Cyber

In today’s digitalized world, we know new risks are emerging every day and the GrECo team makes it their business to keep abreast of them. Connecting to the internet opens the possibility of a hacker targeting your organisation. And it’s not only large corporate organisations at risk. Small and medium-sized businesses are also vulnerable.

Cyber-events can have a range of impacts on your business including ransom demands, business interruption, corrupted data, and compromised personal information.

The following cyber threats can be significant, involving loss of data, blackmailing and the cost of rebuilding computer systems:

Ransomware: a type of malware designed to deny access to a computer system or data by encrypting the information and holding it “hostage” until the ransom is paid;

Phishing: a form of internet fraud where an attacker attempts to obtain sensitive information by pretending to be someone of familiarity through the use of electronic communication such as email or telephone;

Data breaches: an action where sensitive information is transferred from a computer or data centre to the outside world either intentionally or accidentally. This type of security incident can be damaging, costly and takes time to repair;

Hacking: criminally breaking into computer systems to damage or steal data is very profitable for hackers. Their motivation can be several reasons, like profit, protest, information gathering or challenge;

Insider Threat: the losses from insider cyber threats can be significant often because the insider knows exactly where to look to obtain access and how to overcome existing security measures.