Category: Cyber Security

A cyberattack could damage or destroy a business depending on its purpose and severity. Twenty percent or more of small businesses that experience a cyberattack fail. The company’s reputation is severely damaged, prompting clients to flee. However, it would help if you examined the goal of the cyberattack. What are hackers seeking? Are they searching for sensitive information that could bring the organization significant market harm?

Disclosing sensitive data such as product development, supply chain information, supplier lists, customer data, and financial data such as income, revenue, or tax records to the wrong people at the wrong time could kill a business. One hack exposed the organization’s entire payroll and salary information to the employees, resulting in significant morale and employee relations concerns.

Occasionally, hackers are hell-bent on holding a corporation hostage by encrypting its data until it pays a ransom. A company’s capacity to properly recover could also be hindered by regulatory probes and penalties, stock price declines, and numerous litigations. Some employees, including executives, may ultimately lose their jobs.

Cybercriminals have numerous methods for capturing corporate data and exploiting their systems. Hackers frequently find ways to enter personal accounts to gain access to company records, sensitive data, and information. Cybercriminals target data storage systems with viruses, malicious attachments, ransomware, and social engineering techniques.

A cyberattack can imperil a company’s data and financial bottom line, as well as have a significant influence on its brand. The majority of businesses are unaware of the risk their data faces. Most do not take adequate precautions to protect their organization and customers from cyberattacks.

Effective Methods to Protect a Company Against Cyberattacks

• Comprehend All Aspects of Cybersecurity

• Inform and Educate Employees

• Identify Potential Cybersecurity Threats

• Follow Online Security measures

• Protect Employee Information

• Network Protection

• End-User Conformity

• Install a Reliable Antivirus Program

• Information Assurance

• Safeguard your passwords

Last, migrating to a cloud-based storage provider offloads your company’s security to a professional while enhancing employee flexibility.

Regarding cyberattacks against businesses, data theft is not the only danger. One of the most significant elements that hack influence is the organization’s trust and integrity. Business Disruption is an additional significant danger posed by cyberattacks. In addition, the corporation incurs enormous costs due to the cyberattacks effects, which include retrieving backups, lost productivity, altered business practices, and recovery costs.

In addition to the monetary loss caused by the cyber hack, the company must install new security measures to safeguard its resources from future assaults and regain its well-known clients’ trust, which incurs additional costs. Medium- and small-sized enterprises, which are the primary targets of black hat hackers due to weak security measures and inaccurate triage of where or by whom the attack was begun, face even more dire circumstances.

Individuals, businesses, and governments are always at risk from hackers, phishing, malware, ransomware, and other threats due to increased cybercrime. As cybercriminals continue to devise novel methods of disrupting the online world and profiting at the expense of others, there is a growing need for cybersecurity specialists who can resist these attempts and make the Internet safer and more secure.

Firms of all sizes employ cybersecurity specialists and industries to prevent data breaches and attacks. Before diving into this specialized profession, you should familiarize yourself with conventional cybersecurity career paths.

After mastering cybersecurity fundamentals, one must prioritize establishing core knowledge in a particular sector. The skills required to be a successful cybersecurity practitioner differ. Nevertheless, regardless of the subdomain you wish to explore, there are a few issues you should be familiar with. Not only must you study about these things, but you must also engage in actual practice to become proficient.

In addition, you must remain up-to-date with the most recent threats, as the landscape is continuously evolving, with new approaches, bugs, and viruses appearing. Learn tools and procedures, not simply how to utilize the tools; attempt to learn what is occurring in the background manually. After that, a degree and credentials could get you into the sector. Experience and talents matter.

If you are a beginner, this is the ideal time to begin a cyber security career. You only need to study the fundamentals and hunt for a company that can hire you. A qualification or two can improve your prospects.

However, the journey is difficult if you are in a different field. Changing domains and fields is typically tricky. Try to specialize in the security element of whatever technology you are in if you work in technology. Obtain certification in the technology’s security component.

If you are in a managerial position, you should attempt to oversee the security compliance of your team. This will prepare you for positions in Information Security Management such as CISO, CIO, etc. If you are in an auditing position, you should aim to participate in Information Security Audits and obtain certifications such as ISO 27001:2013 and CISA once you have acquired the necessary work experience.

