As we come to the close of another year, now’s an opportune time to discuss what lies ahead for 2018 and predict where the market will take us in the year ahead. If you’re a business owner, you’re probably also interested in knowing what kinds of things you should be on the lookout for and how to best protect your business and your bottom line.
Here are 3 predictions for business IT security in 2018 and what you can do to stay safe.
1. Ransomware Evolves
Cyber criminals who prey on businesses for extortion purposes were at an all-time high in 2017 and there’s no signs of these types of attacks slowing. Cyber-based extortion that targets businesses are not only predicted to increase, but demands for even greater payouts as criminals steal important files and information from companies, will become a reality. The best way for business to be protected is to remain vigilant about all patches and updates to your networks and systems and to consider cloud and off server storage over just using backups to keep things safe.
2. Inside Threats Grow
It’s easy to get lost in the whirlwind of fear that comes from outside hackers trying to gain access to your business, but there are very serious security threats that happen on the inside of your business that you shouldn’t forget to keep protections in place for. Some of these breaches could occur from simple human error or negligence and others are done intentionally by disgruntled employees looking to bring harm to a business. The risks are growing for these types of vulnerabilities. To keep your sensitive information safe, be sure to train employees on proper handling, establish rules and use tracking and monitoring tools to reduce risks.
3. Passwords & Authentication Demands
For a long time, the use of passwords remained the best way to keep unauthorized users from accessing personal and financial information. But a secret word or combination of letters and numbers is simply no longer enough to keep accounts safe. In 2018, expect to see more password alternatives coming into demand. Especially has high level breaches are becoming common, users will want to know that they are protected by more than just their username and password combinations. Multifactor authentication and identity access management tools will provide businesses with tools to combat today’s risky environment and stay protected.
The biggest mistake you can make as a business owner going into 2018 when it comes to IT security is thinking your business isn’t a target. Do not underestimate the importance of these threats.
ASG Information Technologies can help you Increase your IT security defense against cyber criminals, hackers, and employees and avoid data breaches, cyberattacks and possible regulatory fines.
Find out more about our Network & Data Security and Advanced Security Services.