Is Your Company Prepared for a Cyberattack?

Boon Edam Blog | May 2019

These days, it seems that not a month goes by without news being released in the media about one major organisation or another becoming the victim of a cyberattack. It has therefore never been more important for companies of all kinds to stay prepared in the event of a security breach.

One of the problems with many companies today is that they are still relying on old infrastructures. They also often have too few staff to handle IT security and have limited skills and knowledge themselves of how to prevent the attack. One of the greatest misconceptions, for example, is that the biggest threat to a company’s security lies outside the organisation. This is not the case. The largest threats very often come from inside the company’s infrastructure. Network devices which have outdated platforms or operating systems can cause serious compromizes for the company’s network and data.

The Threat to Company Continuity

One of the biggest threats from a cyberattack to any company is that it could easily shut the entire organisation down. This would bring an abrupt end to productivity, to revenue, and success. The sobering statistics show that 60% of companies which suffered from a ransomware attack during the past 3 years were closed down within one year following that attack. Not only are companies at risk of failure, but they also face having to pay out large sums of money to rectify the damage – another element which points towards their eventual closure.

So, how can you protect your organisation?

Know Your Vulnerabilities

The first thing to do when considering potential cybercrime attacks is to know the areas in which you are vulnerable and to then prioritize those security issues. It is always important to put in place physical security measures like high security doors, surveillance equipment and security guards to prevent access to key server areas. However, there is more to protecting your data than only these physical barriers.

Although some security breaches happen because of individuals breaking into a company’s offices or physical premizes, all too often cybercrime happens because of vulnerabilities on your computer network. This is why it is vital for companies to evaluate their network security measures at least once a year. It is essential to determine any risks which exist on the network and then take advice about how to mitigate those risks.

Make Security Inclusive

Security of a company’s data should not only be an issue for the IT department or company leaders. It should also be part and parcel of every employee’s responsibilities. Staff members should be encouraged to identify and respond to any security threats like phishing attacks, and security should be fully integrated as a part of the workplace’s culture. When the whole team works together to identify threats and repel attacks, the chances of the company staying safe from cybercrime is much greater.

It is essential not to underestimate the importance of protecting your business from cyber threats. It can be all too easy to assume that your organisation is too small or insignificant to be targeted by attackers, but sadly, small businesses are just as likely as major companies to suffer from attacks.

Taking all the measures you can to identify potential threats and to mitigate them before they get out of hand is the most effective thing you can do to stay safe in today’s challenging environment.

If you want to find out more about how you improve the security measures at your workplace, then contact the team of entry experts at Boon Edam today, and get to know our premium range of security products to suit the needs of companies of all shapes and sizes.

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