Have you ever wondered what a cybersecurity breach does to a company? It can cripple a small business and ruin a reputation for a large company that has had client information stolen. A ruined reputation can be just as bad, or even worse than an immediate financial loss due to the cost of repairing a reputation. While this can be bad for your company, we are here today to explain how it can happen and what to do if you happen to experience one so you don’t get destroyed by a breach.
What is Cybersecurity?
Cyber security is the collective methods, technologies, and processes to help protect the confidentiality, integrity, and availability of computer systems, networks, and data, against cyber-attacks or unauthorized access. Protecting all organizational assets from both external and internal threats is the main purpose. There are many different contexts that cyber security can be divided into.
The division can be into departments such as network, application, and information security. All are meant to protect your company’s most valuable asset, its information. All three of these branches protect things like your network, software, hardware, and keep your data private.
How a breach can happen
Hackers have developed a pattern to assure that they get what they want. The first thing that happens is that a potential hacker does their research. They spend time researching where your cybersecurity’s weak points are. Once they find your weak spot, they attack. The actual attack can include gaining access to an organization’s infrastructure through the vulnerabilities they found when researching. The data breach can be the most crucial part of the entity being attacked. The people targeting your company are typically after things like intellectual property, customer/client information, and employee/customer financial information.
Ways to prevent a breach
Preventing cybersecurity breaches is something that every organization should invest their time and money into. This can help to protect important information the organization has to protect. There are tips that can help to prevent cybersecurity breaches, such as using cybersecurity software, securing hardware, backing up and encrypting data, and investing in cybersecurity insurance. Along with this, password managers and technology like two-factor authentication can help in being the first line of defense against security breaches. All of these tips will help lock down your information so that it is secure at all times.
Solutions to a breach of cybersecurity
If you’re unlucky enough to experience a cybersecurity breach, here are some solutions that are available to minimize the damage. The first is to investigate the breach thoroughly and have a plan in place to deal with the breach. The plan should immediately focus on stopping the breach. Knowing as much about the breach as possible is crucial in order to prevent another attack in the future.
Notifying customers after the breach has been stopped is a required solution because most states have reporting laws in place. If customers are not notified in the correct way, there are repercussions that would affect the business in a negative way. The last solution would be to determine what was lost and find out if the backup data was accessed. For more information on this, click here.
The cybersecurity world can be a difficult one to navigate, but once you know, the better off you’ll be. Follow these tips and contact us for any questions about how we can help with locking down all of your systems.