28 Sep Galíndez Insights: Why You Should Care About Cybersecurity
Recent years have seen a relentless surge in data security incidents, with high-profile breaches becoming increasingly common. In 2023, a massive data breach at a major retailer exposed the personal information of millions of customers. The following year, a significant cybersecurity incident at a global tech giant led to the compromise of sensitive user data. Even government agencies have been targeted, with sophisticated cyberattacks compromising critical infrastructure. These attacks are not limited to large organizations; studies have shown that small and medium-sized businesses are particularly vulnerable to cyber threats, often lacking the resources to implement robust security measures.
Some reasons for this issue, reports have revealed, is that these companies have unprotected data and poor cybersecurity practices in place, which makes them an easier target to experience data loss. The extent of these attacks has been measured by one University of Maryland study, that showed hackers make attempts every 39 seconds to breach a system, which calculates to 2,244 attacks a day. Additional reports have also shown that 71% of breaches were financially motivated. These types of security breaches can cause businesses and their consumers to feel frustrated and terrified. This can lead to customers limiting their use of the services of the business or even discontinuing their relationship altogether.
Concerns about the increase in cybersecurity are being felt among 68% of business leaders. It is clear that cybersecurity poses a real threat to a business’s current operation and of its future stability and growth. Thus, companies hoping to continue to thrive in this malicious cyber environment need to make cybersecurity awareness, prevention, and safety procedures an important part of their company core values. It is invaluable to commence with assessing your company’s current cybersecurity risk, identify the possible inefficiencies, and take the needed action to improve the overall security practices.
When you invest in these steps, you are allowing greater transparency in your business behavior and thus allowing your customers to strengthen their trust in you and become promoters of your brand. Galíndez LLC IT Risk Consulting Division has the tools and the mindset to provide your business with the strategies it needs to protect your safety-sensitive information. When you do all you can to take cybersecurity seriously then you avoid being another victim of the crippling effects of these crimes and contribute to a change in the cyberculture of business today. Get better acquainted today with Galíndez LLC’s cybersecurity options for you.