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The News God > Blog > Tech & Autos > Common Cyber Threats
Tech & Autos

Common Cyber Threats

Rose Tillerson Bankson
Last updated: May 30, 2023 10:49 pm
Rose Tillerson Bankson - Editor
May 30, 2023
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6 Min Read
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According to Cisco cybersecurity surveys, 31% of organisations have at some point experienced cyberattacks on their operational equipment. A breach of cybersecurity is no longer news. Due to the severity and number of attacks, it is a subject that is finally being discussed. Data breaches will not stop, and Cookie Casino, like other gaming providers, must brace for the storm.

Contents
Data Breach Application User Interface (API) Security IssuesCloud AbuseVirus AttackInformation TheftHackingSingle Factor Passwords Internal ThreatThe “Internet of Things”

Some of the dangers casinos should be on the lookout for include the ones listed below. 

Data Breach 

Cloud data storage is becoming more popular and businesses are moving their data to the cloud instead of using conventional data storage techniques. Sounds safe, doesn’t it? Yes, to a certain extent. However, keep in mind that other virtual computers may access your data while you are backing it up offline. Therefore, your cryptographic keys are accessible to machines. 

It results from numerous programmes running in the same environment. You must be picky when selecting a cloud provider in order to fix that. You should also strengthen your encryption mechanism to prevent attackers from accessing your data.

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Application User Interface (API) Security Issues

You won’t only be using the UI if you have a cloud service provider. Why does that matter? Your service providers are primarily responsible for the security of that specific interface. Lack of strong security, from authentication to encryption, leads to breaches through the application user interface. 

The answer to this problem is for you, the customer, to pay close attention to the security precautions your provider has taken. Additionally, the encryption and authentication procedures must be rigorous.

Cloud Abuse

Unfortunately, misuse of cloud storage is possible. Infrastructure as a Service (IaaS), which is in charge of functionality, doesn’t have a secure registration process, which poses a significant danger. Was that supposed to mean that you can sign up and start using the cloud right away if you have a credit card? 

Because of its simplicity, the cloud is more open to spam emails, criminal activity, and other destructive activities. It is advised that cloud service providers create authentication and registration procedures to lessen the situation. They should also be able to keep an eye on credit card transactions. In order to stop cyber misuse, network traffic must be thoroughly analysed.

Virus Attack

Another result of breaches that you should be on the lookout for in 2023 is malware attacks. Malware attacks are actions taken by malicious software platforms that a system owner is unaware of. Malware attacks have a variety of causes. One is not having an internet security software program in place, as well as using bundled free software programmes, removable media, and file-sharing methods like BitTorrent. The answer to this would be to implement a rigid security system and ensure compliance.

Information Theft

Many factors can cause important data to disappear. Alteration, deletion, and usage of unreliable storage mediums are a few examples. Such a breach could have a negative impact on your company. 

For instance, a breach might harm a company’s brand, drive away clients, and deplete your financial resources. How will you stop this? The first step is to make sure the API security is strict. Use SSL encryption to further secure our data and assess the provider’s data protection policy.

Hacking

Hacking has long been a source of concern. How can we implement security measures to lessen the threat given that the trend might not alter anytime soon? More holes are being made in computer systems as the Internet of Things expands. 

Simply avoid disclosing your credentials because access to passwords and distribution of credentials are the usual causes of hacking. Additionally, if you offer services, you ought to impose limitations on sharing. To make sure that nothing unauthorised occurs, you can also take further steps to monitor the activity of your personnel.

Single Factor Passwords 

This might be the beginning of the end for passwords. Single-factor password usage poses a serious security concern. It makes data accessible to intrusions. Organisations must take their use of passwords more seriously in order to change the situation. The best course of action is to use multi-factor authentication.

Internal Threat

Insider threats will still be a significant source of cybersecurity breaches for organisations. Users are a weak link in organisations. Another significant risk to cybersecurity is former employees. Not to mention how crucial it is to keep an eye on the personnel, teach them to strengthen areas of weakness, and track their activity. Cybersecurity awareness training for personnel, activity monitoring, and testing are the solutions to this issue.

The “Internet of Things”

As noted earlier, the Internet of Things will experience growth in 2023. Through the Internet of Things, the majority of gadgets connect. Weak spots result from this. As valuable as the Internet of Things has become, there are a lot of worries about it. Security issues have been raised as a result of its adoption. 

Studies have revealed that the IOT has structural issues, such as insufficient security measures resulting from weak points. By properly establishing security solutions and increasing awareness, the threat can be significantly reduced.

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