WatchGuard Blog

Top 4 Most Common Cyberthreats to Organizations

In today's digital age, where cyberattacks are multiplying rapidly, understanding the threat landscape is essential for the survival of organizations. It is clear that cybercriminals are not resting on their laurels and are constantly developing new strategies. This forces businesses to stay ahead of the curve to protect their digital assets.

Companies need to be aware of the most common cybersecurity threats and the appropriate protection measures to ensure the security of their sensitive information.

What are the most common cyber threats?

While cybercriminals have many tools and methods at their disposal, there are some staple tactics they use repeatedly in attacks on systems. These include: 

  • 1. Ransomware: 

    Data ransomware has become the most dangerous cybersecurity threat in recent years. It is one of the most feared cyber threats globally, as it does not discriminate between sectors or company size and attacks everyone equally. Each industry has specific characteristics that make it attractive to cybercriminals, be it the sensitivity of the data it handles, its dependence on public trust, or its financial capacity to pay a ransom. This type of attack can cripple an organization's operations, generate substantial financial losses, and severely damage its reputation. It is important to note that this attack is often the last step in a more complex cyberattack process, meaning that the organization has already been compromised in some way.

  • 2. Misconfigurations and unpatched systems: 

    Companies that fail to implement adequate security configurations or maintain default settings on their systems are exposing themselves to serious cyber risks. Such misconfigurations, which include unpatched systems, poor access controls, exposure of sensitive data, and outdated components, are like open doors that cybercriminals can go through to gain access to confidential information or cause damage to the organization. In fact, tools on the deep web enable hackers to identify these vulnerabilities in an automated way.

  • 3. Credential stuffing: 

    In this type of attack, cybercriminals exploit users´ weaknesses, such as password reuse, to gain unauthorized access to their digital accounts. Using automated bots, they test username and password pairs obtained from previous data breaches on differnet websites. If a user uses the same combination on multiple sites, the hacker gains unauthorized access to their accounts. 

  • 4. Social engineering: 

    Cybercriminals use social engineering, a clever manipulation technique, to induce users to perform actions that compromise their security. Through deception and trickery, impostors get victims to reveal sensitive information or perform actions that grant them unauthorized access to their systems. Meticulousness is key in this type of attack. Hackers research their victims, gathering personal information and details about their online habits. With this information, they create personalized scenarios, using fake emails, fraudulent websites, or vishing to trick their targets.

Faced with such cyber risks, organizations must take a proactive approach to security and protection. This means investing in innovative cybersecurity tools. A unified approach to security is ideal in this context, providing layered protection that defends organizations at all levels. This comprehensive protection shields digital assets and ensures security in the digital environment. Moreover, to strengthen this strategy, companies need to foster a culture of cybersecurity awareness among employees, collaborate with industry experts, and work with regulators. Collaboration between these key players will establish a more robust and secure digital environment.

To learn more about how you can protect your organization with a unified approach to security, check out the following blog posts: