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What is Cybersecurity for Businesses?
Cybersecurity for business is defined as the protection of internet-connected systems, including hardware, software, and data, from cyber attacks. In a computing context, security comprises cybersecurity and physical security.
Cybersecurity for businesses will continue to be one of the top investments business owners will make for the foreseeable future. Too often, business owners believe that only larger organizations need to take cybersecurity seriously.
Below, we’ve outlined a few common facts and misconceptions about who is a common security target, and what can happen to a business after a data breach.
Data Breaches Can Put You Out of Business
Not only do data breaches happen to small companies, but they often have a greater impact. A National Cyber Security Alliance Study found that 60% of small to midsize companies go out of business within the first six months of a data breach. The costs and reputation damage attributed to a data breach may be too much for most businesses to recover from.
Data Breaches Affect the “little” Guys Too
The media usually reports on data breaches that affect larger organizations like Target, Home Depot, and Sony, but did you know that a Verizon study found that 71% of data breaches happen to companies with less than 100 employees?
Employees Are Your Weakest Link
Most organizations have taken steps to protect their company by installing network firewalls, ensuring that their systems are regularly patched with the most current vendor security patches, and deploying and keeping their antivirus software up-to-date.
However, technology alone cannot stop cybercrime and data breaches. IBM’s study found that 95% of data breaches are caused by human error. That makes your employees the weakest link in your fight against cyber security.
Why Your Employees Need Cyber Security Training
The best way to minimize the potential risk of a data breach is to train your employees to avoid security threats. Training your employees on cyber security best practices and how to recognize possible threats is the first step in implementing a robust data security strategy.
We recommend employee security training that can solve this potential problem. Your comprehensive training program will inform and engage your employees on security best practices.
Your employee security training should cover:
- Phishing scams
- Ransomware
- Phones scams
- And the dangers of public Wi-Fi
Stay safe out there!
