The impact of cyber threats
Any interconnected device can be a potential entry point for cyberattacks. Even if a computer is on a private network that is not linked to the Internet, it is not immune to attack. With more services, more information and more devices connected to each other, the risk of cyber threats grows. Important medical, legal and financial records are increasingly stored online. Business communication relies on email, instant messenger services, and Internet-connected smartphones. Retail businesses now not only sell online but also use Internet-connected computers for inventory and warehouse management. Transportation and logistics companies use online services for fleet management and traffic control. Even some home refrigerators are now connected to the Internet.
With so much of our personal and business data now stored on our computers or in the Cloud, it is up to each one of us to ensure our data and devices are protected.
How to protect your organization from cyber threats
A few simple precautions can make your business less vulnerable to cyber threats, like keeping software up to date, creating strong and unique passwords, developing Internet security policies for your business and ensuring employees are educated about cyber threats and that you have a strong security framework to protect your business.
It may seem like a hassle to install antivirus software and firewalls, change passwords frequently, encrypt data or develop formal security policies. Recovering from a cyberattack on your computer system or repairing the damage done by identity theft, however, is ultimately much more costly and time-consuming.