Cybersecurity threats are getting more sophisticated, more frequent, and more expensive. Whether you’re running a small startup or managing an enterprise, staying ahead of these risks isn’t just smart. It’s essential.

Here are the top three cybersecurity threats businesses are facing right now, and what you can do to stay protected.

1. Phishing attacks are getting smarter

Phishing is still one of the most common ways hackers get their hands on sensitive company data. These attacks usually come in the form of emails or messages that look legit, often pretending to be from a coworker or manager, but are designed to trick people into giving up login credentials, payment info, or other private data.

🔍 A recent report found that 61% of employees have received phishing messages from someone pretending to be a colleague. That’s a massive security gap.

How to protect your team:

• Train regularly – Make phishing awareness part of your company’s culture.
• Use smart email filters – Block suspicious emails before they hit inboxes.
• Enable multi-factor authentication (MFA) – It’s an easy way to stop hackers even if they have a password.

2. Ransomware attacks are rising fast

Ransomware is a type of malware that locks you out of your systems or data until you pay up, and it’s becoming more common every year. In fact, attacks spiked by 68% in 2023.

Hackers often exploit unpatched software, weak security setups, or rely on phishing to get in. Once they do, the damage (and downtime) can be brutal.

How to lower the risk:

• Back everything up – Make regular backups and keep them stored securely offline.
• Keep software updated – Don’t ignore those update reminders.
• Limit permissions – Only give employees access to what they actually need.

3. Shadow IT is more common than you think

Shadow IT happens when employees use tools or apps that haven’t been approved by your IT team — like personal Google Drive accounts, messaging apps, or random Chrome extensions.

It’s usually well-intentioned (people just trying to get work done), but it can open the door to serious vulnerabilities.

One in three employees admits to using unapproved apps at work — and that’s just the ones who know they’re doing it.

How to stay in control:

• Set clear rules – Let employees know which tools are safe and supported.
• Monitor for unknown apps – Use software that can detect and flag shadow IT in real time.
• Offer better options – If your team turns to outside tools, it might be time to upgrade your approved ones.

Final thoughts

Cybersecurity isn’t just an IT issue, it’s a business essential. Phishing, ransomware, and shadow IT are all growing threats, but with the right tools, policies, and education, you can keep your business protected and one step ahead.

Want help building a stronger security culture or choosing the right tools for your Google Workspace? Let’s talk about Passwd – the best password manager for your Workspace.