The top 3 cybersecurity threats business face in 2025
Posted: Sat Dec 21, 2024 4:46 am
For years, we've been writing about the risk that cybersecurity threats present to businesses. Cybercrime is on the rise, and businesses stand to lose more than individuals do. In this article, we'll examine the key cybersecurity threats businesses will face in 2025, and how to combat them.
Cybersecurity threats: 2024 in retrospect
A number of high-profile cybersecurity incidents indicated a canada phone number data growing trend of targeted attacks. In January, a Russian state-sponsored hacker group known as Midnight Blizzard(new window)breached Microsoft's corporate systems. In the aftermath, it emerged that the group was attempting to log into US federal agency cloud accounts to steal sensitive data.
In another incident, more than 2.7 billion Americans may have had personal data leaked by a data breach affecting National Public Data(new window), a background check company. The data includes names, addresses, dates of birth, Social Security numbers and phone numbers. A hacker group known as USDoD claimed to be selling the information, which included data from the US, the UK, and Canada. While not all of the information was found to be accurate, the warning is stark: Cybercriminals are attempting to acquire personal data to sell, most likely to data brokers. These attacks signal an increase of targeted attacks on personal data through business infrastructure .
Not only corporations and governments are being targeted: 2,825 businesses of all sizes in the US reported to the Internet Crime Complaint Center that they were affected by ransomware alone in 2024(new window), a 22% increase from 2022. Small businesses are less likely to be able to recover from the impacts of a cybersecurity threat due to the resources they have access to. 89% of small businesses surveyed by KPMG(new window)that have been affected by a cyber breach reported that it impacted their reputation, with a further 93% reporting that their ability to operate was impacted.
What does an increase in cybersecurity threats mean?
Businesses that have been impacted by a cybersecurity threat risk their reputation, as well as their financial security and may face legal consequences.
Cybersecurity threats: 2024 in retrospect
A number of high-profile cybersecurity incidents indicated a canada phone number data growing trend of targeted attacks. In January, a Russian state-sponsored hacker group known as Midnight Blizzard(new window)breached Microsoft's corporate systems. In the aftermath, it emerged that the group was attempting to log into US federal agency cloud accounts to steal sensitive data.
In another incident, more than 2.7 billion Americans may have had personal data leaked by a data breach affecting National Public Data(new window), a background check company. The data includes names, addresses, dates of birth, Social Security numbers and phone numbers. A hacker group known as USDoD claimed to be selling the information, which included data from the US, the UK, and Canada. While not all of the information was found to be accurate, the warning is stark: Cybercriminals are attempting to acquire personal data to sell, most likely to data brokers. These attacks signal an increase of targeted attacks on personal data through business infrastructure .
Not only corporations and governments are being targeted: 2,825 businesses of all sizes in the US reported to the Internet Crime Complaint Center that they were affected by ransomware alone in 2024(new window), a 22% increase from 2022. Small businesses are less likely to be able to recover from the impacts of a cybersecurity threat due to the resources they have access to. 89% of small businesses surveyed by KPMG(new window)that have been affected by a cyber breach reported that it impacted their reputation, with a further 93% reporting that their ability to operate was impacted.
What does an increase in cybersecurity threats mean?
Businesses that have been impacted by a cybersecurity threat risk their reputation, as well as their financial security and may face legal consequences.