Almost every organization relies on technology to support its daily operations, but as technology advances, so does the risk for cyber attacks. Cyber security can help defend your IT system from unwanted attacks and threats, protecting your company’s most valuable assets. Here are eight reasons why cyber security is important for your business.
1. Cyber Attacks Are Versatile
When it comes to infiltrating your system, hackers have an entire toolbox worth of tricks at their disposal. It’s easier than ever for cyber criminals to compromise your computer and steal your company’s resources. Phishing, malware, man-in-the-middle, and vishing are only a few types of cyber attacks that can harm your business. Your organization needs a cyber security system in place to keep your data safe from unauthorized access and users.
2. Cybercrimes Are Increasing and Evolving
The rapid development of technology, such as fast broadband, better gadgets, and cloud computing, has led to an increase in the number of connected devices. It’s estimated that in 2021 there will be approximately 21.1 billion networked devices worldwide. The increase in devices, along with the growth of the dark web, has created more opportunities for malicious attacks. Cyber security can help minimize your exposure to these threats as they continue to evolve.
3. Tech Users Are Vulnerable
Human error is often the weakest link when it comes to cyber attacks. It’s important for your employees to know where cyber attacks are coming from and how they work. Educating employees on cyber security and potential threats can help give them great control over their computer systems and prevent the risk of your company being hacked, attacked, or exploited.
4. Cloud Storage Needs Protection
Cloud storage services provide seamless access to all your important data — word docs, PDFs, spreadsheets, and any other digital assets — from wherever you are. Sensitive information, such as company passwords or banking information, can now be stored in the cloud for easier access. Although there are many benefits to the cloud, as with any type of software, there is a potential increase in the risk of cyber threats. Cyber security can help protect your personal or company information in the cloud from being leaked or hacked.
5. Cybercrimes Are Costly
Recent studies indicate that the average cost of cybercrimes last year was $13 million for an organization. Researchers also discovered a sharp increase in breaches of financial and health records as well as trade secrets, personal information, and intellectual property. Investing in cyber security now can help your organization save millions of dollars in the future.
6. Cyber Security Enhances Credibility
Cyber attacks can affect, or even destroy, an organization and its reputation. If a hacker obtains sensitive information such as bank account or credit card details, there is little to no chance of recovery. The damage to your company’s reputation might be more crippling than the actual data loss itself. Cyber security is important to maintain the trust of your customers, partners, and other stakeholders.
7. Viruses Can Harm You or Your Business
Computer viruses spread like wildfire, corrupting your organization’s files and systems. Files downloaded directly from the internet are among the fastest-growing sources of computer virus infections. If not controlled, they could cause severe problems for you and your business. It’s essential to take cyber security seriously to avoid falling victim to viruses.
8. The Dark Web Still Exists
The dark web is a secret collaboration of Internet sites, accessible only through specialized web browsers. It’s mainly used for hiding Internet activities and keeping users anonymous and private. The dark web is known for being the host of numerous illegal operations, including drug and human trafficking, illegal auctions, piracy, and more. As technology evolves, so does the dark web. These vulnerabilities have heightened the significance of cyber security.
Enhance Your Cyber Security with Mindcore
The advancement of technology has left both individuals and organizations vulnerable to cybercrimes, such as hacking, data theft, and industrial espionage. Mindcore provides a full suite of cyber security services to help New Jersey and Florida companies stay protected against these threats. Please contact us today to schedule a consultation with one of our cyber security experts.