Cyber-attacks have become more commonplace in recent years and the ways in which hackers and cyber criminals are finding ways to access computer systems is also evolving. It is one of the key reasons that businesses need to ensure that they have appropriate Cyber Liability Insurance in place. JMP Cyber Insurance cover is a great place to start looking.
When it comes to cyber-attacks there are many different types and here are just a few of them for you to look at.
- Denial-of-service (DOS) – this type of attack causes a computer system to become overwhelmed as they flood the system with information. This then means that the computer system can not perform its usual functions and prevents everyday tasks from being carried out.
- Malware – this is software that is placed on a system that contains viruses that then make the system inoperable as they delete key pieces of data from the computer system.
- Ransomware – this is software that looks for system weaknesses and then encrypts the data stored on the system and holds it to ransom for a fee. The cybercriminals ask for a ransom to be paid in exchange for them releasing the information.
- Phishing – this is a method used to try and steal sensitive information such as debit and credit card deauls. This is most commonly seen through scam emails and texts that are designed to look like they are coming from a legitimate source.