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Importance of Cybersecurity in Running Your Businesses

March 24, 2019Simeon Georgiev

What exactly is Cybersecurity?

Cybersecurity is the process of protecting and defending your data, computers, mobile devices, networks, servers, electronic devices and programs from cyber attacks, malicious malware and unauthorized access.

Now that we have an idea what cybersecurity is, we need to understand its importance for businesses and why they should adopt the latest digital security measures.

Starting with the fact, that in this digital era, every business has taken their workings online- from making important business deals to having their data stored on clouds, connecting with important clients, customers and stakeholders, building new connections, emailing and several other activities that happen on the web. It is important to make sure no cyber-criminal attacks to extract the company’s important data, money and destroy intellectual property.

What part of your business is vulnerable to cyber-theft and attack?

First and foremost your data (customer’s, client’s, bank details, employee personal information and more) comes under direct threat; then your electronic devices, computers, money, tech-services and information of any kind- they can be severely compromised when attacked by cybercriminals.

Businesses need to understand, whether small or large, that information including business plans, marketing strategies, revenue details, bank account details, databases (of customers, clients, sale figures), upcoming designs, launch dates, sales pitch ideas and any kind of sensitive data according to the nature of your business, can be stolen, destroyed or erased. The cybercriminals have become very sophisticated in their techniques and with the advancement of technology, they are also advancing in their ways to hack and attack systems. So companies need to improve their cybersecurity, or else they will take a serious loss by staying vulnerable.

What measures can a business take to secure information from cybercriminals?

Businesses of all scales should take necessary steps to protect their digital property and here are a few measures that they can adopt and practice.

Backup everything

Every information that is integral and plays an important role (small or large) should have a backup. If you have the necessary resources and budget, then your backup should also have another backup. This way when your information is compromised and disturbed, you will not have to worry about the permanent loss of important data.

Anti-viruses aren’t enough

Although antiviruses play a big role in protecting IT devices, they are still not strong enough for advanced hackers. The IT department needs to have the means and resources to use cutting-edge tools, methods, and solutions, which are often expensive, but do the job in the best way.

Stay updated and educated

There is a need to understand that a lot of the cyber threats that come your way are through suspicious links, social engineering, weak passwords and browser manipulations that do not seem odd. A normal employee at your company might not be aware of these tricks, hence, they all should be educated and informed through workshops and meetings. Your IT professionals should stay updated on any new threats that can come their way, so they can devise strategies to protect the company’s data.

Simeon Georgiev
https://www.linkedin.com/in/simeon--georgiev/
I am a Cyber Security Enthusiast from Bulgaria. I like to write about malware and ransomware and global cyber attacks. You can reach me on Twitter @sgeorgiev1995 or Email: [email protected]
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