Is It Worth Waiting for Something Bad to Happen?
You’ve thought it before: “that won’t happen to me.” It’s how humans get through most of their days without crippling fear. But when it comes to your business and its cybersecurity, this kind of blithe naïveté can prove costly.rnrnIt’s estimated that 46% of users lose data each year. Yet businesses may not invest in proactive data backup. They think data loss won’t impact them or don’t know how to back up in the first place.rnrnStill, backup is more affordable and accessible than data recovery after the fact.rnrnAny business in any industry is at risk of a data breach. It can come from an unintentional human error on the inside. Maybe someone means to send a sensitive spreadsheet to a colleague and sends it “reply all.” Oh no! Members of the press and the public were on that email thread!rnrnThen, there are cybercriminals working diligently to attack vulnerable organizations. Sometimes they do it to obtain data they can sell, or they might install ransomware to charge you money to regain access to your data. They could also hack you to try to get to a bigger target in your supply chain.rnrnBad guys’ motivation aside, a data breach will hurt your business. Suffering a data breach can lead to:rn
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- extensive interruption of business operations; rn
- financial losses; rn
- damaged business reputation; rn
- compliance and regulatory issues and fines. rn