Skillset

Technical abilities: Application security, data confidentiality, cryptography, network security, risk identification and management, DevSecOps, the cloud, automation, and threat hunting. Excellent written and verbal communication, problem-solving ability, analytical thinking, management, leadership skills, and agility are examples of non-technical skills.

Cybersecurity credentials

Certifications and degrees help you create a solid conceptual basis and get a good start in the cybersecurity profession. Since the area is continually expanding, there is a high demand for qualified experts who can assume responsibility without extra training or retraining.

Acquiring as much experience as possible is crucial to becoming a cybersecurity expert. There are numerous options for an aspirant to get relevant experience, ranging from structured internships to other related work experience and formal hands-on training.

Numerous network-focused professional cybersecurity communities and organizations aim to inform members about job vacancies and career advancement news. Participate in online and LinkedIn discussions to stay abreast of the most current cybersecurity knowledge.

Who should pursue this career path?

First and foremost, an aptitude for cybersecurity is required. Most people transitioning into this position have a history in IT and technology, project management, or tech support. Based on your experience, you can be hired for positions such as cyber security expert, cyber security engineer, security analyst, and so on.

In the coming years, cloud security employment is anticipated to be among the most crucial to cybersecurity experts. As organizations rely more heavily on these platforms to manage the security of these essential systems, there will be greater demand for qualified and experienced personnel.

As more and more businesses migrate to the cloud, the demand for cloud-focused cyber security expertise has increased. The change from the traditional server or on-premises architecture to cloud computing has generated a new set of security challenges that must be overcome.

The security needs have evolved alongside how employees interact with data. Data contained to the primary on-premise data center of an office building and could only be accessed via work Computers did not require additional protection. With the introduction of the cloud, employees may now log in from their smartphones, desktop PCs, and business laptops. You must be able to provide access whenever and wherever it is desired or required. However, you must also be able to protect it, and managing this paradigm is pretty tricky for security professionals.

The dilemma then becomes how to secure a worker’s phone. “They wish to download company information to their device, but ethically and legally, the security professional cannot install security software on that device. So how do I accomplish this? The cloud offers great flexibility and accessibility to the workforce, but securing it is an enormous challenge.

According to experts, just as security methods have evolved, so must the users. This is especially true for the type of Cyber Security professional most suited for Cloud Security responsibilities. People who have worked in the field of cyber security for many years often develop strict habits, but this way of thinking is incompatible with cloud computing. It employs numerous technologies, procedures, and systems and requires individuals with adaptive ways of thinking and functioning.

Cloud computing is still a relatively novel concept, so cloud security professionals are expected to be inventive. Many businesses are still in the cloud adoption stage. Since they have not utilized the cloud for a very long time, neither they nor their staff is well-versed in its operation. It would help if you consequently thought creatively as you navigate a path still being formed fundamentally.

Cyber security professionals that wish to focus their careers on cloud security could easily acquire the necessary skills for positions such as Cloud security engineers and systems architects. It would be advantageous to get knowledge and experience in data protection, identity access control, and networks.

This means that businesses of all sizes and in all industries will have a significant need for security personnel with expertise in cloud technologies. This region is ideal for those seeking to enter the cyber security field, advance their careers, and work with cutting-edge technology at the world’s most influential organizations.

Use online banking responsibly.

Since the emergence of online banking, several dangers to private financial information have emerged. Malware assaults are a form of danger that you must be aware of. Malware refers to malicious software written with malicious purposes. Frequently, these dangerous computer programs contain code written by cyber attackers. At login, the malware is configured to steal several account details, including your passwords.

Reduce cyber threats on mobile devices

Like any other personal computer, a smartphone contains a feature that makes it easy for hackers to gain access to it. Smartphones must be equipped with security features. Unfortunately, most smartphone users are unaware of security vulnerabilities.

Enjoy online gaming in safety.

As a result of high-speed internet, it is now simple and convenient to play online games. There are other games accessible, such as Sudoku and auto racing. Regarding the danger they pose, you must use extraordinary caution. Some may contain harmful strangers, spyware, malware, or internet predators who could deceive you into divulging sensitive information.

Update your computer software frequently.

All your software must be kept up-to-date, as your device will be at risk if the provider’s updates are not applied more frequently. In addition, you need to upgrade the core of WordPress and your organization’s network.

