Executive Summary

The inside man:

This is the biggest threat to any organization. The employees within the organization can misuse someone credentials, or they can visit some malware-laden websites and they can also use compromised USB devices. Therefore, it is very important to implement a policy in which the employees have access to the resources they need to do their job. If the employees have basic training of cybersecurity risks, it will help them to be careful.

Ransomware:

This is the most common and highly occurring security threat. These kinds of attack focus on getting encrypted malware in the network of the business through phishing emails or websites and advertisement links. When this malware gets into the system it encrypts all the important file and make them inaccessible and then generates a message to ask for money to get access to the information. Using virus and malware scanner can solve the issue also if you have a remote backup of data it is very useful.

Unpatched Security Bug:

There can be security bug in the system that is targeted by the attacker, it might be fixed but was not patched properly it can get malware and give the back door to the attacker to get into the system. A proper patching schedule can fix this issue.

DDoS Attack:

Distributed denial of Service attack is very significant for any organisation it overwhelms the network traffic so the user cannot have access to the internet. It is used as a support factor to hide other threats that are affecting the system.

Hackers and retailers:

Nowadays it is getting easy for hackers to get into the network of the retailing departments. With the advancement in cloud computing, it is getting easier for the retailer to keep its record and important information protected. Physically keeping the data can cause the problem of storage or damage but cloud computing doesn’t have such issues. But it has given easy access to the hacker who use their skills to steal data from the stores. It is very important to keep the data safe.it becomes so much common that it doesn’t care rather the company is small or big, the hacker just need the information of the customers and they can misuse it.