There is a myriad of ways that cybercriminals have found to access and misuse a company’s and individual’s data. It has become one of the biggest losses for modern-day businesses and can lead to a business’s closure and loss of reputation if your customer and client data is involved in any theft or losses. The seriousness of the matter has led to the need to partner with engagecybersecurity.com, managed by a team of cybersecurity experts to provide high level of security. This article will detail three cybercrimes that are becoming more popular and will require modern-day small businesses to be proactive in relation to such threats.

Document signing and exchange

Exchanging contracts online and signing electronically has become a common way for cybercriminals to gain access. Just as the wet signatures of old were forged and copied, so are some of the weaker e-sign options. Make sure that your business opts for the more secure and positively reviewed DocuSign alternatives to prevent this from happening on your watch.  Don’t go the route of simply PDF’ing a wet signature and then using this as a JPEG to sign all your company contracts. These are easily copied, as are those e-signatures used and designed by the fly-by-night providers out there.

Data theft in the clouds

With the large amount of data stored in the cloud, it is now one of the most logical places for cyberattacks. There is now a proliferation of cloud service providers, and not all cloud providers are equal. When it comes to cloud security, you need to have surety that the data you place in the hands of others is secure and knowing where and how it is stored are the basic requirements. Insisting on a zero-trust protocol for all access and all levels of data sets the tone for your cloud-based data, and there should be no compromise in this regard. Encryption in flight and at rest is mandatory, meaning that your data is only readable with an encryption key or password at all stages of transfer.

Socially engineered malware

The rise of social media and heightened communication online has begun to blur the boundaries of trust, and this lowered guard is leading to the fastest rising means of cybercrime. This happens when workers, businesses, and individuals as a whole are convinced by who they take to be a genuine online social contact or website/application to download malicious software in order to better access the website or have additional features released. These trojan horse programs then instruct the user to click through the security issues that will slow the process down to access the new functionality being offered and allow the cybercriminal to access their system.

In summary

Cybercriminals are arguably always at the cutting edge of IT and software development and innovation for harm. The aim of your cybersecurity for businesses must be to stay one step ahead, and the best way to do this is to keep updated and be in the know as to what the latest threats are and how to mitigate them. This will ensure that you are ahead of three of the rising threats in cybercrime circles and allow for your business data to be protected from these threats.