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Understanding and Preventing Today’s Cyber Threat Trends

Guard your business today to guarantee its safety tomorrow.

In an era where cyber threats are more complex than ever, businesses require robust defenses, not just to protect against potential attacks but also to respond effectively when breaches occur. The initial step to navigating this elaborate digital landscape is having a heightened awareness and understanding of the types of incidents most prevalent today. Incident response is a structured approach to managing and mitigating the effects of security breaches, cyberattacks, or any other threats to information technology systems. The ultimate goals are to minimize downtime, reduce the impact on business operations, and protect against future vulnerabilities.  

Phishing leads to Business Email Compromise (BEC)

Phishing scams use social engineering to mislead users into disclosing sensitive information or installing paralyzing computer programs, and it persists to be one of the primary infiltration methods used by bad actors. Successful phishing attempts can severely disrupt operations, compromise sensitive data, and damage your business’ reputation, leading to financial loss. 

The latest FBI internet crime report revealed over $3 billion in reported losses from Business Email Compromise (BEC) 

As technology evolves, so do phishing strategies; this is why taking proper preventative measures to protect your business from these deviant attempts is critical in guaranteeing operational safety and continuity.  

Prepare today for peace of mind tomorrow

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Ransomware

Ransomware incidents continue to be a predominant threat which can paralyze an organization by encrypting critical data and demanding a ransom for its release. Often times this is achieved through the deployment and instillation of malware that locks access to files, databases, or entire systems by concealing them with a key known only to the invader. 

These threat actors routinely leverage attack vectors as common as an email. A recent incident breach highlighted the damaging outcomes of engaging with a malicious email. Learn more here about this detrimental ransomware attack and how General Informatics’ technology and security professionals successfully secured sensitive information from a malicious perpetrator.

Third-Party Vendor Risks

In today’s digital ecosystem, businesses are ever interconnected. Being able to trust third-party vendors and partners is essential. Unfortunately, this trust can be a double-edged sword. Weak security practices or data breaches at vendor companies can create a backdoor for attackers to access internal systems and steal sensitive data. 

In 2013, Target fell victim to a malware intrusion that gained access to their network systems following the breach of a vendor’s credentials.

Home Depot’s breach originated from a point-of-sale system vulnerability; this vulnerability was exploited by hackers who gained access through a third-party vendor’s software. 

These incidents highlight the crucial need for robust vendor risk management and stress the importance of thoroughly vetting third-party security practices, before entrusting them with access to our data. With General Informatics, securing your business is made simple. Click here to find out more on our Compliance as a Service.

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Insider Threats

Not all cyber threats come from the outside; insider actions, whether intentional or accidental, can expose businesses to significant risk and threats. This type of harm can emerge in many different ways, including theft of sensitive information, data breaches, sabotage of systems, facilitating external attacks and more. Implementing strict access controls, conducting regular security audits, and promoting a strong organizational culture of cybersecurity awareness are invaluable measures businesses can take to identify potential insider threat activities and to mitigate these risks.

Safeguarding Against Digital Dangers

While this progressive digital age presents a myriad of opportunities for innovation, it also presents an abundance of threats. General Informatics’ ThreatRespond 365 Cyber Incident Response Team provides businesses with the expertise and tools to properly plan, prepare, and respond to today’s broad spectrum of cyber dangers. By prioritizing rapid response, thorough investigation, and proactive prevention, General Informatics helps businesses not only recover from incidents but come back stronger and more resilient.  

Don’t wait until it is too late. Click here to get connected with one of our managed security services professionals. 

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Connect with Aaron

Get to know Aaron Lancaster

Aaron Lancaster is a security expert with a history of providing superior cybersecurity solutions to clients in numerous industries. With over 16 years of experience in the cybersecurity field, Aaron brings a wealth of knowledge and experience to the table and holds credentials that go beyond most in the industry.

In his current role as General Informatics’ Information Security Officer, Aaron is responsible for leading General Informatics’ Security Consulting Practice. Prior to being acquired by General Informatics, Aaron served as the CEO and Founder of 1 Ping Security. Aaron is a highly sought-after speaker and is often delivering keynotes to national security conferences. He has attained a vast amount of security certifications and holds leadership roles amongst multiple security associations and alliances.

In addition, Aaron is a veteran of the U.S. Army, having served as a scout reconnaissance helicopter pilot and Information Assurance Security Officer. He earned a Graduate Certificate in Pentesting and Ethical Hacking from the SANS Technology Institute and holds a Bachelor of Science degree in Aeronautics from Embry-Riddle Aeronautical University.

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Don Monistere

Don Monistere is an Entrepreneur, Published Author and Accomplished Executive.

Monistere is the CEO and President of General Informatics. Monistere joined the General Informatics team in 2020 and has been actively growing its reach since. General Informatics is one of the fastest growing IT services providers in the Southeast and is considered the leading IT partner for businesses, schools, government agencies, and for the financial and maritime industry.

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