It’s a fact: by 2019, the costs of cybercrime will reach an all-time high at $2 trillion. What does this mean for your business? It means that if you aren’t actively preparing a defense against cyberattacks, your business may not survive if one happens.
The chances of it actually happening to your business are, unfortunately, very high. Since 75.6% of organizations encountered at least one successful cyber attack within the past 12 months, that means that you need active plans and strategies to deal with an impending attack.
But what can you do?
Start With Some Employee Training
One of the simplest (and most effective) ways that you can protect your business is by training your employees to recognize, respond to and even avoid suspicious activity. Employee training can make a huge difference in the amount and impact of cyberattacks you receive.
Training should cover not only what cyberattacks are and what they look like, but also how they work. Having a quarterly refresh on cybersecurity is enough to keep your employees up-to-speed on the latest threats.
If employees are not properly trained, you can expect to see drastically negative results. It’s not surprising to find out that 30% of phishing emails are opened by employees. These types of emails are not easily spotted by untrained users.
Sometimes, even the most well thought-out security plans fail. If a cyberattack takes you down for too long, it can cause massive financial damage to your business. Studies show that downtime costs small businesses up to $8,600 per hour. As the attacks grow more complex and vicious, the need for a failure-proof fallback solution increases exponentially. That’s where backups come in.
Having your data backed up means that even if an attack takes out all of your data, you can restore it and move your business forward. It means that no hacker can really stop your business from surviving and thriving.
Procedures and Policies
Having employee training and backups are certainly good places to start. But what’s the most effective way to implement them? You need to routinely incorporate cybersecurity procedures and policies across your company.
For example, you can have a company policy stating that employees must change their password every month. Or, you could have a documented procedure that shows employees how to save their files to the server (which is being backed up, of course).
Following policies and procedures ensures that you have an organized structure to your cybersecurity. This reduces your both your chances of experiencing a cyberattack and your overall stress levels.
Let Professionals Handle Your Cybersecurity
At IPRO, we know that there’s a lot to think about when considering your cybersecurity. It can be overwhelming. . . but it doesn’t have to be. Working with us means that you’re free to continue running your business while leaving the stress of cyberattacks to the professionals. We’ll provide comprehensive security coverage, and we’ll comply with any specific security requirement that your business demands.
Sound good? Let’s have a chat.