers overwhelm a system with more actions than it can process.

DDoS attacks can be particularly effective at not only shutting down but controlling the world’s emerging ITS. Cybersecurity firm Trend Micro Incorporated estimates that over 125 million vehicles with V2N connectivity will ship across the world from 2018 to 2022. This is creating an increasingly complex ecosystem of connected devices – each of which is a potential vulnerability for hackers to exploit.

With the arrival and continued evolution of 5G, there will be exponential increases in both connectivity and cyber risks. These developments can already be observed in the cargo fleets and logistics systems that run the global supply chain – on which food, health, retail, and other major global industries depend.

Why Increased Connectivity Means More Cyber Risks

The Modern Hacker

This underscores a crucial aspect of examining and responding to cyber risks. Every smart object or device has the potential to become the perfect tool for persistent hackers. In fact, even basic cybersecurity protocols designed to reduce connectivity risks can be leveraged for attacks.

Business software integration company SolarWinds learned this the hard way when its network, which was built to create and protect the networks of other enterprises, was used to hack its clients. The attack happened on the tail end of 2020.

Malicious code was disguised as a regular software update from SolarWinds. As any IT support staff can attest to, making sure that your software is constantly updated significantly decreases cyber risks. In this case, however, the exact opposite occurred.

Before the attack was discovered and ended, large amounts of sensitive data had already been stolen from every company diligent enough to quickly update their SolarWinds software.

Following the combined and months-long investigations of private and government entities, Deputy National Security Advisor Anne Neuberger said that “9 federal agencies and about 100 private sector companies were compromised,” including several national U.S. departments such as the Treasury, Commerce, Energy, State, and even Homeland Security.

Alarmingly, it also pierced the defenses of several tech giants and Fortune 500 companies, including Intel, Cisco, Nvidia, and VMWare.

Why Increased Connectivity Means More Cyber Risks

Final Thoughts

The SolarWinds attack was ultimately traced back to a criminal group originating in Russia, according to the FBI. According to Microsoft, the same group may have struck again. The software giant identifies the attacker as an entity called “Nobelium.” After examining patterns of attack and entryways which again were traced back to connected technology, Microsoft says that Nobelium’s more recent attacks were focused on gathering intelligence from 3,000 individuals and 150 companies. 

Alongside malicious updates, the attacks now include customized emails and diplomatic invitations for each target – all of which are involved in a variety of international development, human rights, and humanitarian work in 24 different countries. Microsoft explains that “when coupled with the attack on SolarWinds, it’s clear that part of Nobelium’s playbook is to gain access to trusted technology providers and infect their customers.”

With stellar connectivity comes greater risk. In an increasingly connected world, there is an even more pressing need to focus on reducing cyber risks and strengthening IT security. This is as true for technology providers and enterprises as it is for individuals who go online on a daily basis. While defending networks is a task that’s best left to the experts, in the age of exponentially increasing connectivity, managing the cyber risk is everyone’s job.

At DataGroup Technologies, Inc. (DTI), we offer a wide variety of cybersecurity services to help protect your business from cyberthreats, including security risk assessments, email security solutions, web and DNS filtering, next-generation firewalls, network security monitoring, operating system and application security patches, antivirus software, and security awareness training. If you’re interested in learning more about your cybersecurity services, please call 252.329.1382 today or contact us here.

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This article was written exclusively for dtinetworks.com by Alicia Rupert.

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7 Steps to Securing Your Business Website

7 Steps to Securing Your Business Website
8 Tips for Strengthening Your Cybersecurity

7 Steps To Securing Your Business Website

by Cody McBride

Maybe you’re getting ready to launch your small business website, but you’re concerned that your site will be vulnerable to cyberattacks. Or perhaps your website has been live for some time now, but your company’s data was recently compromised by a hacker, and you want to avoid dealing with the same situation in the future.

If you’re concerned about whether or not your company’s website is truly secure, the best first step is to consult with a trusted IT service provider. But even with support from IT experts, understanding a few basic cybersecurity principles is crucial if you’re operating your business in the digital space. Here are a few strategies that small business owners can apply in order to keep their websites secure.

