Securenet Communication Solutions

Data is at the core of every business function today. With the growing threat of cyber-attacks that hold the capacity to access and destroy valuable customer and business data, cyber security has become an absolute necessity for large corporations, financial institutions as well as SMEs to counter such malicious activities. Although bigger companies have more to lose in the event of a cyber-attack, small businesses are equally vulnerable, making it essential for businesses of all scales and sizes to invest in the right cyber security solutions to protect sensitive data, intellectual property, protected health information, personally identifiable information, IT systems and software. 

Our reliance on technology is only expected to increase in the future, with majority of our data being stored in Cloud services and most of our functions being carried out through computers and AI. All this means cyber criminals and hackers will invariably become smarter and more dangerous. Your business needs effective cyber security measures that can provide stronger protection against hacking and cyber-attacks. Failure to do can cause damage to your business at many levels.

Loss of Data

The most vital area which needs robust protection from cyber crime is data. From customer information, confidential business data, and banking details, to passwords and IT systems and software, cyber criminals can break into your system and get access to all kinds of data, which can even lead to legal action against your organisation.

Loss of Trust & Reputation

Losing important customer and stakeholder data can also cost you the loyalty of your customers and partners. This can damage your company’s reputation and cause you to lose money, customers as well as employees. 

Delayed Business Functions

Emerging from a cyber-attack is not easy and straightforward. It may take a long time to repair the damage caused to the systems, which may need to be replaced completely. This will further delay your business functions from returning to their normal efficiency and cause your organisation to lag-behind. 

Exorbitant Costs

Cyberattacks can cause severe harm to your systems, which may require expensive repair work. Furthermore, any regulatory action that may be taken against your organisation due to the security breach can cost you thousands or millions depending on the scale of the attack and the size of your company.

Is Your Business Vulnerable?

Now that you know why cyber security is crucial for your business, the next essential thing to determine is how vulnerable your business is to malicious attacks. Small businesses often disregard cybersecurity as they believe their organisation is too small or is less relevant than the bigger ones. However, studies have shown that small businesses are more likely to be attacked due to the absence of proper cyber security measures. If your business allows the following, it could be vulnerable to hacking by cybercriminals.

Opening Emails and attachments from Unknown Addresses

This is a common route through which hackers can gain access to your system. Advise your employees to never open emails from suspicious email addresses and delete them straight away instead.

Easy & Common Login Details

Having common passwords that are used by multiple employees on different computer systems can leave them exposed to cyber-attacks. Passwords must be individual and complex.

Universal Access to All

By allowing all your employees and members access to important data, you may be increasing the risk of cybercrime against your organisation. It is important to compartmentalise data access to reduce this risk.

Use of Unsecured Devices

When data is accessed through unsecured devices, it provides an easier route for hackers. Employees should be advised to password-protect their devices and only access data through them when absolutely necessary.

Not Using/Updating Anti-Virus Software

While majority of companies now have anti-virus software in place, not all bother updating it upon expiration. Updating anti-virus software should be prioritised for all employees, regardless of any ongoing projects that could be temporarily disrupted.

Cyber security has gained prominence in recent years due to the ability of cyber criminals to crack even the toughest of security measures in large and small organisations. Engaging an experienced security solutions provider, like SecureNet Communication Solutions, to design and install security solutions tailored for your business is the best way to protect your company. Get in touch to know more.