3 serious cyberthreats that need to be on your radar

It’s crucial to be aware of cyberthreats to your business. Crooks keep looking for new ways to fool finance pros into giving them access to company data and money.

Inc.com reports a study from security platform provider CyberCatch found three types of cyberthreats you may not have heard of:

1. Spoofing is when a thief taps into a company’s private system by using a fake internet protocol address to make it look like an authorized device.
2. Clickjacking is used to persuade an employee to click on something in their browser that looks normal, but is a malicious link.
3. Sniffing attacks are when hackers intercept network traffic to access unencrypted data.

The reason to be concerned? A scan of more than 20,000 businesses by CyberCatch found that about a third of them were vulnerable to spoofing and 28% could be clickjacked.

Taking action against cyberthreats

What steps should you take to protect your firm?

For starters, CyberCatch says give your IT team a heads-up about these threats so they can patch security holes by implementing prevention, detection and response cybersecurity controls to protect your company’s most valuable data and assets.

The next step should be a test all of systems — including websites, software and web applications — to identify security vulnerabilities. Things to watch out for include disabled security features or injections of malicious code.

It’s also a good idea to regularly inspect your web servers and websites for any software weaknesses.

These safeguards can help your firm fend off the latest cyberattacks.