A cyber-attack on a company can have devastating consequences, often involving the loss of significant amounts of money, creating a potential loss of confidence in existing customers, causing problems with the ability to actually trade, not to mention the possibility of running afoul of the law in your responsibilities to properly store and protect important data. Once a company has been hit, the response to it is likely to cost additional large chunks of money to repair the damage and make the system secure. The smart business owner today, is well advised to address the situation, while the horse is still not out of the stable.
Identifying Potential Threats
It is said with burglaries, that if a thief really wants to get into your house, then it is highly likely that they will actually be able to do so, regardless of the security provisions you have put in place. For any company being 100% protected against cyber issues is almost the same predicament, as the hacker of today has a set of highly sophisticated
Financially, it is likely to be significantly cheaper in the long run, to take measures which fully protect your business, than have to deal with the aftermath of a successful penetration of your company and its data.
In 2017 a report found that data breaches cost companies an average of $3.6 million each, sufficient to easily wipe some of them out. Employing a specialist like that of CXO Security Australian managed IT security service provider can dramatically reduce your chances of being hacked.
For many businesses the primary weak point is its own staff, in combination with either no policy on security, or one that is very loosely enforced. Many companies policy regarding passwords is either weak or non-existent, while people working remotely are becoming more common, cybersecurity to cover them has not caught up sufficiently to ensure remote working remains safe. Very few companies have adequate provision, which is very dangerous, given that a hacker can send an email which appears to the recipient to be internal, which of course once opened provides the gateway to precious data. Malware can infect a computer while someone is browsing the internet, installing malicious software to break open defences, while the reports of Ransomware, where hackers compromise your system and demand payment to return your data is increasing at an incredible rate.
Cybercrime is most definitely on the rise, and a thief will normally try to look for the easiest target, which means that if you do nothing about your IT security, chances are it is only a matter of time before you find yourself identified as a soft target, with more than half of companies recently surveyed reporting at least one attempted ransomware attack last year. An IT security service provider is probably your best possible chance of avoiding being hacked, and the associated aggravation and calamity that can accompany it.