It is no surprise, technology flattens the world for many businesses. What’s more, nearly every business sector finds it necessary to collect, maintain, analyze, and monetize user data. Many think Cybersecurity risks only apply to highly regulated industries, such as legal, healthcare and financial services.
According to the technology industry research firm Gartner Group, ninety percent of companies that experience data loss go out of business within two years. Countless studies indicate the longer the downtime, the greater the risk. More and more businesses are turning to Cloud Backup and collation to ensure their critical data is protected. But how long will it take to restore that data when a disaster strikes? Here are some points to consider to minimize the risk of downtime.
Ransomware is a type of malware designed to block access to your computer until a sum of money is paid. Ransomware issues have impacted many individuals with home computers; however, it is only a matter of time before this malicious software attacks business. Starting with Cryptolocker in 2013, Ransomware exploits have become increasing sophisticated and have cost individual companies thousands of dollars in ransom.
Business owners know there are a number of threats to business continuity. Next to employees, your IT systems and their data may be your most valuable assets. Your business may fall prey to Cyber attack or Data breach. Other factors, including adverse weather, fire, or interruption to utility supply, may also cause business disruption. Can your company recover from a catastrophic data loss? Use this Business Continuity Essentials guide to reduce the risk of downtime:
Are your IT Systems on the naughty or nice list? Do you proactively monitor your networks for compliance, cyberthreat and performance? Are your data back ups up to date? Have you begun your migration to the Cloud? Are you getting the most from your broadband network? Have you trained your employees on the risks of cybersecurity attacks and do they change their passwords regularly? Here is a list of things to add to your list of New Year’s resolutions for 2016.