7 Steps to Securing Your Business Website

Hire Expert Support

 If you’re new to the world of cybersecurity, you may not know where to begin when it comes to keeping your website safe from hackers and cyberattacks. But you don’t have to figure it all out on your own through trial and error. For instance, if you’re developing custom applications for internal use that will be integrated with your website, you can hire a software developer who can install appropriate security protections. In addition, you can work with a cybersecurity expert if you need further guidance.

You can even keep security at the forefront when you start developing your website. By hiring a WordPress developer with a proven background in cybersecurity, you can rest assured that your website will include features specifically intended to protect your company and your customers. If you’re not sure what to look for when hiring a developer, you can check out their portfolio and case studies from their work with previous clients.

Business Email Compromise Attacks – Managed IT Services vs. In-House IT Specialists

Educate Your Team

 Chances are, you’re not the only person at your company who accesses your website from the backend. If your employees also have access to internal functions for your website, you will need to spend some time educating them on cybersecurity. Virtu recommends implementing and enforcing a strong password policy that requires employees to create long, complex passwords and change them every three months. You can also task a web administrator with creating strict access policies for different functions and train your employees to recognize phishing attempts. And should you ever update the security protections for your website with the help of an IT support provider, hold an additional training session with your employees to make sure they’re in the know.

Are You Protected Against Business Email Compromise Attacks?

Install SSL

 If you’re unfamiliar with Secure Sockets Layer (SSL) certificates, it’s important to learn a bit more about why your website needs this certification. Sucuri states that setting up an SSL certificate enables your website to use an HTTPS protocol for secure information transfers. This ensures that data like credit card information and other personally identifiable information from contact forms stays protected. If your website lacks this certification, you cannot guarantee to your customers that you are making every effort to keep their information safe. You can add an SSL certification to your website simply by seeking out a hosting service that offers this option for free.

7 Steps to Securing Your Business Website

Use Anti-Malware Software

 By installing anti-malware software for your website, you can protect your business from viruses. Today, it’s all too easy to accidentally download malware, and doing so can cause all kinds of problems for your company. You might get locked out of your website or expose your customers to security risks. You can research different versions of anti-malware software and find an option that suits your needs and budget.

Business Email Compromise Attacks – Managed IT Services vs. In-House IT Specialists

Run Software Updates

 When your hosting provider prompts you to update your software, you do not want to push this task to the backburner. Outdated software may have lackluster security protections. On the other hand, newer software will likely include features that make it easier to secure your website. Furthermore, updating your software will give you access to new functions that enable you to modernize your website and run it efficiently. Perhaps you’ve been putting off a software update for a while, but it’s a good idea to take care of this as soon as you have the chance.

Are You Protected Against Business Email Compromise Attacks?

Back Up Your Data

 If your website is compromised, your data could be corrupted or even erased. This would be a frustrating situation for any small business owner. But since no cybersecurity protections can completely prevent attacks, it’s a good idea to back up your website’s data, just in case. You may be able to do this by using a cloud solution or by storing your data with hardware. Should a hacker ever gain access to your website, you can at least rest assured that you will not lose access to your own data, and you will be able to get your website back up and running.

7 Steps to Securing Your Business Website

Be Aware of Scams

Unfortunately, it’s quite common for hackers to run scams targeted at business websites. And even people who are relatively tech-savvy can easily fall victim to these scams. That’s why it’s important to read up on common scams that are aimed at business websites and talk to your employees about the tactics that these scammers use. For example, if you ever get an email claiming that it is allegedly from your web hosting provider that contains a link, double-check the email address and consider calling your provider to confirm that they sent it to you. Otherwise, clicking the link could enable a hacker to gain access to your website.

Today, the internet makes it easier than ever to run your own business – but this low barrier to entry has also introduced new risks, like dealing with cybersecurity threats. However, your website does not have to be susceptible to cyberattacks. With these tips, you’ll be able to ensure the safety of your business website and keep your data private.

8 Tips for Strengthening Your Cybersecurity

Final Thoughts

Interested in learning more about DataGroup Technologies’ IT services? We’re here for you! Find out how choosing us as your IT partner will provide the support you need to gain a competitive edge in your industry. Reach out to us at 252.329.1382 today or drop us a line here to schedule a quick 15-minute discovery call with our team.

