You might be surprised to learn that approximately 20% of small businesses fail within the first year. There is no shortage of causes behind this scenario, and they could include everything from poor financial management to insufficient market need. However, the lack of a comprehensive security policy is also a major risk factor. This can [...]
You've lost your internet connection, and panic starts to set in. Your small business's operations have stopped, and you can't help but wonder how much money you'll lose. Research shows that IT downtime can cost an organization an average of $5,600 each minute, or $336,000 per hour. Technology-related downtime can easily happen due to problems like [...]
In 2020, the average cost of a data breach was a massive $3.86 million. Yet, many companies still don't take IT network security management as seriously as they should. This negligence can have disastrous consequences. Network security is crucial to prevent unauthorized access and vulnerabilities. So, how can you secure your company network? This [...]
In today's increasingly digital world, cybersecurity is becoming more important every day. It's estimated that cybercrime will cost the world about $10.5 trillion by 2025. Any business that operates online at all needs to follow safe practices to protect themselves and their customers. Things can get complicated when talking about cybersecurity, so it's important to [...]
The cybercrime industry is projected to cost the world over $10 trillion by the end of 2025. A major contributing factor is hackers who target businesses to compromise their sensitive data. Unfortunately, there's no shortage of network security issues that businesses face. Understanding common network security threats will help ensure you take the appropriate precautions [...]
It only takes a few moments for a thriving business to crumble under the weight of a cyberattack. The average data breach costs businesses approximately $4.5 million. For many companies, this is impossible to recover from. Not only will you deal with financial costs, but you'll also damage your company's reputation. Details like these are [...]
68% of business leaders feel cybersecurity risks are on the rise. The cyber threat world is always changing, and it's tough to keep up. To shield your company from security threats, you need competitive and watchful network admins. They guard against unauthorized access using various networking security tools. This piece spotlights key tools an [...]
It may surprise you to learn that consumers lost nearly $8.8 billion to scams in 2022. This is an increase of over 30% from 2021. In addition to scamming, criminals also hack into business databases to procure sensitive information. The most lucrative targets are those that handle customer payment information. Companies that hold this data [...]
There's no shortage of cyber criminals looking for lucrative targets. Any company can fall victim to an attack, and even a single incident can be catastrophic. Data breaches in 2022 reached a record $4.4 million in costs. To defend against issues like these, you'll need to implement the right data monitoring strategy. You can use [...]
It only takes seconds for a normal day at a business to turn into something catastrophic. One of the most common factors that leads to this scenario is falling victim to a cybercrime. The number of global cyberattacks increased in 2022, and they show no signs of slowing down. To combat this threat, companies implement [...]
