Why Does This Partnership Matter?
This partnership is a stark reminder of the severity of cybercrime. According to a UK Government survey, nearly 40% of businesses experienced a breach or attack last year, with phishing attacks representing over 80% of incidents. In fact, phishing alone increased by 700% in the first six months of 2021. Employees of Three UK will benefit from this partnership since, once installed, Corrata’s mobile threat defence solution will protect their phones from phishing attacks over WhatsApp, email, and SMS. It will also block offensive content and defend against malicious apps. Cybersecurity is a problem that has to be addressed by every company, not just Corrata, and Three UK. By 2025, cybercrime is going to cost companies worldwide $10 trillion. Even organizations like Apple are trying to address cybersecurity challenges, urging users to update to iOS 15.5 after discovering over 20 security issues on the previous version. As per Notebook Check, Apple’s 15.4.1 version had other issues like increased battery drainage. Certainly, making sure programs are up-to-date is one of the best ways to protect yourself from potential cyberattacks. Many believe this was the reason behind the devastating 2017 NotPetya cyberattack, which cost pharmaceutical company, Merck, over $850 million in damages after its Microsoft system was infiltrated because it lacked an updated security patch.
Protecting Yourself Against Cyberattacks
There are other ways to protect yourself from cybercrime, too. For example, you should use a different password across different accounts. Again, this is thought to be the reason for the 2021 Colonial Pipeline cyberattack, where experts believe an employee of the company used the same password from an account previously exposed to cybercriminals. According to this recent ExpressVPN article on global password selection, not only should your password be different for all of your accounts, but it should also never include common personal details like your first and last name. Typically, strong passwords are between 12 and 15 characters long, and you can use an encrypted password manager to remember all of these passwords.
When it comes to mobile malware attacks, you should avoid downloading unknown malicious apps on the app store. Even if these apps look legitimate, they may contain spyware or other types of malware like ransomware or Trojan horses. You should always ensure you’re using a reputable app store like iOS to decrease your chance of downloading malware-infected apps. Additionally, you should never jailbreak your mobile device, as this leaves you vulnerable to cyberattacks. According to DataProt, there are over one billion malware programs, and Corrata’s recent partnership with Three UK has been an important real-world reminder of how cybercrime is increasing. As a result, companies need to ensure they are doing everything to protect not just their networks but the security of their employees too. Fortunately, with the advancements in technology, there are several methods that promote good cybersecurity practice.
