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We all know cyberattacks can be detrimental to businesses. These attacks come in many different forms and cybercriminals target many different organizations. But what is a cyberattack and who are the most likely victims?

Below, we discuss different ways criminals target businesses and individuals, and why they target them. Continue reading to learn more.

What is a Cyberattack?

To put it simply, a cyberattack is an attempt to steal, alter, or destroy information through unauthorized access to a networked device or system. These attacks come in many forms and involve a range of motivations, including financial, business, and political.

An attack can occur internally by someone directly associated with the person or entity, or externally by someone who may not have had any prior interactions with the target. Some even pose as employees or business partners to directly infiltrate a business.

Is My Business Vulnerable to a Cyberattack?

Unfortunately, any entity with an online presence is susceptible to a cyberattack. You may think that the latest cybersecurity technology can keep you protected. But the fact of the matter is human error is responsible for 95% of data breaches. And there are a wide range of tactics cybercriminals use to target employees, which include:

  • Manipulation (disguising as an authority figure, someone you know, a colleague, etc.)
  • Phishing via email, text message, social media, etc.
  • Baiting by indicating you won a giveaway, must respond to an emergency immediately, etc.

Fortunately, there are many tactics you can enforce to better protect your business from cyberattacks. For a more in-depth guide, consider checking out our Cybersecurity Checklist.

Who is More at Risk for a Cyberattack?

Preventing a cyberattack is difficult, but there are some factors that make your employees and business a more likely target.

Those who transfer money, or handle sensitive personal or business information are appealing targets for cybercriminals. Companies can also be at increased risk if they are involved in high profile industries such as software development, technology R&D, biotechnology, critical infrastructure, defense, and international trade – to name a few.

Likewise, executives and CEOs are always targets for cybercriminals. However, their assistants can be just as valuable to thieves due to their direct contact with these executives, the sensitive information they have access to, and the role they play in the company.

Partner with a Network Security Provider

Being proactive is one of the best ways to keep your business protected from cybercriminals. By partnering with a network security provider, Vector Security Networks can monitor your network for you and alert you immediately whenever something nefarious occurs.

If you would like more about keeping your business protected from cyberattacks, feel free to contact the experts at Vector Security Networks today.