Cyber attacks on your business are not as straightforward as theft or a break-in. They can cause devastating financial losses and according to Worldplay, affect your business’s reputation for years. From Capital One to DoorDash, more and more businesses are falling victim to data breaches. In the first 6 months of 2019, there were already 3,800 publicly disclosed breaches exposing 4.1 billion compromised records.
An annual survey by the Poneman Institute, which researches data protection and Keeper Security, a manufacturer of password protection software, found the number of data breaches each year to be growing rapidly. Additionally, a report by Cyber Risk Analytics states the majority of breaches reported this year had a moderate to low severity score (exposing 10,000 or fewer records). This is a crucial statistic because many businesses wrongly assume that they are too small to be targeted, when in reality they are more easily targeted because of their less well-guarded data stores.
As this trend continues to rise and slowly become our new norm, it’s imperative for businesses to understand what the threats are and what they can do to protect themselves and their customers against cyber attacks.
Companies are struggling to devote resources to adequately protect their business from cyber threats. Business and consumers alike fall into a mindset of “it won’t happen to me” and I don’t need the extra protection”.
Here is the reality: The internet is a global door into your business. Unlike physical threats to your storefront, cyber threats can come from anywhere, at any time. Data breaches, data destruction, phishing, malware, ransomware, and productivity loss are all cyber threats that can affect any business; small, midsize, or enterprise-level. However, just like physical threats, cyber threats can be managed with the right tools.
How You Can Prepare:
To truly protect your business from evolving cyber threats, you need to incorporate a multi-layered defense plan. To put it plainly, you need a properly configured firewall, training and protection for email and password best practices, remote connections via VPN, and certified, professional monitoring. ADT can help you become an informed customer in buying cybersecurity, even if you don’t buy from us. We’re your trusted security advisor and invested partner.
Research from Gartner suggests that, through 2020, 99% of firewall breaches will be caused by simple firewall misconfigurations, not flaws. This means you will not only need a vendor with a next generation firewall, but you’ll need an expert to help to configure the firewall to truly cover all of your bases. ADT partners with companies like SonicWall that have the latest and greatest technology to provide a complete network perimeter defense. Together, we provide professional installation, certified configuration, and ongoing 24/7 support in managing the firewall.
Wherever you choose to go for your cybersecurity, ask your provider to supply their certification to you. Each firewall manufacturer has an ascending level of certifications that document a technician’s level of expertise on that device. These certifications must be achieved by taking rigorous application-based tests. The certifications are also listed on all firewall manufacturers’ websites.
Everyday inlets to your data- emails, guest networks, any devices that you use to connect to your business or customers- these are all potential avenues for hackers that are looking for vulnerabilities in any size company via automated internet software programs. The optimal cybersecurity vendor will scan emails for spam and capture malicious code before it enters your network to keep ransomware and phishing scams off of your network. The ideal provider will also supply VPNs (Virtual Private Networks), which work as a mobile firewall for the devices you use to access your company data from afar.
It may seem like a lot to incorporate every level of this multi-layered defense plan if you’re only operating a small business, but as our ADT cybersecurity expert Larry Cecchini says, “Would you leave your windows unlocked because you are the smallest house around?”
If your business should fall victim to a cyber attack, there are additional options to help protect you, such as cyber insurance. Also, it’s important to have a plan in place: make sure you have spoken to a legal advisor or your corporate attorney about necessary actions in the event of a breach.
ADT Cybersecurity customers enjoy enterprise-level security packages at an affordable price. All of the services mentioned above that are instrumental in a multi-layered defense plan are available and customizable to meet your business’s specific needs. There is peace of mind in having an integrated plan that is designed, installed, and managed around the clock by experts. Check out our Business Solutions page to learn more and get the protection you need.