Seven Reasons You Need Strong Cybersecurity

1. Ransomware, according to Cybersecurity Ventures, Ransomware will have cost businesses and organizations around the world $11.5 billion in 2019 in ransom money, downtime and lost data.
2. Email accounts are hacked because they are often a weak link in an organization’s security pipeline.
3. Data breaches
   A data breach can be caused by:
   • Human error
   • System glitches
   • Malicious or criminal attacks
4. Laptops, lost or stolen company laptops are a common cause for security incidents.
5. Employee theft, IBM’s 2016 Cyber Security Intelligence Index found that 60 percent of all breaches are carried out by insiders, including current and former employees who—intentionally or unintentionally—take classified or proprietary information with them when they depart.
6. Lack of employee training. Do your employees know what to do when a data breach occurs?
7. Your customers entrust you with their financial and business information. It’s your responsibility to protect it. A strong cybersecurity policy should be part of your marketing materials—it demonstrates your commitment to good business practices.

Kathy Levy