It is hard to imagine modern-day businesses without computers. Routine maintenance is necessary for our yards, teeth, or beards; this is no exception in the digital world. There is plenty of information about malware maintenance, but not much is said about why it is necessary.
Your data is one of the most important assets. Reports show that 84% of consumers will stay loyal to companies that have strong cybersecurity protocols in place. A data breach will break your customers’ trust, affect your reputation and market performance, and cost you millions of dollars. So, what can you do to protect your business data?
With most of the world switching to remote work because of the pandemic, we’ve also noticed an increase in phishing attacks. According to an IMB report, there’s been a 2% increase in phishing attacks between 2019 and 2020, mainly because of the pandemic. And, there are no signs that the attacks are slowing downs – quite the contrary. When a business becomes the victim of a phishing attack, the stakes can be incredibly high. More often than not, hackers aren’t trying to steal money, but data. And, a data breach caused by a phishing attack can affect your business tremendously.
The internet has changed the business world as we know it. While most businesses will profit from being online, a lot of them still aren’t aware of the risk cyber threats pose.
According to a recent IBM report, the average cost of a cyber attack in 2020 was as high as $3.4 million. Moreover, it can take businesses up to 200 days to recover from that attack. The average cost of ransomware has also increased in 2020 to $200,000 compared to $5,000 in 2018.
So, why are small businesses prone to cyber-attacks? Here are four mistakes that they are probably making:
It can be tempting to think only Fortune 500 companies or Multinational Corporations are prone to data breaches. While these large enterprises make headlines, mid-sized and small businesses are also impacted significantly. These businesses are at a higher risk since their information is easier to access, and they don’t have the resources to track the malicious parties. Here are reasons why you should invest in network security for your small business:
According to a recent study, 43% of all reported cyberattack cases target small businesses. This is a startling statistic, considering that most small businesses do not have the proper security measures to prevent such attacks. To make matters worse, many of these businesses don’t even have insurance to cover the damages caused by these attacks. So, what can small businesses do to prevent themselves from becoming victims of cyberattacks?
Small businesses are the backbone of the American economy. They make up 99.7% of all businesses in the country and employ just over half of the private sector workforce. So, it’s no surprise that cybercriminals are increasingly targeting these organizations with ransomware and other malware attacks. Luckily, a firewall can be a small business’s best line of defense against these threats.
As a small business owner, you know that protecting your data is essential. Unfortunately, hackers are always looking for vulnerable businesses to exploit, and if your data falls into the wrong hands, it could be disastrous. In today’s piece, we’ll discuss some tips on making your small business network secure. By following these tips, you can rest assured that your data is safe and protected from hackers!
Almost every business is using a distributed workforce these days. And it makes sense— a distributed workforce lowers operation costs, increases employees’ flexibility and improves their experience. But with this increased flexibility comes an increased risk of cyberattacks. Business owners need to be aware of the dangers and take steps to protect their workers and their business. In this article, we’ll discuss some of the ways you can protect your distributed workforce from cyber threats.
No matter how small your business or how much revenue it’s generating, do not assume hackers are not interested in your assets. From valuable data to the personal information of your clients and employees, there is a lot of money to be made by breaching a small business.
By strengthening your cyber security efforts, you can effectively protect these assets from even the 4 most common cyber security threats facing small businesses.