Data breach
A data breach happens when someone exposes confidential information. Data breaches can happen by accident, but cyber thieves also target websites and web applications to steal data that they can sell on the black market or use to break deeper into the company's network. Financial and medical data are common targets, but hackers can also sell student data, private correspondence and photos, and customer contact information.
Data breaches are costly, and not just in terms of lost income. Customers can sue if their private data is stolen and they can show that your company was negligent. National governments are becoming more aggressive in protecting their citizens' data, so large fines and legal sanctions are also a possibility. Data breaches can also destroy a business's reputation and the public's perception of its trustworthiness.
Denial of Service (DoS) and loss of website availability
A Denial of Service (DoS) attack is an attempt to crash a website by overloading its servers. A similar attack is a distributed denial of service (DDoS). In a distributed attack, the traffic is coming from multiple resources. This makes it more difficult to stop. You can block one source from flooding your web server, but it is much more difficult to keep hundreds, especially if the list is constantly changing.
Ransomware
Ransomware is a malicious code that blocks access to your website until you pay a ransom. Ransomware is becoming more frequent for small businesses and government municipalities. A criminal encrypts your computer files and user data, then offers to sell you a decryption key in return for cash (often Bitcoin or another cryptocurrency). This is a highly profitable crime because it costs less to pay the ransom than to regain access to business files any other way.
It has become so profitable that CISA and cybersecurity watchdogs warn that dark web users are offering Ransomware as a Service (RaaS). RaaS is a subscription-based business model where a criminal firm develops ransomware tools, then sells the tools to affiliates. When the affiliate uses the ransomware successfully, they pay a percentage of the ransom to the criminal firm. This removes the need for technical skills and opens up ransomware to anyone willing to pay the affiliate fee.
Cross-site scripting (XSS)
Cross-site scripting (XSS) happens when a malicious actor injects executable scripts into a website's code. When this is successful, the hacker is able to gain access to and control the website to impersonate people who have legitimate access to its website code.
SQL and code injections
SQL injections (SQLi) use SQL code to manipulate the databases connected to a website. SQL stands for scripted query language. It is used by database administrators to control the data in a database. An SQL injection bypasses the webpage to access the database directly. Once hackers access the database, they can destroy the sensitive information or copy it to sell on the dark web.
Stolen passwords
Most websites are secured by passwords. Passwords can be broken by software programs that try different combinations until they find one that works. Or in many cases, web developers use the default passwords that come with their web administrator account. If a hacker has the username and password to a website, they can do any amount of mischief or malicious activity, from defacing the webpage to making the files irrecoverable.
Steps you can take to secure your website
Be proactive when it comes to website security. You don’t have to sit still idly as bad actors wreak havoc on all your sites.
Whether you are installing frequent security patches, keeping on top of updating outdated software, or enabling automatic backups for your data, there are many painless ways to thwart hacking attempts.
How to secure a website can be complicated, but consider implementing the below measures to minimize your website’s security risk.