Information technology has become part and parcel of our lives and has transformed how we work, learn, shop, and play. The Internet has become an integral part of business processes, allowing the business to reach far and wide, even if it’s operated from the comfort of your own home.
As businesses today are so technology-dependent, cybercrimes pose a significant threat to business operations and stifle innovation and growth. In the last few years, cybercrimes have increased both in size and sophistication. Global Market Insights anticipated by the year 2024, the cybersecurity market will be a $300 billion industry.
Businesses need to secure every aspect of their network, both internally and externally.
What happens if the network is compromised?
Hacking is quite common these days, and its security of data is one of the most important aspects to be considered by businesses today. The most common ways of hacking the unprotected network are as follows:
- Connecting to an Unsecured Network: The majority of network hacking happens once the system is connected to an insecure network. Doing so allows a hacker to gain access to all files on the system and monitor all activity.
- Phishing: Attackers use disguised email through which they intend to steal your confidential information like passwords and bank account details. According to Verizon’s 2019 Data Breach Investigations Report, 32 percent of the data breaches in 2018 involved phishing activity.
- Denial-of-Service Attack: An attack designed to cripple the system by preventing it from handling its regular traffic, usually by flooding it with malicious traffic.
- Backdoor Attack: A secret pathway a hacker uses to gain entrance into a system bypasses the system’s customary security mechanisms.
- Ransomware Attack: Sometimes, hackers steal your data just so that they can hold it for ransom. This type of attack is called a ransomware attack. Hackers gain unauthorized access to data, encrypt, or move it. They then charge you a ransom in order to restore your access to it.
Install Cybersecurity Software
No network is immune to attacks. A stable and efficient network security system is essential to protecting client data. Good cybersecurity software helps businesses to reduce the risk of data theft and sabotage. Companies should install cybersecurity software on all laptops and computers. However, installing the cybersecurity infrastructure is no easy task. It is imperative to utilize the right tools—hardware and software—as per the nature of your business.
Installing this infrastructure requires trained manpower, as some of these tools come with bulky instruction manuals that would take an eternity to peruse, understand, and comply. You also need to regularly monitor and update your cybersecurity infrastructure to be immune to attacks and hackers who are continually evolving their modus operandi. It would, therefore, be a wise decision to hire experts to set up your infrastructure.
Have the Experts Fix it for You
Figuring out the right cybersecurity tools, installing them, monitoring and updating them, provide training, assistance, and repair requires an experienced cybersecurity expert. Therefore, you need to hire in-home computer repair to secure your network as well as your hardware correctly.
Do You Have Protection?
Former Special Counsel and Ex-FBI Director Robert Mueller once famously said, “There are only two types of companies: those that have been hacked and those that will be.” Although hacking and data breaches have become common occurrences, the impact of these attacks seems to be growing steadily. According to IBM Security’s 2019 Cost of a Data Breach report, the cost of a data breach has risen 12 percent over the past five years and now costs $3.92 million on average. The report also mentions that the “financial consequences of a data breach can be particularly acute for small and midsize businesses.”
Cyber threats are looming large over your business and ignoring them is no longer an option. You need to step up and stock up your cybersecurity arsenal.