Organizations across the world that experienced a cyberattack have suffered huge revenue losses. Cybersecurity is a business priority and it is important that the C-suite must understand the importance of enterprise security and fund it appropriately.
No enterprise, big or small is exempt from a potential cyberattack. As the hackers find new ways to breach the security; it is important for enterprises to strengthen their defense strategy. Businesses must constantly upgrade their cybersecurity programs and budget appropriately for security software and hardware. Just by staying up-to-date about various cyber vulnerabilities and staying prepared, enterprises can create a secure cyber ecosystem for themselves.
A cyberattack can paralyze your business operations
A cyberattack is much like a physical disaster and cybersecurity is a lot like the insurance cover you take to stay protected. You will not realize how important cybersecurity can prove to be unless your business gets attacked. Let’s explain this with the help of an example, if your company ever gets attacked by a ransomware, a malware that hacks into a computer or the entire network and encrypts all your data; you will be unable to access any of your data unless you pay the ransom demanded by the hacker. In such a situation, your entire business operations are at the mercy of the decryption key to your data possessed by the hacker. Your employees will have no option but to spend unproductive hours waiting for a solution. This is exactly why you need to ensure that while planning your financial budget you allot appropriate funds to secure your business with a behavior-based detection technology to detect and block ransomware threats. As an added layer of protection, it is also important to have an enterprise security solution which backs up your data in a secured location to help you restore your files in case of a ransomware attack.
You need to protect your business from external attacks as well as insider threats
External attacks to the network are definitely a serious issue for businesses, but the rise of insider threats have also become a major challenge. Within an organization, employees and other end users have the power to misuse or compromise critical business information through various sources. It is important you choose an appropriate DLP tool to monitor and protect the usage of confidential data in your company.
Security threats can go unnoticed and affect your employees’ productivity
The first announced data breach at Yahoo, reported in 2016, had occurred sometime in 2014, and had affected over 500 million Yahoo! user accounts. Another data breach at Yahoo! which occurred in August 2013 was reported in December 2016. This shows that a cyberattack can go unnoticed for a long time before the damage caused is revealed. You need a proactive security solution for your enterprise which scans your endpoint inboxes for spam, phishing attacks, unsolicited emails that sneak through network defenses and other essential security features.
Are you still wondering how can you deliver a return on investment (ROI) with a security strategy that impacts your business? Do you need to better understand why should cybersecurity be a part of your budget plan for FY 2017-18? Let us help you. Plan your cybersecurity strategy with SEQRITE – Expert in Enterprise IT Security Solutions. Talk to our experts now.