Employ antivirus and antimalware software

This is the installation procedure for antivirus software on your machines. Antivirus software is used to prevent, detect, and eliminate computer viruses. A computer virus is a program that replicates by changing and adding its code to other software. After successfully inserting the code, the virus is “infected” with the affected files.

Most prevalent are Trojan horses, computer worms, and other viruses. Artists are required to install an antivirus application on their computers. Their live performances, music compositions, films, and other media can become corrupted on the computer or laptop. In doing so, they risk losing access to vital information and data.

Server security

A server-side firewall should be reserved for potential SSL and CDN integration. There are available hosting plans and certificates that do not require you to share the server environment with other websites. An SSH server can also be authenticated using a set of SSH keys. This is an alternative to regular logins. A password consists of fewer bits than a key. The vast majority of current computers are incapable of cracking these keys. RSA 2048-bit encryption is equivalent to the 617-digit password. This key pair consists of a private and a public key.

Protection of payment gateways

You must ensure the security of the payment gateway provider and all other third parties that connect to your website. In addition, you must choose the encryption standards your payment gateway will utilize. A business employee who is not authorized to access customers’ private payment information should not be handled by a business employee. Any egregious violation might have a detrimental effect on a company’s reputation.

Utilize firewalls

If you do online business, your website host has already implemented a firewall on your server. It would help if you also considered acquiring one for your PC. A large number of security plug-ins already incorporate the firewall. You are informed when your computer becomes the target of an attack. The firewall will prevent any external entry.

Network Protection

Network security refers to the cybersecurity measures implemented to secure the network and data integrity. It seeks to protect any weak areas in your infrastructure, such as endpoints and servers, against internal and external threats. Network security encompasses all aspects of securing the local infrastructure of an organization, including its hardware components, software applications, cloud platforms, and networks.

Unlike cloud security, network security involves a broader scope of considerations, yet, both strive to protect an organization’s essential IT assets. It is up to you to choose which to utilize. Nevertheless, the complexity of your operation will influence your decision.

Most people envision an individual or equipment attempting to connect to a wired or wireless LAN without authorization when considering illegal access. The network security technologies that prevent this type of unwanted access for wired and wireless networks are network access control and enterprise mobility management systems.

Network security focuses on the techniques used to protect network-level data, applications, and resources. The fundamental objective is to prevent unwanted access to or between network infrastructure components.

Cloud Protection

The cloud is protected by cloud security. It safeguards people, data, apps, and other assets against unanticipated dangers. These dangers may be internal or external, with vulnerabilities and misconfigurations most likely entry points.

Cloud security is conceptually very similar to network security. In contrast, it is environment-specific and operates inside the boundaries of a cloud platform (and its specific ecosystem). For cloud security to be adequate, it must be implemented on three levels: the application level, the platform level, and the physical infrastructure that supports virtual machines (the infrastructure level).

Cybersecurity is becoming a crucial component of business operations. If your network lacks security, you risk having your data stolen or kidnapped for ransom.

Cloud security protects cloud computing’s data, applications, and infrastructures. Many issues of cloud environment security (whether public, private or hybrid) are identical to those of any on-premise IT system.

High-level security risks, such as unauthorized data exposure and leaks, inadequate access restrictions, attack susceptibility, and availability disruptions, affect traditional IT and cloud systems. As with any computing environment, cloud security requires you to maintain proper preventive safeguards.

Numerous firms utilizing cloud storage have exposed critical, potentially sensitive information. This leak was not deliberate, but it is also difficult to prevent. However, it has impacted them, their company’s reputation and integrity on the market, and their business possibilities. Installing cloud security is essential for preventing this kind of occurrence.

The cloud security systems impose access limitations on employees and anybody with authorized access to the data. They accomplish this by restricting data access to those who require it. This makes it far more difficult for anyone who seeks to leak or misuse the data. This considerably safeguards the companies’ data.

You must manage and consider several aspects that may ultimately affect your business. These are merely broad principles and points for comprehending why cloud security is crucial; your reasons may differ.

Ethical hacking is a legitimate practice that involves a white-hat hacker trying to gain unauthorized access to computer systems, applications, or exposed data. They imitate the steps or methods that a malicious hacker could take to get the information they need. Typically, it is used to identify security holes that can be fixed beforehand to prevent black hat hackers from manipulating them.

The digital business landscape of today includes ethical hackers as a critical component. They aid in locating and removing vulnerabilities in the system, aid in adhering to rules, and offer ethical hacking services to communities that need them. Additionally, ethical hackers make a respectable living and have a wide range of employment options at their disposal.

