What is a Cyber Attack, and is Your Company Safe from One?

Today’s most extreme threats to organizational stability often come in digital dangers. Data breaches and other cyber crimes pose a substantial risk to the successful operation and profitability of your business, as well as the clients you serve and the professionals you employ. Protecting your data and business from cyber threats has never been more critical.

According to Ready.gov, “Cyber attacks are malicious attempts to access or damage a computer or network system. Cyberattacks can lead to the loss of money or the theft of personal, financial and medical information. These attacks can damage your reputation and safety.”

Cybersecurity involves preventing, detecting, and responding to those cyberattacks that can have wide-ranging effects on individuals, organizations, the community, and the nation.

 

In 2021, the Federal Bureau of Investigation’s Internet Crime Complaint Center (IC3) continued to receive a record number of complaints from the American public: 847,376 reported complaints, which was a 7% increase from 2020, with potential losses exceeding $6.9 billion. Among the 2021 complaints received, ransomware, business e-mail compromise (BEC) schemes, and the criminal use of cryptocurrency is among the top incidents reported. In 2021, BEC schemes resulted in 19,954 complaints with an adjusted loss of nearly $2.4 billion.

Services

Business Continuity and Disaster Recovery Plan Consulting

Cyber Risk Assessments

PCI DSS Compliance Services

Data Classification Process Design and Consulting

HIPAA Security Assessment

Information Security Awareness Training

Review of Information Security (InfoSec) Program Policies and Procedures

Security Incident Response Planning

Service Organization Control (SOC) Audits

Technical Vulnerability Assessment (External and Internal Vulnerability Scanning)

User Life Cycle Management (Identity Management) Consulting

Industries at Risk

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Small and middle market businesses and non-profits often think they are immune to these threats, but nothing could be further from the truth.

 

These organizations are often targeted and, in fact, may be at even greater risk than larger entities. Suppose your organization has an online presence or uses the internet for any business-related need. In that case, it is imperative that you identify imminent threats and vulnerabilities, create a comprehensive risk management plan to safeguard your key data assets and operations and rigorously control access to sensitive information.

  • Construction
  • Not For Profit
  • State and Local Government Agencies
  • Healthcare & Risk Control
  • Hospitality
  • Government Contracting

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Top 4 Types of Cybersecurity Threats to Small Businesses

Malware (malicious software) is an umbrella term that refers to software intentionally designed to cause damage to a computer, server, client, or computer network. Malware can include viruses and ransomware.

Viruses are harmful programs intended to spread from computer to computer (and other connected devices). Viruses are intended to give cybercriminals access to your system.

Ransomware is a specific type of malware that infects and restricts access to a computer until a ransom is paid. Ransomware is usually delivered through phishing emails and exploits unpatched vulnerabilities in software.

Phishing is a type of cyber-attack that uses email or a malicious website to infect your machine with malware or collect your sensitive information. Phishing emails appear as though they’ve been sent from a legitimate organization or known individual. These emails often entice users to click on a link or open an attachment containing malicious code. After the code is run, your computer may become infected with malware.

How PBMares Can Help

For over 15 years, our experienced cyber risk professionals have been performing IT audits and risk assessments for companies in a variety of industries.  As a standard, PBMares provides:

  • A complete assessment of your organization’s cyber risks.
  • A comprehensive cybersecurity plan to minimize vulnerabilities.
  • Tools to manage strategic threats.

 

As CPAs and consultants, we understand your organization’s unique processes and operations, set the industry standard for complete cybersecurity services and solutions, tailor solutions to your risk profile and network, and customize all of our programs to your business.

 

We include:

  • Customized data map to assess your unique technology environment
  • Key data assets and their supporting technology layers identified
  • Accurate pinpoint of what data resides where
  • Identification of needs to be protected based on threat level, risks and potential impact
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Strategy designed specifically for your technology environment to:

  • Identify weak security controls and cyber risks.
  • Assist you in managing those risks
  • Recommend sustainable solutions
  • Provide the foundation for a strong cybersecurity footprint
  • Grow as your company continues to grow
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