Protecting confidential information that is accessible online, no matter to what extent, is absolutely crucial in today’s world. Technology has become an integral part of nearly every aspect of business, and to not stay on top of the latest security trends would be putting your company at risk. The more we utilize everything technology has to offer, the more dependent we become, thus making us much more susceptible to a breach should that technology fail.
As we are getting closer to the new year, there is no time better than right now to delve through your current cybersecurity systems for any possible gaps or faults, and chances are, there are a few. Always consider even the latest pieces of technology to be somewhat flawed. Assuming that a security system is absolutely perfect and needs so further looking into is foolish. Test everything, whether it pertains to alarm systems, financial platforms, mobile technology, and any other confidential information that must remain private.
Take the latest Equifax breach for example. The data breach that they fell victim to exposed roughly 145 million Americans’ private information, including their social security numbers, home addresses, credit card numbers, and phone numbers. While it is certainly easier said than done, this could have been prevented with more rigorous testing of the cybersecurity systems they had in place.
Even worse, cyber attacks can and typically do result in a vast range of legal complications. These can include claims of negligence, failure to meet contractual obligations, and an overall loss of trust by a company’s partners, customers, and investors. A large majority of these attacks go unreported because of this. A business’s reputation is its key to success, and compromising that could be disastrous.
Though Equifax’s situation showed the dangers of large-scale data breaches, cybersecurity attacks can occur on much smaller scales as well. From corporate giants across the world to a small-time entrepreneur, everyone’s online information is accessible in some way. Hackers and those interested in breaching data often target personal information, intellectual property, and stocks and insider trading tips.
It can be difficult detecting cyber attacks as well, though having a proven firewall regardless of your company size can help. Espionage on a smaller scale can be hard to catch when dealing with complex numbering systems. Because of this, a business may regard at is an internal error and continue to operate without even knowing of the attack.
Detecting a stopping cyber attacks should be at the forefront of every business’s cybersecurity systems. There are a large number of resources you can tap into to help assess your risk, as well as come up with a concrete plan to prevent a breach of any kind. Should you or your business fall victim to one, hope is not lost. Preparing beforehand and working alongside a well established cybersecurity team can help you control the damage, recover, and prevent future attacks from ever happening again.