_{5 Types of Threats on Your IT Security Solutions}

Here is a list of five common threats to a business's IT security solutions.

#1 Cybercrime

The aim of one of the most common forms of cybercrime is to monetise their cyber-attack against public bodies. Cybercriminals seek to steal crucial data from government and financial institutions that have value in the black market. You will often find malware specifically designed to exploit financial accounts in public sector networks. 

#2 Hacktivism

These cybercriminals crave publicity by causing embarrassment or annoyance in high-profile websites. It can also cause reputational damage to target government websites and networks. The hacks usually come in the form of DDoS attacks to disrupt the activity of a website or network.

#3 Insiders

Insider attacks can include:

• disclosing sensitive information
• facilitating third party access, and 
• physical sabotage of an electronic or IT infrastructure. 

These people exploit legitimate access to the assets of organisations for unauthorised uses. It is a threat emphasising the tightness of your IT security on your Singapore company data.

#4 Terrorists

Though terrorist groups have limited technical capability, some groups have demonstrated their intent to launch cyber attacks. However, there are sources and channels that terrorist groups can utilise to acquire and improve skills and capabilities for such acts.

#5 Espionage 

The global nature of the internet enables hostile agencies and identities to remotely access networks and conduct espionage. These spies can gain access to a system administrator without being physically present at the system's location. Employees are one of the most common targets for hostile intelligence.

AdNovum is an IT security and solutions company that encompasses banking and FinTech, insurance, transportation and logistics, and the public sector. They had been responsible for the creation of the Singapore 2FA, Singpass. Contact them for consultations about cybersecurity and IT security solutions

Resources:

https://www.scoop.it/topic/infograpics-by-iampinghuang/p/4128474270/2021/11/26/5-types-of-threats-to-a-business-s-it-security-solutions