Cyberattacks have impacted organizations of all sizes in nearly every sector on the globe. In 2021 alone, cyber threats were detected in almost all countries and territories. With the frequency and severity of cyberattacks increasing, it is more important than ever for business owners to take steps to protect their information technology (IT) systems from attack.
A cyber attak is an attempt to gain unlawful entry into a digital system to cause damage. Cyberattacks come in many forms and exploit several vulnerabilities, including malware, phishing, and system bugs. For this reason, it's critical for business owners to understand the threat posed by cyberattacks and how they may be prevented.
The risks associated with unaddressed cybersecurity threats are severe and can include:
Every business holds various forms of data, runs various IT systems, and serves a wide range of customers. It's important to consider what a cyberattack means for you and your company while protecting your organization.
For example, does your business handle sensitive data? If so, are you aware of the privacy laws applicable to your industry? Are you aware of how best practices are addressed in your region?
Hackers use various means to access systems and accounts. For this reason it's critical for all employees, but especially IT staff, to be educated on security measures that must be taken at all times. These include:
Security breaches can have a significant impact on an organization's bottom line. According to the Ponemon Institute, the average cost of a data breach is $3.86 million dollars. In addition to this figure, when a cyberattack occurs, organizations lose customers and see their stock prices plummet in tandem with their reputation.
In addition to the cost of a data breach, businesses lose customers and see their stock prices and reputation plummet when a cyberattack occurs. For this reason, it's important for business owners to invest in cybersecurity measures to protect their organizations from these costly incidents. If you want to be sure that your business will not have any problems with cybersecurity. You should invest in cybersecurity measures because they pay off. There are a lot of cybersecurity solutions out there and it can be complicated to decide on how you want to invest in cybersecurity. Which are;
Investing in cybersecurity (monitoring, logging, finding weak points) can help you meet the requirements of regulations in your country.
It is recommended to have penetration testing twice a year to make your cybersecurity is in place. You can request a pentesting from our cybersecurity experts. Also, you can use continuous and automated vulnerability scanning to reduce the likelihood of facing succesfull cyber-attacks against your apps.
Vulnerability scanning is a more affordable solution to take care of your cybersecurity needs. You can learn about the importance of vulnerability scanning from our blog if you’re interested in investing that.
People don't usually think about cybersecurity until they have a bad experience which can be avoided if you just know how important cybersecurity really is for every business.