What Does an Ethical Hacker Need to Do and What Is the Importance of Ethical Hacking?

• Ethical hacking is carried out to eliminate any vulnerabilities that may exist in a computer system, and it is conducted with a vital understanding of the systems.

• Software corporations and other significant organizations use ethical hackers to break into systems to find flaws and appropriately fix them.

• In order to counteract hostile hackers that try to introduce vulnerabilities into the systems, ethical hacking is also used.

• Additionally, severe cybercrimes are curbed.

• For the large farms and businesses, having soft functioning in the cybersphere is a must of the hour.

• To engage in ethical hacking, one must have the company’s consent in writing.

• Additionally, in order to practice ethical hacking, the hacker must respect the company’s privacy.

• Once the hacker has completed the network’s ethical hacking, he or she must close the system to prevent further malicious activity.

• The hacker must alert the company’s software developers about any existing software systems before concluding the breach.

What Career opportunities for Ethical Hackers?

It’s crucial to understand the value of the CEH credential and education after earning any CEH certification or training. An applicant who has earned the CEH certification may look for work in a range of industries, including but not limited to:

• IT Security Management

• Auditor for cybersecurity

• Ethical hacker by hand

• Security Engineer for networks

• Internet security expert

• Engineering Network

• Information Security Manager

• The administrator of system security

• SOC Senior Analyst

• Cybersecurity Analyst

• Alert Analyst

What are an Ethical Hacker’s Responsibilities?

• The system and network resources should be described and organized.

• To determine the relative importance of the aforementioned resources

• To recognize potential risks to the relevant resources

• to develop a strategy for dealing with and ranking critical potential concerns

• to come up with and put into practice strategies for underestimating raid impacts

• to test target resources, such as online resources, hardware, and software

• Apply the most recent vendor fixes and service packs to keep all systems current

• To ingeniously develop novel solutions that can reduce all potential hazards and combat current hacking techniques

• to create reports on the current state of security and keep them on file as a reference for any unexpected situations

• to routinely check network and system resources for risks.

• to develop security-related policies, put them into action, and ensure that they are precisely executed

Cybersecurity is fascinating as a game against an unknown opponent. It is pretty complex, and you constantly speculate about the gaps you create. To create a login for a website, you must first block all vulnerabilities, ensure the version is up-to-date, and then look for a hacker workaround. Your purpose may be unclear because you’re protecting against a scenario that may not occur, for a company that may not know or care, and for assets that were of little value, to begin with. Your skill will bring you more excellent pay, and you will have a solid career.

As a Software Engineer, you will seek the shortest way to complete jobs and be more exposed to variance unless you are working on a small project for a firm, where you will focus on tiny tasks. Unless you are exceptional, the remuneration for software engineers is typically not as high.

After obtaining a Cybersecurity degree, it will likely be easier to acquire a career in cyber security due to the overlap between the two disciplines and, hopefully, a few certifications. Everyone requires cyber security, while software engineers may require it less. However, if cyber security is not your thing, consider software engineering. Compared to software engineering, a cyber security degree will give you significantly more comprehensive knowledge to address challenges such as data breaches. In software engineering degrees, cyber security classes are not needed.

If you have cybersecurity skills, you would be more likely to produce secure code and develop secure web applications. You will be able to avoid SQL Injection, XSS, and CSRF, among other problems.

Numerous websites are infiltrated due to web developers’ inexperience with the types of online threats that hackers may deploy. It is costly for businesses. Employing an ethical hacker is necessary to uncover and fix the faults that the ignorant developer introduced into the code. A corporation will lose money, clients, and reputation if hacked. In contrast, if you are both an ethical hacker and a web application developer, you will understand your task far better and be able to accomplish more.

Although it is unlikely that you will be able to master both, you will have a far more profound understanding of what you are doing. You will also stand out from the crowd and be more desirable on the job market.

How you individually think affects a great deal. Both vocations offer practically endless potential, depending on how they are approached. You will be successful if you are a self-starter who regularly investigates technical and commercial aspects.

Software Development could be a fantastic career choice if you enjoy working with creative individuals. Because new methods require collaboration, the classic notion of the odd individual in the corner is no longer applicable.

