As businesses are operating in an increasingly digitalized society, it is more important than ever to guard against a wide range of cyberattacks. Read more: https://www.alfredpobi.com/event-threat-detection/

1. The Effects of
Cybercrime
Professional
ALFRED POBI

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C
riminals continue to develop new methods of extracting
financial and personal data from businesses, and it is
essential to be aware of the different methods used to
breach security defences.
The consequences of cybercrime can be far reaching; although
financial losses can be devastating, companies can also be
subject to disruption to their day-to-day operations and rep-
utational damage.
Common Types of Cybercrime
There are a variety of methods employed by fraudsters to gain
access to funds and sensitive data. Extremely prevalent is the
use of phishing, when malicious actors impersonate companies
or individuals in order to trick people into disclosing financial
As businesses are operating in
an increasingly digitalized so-
ciety, it is more important than
ever to guard against a wide
range of cyberattacks.

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Alfred Pobi
The Effects
of Cybercrime
or personal data. Businesses must also guard against the use of
malware: malicious software that includes worms, viruses and
trojans.
Hacking enables cybercriminals to gain access to computer
systems or accounts, while identity theft refers to the theft of
an individual’s personal data in order to fraudulently imper-
sonate them.
Any Business Can Be Targeted
Cybercrime does not discriminate. Small businesses may wrong-
ly assume that they are unlikely to be targeted by fraudsters.
However, statistics show that small businesses are more likely to
suffer the consequences of cybercrime than large corporations.
This is why it is crucial to employ robust security measures.

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For more information about
this topic, visit the blog of
Alfred Pobi.