The topic of cybersecurity is everywhere in the world of business today. Around every corner, the threat of hacks, invasions and ransomware attacks loom, and no organization is too small to be compromised. With the increased risks of these issues, the need for a cybersecurity – and a strategy for cybersecurity – is imperative.
When determining your cybersecurity strategy, it’s essential to consider all potential forms of loss from an incident. For example, ransomware may not just result in the cost of restoring data but could also include additional labor costs to clean up the malware, forensics investigation to confirm if any data was taken as part of the attack, and production losses while systems are down – to say nothing of the costs to your organization’s reputation. By the end of the process, this could rack up a hefty bill.
Then, there are the secondary costs, which could include regulatory fines, legal fees, and settlements. Importantly, your insurance may not cover these costs.
If data was exposed during the attack, you could lose competitive advantages from customer data, trade secrets, client lists, or other proprietary information. The costs from this type of data and reputational damage can be challenging to quantify and are seldom recoverable from your insurer. They’re also often the more expensive types of costs.
So, what are the best steps to take toward protecting your company and avoiding these different forms of loss?
The best protection is a rock-solid defense. And the best defense is a good offense. View your network as an attacker would, finding and fixing the vulnerabilities before they can be exploited and continue to do this on a regular basis. Because cybersecurity is not a one-time fix; it’s an on-going way of life.
And that’s where Stratix Systems can help.
Stratix Systems delivers a full suite of effective cybersecurity and compliance services –multi-layer protection to prevent cyber threats from damaging your network, applications, data, and confidential information. Whatever your organization’s needs for cybersecurity, Stratix has the experience, people, resources, practices, and technologies to help you protect your systems and information and take your organization to the next level.
Visit https://stratixsystems.com/managed-it/cybersecurity/ to learn more.