Last year as the pandemic raged, businesses fought back by amping up their digital and online efforts. Unfortunately, as more and more people used digital options, cybersecurity threats increased as well. Staying safe from phishing and malware will be top priority moving forward, says the “2021 Business Leaders Outlook” survey conducted by JPMorgan Chase & Co. Here are the ways in which business leaders are armoring their businesses against cyberattacks:
- 71% are educating and training employees
- 55% are developing proactive countermeasures
- 53% are purchasing cyber insurance
- 51% are designating an in-house person/team for identifying threats and opportunities
- 39% are creating a contingency plan
- 39% are hiring an external consultant to identify threats and opportunities
- 10% are collecting additional data for analysis
According to Cisco, cybersecurity is the practice of protecting systems, networks, and programs from digital attacks. These cyberattacks are usually aimed at accessing, changing, or destroying sensitive information; extorting money from users; or interrupting normal business processes. Implementing effective cybersecurity measures is particularly challenging today because there are more devices than people, and attackers are becoming more innovative.
If you have not already been hit with a security breech, trust me it causes massive disruption and wasted dollars. Processes and productivity come to a halt. Before this happens to you, establish a team – internal and external – to develop a prevention plan and a recovery plan to avoid downtime. It’s worth the money!