IT Career Guide

Cybersecurity Awareness Month: 5 Biggest Threats to Watch

Let’s enjoy our October free from online threats with this cybersecurity education.

As we all know, security threats happen daily, so this is the perfect time to strengthen your defenses. We should give priority to this aspect. You can’t log on without thinking about being secure online these days. With all the possible dangers – phishing scams, cyberbullying, and data breaches – it’s time to raise awareness and learn how to shield yourself.

What happens when we acknowledge Cybersecurity Awareness Month? It’s an opportunity to assess our online defenses and sharpen our vigilance against hackers.

man doing his work in cybersecurity awareness month

What is Cybersecurity Awareness Month?

October 2024 marks the 21st anniversary of Cybersecurity Awareness Month. In 2004, the President of the United States and Congress officially designated October as Cybersecurity Awareness Month. IT security demands a unified front for the public and commercial sectors to work together and stress its importance.

Today, the government and industry guide the program’s progress. The objective is to teach people to defend themselves against online threats, stimulate conversation about cyber safety, and aim for a safer digital community.

Secure Our World

The Secure Our World campaign has become the ongoing theme of Cybersecurity Awareness Month since CISA (Cybersecurity and Infrastructure Security Agency) launched it in 2023.

Staying safe online starts with daily habits that protect your devices and personal info from cyber threats. Organizations are encouraged to adopt the Secure Our World theme when planning their awareness campaigns this month and beyond.

As you read further, you’ll find five of the most significant IT security threats and discuss how we can protect ourselves and stay safe online in October and throughout the year.

1. Ransomware Attacks

One of the most prevalent cybersecurity threats is ransomware. Ransomware is like being hijacked by a digital kidnapper: they hold your files hostage and leave you with a request – pay up or say goodbye to your data.

A notable case occurred in May 2021 when the Colonial Pipeline, a major U.S. oil pipeline, was hit by a ransomware attack. The attackers left the East Coast reeling with fuel suddenly in short supply and gave Americans a sobering reminder of just how tenuous their grip on energy security is. 

Cybercriminals commanded a Bitcoin ransom, and to some extent, they got what they asked for until federal agents swooped in to reclaim part of the loot.

The lesson learned from this case is simple: an organization’s security is only as strong as its weakest link. Having reliable backup systems and comprehensive cyber incident response plans can reduce the damage caused by such attacks.

2. Phishing Scams

Cybercrooks rely on phishing to catch their victims off guard, and it’s become a particularly sneaky threat. With malicious intent, these shadowy figures deceive and defraud innocent people online.

Crooks behind phishing scams cleverly craft emails and websites to swipe sensitive info, like passwords or credit card details, from unsuspecting victims.

In 2020, Google detected over two million phishing websites. One high-profile phishing attack targeted Twitter employees, compromising several verified accounts, including those of high-profile figures like Barack Obama and Elon Musk. Following a string of high-profile account takeovers, a remarkably daring gang of scammers burst onto the scene with a misleading Bitcoin scheme that created a huge impact.

To stay safe online, businesses and individuals need to educate themselves on how to spot phishing attempts. Cybersecurity tools like anti-phishing software and implementing strong passwords and multi-factor authentication (MFA) can prevent these attacks.

3. Supply Chain Attacks

Supply chain attacks have become a growing concern, with cyber criminals exploiting vulnerabilities in third-party vendors to access larger organizations. This attack is hazardous as it often bypasses standard security measures.

When an attacker compromises a software supplier, they can access the data and systems of all the companies that use that software.

In 2024, Cybersecurity giant CrowdStrike got hit with a supply chain attack, resulting in a global IT outage. A seemingly minor oversight in the vendor network created an opening for hackers. They wasted no time infiltrating critical systems and stealing sensitive information meant to remain confidential.

Protecting against supply chain threats means more than just choosing a reputable supplier. It means examining each one under a microscope, making sure every software update and patch is squeaky clean. Boosting system security becomes much easier when we put the proper defenses in place.

