The long awaited election of 2020 is here and along with it comes an increase in cybercrime from ransomware attacks and phishing schemes. Businesses need to be on high-alert on keeping unsuspecting employees from falling victim to malicious attacks through election-themed media content.
In the days following the election, there is an increased risk for enterprises to fall victim to hacking attempts as employees are hungry to review election night results and to gather more frequent updates.
Fortunately, there are steps your business can take to help protect your organization and your employees.
Avoid links in spam emails and any links from unverified websites. Downloads that start when you click on a malicious link is a quick and easy way for your network to be hacked and compromised.
Once the ransomware is on your device, it will encrypt your data, spread throughout your network, and hold you hostage until a ransom has been paid to recover your data.
Do not open email attachments from senders you do not know or trust. Stop, look, and think who the email is from and examine the contents for any suspicious links, false email addresses or domains. If you are still unsure if the email is legitimate, contact your supervisor.
If you receive an email or call from an untrusted source that asks you to reveal personal information, always refrain from sharing. Hackers can use personal information in customized phishing attacks to lure you into opening an infected email attachment.
Should you experience a ransomware attack, a backup solution can ensure your data is safely backed up and accessible after a breach. Cloud storage solutions will allow you to revert to previous versions of your files even if they are encrypted.
Election day is the perfect storm for cyber criminals to target unsuspecting employees. Make sure your team is fully aware that this is a serious threat and remind them of your company’s security policy that is set to protect devices from such threats.
The internal team was energized. With the Level 1 work off its plate, the team turned its attention to the work that fueled company growth and gave them job satisfaction.
The cost of cybercrime is predicted to hit $10.5 trillion by 2025, according to the latest version of the Cisco/Cybersecurity Ventures “2022 Cybersecurity Almanac.”.
Forty-three percent of attacks are aimed at SMBs, but only 14% are prepared to defend themselves (Accenture).
The average cost of a data breach in the United States is $8.64 million, which is the highest in the world, while the most expensive sector for data breach costs is the healthcare industry, with an average of $7.13 million (IBM).
The three sectors with the biggest spending on cybersecurity are banking, manufacturing, and the central/federal government, accounting for 30% of overall spending (IDC).
More than 33 billion records will be stolen by cybercriminals by 2023, an increase of 175% from 2018.
It takes an average of 287 days for security teams to identify and contain a data breach, according to the “Cost of a Data Breach 2021” report released by IBM and Ponemon Institute.
40% of businesses will incorporate the anywhere operations model to accommodate the physical and digital experiences of both customers and employees (Techvera).
We did a proof of concept that met every requirement that our customer might have. In fact, we saw a substantial improvement.
We did everything that we needed to do, financially speaking. We got our invoices out to customers, we deposited checks, all the things we needed to do to keep our business running, and our customers had no idea about the tragedy. It didn’t impact them at all.
“We believe our success is due to the strength of our team, the breadth of our services, our flexibility in responding to clients, and our focus on strategic support.”