Cyber Security may be the appropriate field for you if you are an introvert. Here, numerous work opportunities are accessible. The most engaging work is performed in the disciplines of Cybersecurity and system audit and testing, often known as ethical hacking.

To what extent cybersecurity is difficult to understand is a question of opinion. If you are interested in technology, enjoy the challenge of tackling complex problems, and enjoy learning new things, you may find cybersecurity to be an intriguing and worthwhile career path.

It is natural to be intimidated by the prospect of obtaining the necessary technical skills for a career in the field. Some of these skills are unquestionably challenging, but with the right mindset and a game plan, you can establish the foundation for a prosperous and in-demand career.

Start with an introductory course that lays the foundation.

By participating in a Cybercert cybersecurity course, you will acquire fundamental skills in a structured learning environment and gain personal experience with cybersecurity. Utilize this opportunity to determine whether a career in information security aligns with your personal goals and interests.

Consider your passion for technology.

The concepts “difficult” and “challenging” are not synonymous. Learning cybersecurity may be complicated, but it need not be, especially if you have a strong interest in technology. Develop an interest in the technology you utilize, and you may find that challenging abilities become second nature.

Sometimes, the process of studying is sufficient to stimulate one’s interest in a subject. Engaging in a network of other security specialists may also be beneficial if you feed off the enthusiasm of others. Cybersecurity is an engaging, challenging, and rewarding profession, but it is not for everyone.

Every day, acquire new knowledge

Obtaining a degree or enrolling in a full-time Bootcamp does not have to be a full-time commitment to enhancing your cybersecurity skills. Spending a small amount of time each day could have a significant impact. Set aside fifteen minutes per day to focus on cybersecurity. Create a schedule for your study time and strive to adhere to it daily.

Become an Ethical Hacker

One of the most effective ways to learn is by doing. Ethical hacking is an excellent way to gain hands-on expertise with cybersecurity tools and techniques. As you gain experience, you may wish to investigate bug bounty programs, which compensate independent security researchers for discovering and disclosing vulnerabilities. This allows you to not only put your skills to the test in the real world but also network with other security professionals.

Training in a simulated environment

Numerous courses in cybersecurity include virtual laboratories where you may practice applying your knowledge to realistic settings utilizing authentic security technologies. Although having these laboratories available as part of a structured course is beneficial, you can obtain as much practice as you desire by constructing your virtual laboratory.

Combine it with occupational skills

If you need a vacation from technical skill development, devote some time to developing your workplace skills. As a cybersecurity specialist, you will need to explain complex concepts to non-technical audiences daily. You may also work with teams from other departments, like legal and public relations. Numerous careers in cybersecurity involve making snap decisions. This suggests that hiring managers are seeking candidates with critical thinking skills.

Participate in the cybersecurity community

Joining a group of folks with a shared interest in cybersecurity could be exciting. Joining a forum or online community can also help ask questions, gain inspiration, network, and learn about employment opportunities. If you’re not prepared to join a professional group, Reddit could be a great place to start.

Obtain a certificate

Preparing for a cybersecurity certification exam may also be an effective method of skill improvement. Certification may help you distinguish yourself as a job candidate by strengthening your resume. In any event, certain professions may require a license.

Employers who offer training should be approached

In the world of cybersecurity, both threats and technology are continually developing. Successful cybersecurity professionals are usually lifetime learners who continuously enhance their skills as the threat landscape evolves.

When looking for a career in cybersecurity, choose businesses that engage in continual training. This might potentially save you both money and time. When continuing education is needed as a condition of employment, it may be offered on corporate time and at company expense.

Without heavily relying on machine learning, deploying effective cybersecurity technology today is difficult. Nevertheless, machine learning is impossible to implement without a comprehensive, rich, and complete approach to the underlying data.

Cybersecurity systems may employ machine learning to analyze trends and learn from them to prevent repeating attacks and adapt to changing behavior. It may enable cybersecurity teams to prevent threats and respond swiftly to ongoing attacks proactively.

With machine learning, cybersecurity may be significantly more efficient, cost-effective, and proactive. Using algorithms, machine learning is the process of creating and altering patterns. To generate patterns, it would be beneficial to have a large quantity of diverse, high-quality data from several sources, as the data must reflect as many possible outcomes from as many distinct circumstances as possible. Following essential areas could be advantageous.

