As we have seen with the most recent “WannaCry” ransomware cryptoworm, it targeted more than 230,000 computers operating Microsoft Windows operating system by encrypting data and demanding ransom payments. It’s important to place proper security measures in place to ensure your business is protected from litigation in the event that you suffer a cyber breach. Fighting cyber-crime is expensive and must always evolve as new threats and methods emerge. Your company’s reputation is a big selling point to customers when they choose where they want to buy. Any number of people can easily tell where you are, and at what time of day by logging into the social network and looking at your profile. 45 percent of cell phone owners have smartphones, online Master's in Cybersecurity from Utica College, Learn more about how to file a complaint about distance programs or courses. If you fail to do so, you could face litigation and fines. Learn more about how to file a complaint about distance programs or courses. An online Master's in Cybersecurity from Utica College offers students advanced knowledge and hands-on experience in intelligence, critical infrastructures, and investigative principles as they relate to cybercrime in today’s digital age. A binary lock in cyber space. Your customers are prey to phishing scams, which involves tricking someone into sharing sensitive information like passwords or credit card information. As more businesses shift to cloud computing and save documents and information to cloud networks poses an additional cybersecurity risk. Spear phishing occurs when hackers target employees through emails that appear to be from colleagues within their own organizations, allowing cyber criminals to steal personal information. With advancements in technology, hackers are becoming more skilled at finding holes and cracks in corporate security systems and can gain access to protected files and data, posing a significant cybersecurity threat. When kids are cyberbullied, they often experience headaches, stomachaches or other physical ailments. Most cyber criminals … Technology, today, is simply all around us in everything we do, from work to our leisure time. While this technology is continuously emerging, it is crucial for companies to implement security precautions to combat the evolving trends. Contact Us to learn more about SOCaaS. The impact of cybercrime on your business is not only potentially damaging to your reputation but it could also be damaging to your intellectual property. The following examples are three ways that cyber-crime affects companies and their … With the progressive technology available today, hackers are able to send emails to employees disguised as others within the company … According to a 2013 study conducted by the InfoSec Institute, cyber crime … Though often protected by a password, most information is stored on a shared network. to speak with a knowledgable Admissions Advisor, 1-866-295-31061600 Burrstone RoadUtica, NY 13502, © 2020 Utica College Privacy Policy Website Terms & Conditions Sitemap. Be sure you have the latest protective software and firewalls installed, your networks are encrypted, and your employees are properly trained on how to securely process customer transactions. As mobile technology is continuously emerging, so are mobile cybersecurity threats. In terms of risk, particularly in the case of a national security risk, the cost is hard to calculate. 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