Imagine that you wake up to find hackers have stolen your customer’s personal information; all of your business secrets are posted online and the damage they did is sending the world crumbling down. That is the state of data breaches – a single slip-up with security can ruin everything.
The Actual Price of Being Hacked
They are not IT problems, they’re business killer data breaches. A single breach now costs over $4 million on average — and it doesn’t stop there. Lost customers, legal fees, regulatory fines and brand damage can all but cripple a business for years. Sixty percent of small companies will go out of business within six months after a major cyber breach.
You Are Far More Prone Than You Know
It is not only the large corporations that are at risk from cybercriminals. This weakness makes small businesses prime targets as they are likely to possess valuable data without strong security. Financial records, customer databases and a business’ plans are all digital goldmines that hackers would love to get their hands on.
Simple Steps, Big Protection
The good news? Most breaches are preventable. Software updates, strong passwords, training staff and secure backup systems are among the measures that provide powerful barriers. Cybersecurity is similar to locking your car — most opportunistic attacks are aimed at the low-hanging fruit. For a Barracuda Partner, contact www.primesys.co.uk/partnerships/barracuda/
The Bottom Line
This is not just concerning privacy; it’s a matter of survival. Your customers have trusted you with their information, this is the single most valuable asset that your company has. Cybersecurity: Pay Now or Lose Everything Later.
And remember, it’s not a question of if you will be attacked — simply when. Be ready.
