It’s Not If, It’s When: Understanding Cyber Attacks and How to Protect Your Business

In today's digital landscape, cyber attacks have become an inevitability. It's not a question of if your business will be targeted, but when. This stark reality underscores the importance of robust cybersecurity measures. At Fly Consulting, we are committed to helping you navigate this challenging terrain by providing advanced protection against ever-evolving cyber threats.

Understanding Cyber Attacks and How to Protect Your Business

No Business is Immune.

The recent cyber attack on Ascension Hospitals highlights a critical truth: no industry is immune to cybercrime. This breach had far-reaching consequences, affecting patient care, operational integrity, and financial stability. Such incidents serve as a wake-up call for all businesses, regardless of size or sector.

Small businesses can no longer fly under the radar of cybercriminals. In fact, they're being directly targeted because they're less protected and more vulnerable than large enterprises. The stakes are higher than ever, with advanced exploitation schemes, new threat types, and ransomware-as-a-service proliferating at an alarming rate.

The Stakes Are Higher Than Ever.

The statistics paint a grim picture. A staggering 62% of SMBs reported experiencing a data breach in the previous 12 months. Traditional IT security tools like antivirus and firewall focus on prevention, but hackers are finding new and innovative ways to bypass these systems and infiltrate SMB networks. 

So what happens when a hacker slips through the cracks undetected? How long will they spend dwelling in your environment? What sensitive information will they capture? And at what point will they deploy ransomware and fully encrypt your systems?

Transform Defense Into Offense.

At Fly Consulting, we've upgraded our security suite with industry-leading technology to take the fight directly to hackers. Our cybersecurity solution includes multiple layers of advanced software, smart policies, and technical experts, providing you with the peace of mind you need to focus on growing your business—not just protecting it.

Ready to talk features or take a look under the hood? Get in touch with us today to schedule a personalized consultation.

Managed Detection & Response: A Safety Net for Your Business

Understanding Cyber Attacks and How to Protect Your Business

To protect our clients from these evolving threats, we offer a managed detection and response (MDR) solution as part of our security service. This added layer of protection is designed specifically to look for hidden threats and "quiet" indicators of compromise that other tools miss. Think of it as a safety net or the backup cord on a parachute; if your primary defenses fail, MDR provides active threat hunting that can be the difference between a quick recovery or a major incident.

How MDR Works

1. Collect: Our software collects data from your desktops, laptops, and servers, and sends it up to a cloud-based engine for automated review. This process is invisible to users.

2. Analyze: Once captured, our threat operations team manually reviews suspicious and potentially malicious activity to eliminate false positives and identify real threats to your network.

3. Remediate: If an active threat is present, our team will isolate and remediate any infected machines. We'll also provide you with easy-to-follow instructions if additional work is required or if we need to coordinate with you directly.

Don't let your business become another statistic. Contact us to learn how our MDR solution can safeguard your operations against these sophisticated threats.

Business Email Compromise: A Growing Threat

Business email compromise (BEC) is a type of cybercrime where threat actors trick employees or organizations into sending money or sensitive information by impersonating high-level executives or trusted vendors via email. In 2022 alone, over $2.7 billion was lost due to BEC, with daily attempts averaging 156,000. 

Understanding Cyber Attacks and How to Protect Your Business

Common BEC Attack Types

1. Vendor Invoice Scam: Threat actors send a legitimate-looking email from a ‘trusted source’ to a targeted member of an organization asking for payment of services or goods. The invoice contains the attacker’s banking information instead of the legitimate vendor’s.

2. CEO Fraud: An employee receives a request from someone impersonating the CEO or another high-ranking company employee, asking for money to be sent for a legitimate-sounding reason, but to an illegitimate account.

3. Personally Identifiable Information (PII) Data Theft: This attack involves gaining the trust of unsuspecting individuals to share or steal sensitive data, which is later leveraged for malicious activities.

The Impact of Cyber Attacks

Cyber attacks have far-reaching impacts that go beyond immediate financial losses. The long-term consequences, such as reputational damage, operational disruption, and legal repercussions, can be equally significant. For instance, the breach at Ascension Hospitals not only compromised patient data but also eroded trust and disrupted critical healthcare services.

Don't let your business suffer the same fate. Our advanced cybersecurity solutions are designed to provide comprehensive protection and rapid response to any threat.

The Importance of Proactive Cybersecurity

Traditional IT security tools like antivirus and firewall focus on prevention—in other words, trying to stop cybercriminals from breaking down your front door. And while these still play an important role today, hackers are finding new and innovative ways to bypass these systems and infiltrate SMB networks.

Understanding Cyber Attacks and How to Protect Your Business

Who's Hiding in Your Network?

Hackers have become adept at slipping through cracks undetected. They exploit vulnerabilities in your system, often dwelling in your network for extended periods, capturing sensitive information, and waiting for the right moment to deploy ransomware or other malicious activities.

Hackers have upgraded their systems. It's time to upgrade yours. Schedule a consultation with us today to see how we can help secure your business against inevitable cyber threats.

At Fly Consulting, we understand that cybersecurity is not just about defense; it's about transforming defense into offense. Our advanced security measures ensure that your business is protected against the latest threats, providing you with the peace of mind to focus on what matters most—growing your business.

Ready to fortify your defenses? Contact us today to learn more about our comprehensive cybersecurity solutions and how we can help you stay ahead of cyber threats.