The evolution of technology now goes beyond every part of our society. Technology impacts every aspect of our lives, from artificial intelligence to smart devices. However, cybercriminalityIdentity theft and data breaches are becoming more common due to increased connectivity.
Hackers can easily sneak into networks and steal confidential data using high-tech tools and software. They also demand ransomware from companies which cost them millions of dollars. If the company refuses to pay, the thieves will publish the information on the Internet.
Consequently, all employee company contact information, customer addresses, and credit card information become available on the Internet. Such damage is irreparable, in addition to jeopardizing the company’s reputation.
Here, we’ll look at four different ways that changing technology affects cybersecurity.
1. Evolution of technology increases digital data security issues
In today’s world, virtually everything is digital. Entrepreneurs store data on cloud servers and manage their finances with accounting software. People also register their important contact and payment card information on online shopping websites.
All of this data is available through the use of passwords, but it is stored on a shared network. As a result, hackers can access the network and steal important information, putting people and businesses at risk.
To protect information on digital servers, everyone must use advanced security procedures. Individuals can avoid sharing data over open networks by using virtual private networks. Similarly, companies can invest in cybersecurity specialists to combat these risks.
If hiring a specialist is too expensive, owners can enter the cybersecurity industry on their own. They can get a master’s degree in cybersecurity online to strengthen the company’s IT infrastructure.
2. Phishing with a single target
Phishing emails were common in the past as a way for hackers to gain access to individuals’ information. However, with more people knowing about these attacks, spear phishing scams are becoming increasingly popular. The objective of launch campaigns is to obtain financial benefits from companies.
Fraudsters are after trade secrets, financial datas, and personal information. They go after company staff by making it look like the email address is from the company.
An accountant, for example, may receive an email from the CFO asking for planned budgets. Employees then unknowingly provide hackers with access to all confidential information. Since hackers can impersonate anyone to obtain information illegally, this poses a significant cybersecurity concern.
3. Evolving botnet technology
Botnets have long been known to spread viruses and email spam. Thanks to new technologies, hackers are now using powerful botnets to collect personal information. This technology can steal information such as name, age, credit card information, addresses and Passwords.
Besides stealing their identities, the hackers then sell them on the dark web and other criminal websites.
Additionally, hackers can use botnets to attack the systems of large organizations. With this technology, they can shut down networks and delete data, putting a business on the verge of bankruptcy. The only way to prevent botnets from entering the system is to have strong cybersecurity safeguards in place.
4. Social Media Privacy Breach
On social media sites, most people tend to reveal a lot of information. They register in various locations and enter their contact information without considering the possibilities of cyberattacks. Social media platforms allow hackers to access your personal information as well as your precise location, putting your safety and property at risk.
Cybercriminals also use social media in their identity theft schemes. They send consumers discount coupons and free vacation packages to entice them to click on a link. As a result, dangerous codes and software are downloaded to users’ devices, revealing all passwords.
Experienced hackers can then use this information to gain access to your bank account and email account.
In today’s connected world, how does technology protect businesses?
Although technology makes everyone vulnerable to cyber dangers, it also provides methods to secure data and prevent attacks. It provides essential tools for surviving in the cyber ecosystem, enabling businesses to traverse the cyber terrain more efficiently.
Here are some examples of advanced technologies.
1. Big data technology
Big data can contain large amounts of data, which can help cybersecurity researchers detect network anomalies. To identify system vulnerabilities and take preventive measures, they use real-time analytics and predictive modeling.
2. Artificial intelligence technology
Using AI as a solution has recently become a hot topic in cybersecurity. AI-enabled natural language processing systems collect data by analyzing articles and news about cyber dangers. It then offers useful insights, revealing the pattern of cyberattacks and mitigation techniques.
Similarly, artificial intelligence devices can detect irregular patterns in a company’s system and notify IT staff in advance of harmful behavior.
3. Blockchain Technology
As a centralized ledger, blockchain technology can prevent a variety of identity thefts, data breaches, and betrayals in transactions. Edge Computing is protected by industry-leading two-factor authentication and data integrity. Likewise, it provides secure messaging over shared networks, ensuring that information is not stolen by hackers.
Cyberattacks, data breaches, spear phishing and botnets are all on the rise, putting digital infrastructure at risk. Individuals and businesses need to use inventive solutions to counter these influences and preserve their data.
Some solutions include investing in cybersecurity, implementing effective firewalls at all levels, and using anti-malware tactics. A stable IT infrastructure and taking preventive measures against cyber threats can help mitigate cyber attacks.
Image Credit: Faisal Rahman; pexels; Thank you!