Common Cyber Threats Faced by Online Businesses

Online businesses are increasingly targeted by cybercriminals due to their reliance on digital platforms and customer data. Below are some of the most common cyber threats they face:

1. Phishing Attacks

Phishing involves tricking employees or customers into revealing sensitive information (like passwords or credit card details) through fake emails or websites that appear legitimate.

2. Ransomware

Ransomware is a type of malware that encrypts a company’s data and demands a ransom for its release. This can cause significant downtime and financial loss.

3. Data Breaches

Hackers may gain unauthorized access to sensitive customer or company data, leading to identity theft, loss of trust, and potential legal consequences.

4. DDoS (Distributed Denial of Service) Attacks

A DDoS attack overwhelms a website or online service with massive traffic, causing it to slow down or crash. This can disrupt operations and lead to lost revenue.

5. SQL Injection

In this attack, cybercriminals exploit vulnerabilities in an online application’s database to access or manipulate data. It’s often used to steal customer records or financial information.

6. Man-in-the-Middle (MitM) Attacks

MitM attacks occur when an attacker secretly intercepts communication between two parties to steal data or alter transactions.

7. Malware

Malicious software such as viruses, worms, and spyware can infect systems through email attachments, downloads, or compromised websites.

8. Insider Threats

Employees or contractors with access to internal systems may intentionally or accidentally leak sensitive data or leave systems vulnerable.

9. Credential Stuffing

Cybercriminals use stolen login credentials (often obtained from data breaches) to gain unauthorized access to user accounts across multiple platforms.

10. Zero-Day Exploits

These attacks target unknown vulnerabilities in software before the developer has had a chance to fix them, often resulting in significant damage.

Preventative Measures Include:

Using firewalls and anti-malware software

Regular software updates and patch management

Employee cybersecurity training

Strong password policies and multi-factor authentication

Regular data backups and encryption

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