SCTE Broadband - Dec 2024

FROM THE INDUSTRY

of larger businesses that have specialist teams in place to help prevent security breaches. “Unexplained data leaks is a huge indicator there has been a breach to your business and probably the most obvious one, but there are many more subtle breaches that may be taking place that you should be trying to monitor. “Unauthorised activity from employee accounts and any login attempts from unusual locations and unfamiliar IP addresses can signal unauthorised access attempts and should be monitored. “The sudden appearance of unfamiliar administrator accounts or changes in access levels could also show that an attacker has managed to gain elevated access in your business’s network. “And any financial anomalies such as unauthorised fund transfers should be taken care of immediately in case there’s any financial malware.”

businesses (50%) experienced some form of cyber security breach or attack in the last 12 months. For medium businesses the number was 70% and for large businesses 74%. 1 If a business suspects a breach it’s crucial to take action quickly to investigate the scope of the attack. Some of the specific business threats include unexplained data leaks, unauthorised activity from employee accounts new or unknown administrator accounts and a sudden increase in targeted phishing emails. Businesses may also see some financial discrepancies if there has been a breach. Unauthorised fund transfers or invoices paid to unverified vendors might be the result of a business email compromise or financial malware. Juliet Moran from TelephoneSystems. Cloud says: “It’s crucial for all businesses to take digital security seriously, and knowing what the key signs to look out for are can help to tackle any problems as quickly as possible. “Smaller businesses especially can benefit from knowing what to monitor, as they are more likely to lack the infrastructure

Businesses have been warned to look out for tell-tale signs their internet security has been compromised. With cyber security threats a very serious problem to businesses, online cloud experts from TelephoneSystems.Cloud have shared the signs that should be monitored to ensure that there has not been any breaches. When a business’s internet security is compromised, there are some unique signs beyond those that affect individuals.

These can range from operational disruptions to financial anomalies.

According to figures from The Cyber Security Breaches Survey, half of

1 https://www.gov.uk/government/statistics/cyber-security-breaches-survey-2024/cyber-security-breaches-survey-2024#:~:text=Half%20of%20 businesses%20(50%25),in%20annual%20income%20(66%25)

DECEMBER 2024 Volume 46 No.4

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