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5 Reasons Why Cyber Security Is More Important Than Ever

Some people make the mistake of assuming that only larger companies need to worry about cyber security. However, hackers are also likely to target smaller companies due to the fact that they are more vulnerable. Here are five reasons why cyber security is more important than ever, regardless of the size of your company.

Increased opportunity for hackers

Cloud-based services can be great for businesses, allowing for more convenient file sharing and access. This is why being aware of your security is more important than ever- sensitive information needs to be properly protected so that only the people who should have the information can access it.

Massive damage

It is estimated that in the UK, over 4000 hacks take place each day. One example of this is ransomware, whereby a hacker can stop someone from accessing a system and demanding money in order to remove the ransomware. It is vital that security is put in place before the ransomware can be put on the system.

It is not just the IT department

People need to be aware that cyber security is not solely the responsibility of the IT department. Weak passwords, not updating and people clicking on the wrong link can all cause a lot of damage. This should be part of employee training, but everyone who can access data needs to be vigilant.

GDPR

GDPR (General Data Protection Regulation) is something that companies have to adhere to. While the threat of a fine should be sufficient motivation, it is also a good opportunity to review your systems and make sure that they are as secure as possible.

Another reason to take this seriously is that any data breaches not properly dealt with could be very damaging for the reputation of your company. While being hit financially can be challenging for your company, regaining the trust of your customers can be even more difficult, so it is worth investing in as secure a system as possible.

Be backup ready

Another key aspect that should not be ignored is backup and data recovery. For example, if you are hit by a ransomware threat, it is possible to bypass it and not lose any data. This will minimise any impact, and you won’t lose any money paying a ransom (incidentally it is recommended you do not pay money to a hacker, as you could end up getting targeted again.)

This is not the only reason to have backup and data recovery- for example, in the event of a natural disaster, this can reduce any delays caused by natural damage.

We can help

It is important to have the right setup that is appropriate for your business, both in terms of people working in the offices and anyone working remotely from other devices. At Digi Toolbox Ltd, we can look at your company and what will work best for you. For more information, contact us today, and we will be happy to discuss your needs in more detail.

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