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Flu Season Is Tapering but Cyber Viruses Are In Full Swing – Know the Strands

By Olivia Munro,
Thursday, March 8th, 2018

Flu season is currently in swing, and hopefully your firm has taken precautions to protect employees from illness, and has a Business Continuity Plan in place to ensure operations run smoothly in the event of an outbreak. In addition to being prepared for flu season, it is crucial that your firm be prepared for other types of virusus - those that infect your IT infrastructure! With cyber-attacks on the rise and becoming increasingly more sophisticated, firms need to take extra precaution to protect themselves against viruses and malware that can potentially harm their firm.

A virus is a program that can infect a computer system and replicate itself, allowing it to spread from one PC to another over a network. Typically, a virus will replicate itself by attaching to an executable file that is part of a legitimate application. When the user attempts to launch that program, this activates the virus, which enables it to corrupt or alter files on that computer and spread to other applications on the network. Viruses can also be spread via removable media, including USB drives, DVDs, and CDs.

Viruses and Malware to be Aware of:

  • Trojan: A Trojan horse is a malicious program that disguises itself as a legitimate application. The user initiates the program, believing it to be performing a desirable function, but it instead allows the invader to gain unauthorized access to the user’s PC and the information that is stored there.

  • Botnets: Norton defines botnets as a string of connected computers coordinated together to perform a task. Botnets are not necessarily used as a malicious technology, however they can be used to harm your firm. Botnets gain access to your computer, either through a manual hack or sometimes through a software program that scans the Internet looking for holes in security. Botnets often use a Trojan horse access your computer, they can then steal important financial or confidential information to cause your organization harm.

  • Scareware: Scareware is a type of malware that uses scare techniques and tactics to coerce users into exposing their computer to malicious software such as fake antivirus protection or fake virus removal.

Here are a few basic security tips to keep your IT environment safe:
  • Ensure that all anti-virus programs are up to date. Malware creators are regularly working to find ways to penetrate a firm's environment. At the same time, anti-virus companies have their teams working to identify the next malware code and update their software to protect against it.

  • Ensure that all patches are deployed in a timely manner. Malware creators are becoming more sophisticated, so it is important to have the most up-to-date versions of all security programs. Software providers, such as Microsoft, release new patches on a regular basis so make sure your systems stay up to date.

  • Deploy a program that constantly scans the network for malware and removes threats. Again, a number of vendors exist, so be sure to check with your IT resources to choose one that fits your firm's specific needs.

These are just a few types of viruses and malware to be conscious of when looking at the levels of security surrounding your firm’s data and some helpful security tips for preventing them from intruding on your systems.

For more in-depth information on cybersecurity gaps and how to avoid them, download out FREE eBook, 10 Common Cybersecurity Gaps and How to Avoid Them.

Cyber Gaps eBook

For more information on how Eze Castle Integration can help your firm prevent cybersecurity attacks, contact us here.

Categorized under: Security  Hedge Fund Operations  Infrastructure  Business Continuity Planning  Software  Trends We're Seeing 

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