Already, machine learning is utilized in cybersecurity. However, most of this effort is devoted to detecting and mitigating malware. Nearly every primary antivirus/IPS provider claims to use machine learning and AI to increase detection rates.

Numerous spammers and fraudsters utilize fake identities on social media platforms to collect sensitive data, disseminate fake news, and make online social media platforms vulnerable and unsafe for users. The active participation of businesses and the detection of these fraudulent identities launched on social media platforms play a crucial role in the security of online social network providers.

Although numerous detection strategies, such as keyword type, engagement type, based on postings, and multiple connections, are utilized, machine learning detection is recommended for deep learning and precision.

Collecting, organizing, and arranging information

It all depends on how you collect and organize data. In addition to gathering information regarding the hazards, you must also acquire information about everything that transpired. It must offer information on machines, applications, protocols, and network sensors. It must connect what is observed on the network to what is observed at the endpoint.

Today, it is hard to build successful cybersecurity technologies without primarily depending on machine learning. In addition, machine learning cannot be adequately implemented without a thorough, rich, and complete approach to the underlying data.

Why is machine learning so crucial to cybersecurity?

Multiple reasons. Using machine learning, cybersecurity systems can study trends and learn from them to thwart similar assaults and adapt to shifting behavior. It enables security teams to be more proactive in preventing threats and responding to active attacks in real-time. It can reduce the time spent on mundane tasks and help firms strategically allocate resources.

In contrast, machine learning can potentially make a significant and lasting impact on cybersecurity. However, cybersecurity will continue to be a human endeavor because automation and machine learning cannot always be relied upon, and knowing hackers, these techniques could fall prey to an attacker, as occurred when the majority of antivirus companies identified a simple C program that prints “hello world” as malicious.

Trojan

A Trojan is a software that masquerades as something it is not to gain access to a computer and install malware. In other words, a Trojan is a virus that conceals itself. A Trojan may be a harmless file downloaded from the Internet or an email attachment containing a Word document. Do you believe the film you downloaded from your preferred peer-to-peer (P2P) website is safe? What about your accountant’s “important” tax document? They may harbor a virus, so exercise caution.

Worms

Even though the terms are occasionally used interchangeably, worms and viruses are different. Worse, the titles are sometimes mixed into a bizarre and contradictory word salad, such as “worm virus malware.” It is either a worm or a virus, but not both because worms and viruses are different but connected threats.

As previously stated, a virus requires a host system and user interaction to replicate and spread from one system to the next. On the other hand, a worm does not require a host system and can spread over a network and all connected computers without human interaction. After entering a system, it has been seen that worms release software (usually ransomware) or open a backdoor.

Ransomware

Ransomware is a type of malicious software. Does ransomware prohibit victims from accessing their system or personal data and demand a ransom payment to recover access? If this is the case, you have a ransomware infection. The first ransomware was a virus (more on that later). Computer worms are the most common source of ransomware, which may spread from machine to machine and across networks without user intervention.

Rootkits

Rootkits are distinct from viruses. A rootkit is a software program that gives attackers administrative or “root” access to a computer system. In contrast, rootkits cannot self-replicate and do not spread between computers. Although some rootkits have legitimate uses, such as providing remote end-user support, most rootkits open a backdoor on victims’ systems, allowing viruses, ransomware, keylogger programs, and other forms of malware to be installed or the system to be used for further network security attacks. To prevent the discovery of malicious software, rootkits frequently disable antimalware and antivirus software on endpoints.

Rootkits, available for purchase on the dark web, may be utilized during phishing attacks or as a social engineering tactic to convince victims to enable the rootkits to be installed on their computers, thereby granting remote cyber criminals administrative access to the machine. Once installed, a rootkit gives the remote actor access to and control of virtually every aspect of the operating system (OS).

Software error

Even though a virus is sometimes referred to as a “bug,” software flaws and viruses are distinct. A software bug is a flaw or error in the computer code that makes up a specific application’s software. Software faults may cause unexpected behavior in programs that the creator did not anticipate.

Because computers could only handle dates up to 1999, the infamous Y2K bug caused programs to display the wrong date; the year rolled over to 1900 after 1999, like the odometer of an old car. While the Y2K problem was relatively harmless, certain software flaws may threaten customers. Cybercriminals may exploit vulnerabilities to gain unauthorized access to a system, enabling them to install malware, steal sensitive data, or install a backdoor. This is what is known as an exploit.