THE 5 BIGGEST TECH THREATS THAT BUSINESSES FACE

Technology can be key to the success of many companies. However, if you don’t take certain protective measures, technology could also be the cause of your company’s downfall. Below are a few tech threats that cause big damage to businesses and what you can do to protect yourself from these threats.

Technology can be key to the success of many companies. However, if you don’t take certain protective measures, technology could also be the cause of your company’s downfall. Below are a few tech threats that cause big damage to businesses and what you can do to protect yourself from these threats.

Cyberattacks

Cyberattacks such as phishing, network attacks, malware and ransomware can cause huge damage to companies. Even if money isn’t extorted, sensitive data could still be stolen. They’re often costly to recover from and you can lose the trust of employees and clients in the process. All in all, you want to avoid cyberattacks as much as possible.

Cybersecurity measures like setting strong passwords, regularly updating software and not clicking on suspicious links can reduce the risk of being a cyberattack victim. Outsourcing IT support can also be a great way to defend yourself - a professional IT support company will be able to help you immediately in the event of a cyberattack, advising you on the best course of action. Make sure that all your data is also backed up.

Insider attacks

An outside cybercriminal may not always be the danger. Sometimes employees and visitors can attack your business from the inside, similarly stealing money or data.

To reduce these types of attacks, it’s important to limit sensitive information to only your most trusted employees. Run background checks on all employees and don’t allow visitors into your office without keeping an eye on them.

Online reputation damage

In this age of social media and online reviews, it’s easy to have your reputation destroyed. Negative online reviews and negative social media feedback are things that you have to look out for.

Respond quickly when you see a bad review or negative social media comment so that you can diffuse any controversy. This guide offers a few tips on protecting your online reputation.

Power outages

Power outages can be a threat to many modern businesses. Without power, vital equipment may not be able to work, which could result in costly downtime.

If it’s essential that equipment stays running, consider investing in a backup power source.

Data loss/corruption

It could also be very costly for your company if data is accidentally deleted or becomes corrupted. This could be due to human error or software/hardware issues.

Backing up your data can prevent you from losing precious information. You should also make sure that you’re updating old software or hardware and training your employees on how to handle company files correctly.

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