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Why Small Businesses Should Care About Cyber-Security

The truth is that over 18.5 MILLION websites are infected with malware at any given time on the internet.

The truth is that having a plan, and having better software programs to use will help to protect your system from potential hackers. Planning ahead will save money, energy and stress.

Once the company network has been infected, attackers will stay dormant for an average of 200 days before detection, found Microsoft’s “Advanced Threat” analytics team.

If the databases are successfully stolen, each individual record containing confidential, sensitive data will cost an average of $154 to recover and up to $363 a pop. IBM’s global analysis found that stolen healthcare records are the costliest per record across the industries.

With so much threat, only 38% of organizations worldwide are claim to be prepared for a sophisticated-level of cyberattack.

The cyber security industry has been growing up and over 10% each year. The market is predicted to surpass $200 billion worldwide by 2021, according to the Markets and Markets research firm.

Regardless of methods or mindset, cybersecurity will always be a perpetual battle where neither side maintains the upper hand for long.


THE CYBER SECURITY INDUSTRY’S PROFITABLE DARK SIDE

Studies found that only about 30% of people never back up their data while others will do so sporadically.

Healthcare, educational facilities and other large organizations are primarily at risk for such invasions of privacy. Cyber security stunts have drawn global attention recently. Just look up the Russian scandal surrounding the election of President Trump. Just in the last year, several prominent companies have had issues of their own. From Yahoo to Bitcoin and emails from the Democratic National Committee, major hacks have taken even the best of the best off guard.

Some hackers have gone as far as to create the victims to whom they will sell their created software. They’ll encrypt your files so that you can’t use them.

software known as ransomware will hack into a site and use critical data as leverage for money. As they make it easier and easier for victims to pay, their dirty work attains more funding in a self-perpetuating cycle.

Protecting your online data is a perpetual battle. It doesn't matter if you're a fortune 500 or a nashville commercial roofer, you need to take steps to stay safe.

Companies who fail to adequately prepare and prevent, suffer the consequences in big checks.

FIGHTING BACK AGAINST CYBER CRIMINALS

A little over two years about, there used to be about 20,000 attempted cyberattacks weekly. Since then that estimate has climbed to an average of 600,000 to 700,000 weekly, found Microsoft researchers.

Ironically, the best way to create excellent cyber security software is to learn how to crack them. Much like reformed criminals who turn to police work, ex-hackers often make the best protective software developers.

Microsoft recently announced their plan to invest over $1 billion each year into cyber security research and development. With increasing cloud network sharing, there is more potential for data security leaks.

Due to the growing issues of these costly battles, several companies have begun fighting back. Cyber Security is a rising trend for 2017 with continuously developing software.

You may have noticed some of the security adjustments that Google has been making with multi-device login checks. Similarly, Microsoft’s Windows 10 has modernized their password protection.

Small Business Cyber Security Proactive Steps

  • Have a meeting first with your employees who are supposed to have admin level access to websites, networks and software to go over your policies and practices for cybersecurity.
  • Ensure that proper passwords are used, and no-one actually writes their password on a notepad or sticker.
  • Review all of your software options for your servers, computers and website content management systems.




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