National Computer Security Day: Is Your Business Protected?

We all use computers for something in our lives, but for businesses that rely on them, National Computer Security Day is a great reminder to review the security measures you have in place. We’ve discussed in several posts how important it is for your business to keep your security measures up-to-date, but in honor of the holiday,  we are going to focus on the different areas of security that might be at risk and how to best keep them safe.

Email
Your email systems can be at risk for a number of reasons. If the server fails, you might not be able to access important information, and if any emails contain sensitive information, that information could be obtained by hackers.  There is also the age-old scam where people send viruses through email. Having a good email security system in place will make sure that emails containing questionable content will be blocked and quarantined. It will also ensure that your emails are backed up for easy access in case of emergency. You and your employees, with the right protection, are able to enjoy inboxes that are spam-free, contain no unsafe content and are properly backed up.

Firewall
What are your security objectives? How much of a block do you want between your computer network and the outside world? Having a well-managed firewall lets you call the shots and ensures that your network is constantly being monitored. You can reference web-based reports at any time to identify any erratic behavior and address any issues.

VPN
If you have employees or clients who access your network remotely, you need your VPN to be secure. VPN security means that you can have people work from home without worrying, and that any data sent through the network will be encrypted so that it cannot be intercepted and obtained, avoiding any cyber-attacks.

Internet Policy
What types of websites would you like to allow your employees to access from the at-work network? Having a security system that enables internet-use management allows you to put filters on accessible URLs to avoid any legal issues or potential issues for your employees who might access dangerous sites. Some managers also employ internet policy management systems in order to boost workplace productivity.

Data Storage
Storing your business’s critical data in a place that is easily accessible, secure, and backed-up is imperative. Having a good managed security service means that your data will be backed-up on a regular basis, which reduces the amount of time it would take for your business to recover from a potential security threat, as well as the amount of time you’d be exposed to any risk. This is hugely important to have In place to ensure that your sensitive data is monitored and secure 24/7.

What steps is your business taking to avoid security threats? Are you using a managed security service? National Computer Security Day is the perfect time to make sure all of your security management efforts are up-to-date and that you have the right protection in place for your business. We offer a variety of managed security services and is always here to help you get started.

 

What is the Cost of a Cyber Attack?

Even as we shift our focus more and more toward tech security, it’s not perfect (and it’s unlikely that it ever will be). Even major corporations are at risk for – and have fallen victim to, quite recently – security breaches, whether it was in the form of leaked credit card information, hacked e-mails, or any other form of information compromise. A breach in cyber security is a threat to profits, to customer loyalty, and to the business’s security in general. Let’s take a closer look at what it means if your company’s virtual data isn’t secure.

The Average Loss per Cyber Attack is $3,220,000
…Not to mention that that number is higher in the United States. Here in the US, a major company can lose out on $5,850,000 when it suffers a major attack, which is the highest average net loss in the world. Germany pulls in second at $4,740,000 lost on average, and not even France or the UK can compare.

The Cost of Additional IT Security is Nothing in Comparison to Potential Losses
Obviously, the only way to prevent these massive losses due to cyber-attacks is to increase cyber security. The problem is that most companies don’t want to make this investment, as it sometimes comes with a bit pricetag. What these companies don’t realize is that, according to IBM, a stronger security presence could save a company up to $14 per lost data record. Bigger amounts of data compromised means bigger losses – but effectively, this means that the average company could increase their IT spending by $330,000 and still break even should there be an attack.

Companies Spend the Least on Data Center Systems
It’s plain to see that the digital world’s economy has grown at a staggering rate, thanks to the rise of mobile devices and cloud-based services. However, not many companies are investing on bigger, better data center systems. Telecom services rake in 8 times more revenue per year than data center systems; however, investing in better data center systems could mean investing in better security. Hopefully there is an upward trend to come.

Certain Industries Feel it the Worst
Every industry is at risk for data breaches, but a few are the biggest targets: banking, retail, IT, and hospitality. It seems that education, transportation, and entertainment, on the other hand, are the least at risk. Whether your business is in any of these industries should play a role in how seriously you’re taking cyber security.