Our greatest challenge in protecting YOU and other customers is resistance. Many business owners keep on saying to themselves, “this won’t happen to me” or “I have nothing that hackers want.” Or subconsciously they think that in case the hacking occurs, the harm will not be that huge. Ten or twenty years ago that could be true, but NOT TODAY.
“Daugherty lost large amounts of clients as many of them switched to other providers. Insurance companies refused to renew his coverage.”
The billing manager’s mistake enabled IT-skilled individuals to hack in, access the document and use it against LabMD for blackmail. At the point when Daugherty refused to pay them a “ransom”, the organization detailed a report to the Federal Trade Commission, who at that point came thumping on Michael’s doors.
The National Cyber Security Alliance revealed that one in every five small businesses have been victims of cybercrime last year – and this figure only states those that were reported.
Cyber attacks can damage your company’s reputation and lose your customer’s confidence. Worse, they may confront you with multiple class-action lawsuits and spread the news throug social media.
Data breaches are one of the biggest causes of fines and penalties that can destroy a business. The legal ramifications are so enormous that one company lost $575 Million in 2017 when it exposed nearly 150 million people’s personal and financial information.
Fines and damages are not the only damaging effects of data breaches. On top of that, there are operations interference, network downtime, delays, and piling of work. Loss of deals. Investigation and legal fees will devour your income just to figure out what sort of breach occurred and what information was compromised. IT restoration costs, if possible, to put back your operations again. Not to mention the huge taxing of your time.
Cybersecurity is a matter of proactive approach to us, and not merely reactive. Instead of waiting for things to break before fixing, we work continuously to prevent breaches from happening in the first place.
Vulnerability assessment uses non-invasive approach, both in the form of manual and automated scans, to identify security vulnerabilities and flaws in your system. We then prioritize them accordingly based on what areas need to be addressed first.
Penetration testing uses an invasive approach which to discover security vulnerabilities in your network. It simulates a real attack that would determine the robustness of your IT infrastructure.
Many businesses leave their network security to chance. If operations are running smoothly, you may think that proactive security monitoring is not a practical investment to make. Instead, think of the cost which averages around $150 per record, according to IBM and Ponemon Institute’s annual “Cost of a Data Breach” report.
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