Did you know that hackers attack computers with an Internet connection every 39 seconds on average? If you assume that cyber criminals are too involved with big corporations to be concerned about your company, you should reconsider your preconceptions!
Hackers will not waste any time in determining if a company is new or established. They are always on the lookout for targets, and if the chance arises, they will strike regardless of the size of the company.
A successful cyberattack might cost you money and ruin your business and personal reputation.
We build computer networks for a single purpose: to store data. Everything we have on the network is for managing data access and use. In recent times, with the ability to put your company's data and apps on the cloud, this term has become a little more abstract. In reality, the cloud is merely another network that is managed on your behalf.
At the end of the day, business protection is what cybersecurity is all about.
Smaller organisations, that are already short on cash, may find it more difficult to avoid and recover from a cyber attack. But a shortage of funds is not an excuse to avoid taking the minimum precautions.
There isn't all doom and gloom, though; there are some steps you can take to determine how cyber-safe your business is.
What Is the Definition of Cybersecurity?
The world and businesses are more interlinked than ever before. It is simply unfathomable to imagine running a business without the internet!
The increase in connectivity increases the danger of cyber-crime. Be it data theft, fraud, or simple misuse. Data protection is paramount.
Cyberattacks such as corporate security breaches, phishing, and social media fraud are becoming more common as businesses become more reliant on connected technologies.
The process of securing critical systems and sensitive data against digital threats is known as cybersecurity. Threats to networks, apps, and data can come from both inside and outside an organisation.
Cybersecurity solutions are meant to counteract them. Keep in mind, though, that cybersecurity is not only about technology. Statistics show that more than 80% of cyber incidents can be traced to some sort of human error or misbehaviour.
What Are the Dangers of a Lack of Cybersecurity?
There are several dangers, some of which are more critical than others. Malware holding your whole system to ransom, an attacker sneaking into your corporate networks to modify files, using company computers to target others, or stealing critical company data are just a few of the threats.
Even with the best protection, there's no assurance that any of these things won't happen to you or your business. But there are actions you can do to reduce your risk.
How Can I Tell Whether My Company Is Cyber-Secure?
This is a difficult question to answer! You may ask a few questions to discover how safe your business is. Here are a few examples:
What is the company's policy on passwords?
What is our backup strategy?
Do we employ two-factor authentication?
Do we have a software update policy?
Which anti-virus and anti-malware software do we use?
Are the tools up to the task?
Are our personnel cyber-aware?
From the above, it is evident that comprehending all of the concerns is not an easy process. In fact, most company leaders find this unsettling, if not outright terrifying.
As a result, we recommend breaking this down into phases. Start with an assessment to identify any vulnerabilities.
Assess the Situation
The cyber threat landscape is always changing, which is why regular cybersecurity assessments are an important part of a comprehensive risk management strategy.
At all times, your company should monitor the cyber hygiene of its whole ecosystem, including third- and fourth-party providers.
By identifying the cyber threats that influence your security posture, a cybersecurity risk assessment may help you make better decisions about how to deploy finances to build controls and secure your network.
A thorough cybersecurity assessment is essential for establishing if your company is adequately equipped to protect against a variety of threats. You can start to look at technical remediation, and educating the workforce.
The purpose of a security assessment is to expose vulnerabilities and remedy security weaknesses. It also attempts to keep key stakeholders and board members updated about the company's cybersecurity posture, allowing you to make better judgments about how security initiatives may be applied in day-to-day operations.
Following the completion of a vulnerability assessment, you will have a better understanding of your company's cyber security position.
Stay Secure At All Times!
Now that you have a better idea of how cyber-secure your business is, you can begin to work on increasing the cyber-security of your company. You may get the sense that this all feels like a bit of a roundabout, truth be told it is.
Hackers are spending all of their time creating new cyber-attack methods and techniques. As soon as they try new ways to breach your company, you will need to update your company's cyber-protection.
As a result, companies of all sizes and sectors must reconsider their approach to cybersecurity to manage the risks successfully.
Why not contact us before it’s too late? We have extensive knowledge and experience in preventive cybersecurity processes.
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