You’ve just set up your new iPhone or laptop. You transfer all your data, all your photos and notes from two years ago, and your SIM card has been installed.
Every 39 seconds, a cyber attack takes place. With a steady upwards trend, it’s crucial that you know what a cyber attack is and how to identify when it is happening. Put simply, a cyber attack is an unwelcome attempt to steal, expose, alter, disable, or destroy information through unauthorized access to computer systems. Sixty percent of small companies go out of business within six months of falling victim to a data breach or cyber attack.
Technology is always changing. Old trends become obsolete, new trends emerge, and hackers continue to become more sophisticated. It’s important that your IT team stays up to date on what’s happening in the IT world, so they can ensure you have the proper technology to avoid cyber attacks and threats.
May 2021, President Biden issued an executive order on federal cybersecurity. This order details ways to improve the nation’s cybersecurity by raising national standards. Options outlined by the order include removing barriers to shared cyber threats between federal contractors, modernization of federal cybersecurity, and much more.
The term cybersecurity evokes a futuristic society filled with neon, cool clothes, and lasers. However, cybersecurity encapsulates a growing problem for most modern businesses. A study last year by the FTC found cyber fraud alone cost $13.44 million in 2020. Companies should be aware of these important cybersecurity threats to avoid losing a lot of money.
Improvements in technology also mean new opportunities for crime. Cybercrime is a growing concern for businesses, as phishing emails, malware, and scams, cost more and more money each year. Cybersecurity can help protect you and your employees from losing sensitive information, time, money, and professional reputation. With data hacks and security breaches making national news, you can't afford to risk leaving your data unprotected.