With the current reliance on technology in the business world, cybercrime has become an increasingly dangerous threat. According to a study by the University of Maryland, hackers attack a computer every 39 seconds, resulting in an average of 2,244 daily cyber attacks. These cyber invasions can cost the victimized company millions of dollars in revenue loss, recovery, and restoration. Cyber Security Insurance is a great way to protect your company from a potentially devastating loss. However, even with this added protection, how would you know if your business was being victimized?
Experts say there are a few telltale signs to watch for so you know when to contact the authorities.
Password Problems
Hackers first need to find a way into the system. This can be accomplished by tricking an employee into giving up their credentials or by exploiting a flaw in the system to gain access. If employees report being “locked out” or experience password changes that they did not initiate, this could be a sign of infiltration.
Errant Emails
Hackers frequently utilize a breached server to send out a barrage of phishing emails from the company’s domain and/or individual employee email addresses. If you notice an unusual quantity of outgoing emails, you should start investigating.
Slow Speeds
In many cyber attacks, slower-than-normal network speeds will be the first sign of a problem. The hacking attempt or activation of malware may cause an increase in network traffic that drains internet speed. Because the hackers use the network resources, other business functions may be impacted. If employees notice atypical speed in their online services, they should report it immediately.
Abnormal Activity
Unusual database activity can point to internal or external cybercrime. Indicators to watch include access outside of regular hours or from unusual locations, discrepancies between user and device, and multiple failed login attempts. Signs that specifically indicate an insider job include changes to audit trails, changes in permissions, and unusual or unnecessary access to sensitive information.
Suspicious Spyware
Despite utilizing preventive cyber-attack detection methods, malware can sometimes find its way onto a business’s network. Watch out for pop-ups, annoying ads, computer crashes, scary messages saying you have a virus, consistent redirection of your browser, a lack of storage space, disabling of system tools, or a noticeable computer slowdown. Any of these warning signs can indicate the presence of spyware on the computer.
The frequency of computer hacking is continuing to rise, and the reliance on technology in business means everyone is a potential victim. Be sure to back up your files as much as possible, utilize a quality security suite, and consider insuring your business against cybercrime to protect your investment and ensure your peace of mind.
About Brooks, Todd & McNeil
Since 1839, the independent agents at Brooks, Todd & McNeil have been pleased to offer our community the best and most affordable policies from a variety of providers. Our dedicated facilitators are ready to put their 75 years of combined experience to work on your claims. To learn more about our products and services, contact us today at (800) 448-4567.
Social Title: Tips for Identifying a Cyber Attack
Social Description: Cybercrime is on the rise and all businesses are potential victims. Read for suggestions on how to recognize a cyber attack in progress.