TRACKING 2024 Cyber Security Threats

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Ransomware, gadgets and phones are big 2024 cyber security threats

Panhandle businesses are on alert as a recognized IT professional forecasts the top cyber security dangers they might face this year. The anticipated challenges include an upsurge in ransomware, vulnerabilities in internet-connected devices, and a surge in mobile phone breaches.

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Russell Hale, the IT authority and owner of SNH TECHNOLOGIES, emphasizes the sophistication of current cyber threats. “As digital adversaries advance their methods, the risk to sensitive business information escalates. Without adapting their security protocols, local enterprises are in jeopardy of not only financial losses but also diminished productivity and even more severe consequences,” he cautions.

“Cyber incidents are more common than fires in a business, yet owners and operators have more insurance coverage and disaster plans for fire than for cyberattack. Thinking it will never happen to me is just an outdated way of thinking. It’s not about ‘if.’ Unfortunately, it’s about when, and at what consequence,” Hale says.

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A primary concern is the growing menace of ransomware, where hackers gain control of a network, block access, and extort sometimes large sums for the owner to reclaim their own data. These types of attacks are becoming more frequent and sophisticated, partly due to advancements in artificial intelligence.

The risk extends to the Internet of Things (IoT), which includes common connected devices such as smart TVs, doorbells, and refrigerators. While these items can make work more convenient, the often inadequate security of these devices makes them potential entry points for cyberattacks on business networks.

Likewise, mobile devices are increasingly becoming targets, with a surge expected in specific threats like malware, banking trojans aiming to pilfer login information, and advanced phishing attacks designed to trick users into revealing their credentials on fake websites.

To combat these threats, Russell Hale advocates for a holistic cyber security strategy, emphasizing the importance of employee training in safeguarding against digital attacks. He has also prepared a comprehensive guide to better educate business owners of the risks. The guide, “On The Battlefront: Protect your business from these cyber security threats in 2024,” outlines his predictions for the year and provides a strategic plan for businesses to bolster their cyber defenses.

This valuable guide is available for free download at www.SNHtech.com, offering vital insights for businesses navigating the increasingly complex cyber security landscape.

SNH TECHNOLOGIES is a full-service IT company that provides consulting, implementation, and technology management solutions to some of the fastest-growing businesses and emerging companies regardless of industry or location. Russell Hale is the CEO and Managing Partner.

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Sowal Editor
Author: Sowal Editor

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