Tag Archives: Social Engineering

Is Your Cybersecurity Infrastructure Ready for 2025?

Cybersecurity Infrastructure 2025As another year comes to a close, it’s time again for business owners to gather the team and evaluate how their venture has performed in the last 12 months. There are a lot of questions to ask for cybersecurity infrastructure this 2025. What goals have we achieved? Which projects have we completed? How much profit did we make?

All this is critical but in addition to reviewing sales and revenues, it’s also mandatory to assess the behind-the-scenes functions that keep the business running efficiently. This includes the organization’s cybersecurity infrastructure for 2025.

How to Conduct a Year-End Cybersecurity Infrastructure Evaluation for 2025

When you install your current cybersecurity system, there is no doubt that you have chosen the best solution in the market. But it’s been months, maybe even years since, and in the digital landscape, this equates to a lifetime of change!

Are your protective measures still up to par in terms of the standards of the cybersecurity infrastructure for 2025? A cybersecurity evaluation would answer. But how exactly should you conduct this check? Here are some of the most crucial steps to take.

  • Identify security vulnerabilities.

On the outside, your cybersecurity infrastructure might seem fine. However, deep in the trenches of your system, there might be red flags you are unaware of. Do you use outdated software? Are your security measures still adequate? Could there be risky misconfigurations in your system? The sooner you find out about these issues, the sooner you can address them accordingly.

  • Mitigate risk Cybersecurity Infrastructure for 2025.

Having a reliable cybersecurity infrastructure for 2025 in place is one thing, but making sure that your solution will still be workable in the months to come is another. Running a check will help you identify potential threats and set up proper measures for risk mitigation.

  • Comply with regulations.

Failure to comply with industry standards in terms of cybersecurity can result in hefty fines and other legal repercussions, causing setbacks to the overall operations of your business. A yearly cybersecurity evaluation will guarantee that your company is fully compliant and ready for the coming year.

  • Keep sensitive data protected.

Hackers continue to elevate their game, and it is vital to always be a few steps ahead. Protecting sensitive information, such as business, financial, and personal data, is key to the well-being of your organization’s cybersecurity infrastructure for 2025. A huge part of a safety check is gauging the protection that your system is currently providing and making adjustments if needed.

  • Boost incident response.

Cybersecurity is not just about preparing for and defending against attacks. It also includes the actions you will take in case an attack does ensue. By strengthening your incident response strategy, you can make your business fully prepared for what could happen, minimizing downtime and getting back on track as quickly as possible.

Conclusion on Cybersecurity Infrastructure for 2025

To ensure that you don’t skip anything while conducting your assessment, we highly recommend you download our End-of-Year Cybersecurity Health Check guideThis resource will take you through all the key areas of your cybersecurity infrastructure for 2025 that need to be evaluated.

You can also partner with an MSP who can implement this health check for you, ensuring your business is secure and ready for the coming year—without sacrificing precious time with your family during the holiday season.

Recognizing the IT Security Risks Facing Your Business Today

IT security risks

How many real or imminent cyber threats did your company encounter in the past month? These days, it’s not unusual for a business to face IT security risks daily since hackers are becoming increasingly creative. An unknowingly clicking on a link or download can cause bleeding losses before you know it.

Did you know that in 2023, over 75% of attacks on small businesses did not even use malware? Hackers mostly use phishing and other sophisticated social engineering scams nowadays, which prey on many unaware victims. Can you spot such threats before they materialize?

When it comes to business cybersecurity, awareness is a vital element for staying safe. You must have protective measures in place, like a firewall or an antivirus program. Moreover, having an expert to help you handle these vulnerabilities is the better option.

How will you mitigate the hazard when you are unaware of the cyber threats that can harm your business? With your staff’s level of awareness, how likely is it for your company to stop an attack? If these questions lead to more confusion, now is the time to learn about IT security risks.

Most Common Types of IT Security Risks Against Businesses in 2024

Online attacks come in all forms and from all directions, making it challenging to protect your business. Here are the most common cyber threats that could affect small businesses today.

IT Security Risks – Ransomware

Hackers use ransomware to control a company’s data, which ultimately freezes operations and does massive damage to the business. The culprit would then demand a ransom for the victim to retrieve the data. When faced with this dilemma, would you pay an exorbitant amount to get your valuable information back? Most companies would say a resounding yes.

Credential Stuffing

Cybercriminals can now break into your network by attempting various login credentials. Using automated tools, they can go through millions of username and password combinations in seconds. Isn’t it frustrating that the hacker can successfully pull your login information within a substantial number of chances? Would you like to see if your passwords are on the dark web? We thought so. Contact us here to pull your report. Mention this blog to waive the cost of the report.