4. Insider Threats

While external threats often capture the spotlight, insider threats —where employees or contractors misuse their access to data—are just as dangerous. Insider threats can result in cyber incidents that compromise an organization’s security and sensitive information, whether due to negligence or malicious intent.

At Tesla in 2020, a disgruntled employee leaked confidential information to a hacker to sabotage the company. Brushing close to catastrophe, Tesla fought off an impertinent assault, baring concerns it would rather keep hidden.

Safeguard your organization by limiting access and keeping a watchful eye on employee activity. Sometimes, we take our daily routine’s plain, unassuming aspects for granted.

Online safety requires knowledge, so cybersecurity education makes a huge difference. A comprehensive approach to insider threats must be part of employee support.

5. Internet of Things (IoT) Vulnerabilities

With the increasing use of connected devices, the Internet of Things (IoT) has become a fertile ground for cybercriminals. Many IoT devices are not designed with security in mind, making them easy targets for hackers. Compromised devices can quickly become highway access points for malicious actors, who then exploit them to infiltrate more extensive networks.

You’ll find the Mirai botnet behind the scenes of a massive 2016 cyberattack. One disastrous malware attack triggered a sea of problems as the cybercrook gang exploited many IoT devices with access to significant websites like Twitter, Netflix, and Reddit. 

The attack caused these companies to freeze operations, showing that malicious actors can transform even the most ordinary devices into weapons.

In the never-ending battle against bugs and glitches, keeping your firmware up to date is your strongest ally. Risks lurk in every corner regarding these devices; understanding them is your first defense.

Frequently Asked Questions (FAQs)

When is Cybersecurity Awareness Month?

Cybersecurity Awareness Month is an annual reminder to improve online safety every October. This event highlights the threats that hide in the digital shadows, urging individuals and organizations to step up their defenses.

Is Cybersecurity Awareness Month around the world?

While the U.S. originally initiated Cybersecurity Awareness Month, the event has gained global recognition. Worldwide, the campaign aims at raising awareness and helping enterprises safeguard their critical infrastructure, systems, and international business operations.

How can you protect your home computer in 2024?

In 2024, protecting your home computer requires a combination of tools and best practices:

  • Use a reputable antivirus and firewall to safeguard your system.
  • Keep software and operating systems updated to patch vulnerabilities.
  • Enable two-factor authentication for accounts.
  • Building robust defenses starts with crafting passwords that are impossible to guess. Think of random characters, letters, and numbers. Plus, a rock-solid password manager for locking down your digital valuables.
  • Any email or message with a weird link or unknown attachment should set off your alarm. Listen to your gut and avoid these digital interactions.

What three things does cybersecurity protect?

Cybersecurity efforts aim to protect three main elements:

  • Confidentiality: Ensuring that sensitive information is only accessible to authorized individuals.
  • Integrity: Safeguarding the accuracy and reliability of data.
  • Availability: Ensuring that systems and data are accessible to authorized users when needed.

A Shared Responsibility for Online Safety

As the world becomes increasingly digital, Cybersecurity Awareness Month serves as a vital reminder of the importance of protecting ourselves from cyber threats. The online world presents countless risks, from ransomware and phishing scams to supply chain attacks and IoT vulnerabilities. The public and private sectors must continue investing in cyber defenses to safeguard sensitive information and ensure a safer digital world.

Cybersecurity is a collaborative effort involving governments, private sector partners, and individuals who must take the necessary steps to stay safe online. By raising cyber knowledge and educating employees, communities, and individuals on the importance of online security, we can reduce risks and protect our digital assets. If you’re ready to take the next step in strengthening your cyber defenses, book a 10-minute intro call with us today. Let’s discuss how we can help you get a career safeguarding your digital assets and reduce risks in this ever-evolving landscape.

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Joy Estrellado

Joy comes from a family of writers, and that talent rubbed off on her! In 2011, she decided to become a freelance writer, specializing in – Tech/Food/Real Estate/ and worked with local and international clients. Over the years, Joy has always strived to get better at writing and editing, and it shows in the quality of her work. But helping others is also important to Joy. She loves sharing her knowledge and has mentored many aspiring freelance writers. Joy enjoys creating a welcoming and creative community for them all.

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