Your business amasses vast volumes of data. Whether your website collects cookies or you compile comprehensive consumer reports, your business is able to thrive based on the information that you subsequently apply to your business practices. As such, you’re responsible for the data that you aggregate. With this responsibility, you need to do everything in your power to protect sensitive data and prevent it from falling into the wrong hands.
Sadly, no matter what industry you work in or how big or small your company is, you’re exposed to various cyber risks. Ransomware attacks, phishing attempts, and denial of service attacks are just a few of the many ways that malicious users attempt to breach your system and exploit your data. When they gain access to your network, devices, or data, these users can wreak havoc on your business by exposing personal information and critical business data. After the breach, you’re left to pick up the pieces while dealing with lost income and significant reputational damage.
Unfortunately, when dealing with cybersecurity breaches, it’s not a matter of “if” they’re going to happen—it’s a matter of “when” they’ll occur. According to a 2021 study by IBM, more than half of small businesses were victims of a cyber attack in the last year, and 10% experienced more than 10 cyberattacks. These attacks don’t appear to be slowing down anytime soon, making it even more critical that businesses find a way to protect their data and information.
