Thu | Feb 1, 2018 | 8:02 AM PST
Howard Marshall, Deputy Assistant Director of the FBI's Cyber Division, testified before Congress this week about the biggest threats to small and medium size businesses (SMBs), and how the FBI wants to work more closely with organizations on the smaller side of corporate America.
Top 3 cybersecurity threats according to the FBI
The FBI lists these cyber threats as the three most significant for SMBs:
- Business Email Compromise: "BEC scams have been reported in all 50 states and have resulted in hundreds of millions of dollars in losses to U.S. businesses and individuals." As SecureWorld recently reported, here is how to define business email compromise.
- Ransomware: "In short, ransomware actors are using more sophisticated tools that allow the malware to propagate faster, and the campaigns are becoming bigger and causing more damage." Researchers recently listed 5 ways digital extortion will change in the future.
- Internet of Things: "IoT devices could be compromised by cyber actors taking advantage of lax security standards and inherent device connectivity to increase the impact of cyber attacks, or as a pivot point into personal or corporate networks. Increased connectivity through IoT devices will only increase the potential attack surface for networks, as cyber security is largely under-prioritized from device design through implementation."
You can also read the FBI's complete testimony, which goes into detail about how the agency says it is getting better at working with business on information security.
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Cybercrime / Threats,
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