Cyber Warfare. Current World Events Are Effecting Your Business.

Published January 13, 2023
QuickBooks Hosting and Cyber Security

In 2023, cyber warfare has become a major concern for governments, businesses, and individuals worldwide.  The increasing use of technology in all aspects of life has led to a greater reliance on the internet, making connected devices and services a prime target for malicious actors. 

The 3 primary areas of concern noted by the FBI and CISA are; 

  • Hacking-for-profit or Ransomware-as-a-Service 
  • Infrastructure attacks 
  • Espionage 

Hacking-for-profit or RAAS. Criminal organizations and individual hackers are regularly targeting businesses in an attempt to steal sensitive information, such as financial data and personal information, which can be sold on the dark web. Additionally, hackers are often looking to cause disruption and hold-ransom the operations of a business. The number of ransomware attacks has increased in recent years, with hackers demanding ever larger sums of money in exchange for the decryption of stolen data or release of operations. 

Infrastructure attacks are also becoming more common starting in 2022. These attacks target critical infrastructure, such as power plants, water treatment facilities, and transportation systems, with the aim of causing widespread disruption. In recent months, multiple infrastructure attacks have been reported, leading to power outages and transportation disruptions. These attacks have caused widespread panic and have highlighted the need for increased security measures for critical infrastructure. 

In response to these cyber threats, governments and businesses are investing heavily in cybersecurity measures. Many are implementing advanced security technologies, such as artificial intelligence and machine learning, to detect and prevent cyber attacks. Additionally, there is an increased focus on employee education and awareness to help prevent human error, which is often the cause of security breaches. 

Despite these efforts, the threat of cyber warfare in 2023 remains significant. The use of technology in all aspects of life will continue to grow, making anything connected to the internet a prime target for cyber-attacks. It is crucial that governments, businesses, and individuals remain vigilant and take the necessary steps to protect themselves from cyber threats. 

At gotomyerp we carefully constructed our infrastructure to have; Multi-redundant AWS Regions, Included Continuity Plans, Back-up and Recovery, 2 Factor Authentication and Identity Access Management and the number one factor that helps us mitigate cyber issues, no email permitted in 100% of our fleet of customers, ever.