Cyber security is no longer a luxury for businesses; it's a necessity. The importance of safeguarding business operations and data from cyber threats cannot be overstated. A single breach can result in significant financial loss, damage to reputation, and disruption of services.
Our article, written by Crowe MacKay's trusted technology and digital advisors, will explain a cyber-attack and guide you through practical measures to prevent it, ensuring your business remains resilient in an increasingly hostile cyber environment.
What is a Cyber-Attack?
A cyber-attack is an attempt to disrupt, damage, or gain unauthorized access to computer systems, networks, or devices, generally for financial gain.
These attacks can happen in different ways, such as tricking people with fake emails (phishing or business email compromise), locking files and asking for money to unlock them (ransomware), or flooding a website with traffic to make it crash (DDoS).
A well-known example is the WannaCry attack in 2017, which hit more than 200,000 computers in 150 countries, costing billions in damages.