Disasters happen in all kinds of ways, and every disaster can have a catastrophic impact on a business if they are not prepared. Natural disasters like tornadoes, hurricanes and fires can destroy critical data and files. But not all disasters come from mother nature; accidental deletion and human error can also occur, on top of various cyberattacks like ransomware, phishing, malvertising and more. According to a report from Business Insider, 1 in 4 Small or Mid-size businesses won’t recover from a disaster, and according to the National Oceanic and Atmospheric Administration (NOAA), there were 14 natural disasters in the U.S. in 2018 and 2019 that resulted in losses exceeding $1 billion. Disasters can affect a business in many ways, from flooding to cyberattacks on servers, and much more. Below are five different types of disasters facing businesses today, and how to protect your data from them.
In terms of security and adapting to new operating practices, the year 2020 was a major challenge for organizations and individuals. It is also not surprising that there will be more security challenges in the year 2021. The sudden and unexpected global disruption caused by COVID-19 left organizations struggling to ensure security and business continuity as new threats emerged and they shifted to a remote workforce. With this, businesses were forced to adopt new technology efforts, work practices, and maximize their ability to prevent, detect, and overcome security breaches.
Cybersecurity has long presented a challenge for the healthcare industry. In 2015, over 113 million records were compromised; more than the previous 6 years combined.
Cybersecurity innovations are continuously introduced to combat the ever-increasing attacks that countless organizations face each year. Corporate data breaches enabled by phishing attempts, ransomware, and malicious software are the plague of big business, and year over year the stakes get higher. Many organizations take advantage of these cybersecurity innovations and are increasing efforts to combat new threats as technology advances, but when the global coronavirus pandemic came knocking at the end of Q1 it brought an onslaught of new challenges for 2020. From the beta-like remote work model to new demands in the finance and healthcare sectors, the demand for new cybersecurity innovations has spiked, and as the year draws to a close with numerous cyber casualties reported, many have begun to speculate on cybersecurity trends for 2021 and how they will alter the overall landscape of advanced digital security.
Digital hacking continues to become a more advanced problem as the age of the internet progresses and new technologies are introduced. From the theft of credit card information all the way up to wide-scale corporate data theft, hackers have contributed heavily to the fear and danger that many experience when using the internet. In recent years, hackers have breached network security in an attempt to steal or damage everything from financial data to election tallies, and organizations in the business world around the globe have been negatively affected as a result. 2020 has hosted entirely new challenges for businesses as the world strives to cope with a global pandemic that many hackers seek to exploit. Churning out spam email with bitcoin ransom demands, these hackers have created new problems that even the World Health Organization has had to endure, and those businesses with employees working from home are now susceptible to a new breed of data theft making the need for cybersecurity solutions tantamount to the success of their organizations.
Advancements in technology have enabled organizations to do more than ever, especially in the digital space. But along with the good comes the bad, and those with negative intentions know how to target your organization’s most sensitive areas. Your email is often a weak link when it comes to security because it constantly travels in and out of your organization’s network, leaving it vulnerable to attack by way of viruses and other malware, ransomware, and phishing attempts. With a lack of email security, your business is left open to these attacks – but implementing reinforced email security controls can protect your email, your employees’ email, and ultimately your data from unauthorized use.
Aside from smartphones, our laptops are the most frequently used devices and the most crucial to daily operations of our businesses. They are used to communicate, collaborate, store information and so much more, which makes securing them especially critical. Below we discuss a few reasons why your laptops need cybersecurity.
We’re all familiar with the term data breach. A hacker enters a system and successfully extracts sensitive information, typically for identity theft and most often, businesses. This can lead to damaged reputation, catastrophic data loss, downtime and even full corruption. Although a data breach is an old concept, there are few things that people aren’t aware of. By gaining a deeper insight into data breaches, you’re aiding in the overall security and protection of your business. Here are four things to know about them.
Laptop computers and other mobile devices are the most common tools used by workers to access business networks. Due to the increase in remote working over the past several years, there has been a significant increase in the number of workers using laptop computers to do their jobs. However, of the various components that comprise a business network infrastructure, laptop computers are the most vulnerable in terms of network security. Knowing this, rather than attacking business networks directly, cybercriminals are increasingly turning to laptop theft and other techniques to compromise end-user devices. Once compromised, the devices are then used by the cybercriminals to gain entry into the business network to steal or corrupt confidential and proprietary information. On average, affected businesses lose about $3.6 million due to data breaches caused by malware-infected end-user devices. The impacted businesses may also incur additional legal consequences as well as the loss of customer trust confidence after a data breach.