Why Your Business Needs Good Cyber-Security

Why Your Business Needs Good Cyber-Security In the age of digitalization, we all need to ensure that we stay safe online. Usually, we think about this on a relatively human level, as individuals. This generally extends to privacy settings on Facebook and Twitter accounts. Of course, privacy of the information of what you share online is important, but cyber-security extends beyond that; especially for businesses. In this post, we’ll take a look at why your business needs good cyber-security. What is Cyber-Security? Cyber-security is a 21st century necessity required due to advances in technology. The rise of the internet means that customers have new ways of accessing companies, but so do hackers and criminals. As a result, systems and processes need to be in place to prevent hackers from gaining access to your website, the stock it holds and the information that customers have put into it. We now live in such a rapidly developing world that cyber-security often has to evolve. Criminals are learning more and more about how businesses are operating online, and finding different ways to attack websites. As such, there are no ‘quick fixes’ and the cyber-security of your business always has to be reviewed. Resultantly, the value of the cyber security market could reach $170 billion by 2020. Why Does my Business Need it? So, what type of security does your business need? Well, it’s a tricky one, as it depends on your business type: E-commerce: If you’re an e-commerce business, then you’ll have to store and have access to large volumes of customer information, as they’ll be buying products on your site. This means that, should a hacker access this information, you’ll be in breach of data protection, and your customers could have all of their credit card information stolen. Cyber-security is essential if you’re an e-commerce business, otherwise you could lose your customers and/or be charged millions in fines. Fortunately, penetrative testing can help you identify problems and fix them fast. Project management: If you run a project management based website, you’ll not only need to ensure that all the data within it is secure, but also that processes can run smoothly and concurrently. If there’s a flaw in the system, then you’ll lose all connectivity, and this will cost you time and money. As a result, you’ll have to invest in SOA testing through a company like Sogeti. Databases: if your website is simply run as a database or a holding site for contact information, you shouldn’t need too much security. However, you’ll still have to ensure that it cannot be hacked and taken offline or out of your control, as this could damage your business’s reputation. Again, penetrative testing can help. Take this advice on-board and ensure your business is fit to run in the 21st century. Image Source; Image Source