IT Security Risks – Social Engineering

Social engineering is a very dangerous cyber threat based on human psychology. Hackers use manipulative tactics to trick people into divulging sensitive data, like phishing, pretexting, and quid pro quo. Anyone is a potential victim, more so if the person is misinformed regarding business cybersecurity.

Take Business Cybersecurity to the Next Level with Co-Managed IT

Implementing protective measures to combat cyber threats is the first step to mitigating risks. The right steps to take include tightening your grip on IT security.

Is your team regulating access controls stringently? Do you train your employees on cybersecurity regularly? Does your company have an efficient backup and recovery plan? These factors come together to form the defenses of your business.

Cyber security is a rapidly evolving area and new threats arise practically every day. Your internal IT team, regardless of how skilled they are, is still vulnerable. In this case, co-managed IT presents a viable solution.

By taking a look at this free Cyber Risk infographic, you can have a more accurate picture of the cyber threats your business is facing. It also illustrates how a co-managed IT partner can help your in-house team in enhancing your company’s cybersecurity strategy.

Going over this information and stats will only take a couple of minutes, but it can make a vast difference in the security of your business! Call us today for more information!

Real-Life Examples of How AI Was Used to Breach Businesses

AI to Breach Businesses

There has been a lot of talk recently, about how hackers are leveraging AI to breach businesses. Hackers can sneak their way in more easily with these new algorithms used in social engineering.

Unfortunately, these are no longer just theoretical discussions. We have reached a point where AI-powered data breaches are actually a reality. In fact, they are among the most rapidly growing threats to businesses everywhere. Today, we will talk about some real-life examples of recent data breaches made possible through AI.

TaskRabbit Data Breach

IKEA’s well-known online marketplace TaskRabbit was one of the targets of hackers using AI to breach businesses in April 2018. TaskRabbit’s primary goal is to match freelancers (Taskers) in housekeeping, moving, delivery, and similar industries with local demand (Clients). It operates on a large scale, and when the breach happened, the site had millions of registered users.

The company has found out that over 3.75 million records of Taskers and Clients were affected in the breach. Personal information and financial details were stolen. The website and the mobile app had to be shut down and taken offline for a while as the company dealt with the damage. According to investigations, the distributed denial-of-service, or DDoS, attack used an AI-enabled botnet.

Yum! Brands Data Breach

Yum! Brands, was the victim of hackers using AI to breach businesses in January 2023. Initially, management thought that corporate data was the sole target of the attack, but it turned out that employee information was also compromised. An unidentified malicious actor launched a ransomware attack that led to the breach.

Many ransomware attacks that took place after the creation of AI tools leveraged AI technology to automate decisions on which data to take, as some brought more damage potential to the target business. It proved to be a good tactic, as Yum! was forced to close nearly 300 of their UK branches for several weeks.

AI used to Breach Businesses like T-Mobile

This wireless network operator is no stranger to data breaches, having survived nine separate attacks in the last five years. Early this year, T-Mobile revealed that 37 million of its customer’s records were stolen in a breach that began in November 2022.

According to the company’s AI analysts, the threat actor used an application programming interface or API equipped with AI capabilities and could secure unauthorized access. This ultimately led to the theft and exposure of sensitive client information, including full names, contact numbers, and PINs.

AI used to Breach Businesses like Activision

In December 2023, hackers launched a targeted phishing campaign against Activision, the company that created the Call of Duty games. Hackers used AI to breach businesses like Activision and created the SMS messages used for the phishing attacks, which ultimately proved successful as one HR staff member succumbed to the bait.

But we all know that one click is all it takes because, immediately, the hacker gains access to the complete employee database. This included email addresses, phone numbers, work locations, salaries, and more. However, they were able to find a solution since Activision could find the breach early.

Don’t Be the Next Victim of Hackers using AI to Breach Businesses!

Because of AI tools, data breaches have become much more far-reaching today in terms of business damage as compared to years past. The total cost is also much higher, with an average expense of $4.45 million for each breach. Although hiring an AI cybersecurity expert and upgrading your system would cost money, it wouldn’t come close to the expense of the harm a cyberattack would cause.

The examples above are all real, and as you can see, they have happened to large companies. All these companies thought they had reliable security systems, or so they thought. The point is that any of us, including you, could experience a data breach, especially one that uses AI. To learn more about how hackers use AI technology, download our FREE eBook, “The Growing Role of AI in Security – The Good, the Bad and the Ugly.”

