Security, Threats, & Mitigation
Security
For most smaller companies, cyber security sounds more like a Star Wars topic than something relevant to your daily operation, unfortunately, however; this cannot be further from the truth. Small and mid-sized businesses are targeted every day by malicious actors all over the world. To counter these threats, we employ a series of next-generation tools combined with employee training.
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Bad actors count on the fact that your staff does not have the training or tools at their disposal to prevent devasting intrusions. Staff error typically occurs when people are trying to do their jobs and do not have the time or the updated training to make good decisions between the tasks they are assigned. Our team provides training catered to clients with a variety of threat profiles from HIPPAA regulated companies, FTC regulated companies, financial institutions, and hotel management companies.
Malicious forces also rely on substandard tools and equipment to gain access to your company’s data. We use the latest technology to ensure rapidly installed patches to your software as well as security tools that react to potentially malicious code with lightning speed.
Our skilled technicians provide risk assessments and can discuss your company’s threat profile with you, without dumping jargon on you.
Email or Call us today for a consultation!
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Cyber criminals pose various threats to small and medium businesses, which often have limited resources and may lack robust cybersecurity measures. In the current threat landscape, small businesses can no longer count on Malicious Actors to pass them by in favor of larger targets. Small businesses are often targeted by smaller Malicious Actors that rely on third party tools that rely on volume of targets rather than the size of each hit.
Here are some common risks:
1. Ransomware Attacks: SMBs are frequently targeted by ransomware attacks, where cyber criminals encrypt the organization's data and demand payment for its release. Ransomware attacks can disrupt business operations, cause financial losses, and damage the organization's reputation.
2. Phishing and Social Engineering: Phishing attacks target SMB employees with deceptive emails, messages, or phone calls to trick them into revealing sensitive information, such as login credentials or financial data. Social engineering tactics exploit human vulnerabilities to gain unauthorized access to systems or networks.
3. Business Email Compromise: BEC attacks involve impersonating a trusted individual or entity, such as a CEO or business partner, to trick employees into transferring funds or sensitive information. SMBs are particularly vulnerable to BEC attacks.
4. Data Breaches: Data breaches can occur through various means, including exploitation of vulnerabilities, insider threats, or stolen credentials. For SMBs, data breaches can result in the exposure of sensitive customer information, financial data, or intellectual property, leading to financial losses and legal consequences.
5. Supply Chain Attacks: SMBs may be targeted as part of supply chain attacks, where Malicious Actors compromise a vendor or partner to gain access to the target organization's systems or data. Supply chain attacks can have far-reaching consequences for SMBs and their customers.
6. Unpatched Software and Systems: SMBs often struggle to keep their software and systems up to date with security patches and updates, leaving them vulnerable to exploitation of known vulnerabilities by cyber criminals.
7. Lack of Security Awareness: Employees of SMBs may not receive adequate training on cybersecurity best practices, making them more susceptible to phishing attacks, social engineering, and other forms of manipulation by Malicious Actors.
8. Financial Fraud: Malicious Actors may target organizations for financial fraud, such as unauthorized wire transfers, fraudulent invoices, or payment card fraud. These attacks can result in direct financial losses for the organization.
9. Reputation Damage: Cyber attacks can damage the reputation and credibility of SMBs, leading to loss of customer trust and business opportunities.
In order to mitigate these risks, Mtech performs custom risk assessments in order to provide the robust security policies, regularly patch and update software, protect data backups, defend against phishing attacks, and catch lapses in procedures.