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Why do cyber criminals want your data?

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A lot of business owners think that they are safe from cyber criminals because they do not believe that they have a website or data that is worth hacking. However, this couldn’t be further from the truth. Regardless of the reputation of the hacker, they will tend to attempt to infiltrate data of almost any company. In this article, we explain why your data might be valuable to hackers and what methods they would use to make it valuable to them. If you are a business owner, this is an article you ought to read.

What data do cyber criminals usually try to steal from you?

Typically, a cyber criminal will go after a company’s data because they will want to hold it to ransom against a business. They will believe that the data is valuable to the business and that a business owner will pay them to get it back. When a hacker steals data, it tends to come alongside a threat to release the data. That is why it is called ransomware, as the data is usually stolen using a software which allows the cyber criminal to steal the data and hold it to ransom. Often, the temptation is that a company will want to keep it quiet that there has been a data breach and will pay to get it back. However, a data breach should be reported to the relevant bodies and authorities, so the correct steps can be taken. Governing bodies often advise against paying the ransom, as there are other ways to deal with the threats.

As you can see, there is already a minefield of complications involved in a data breach for companies, which is why it is so important that the correct measures are taken to stop it in the first place. Becoming cyber safe and finding the right IT support company that offers cyber security is essential to your business. If your business does not have the right systems in place, then there is the potential for a business disaster to happen, and it can take a long time for an organisation to recover, if at all.

But what data will cyber criminals try to steal? Usually, a hacker will want data that they can hold to ransom. This confidential data usually includes personal email addresses, phone numbers, or other methods of contact. As a business owner, you might not think that the data you hold is of benefit to anyone, but in actual fact it leads the hacker to other routes. It might just be that your data breach is a gateway for the cyber criminal to gain access to other confidential data. If your business is small but supplies a bigger organisation, they may try to use this data as a route to the bigger company. Every company needs a budget set aside to ensure they are Cybersafe, and this doesn’t just mean having a secure website or password.

A cyber criminal can use your data to ransom a company or to gain access to a bigger business

There are some businesses that supply larger organisations, meaning their data is crucial to cyber criminals making money from their exploits. Hackers will tend to go after smaller businesses because they have a smaller budget for when it comes to cyber security. That’s why as a company, Neuways will tend to work with these businesses on a business model to ensure that they are still Cybersafe, without bankrupting themselves. Using a range of frameworks, the Cybersafe protocols work to protect the smaller businesses against the small-time criminals.

One thing to note is that a hacker would likely tend to start trying to hack a larger organisation because they see it as a challenge and it will boost their ego (and reputation) within the dark web and underworld. However, should they be frustrated in their attempts to hack the larger company, they may look towards a smaller organisation connected with that business. These businesses are naturally easier to target due to cyber security budget. What should alarm some business owners is how easy it is for data to be breached simply through human error. You can have the best cyber security frameworks in place, but that doesn’t mean your data won’t be infiltrated unless your employees are properly trained either. Neuways host phishing awareness training and managed security awareness training to employees and businesses who have not been trained. A simple click of an email in a place of business could lead to a potential business disaster. This is exactly why cyber criminals would want to steal your business’ data. Your data could open up to potential avenues for them to steal more valuable data from somewhere else.

See here for more information on phishing awareness training, where we provide examples of the most common types of phishing attacks and what the consequences are for business. Every Thursday we share the latest cyber threats from around the world which highlight the importance of being Cybersafe and employee vigilance.

What steps can you take to stop hackers stealing your data?

Data is valuable to hackers, as we have mentioned. There are important frameworks you can put in place to stop cyber criminals from accessing your data. Just speak to our dedicated cyber security team at Neuways who are able to help businesses become Cybersafe, Our East Midlands base allows us to meet clients all over the UK and help them implement a Cybersafe framework. If you are a business owner that does not think that your cyber security is as strong as it could or should be, Neuways are definitely the IT support company to help.

We can help to protect your data against any cyber criminals who are looking for an easy win. Our Cybersafe security event that was held at Neuways was pivotal in emphasising just how important it was for businesses of any size to protect their data.

Every employee should have multi-factor authentication on all sites and logins. Every employee needs managed security awareness training to ensure that your confidential data is not given away immediately and easily. Hackers may eventually get bored if they cannot hack into your site. Business owners need to be aware that every company is a target for cyber criminals. At the Neuways Cybersafe security event, Charlie McMurdie shared an example of a fencing company being targeted, because they supplied security fencing to a military company. This was a prime example of a smaller sized organisation being used so that a cyber criminal could attack a larger organisation. This cyber hack was likely to have been attempted by a state nation hacking group, rather than a lone individual.

So it is important that you contact Neuways to implement the right cyber security protocols in your business, as we help you to become Cybersafe.

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Contact Neuways to help your business become

Cyber Safe

If you need any assistance with cyber security assistance, then please contact Neuways and we will help you where we can. Just get in touch with our team today.

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Frequently Asked Questions

As a leading IT and technology provider, we offer three core services, all of which have additional add-ons. We offer Managed IT Support, Business Central implementation and consultation, as well as Managed Cyber Security. Call us on 01283 753333 if you are interested in any of our services.

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Managed IT support is a comprehensive solution where an expert IT provider, like Neuways, handles your technology infrastructure. This includes proactive monitoring, maintenance, cyber security, and support.

Yes we do. Your business needs Cyber Security due to the increasing number of cyber threats that are affecting businesses in all industries. If your business has data and technology systems implemented, you will need Managed Cyber Security.

Yes we can. We have our own dedicated Microsoft Dynamics 365 Business Central teams who work to ensure that we can implement the right systems and solutions into your website that are absolute right for you. 

Exclaimer Pro is a dynamic email signature that helps clients to switch and change around email signatures so that clients are able to advertise different offers and brands to a variety of email recipients. Administrators can also manage user emails internally, meaning the user does not have to touch their own email signature.

We offer Managed Security Training to help employees spot email phishing attacks, spear phishing attacks and vishing attacks. We also help train clients on how to use the various pieces of software we provide to clients, like Exclaimer Pro, Business Central and Cybersafe software.

We are a Managed IT Support provider based in Derby, East Midlands. However, we cover so many areas including the whole of the UK, Europe, and America. We are always willing to travel and send our expert technicians to ensure you have the best experience. 

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