Would you take the risk and just cross your fingers that you don’t become the next victim, or would you take proactive measures right now to boost your defenses and maximize your company’s protection? If you choose the latter, we are here to provide all the services you need. Just contact us so we can make sure your system is safe from AI attacks.

Emerging Threat: AI-Powered Social Engineering

AI Social Engineering

Artificial intelligence has brought many advantages to different aspects of modern life. This new technology allows for the fast and accurate analysis of massive amounts of data. It can eliminate task redundancy and minimize human error. Businesses have benefited from this powerful tool, as it enables them to accomplish more while using fewer resources. However, AI-powered social engineering also brings with it a plethora of new security risks.

It is an impressive bit of technology, but it is not perfect, and hackers take advantage of its vulnerabilities for their malicious purposes. Also, it didn’t take long for cybercriminals to figure out how to leverage AI tools, especially with social engineering.

What Is Social Engineering?

Before we bring AI into the picture, let us first talk about what social engineering is and why it is considered by many to be one of the most dangerous security threats.

It is the use of manipulative or deceptive tactics to entice unwitting victims to do something they won’t normally do, like divulging sensitive information or confidential data, granting access to unauthorized entities, or performing other actions that compromise the company’s security.

Social engineering comes in many forms, the most prevalent of which is phishing. Other methods are pretexting, baiting, and CEO fraud. When using these strategies, hackers bank on human error or weaknesses in human nature. It has always been a very effective method of hacking, but now, with powerful AI tools, social engineering has climbed to an entirely new level.

AI-Powered Social Engineering Techniques

Generative AI tools have taken on much of the challenge that hackers used to face with social engineering. Through a range of AI algorithms, the techniques can now be implemented faster, more efficiently, and on a much wider scale than ever before.

Personalized Phishing Campaigns

Before AI, phishing emails had a generic look. They would not immediately draw your attention because it looks like something standard or random. But with AI, hackers can now create highly personalized and more convincing phishing messages that are more likely to get a response from the recipients. They can gather and analyze huge amounts of data from all over the internet, which helps make the emails seem credible.

Voice and Facial Recognition

It’s certainly fun to play with apps that give you AI-generated likenesses of your photos. However, hackers will use the voice and facial recognition technology in these AI apps for their social engineering schemes. You might have a video call from someone you know, not realizing that you are talking to an AI-generated video of them. Hackers can easily do this using Deepfake technology, which not only manipulates images but audio as well.

Automated Social Media Manipulation

Another capability of AI that hackers find extremely useful is to emulate human behavior. Through data analysis and machine learning, AI can create fake social media profiles, which can then spread fake news or sway public opinion. Even worse, hackers can automate all of this so it can happen quickly and result in far-reaching disastrous consequences.

Social Engineering Chatbots

When live chat features came into use, customers would chat with a live person in real time. An actual customer service representative answered your questions or would assist you with whatever concern you had. But these days, it’s likely that you are only talking to a chatbot, which can give very human-like responses. Hackers use similar chatbots, except, instead of providing information, their main goal is to gather data or deceive unsuspecting individuals.

How to Keep Threats at Bay

There is no way to stop cybercriminals from using AI tools for their malicious gain, especially since these tools have proven to be very effective. Despite the rising instances of AI-powered social engineering, you can take proactive measures to keep your business secure.

Education and Awareness

Ai-powered or not, social engineering tactics are highly reliant on human negligence. So it makes sense to keep these threats under control through constant education and awareness. Businesses must conduct regular training to keep employees updated on the latest cybersecurity threats and to remind them to stay vigilant and never let their guard down.

Multi-Factor Authentication (MFA)

The more layers of security you have, the harder it will be for hackers to get into your system, even if they use the most advanced AI algorithms. Multi-factor authentication gives hackers an extra hurdle to overcome when they try to get into your system.

AI-Powered Security Solutions 

If hackers are using AI to boost their social engineering game, there is no reason you shouldn’t use AI to enhance your company’s security solutions. With artificial intelligence, it is a two-way street. You can either fear it or use it to your advantage. If implemented properly, an AI-powered cybersecurity system can give you an impeccable defense against any attack that online criminals might throw your way.

Final Thoughts on AI-Powered Social Engineering

There are multiple ways that cybercriminals can leverage AI tools for their social engineering strategies. But there are just as many ways by which you can build a formidable defense against these attacks. To learn more about what you can do, download our Cybersecurity E-bookCall us anytime so we can send you more information or schedule a free consultation!