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Guest blogger Cody McBride’s love for computers stems from high school when he built his own computer. Today he is a trained IT technician and knows how the inner workings of computers can be confusing to most. He is the creator of TechDeck.info where he offers easy-to-understand, tech-related advice and troubleshooting tips.

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How to Secure Your Business Website in 2022

How To Secure Your Business Website In 2022
How To Secure Your Business Website In 2022

How To Secure Your Business Website In 2022

If you have a booming business website that’s raking in profits and helping you establish your brand, that’s great! However, you still need to make sure your site is protected from hackers and trolls who might want to tarnish your image. To ensure continued success and prevent bad actors from appropriating your intellectual property, follow these tips to help better secure your business website.

Are You Protected Against Business Email Compromise Attacks?

What Is Business Email Compromise?

According to TechRepublic, business email compromise (BEC) is “a sophisticated scam that targets companies and individuals who perform legitimate transfer-of-funds requests.”

Through the use of social engineering or malware, cybercriminals will masquerade as one of the individuals involved in these money transfers to trick the victim into sending money to a bank account owned by the cybercriminal. Once the fraud is exposed, it’s often too late to recoup the money. Scammers are quick to relocate the money to other accounts and withdraw the cash or use it to buy cryptocurrencies.

However, the scam is not always associated with an unauthorized transfer of funds. One BEC variation involves compromising legitimate business email accounts and requesting personally identifiable information (PII), wage and tax settlement (W-2) forms, or even cryptocurrency wallets from recipients.

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How to Protect Your Business Against BEC Attacks

In the public service announcement, the FBI offers several suggestions for businesses to adopt to better protect against business email compromise attacks.

  • Use secondary channels (such as phone calls) or multi-factor authentication to validate requests for any changes in account information.
  • Ensure that URLs in emails are associated with the businesses or individuals from which they claim to be originating.
  • Keep an eye out for hyperlinks that contain misspellings of the actual domain name.
  • Steer clear of providing login credentials or PII of any sort via email. Bear in mind that many emails requesting your personal information may appear to be legitimate.
  • Verify the email address used to send emails – especially when using a mobile or handheld device – by making sure the address appears to match that of the purported sender.
  • Enable settings on employees’ computers to allow full email extensions to be viewed.
  • Monitor your personal financial accounts routinely for irregularities, such as missing deposits.
Are You Protected Against Business Email Compromise Attacks?

What to Do If You or Your Company Should Fall Victim to a BEC Attack

According to TechRepublic, business email compromise (BEC) is “a sophisticated scam that targets companies and individuals who perform legitimate transfer-of-funds requests.”

Through the use of social engineering or malware, cybercriminals will masquerade as one of the individuals involved in these money transfers to trick the victim into sending money to a bank account owned by the cybercriminal. Once the fraud is exposed, it’s often too late to recoup the money. Scammers are quick to relocate the money to other accounts and withdraw the cash or use it to buy cryptocurrencies.

However, the scam is not always associated with an unauthorized transfer of funds. One BEC variation involves compromising legitimate business email accounts and requesting personally identifiable information (PII), wage and tax settlement (W-2) forms, or even cryptocurrency wallets from recipients.

Are You Protected Against Business Email Compromise Attacks?

What to Do If You or Your Company Should Fall Victim to a BEC Attack

Cybersecurity has never been more important. We live in an increasingly connected world, which enables cyberattackers to constantly find new ways to carry out digital attacks. Even the most vigilant business owners and IT managers can become overwhelmed with the stress of maintaining network security and protecting their data.

These increasingly advanced cyberattacks create unprecedented situations of data breach and money extortion. The tools that hackers use are getting smarter and stronger every day. If you’re not proactive about protecting your network, your business will become a target of cybersecurity attacks.

DataGroup Technologies, Inc. (DTI) offers a wide variety of cybersecurity services to help protect your business from cyberthreats, including security risk assessments, email security solutions, web/DNS filtering, next-generation firewalls, network security monitoring, operating systems/application security patches, antivirus software, and security awareness training. If you’re not 100% certain that your business is protected from cybercriminals, contact us today at 252.329.1382 or message us here to find out more about how we can help #SimplifyIT for your business!

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