Did you know that 68% of business leaders fear their cyber security risks are rapidly increasing? With COVID-19 and an increasing number of people spending more time online, the need for proper cyber security efforts has become much more important.
Ensuring your business maintains your private data and information can be difficult on your own. Rather than risk the loss of customers, profit, become subject to government fines, financial disaster or lose your business altogether, reliable telecom services can provide you with the cyber security you need. Here at 561 Communications, we’ve compiled a list of everything you need to know about cyber security.
Here’s what you need to know about the importance of cyber security:
- What Does Cyber Security Entail?
- Increase in Cyber Crime
- Pros of Premiere Cyber Security
- Cons of no Cyber Security Efforts
What Does Cyber Security Entail?
Cyber security entails the process of protecting and recovering computer systems, networks, devices, and programs from any type of digital attack. Cyber attacks are becoming increasingly more sophisticated as attackers employ new methods of artificial intelligence to encroach upon your sensitive data. As 80% of businesses hit with a cyber attack go out of business within 6 months, protecting your important information can be extremely valuable.
Increase in Cyber Crime
Company data and information theft has become the most expensive and fastest growing portion of business related cybercrimes. With the increasing exposure of identity information on the internet via cloud services, many businesses are now at risk without any protection plans. While your data is always at risk digitally, your business power grids and other infrastructure can also be disrupted or destroyed.
Cyber attacks tend to aim to compromise data integrity or to create distrust in an organization. As cyber criminals are becoming more sophisticated, changing what they target and their methods of attack risk management has become all the more important for various industries.
Pros of Premiere Cyber Security
With an increasing importance on cyber security, the need for a professional, 24/7 security team or plan is important. As our society as a whole has become more technologically reliant than ever before, data leaks that could result in identity theft can now be publicly posted on a variety of social media accounts. In order to mitigate the release of sensitive information such as social security numbers, credit card numbers or bank account details, an active cyber security plan is the way to go for your business.
Whether your business is small or multinational, your staff relies on computer systems and private data daily. With the rise of cloud services, poor cyber security efforts can create threats that didn’t exist even a few years ago. With an effective cyber security team or system in place, your business can do the following:
- Protect your business systems from viruses, worms, spyware and other unwanted programs.
- Protect your private company data and information against data from theft.
- Mitigate staff computer hacking.
- Minimize digital crashes to mitigate downtime.
- Provide privacy to your staff internet users.
- Avoid any economic or customer losses.
- Increase the trust and confidence your customers will have in your company.
- Provide 24/7 reliability for your staff and clients.
Cons of no Cyber Security Efforts
When it comes to protecting your company data and private information, cyber security efforts are important. Without the right help from a telecommunications professional, your business could be at risk for a variety of digital issues that could lead to the downfall of your business. Here are some of the consequences of no cyber security efforts.
- Economic Losses: Theft of intellectual property, corporate information, disruption in trading and the cost of repairing damaged systems
- Customer Losses: Loss of consumer trust, loss of current and future customers to competitors and poor media coverage
- Regulatory Fines: GDPR and other data breach laws mean that your organization could suffer from regulatory fines or sanctions as a result of cybercrimes
For any business, regardless of size and industry, should understand cyber security threats and how to mitigate them. With the help of a telecommunications professional like 561 Communications, your business can work to mitigate cyber attack downtime and protect your business digitally.
561 Communications can Keep You Connected
At 561 Communications we have over 100 years of combined experience in Enterprise B2B, Business Development and Solution Sales. We specialize in Fiber Connectivity, Mobility, Mobile Applications, SD-WAN, Cloud Computing, Security, Colo and Disaster Recovery Solutions for our clients, and can keep your business running smoothly and efficiently in any digital climate.
Understanding and working with the needs of your business is our number one priority. 561 Communications offers a FREE and unbiased business analysis of your Telecom Network Infrastructure to get you on the right track from the start. Connect with our team today!