Hackers – how and why?

HOW do hackers steal your data?

WHY do they do it?

Nearly every business I talk to is worried about cyberattacks.

Two of the most common questions I hear are “How do hackers attack?” and “What’s their motivation?”

When it comes to hackers, there are three common strategies used:

  • Social engineering.
  • Brute force.
  • Phishing emails.

Currently, phishing is definitely the most common and is continually evolving in sophistication.

A strategy known as “spear-phishing” is now being used to gain access to important emails and then use the formatting and details to create and send fake invoices to other members of the organisation.

So, be on the lookout for these types of attacks.

As for motivations, there are two main ones.

The first is money. A lot of hackers will steal your data and hold it ransom, forcing you to pay to get it back.

In these scenarios, perhaps only 50% of the time your data will be returned and at a significant financial cost.

The second motivation is simply wanting to inflict pain on your business.

This could be a disgruntled employee or simply someone who’s just out to start trouble.

These types of attacks are more dangerous and you’re less likely to get your data back in these situations.

There are lots of ways you can be attacked and lots of reasons why, so it’s best to be prepared for all possible scenarios.

Contact Tech Precision to see how we can help you get setup properly.

Craig Reynolds

Managing Director - Tech Precision Pty Ltd

After 25+ years of success working in small and medium-sized companies I found myself looking for the next step in my career; and decided to venture out on my own. I wanted to combine my passion for helping others succeed and prosper, while at the same time build my own company that provides opportunities and rewards for a like-minded team to grow and develop.

I acquired TP in 2017 and I’m proud to say we have evolved into a highly respected Managed Service business remaining relevant to today’s needs. Providing the right technology, systems and support to our clients certainly empowers them with the tools to help achieve their goals – however technology is consistently evolving and often a little confusing to understand if you’re not technically minded. In my opinion the quality of technical service a company provides is just as important as the business relationship, trust and communication between business partners - this is what really feeds my passion. I take as much satisfaction in focusing on TP’s strategic direction and growth as I do supporting and helping our clients achieve their business goals.

Tech Precision Pty Ltd