According to Robert Muller, the Director of the Federal Bureau of Investigation, cyber-crime will soon replace terrorism as the most serious security threat that the United States faces. Cybercrimes have been on the rise in recent years and businesses are among the most common targets of cyber criminals all around the world (Awan & Blakemore, 2012). As a result, businesses face a daunting challenge of identifying the various threats that cybercrimes poses so that they can implement effective strategies to avoid them. The most common cyber threats faced by businesses are discussed below along with effective measures to avoid ...