Every business is at risk of cyber-attack. As our reality turns out to be more digitized through progressions in innovation, hacking techniques and digital attacks are progressing as well.
Business activities depend vigorously on technology, including customer service, accounting, communication, and many more. A primary component to any organization's cyber security program is to have security controls and arrangements set up which are customized for their business.
As per the 2017 Data Breach Investigations Report, more than 90% of cyber-attacks were traced back to human error. Simple mistakes caused by humans initiates and amplifies the risk of cyber-crime.
It can be detained through cyber security awareness training in your organization; employees are brought up to speed on an organization's IT security procedures, policies, and best practices. These education modules ensure that staff is aware of these principles and likewise, they also pursue and understand them.
Cyber Security awareness is the combo of knowing, doing, and sharing something to protect business information from cyber-attacks.
When an organization's employees are cyber security aware, it means they understand what cyber threats are and maximum impact hackers can do on their business and steps required to reduce risk and prevent cyber crime.
Here are the top 5 reasons why Cyber Security awareness is essential for your business:
Protects Your Business
Being a small business owner and trying to advance on the planet, you will know more than most the impact that data can have on your business. Data can either be client information, marketing materials, or figures which integrate with the company.
Unfortunately, if this data ever compressed, it would bring your business to knees. Therefore, it becomes significant to have an investment in the right cyber security package, and training employees is crucial.
If your data is protected, your business is also protected.
Protecting Personal Data
It isn't only business owners, and decision-makers have to think about the importance of cyber security, the same employees have to watch out. They have access to emails, essential documents, and sometimes their bank account details.
If by chance, any personal data is leaked out or stolen, you lose a lot of money, and this would be harmful to your business.
Therefore, it becomes to take preventions and install quality anti-virus software on every computer to save your data and never receive any suspicious emails.
As mentioned above that most of data were breached due to employee carelessness or error. With regular training, this number can decrease as employees learn what to look for and identify whether it's malware-filled email attachments, phishing and spoofing attempts, or downloading spyware.
By the cyber security awareness program, you will empower your employees with the knowledge of what to be on the lookout for and how they can contribute to the company in staying safe.
Thus, boosting their confidence, employee retention rates, and job morale.
Cyber security has become the most prior thing for businesses and customers; hence, regulations linked to it are becoming stricter.
Many business sectors have made compliance and cyber security training mandatory, while others are still failing to get with the times.
Failure to comply with the new security standards of today could lead to massive, costly lawsuits and loss of business tomorrow.
As per the National Cyber Security Alliance, it is proved that 60% of small and medium businesses go out of business within six months of a cyber attack. There is no company ever truly recover a massive data breach after consumers and clients elope at the sight of the headlines.
Most of the companies invest more than seven months to identify and recover from a cyber attack, with that up to $1 million loss in revenue, including repairs, assessments, and system improvement.
Bottom of the Line
Are you still thinking of risk your business? Does your company have the spare money and time to suffer a cyber attack?
If the answer is no, then it's time to prepare your employees for the worst with our Cyber Security services for end-users. Fusion Factor offers cyber security services to small and medium businesses in San Diego County.
Find out more about our Cyber security services, contact us today!