One of the most terrifying situations your business can encounter is when it’s clear that you’ve been hacked. It can cause extreme anxiety regardless of what size of a business you run. The most important thing is to know how to react to mitigate the damage to your business’ network and reputation. Let’s go through a few steps you need to take if you’ve been hacked.
Running a business of any size comes with more than its fair share of risks, particularly if that business is on the smaller side. One major risk factor is the prospect of cybercrime and the impact it can have on a business. Let’s look at how this particular risk can influence the challenges that businesses must now contend with.
Ransomware attacks are notorious for their expense to the victim—largely because of the various costs that come along with successful ransomware infections, including many that might not be expected at first. Let’s review some of these costs, if only to reinforce the importance of avoiding ransomware as a rule.
For the small, but growing business, there are a lot of risks that could potentially harm their ability to stay in business. One of those risks comes in the form of cybercrime. Over the past several years, small and medium-sized businesses (SMBs) have improved the ways in which they combat cybercrime. Let’s take a look at some of the problems SMBs have to deal with.
The late American author Kurt Vonnegut once wrote, “New knowledge is the most valuable commodity on earth. The more truth we have to work with, the richer we become.” Written in the 20th century, it has been put in practice by 21st century businesses. As the Internet has grown, the amount of companies expanded, and the amount of data that those companies collect has grown exponentially, especially now that there is a market for such data.
The password isn’t nearly as secure as it used to be. Hackers have begun to take advantage of extremely powerful solutions designed to brute force their way into accounts by using software to rapidly guessing thousands of passwords per second, making it extraordinarily difficult to prepare yourself for them. What’s the best way to guarantee that passwords aren’t going to be the downfall of your company? A great start is by taking a close look at password best practices and two-factor authentication.
Data security isn’t a matter to be taken lightly, as too many businesses have found out the hard way. Unfortunately, there are far too many simple ways to correct common security issues – enough that it’s foolish not to do so. We’ll review a few ways to fix security issues, after discussing one of, if not the, most egregious security failings in modern history.