The opportunities for accessing information increase as technology develops. However, the ease of access to information makes it hard to protect its security. That is why, with the use of today's information systems in all areas of life, the concept of cyber attack has come to the fore. Protecting your data and technology from unwanted or uninvited access, corruption, stealing, and damage is the primary objective of cybersecurity. However, it may be challenging to do so. As Istanbul Lawyer Firm we provide you all the information you need to know about how to protect your business from a malicious act in Turkey.
Prevalent Types of Cyber Attacks in Turkey
There are some common types of cyber attacks in Turkey. Such types are as follows:
- Malware: Any malicious software attack that aims to harm or destroy a computer, server, customer, or computer network to steal personal, financial, or business information is referred to as malware. You can use anti-virus programs to safeguard your computer against common viruses.
- Phishing: It is a type of malicious activity that involves sending messages or emails while masquerading as a trustworthy person or entity.". It tricks users to download harmful files, click malicious links, and aims to seize private information such as credit card information, account number, and online password belonging to the account.
- Ransomware: Ransomware is malware that encrypts personal information and documents while demanding a ransom amount to decrypt them. When files are encrypted or locked with a password, the person is presented with a text file explaining how to pay the ransom and unlock the files for it.
- Passwords Attack: This type of attack, which can damage personal or corporate accounts by decrypting passwords, can be carried out with different methods. The most common method is finding the password by entering different password combinations one after the other by malicious software. However, it is possible to prevent this with two-factor authentication methods.
If you encounter digital threats or online security risks in Turkey, it is advisable to seek assistance from a Turkish law firm. In such cases, Istanbul Lawyer Firm and its qualified lawyers can help you to solve your problem.
High-risk Industries for Cyber Attacks
The first high-risk industry susceptible to malicious digital threats is financial institutions. Data files storing important data, such as personal information and financial information of clients, are kept in the servers of financial institutions. Therefore they are quite at risk for cyberattacks. To prevent cyberattacks and increase business security, organizations must detect potential vulnerabilities in their systems and start taking security measures. Educational businesses are also vulnerable to malicious digital threats. The increasing use of online educational systems has increased the vulnerability of the education industry to this kind of attacks as well. In the education field, there is exposure to the attacks like ransomware and phishing, in which hackers gain access to the personal data of the school, students, and teachers.
The Impact of Cyber Attacks on Businesses
Regardless of the size or reputation of your business, there is a potential vulnerability to malicious online activities, which can significantly impact your operations. However, there are some precautions that you should take to reduce the risk of being caught by malicious attacks. These may be making sure that the connection and device you are using are secure, choosing passwords that are not easy to guess, and not clicking on suspicious e-mails.
Financial and Operational Declines
A cyber attack can lead to financial and operational declines. As a result of this, you may face a loss of revenue since the customers may want to work with another business that can protect their data and information by providing cybersecurity. In addition, in case of a ransomware attack, you may need to pay the ransom costs which is also an expense for the business. Apart from direct declines, indirect consequences of cyberattacks include unplanned interruptions, decreased productivity, and a discouraged workforce. Thus, business growth cannot be achieved.
Reputational Damage
Trust is very crucial in customer relationships and any cyber attack can affect the reputation of your business. Also it can break this trust by publishing false information on your behalf or by stealing your customers' information. This can affect trust and lead to customer loss or sales loss.
Legal Regulations on Cybersecurity in Turkey
There are no specific cybersecurity laws in Turkey. Yet, there are general standards for the security of personal data under the data protection laws, such as the Personal Data Protection Law No. 6698 (PDPL). In today’s world, protecting personal data and providing digital security is very essential. Obligations of Data Controllers under Personal Data Protection Law No. 6698 (PDPL) are required to establish the proper administrative and technological safeguards to maintain the privacy and safety of personal data. Also, Law No. 5809, Electronic Communications, aims to provide cybersecurity in the electronic communications sector to public institutions, businesses, people, and organizations.
You can reach our previous article from https://istanbullawyerfirm.com/blog/the-benefits-of-having-a-power-of-attorney-in-turkey