2 minute read
business support
Cyber Security during a recession
The news is full of it at the moment; a recession is just around the corner. ‘The recession we have been dreading is about to strike’, ‘it will be the longest and deepest recession since the 50’s’. Industry leaders will be rolling back budgets in anticipation, as revenues decrease. Costs must come down!
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One of the first places that companies look to make reductions, is their IT budgets, particularly, the section-headed cyber security budget allocation. Why?
The problem with cyber security is that it can sometimes be seen as a luxury item! Especially when there are jobs and the company’s survival is at stake. CISOs can be hard-pressed to show a return on investment, as you’re budgeting for something that hasn’t happened, but that you’re anticipating your business will be hacked at some point. It’s a tough call.
‘Preparation is the best form of defence’
Recession and the economic strains that come with it are exactly the conditions that cyber criminals relish. That a company’s constituent parts get nervous. It’s a time when employees become stressed because they are concerned about their jobs, and the company’s survival. As cruel as it sounds, ever since hacking began, cyber criminals’ primary attack surface is the people who make up your company.
IT security threats are an issue for everyone in the company. But help is at hand, cyber security needn’t break the bank. Yes, every company is different. However, creating a company-wide attitude about the importance of ‘making sure the gates, doors and windows are all closed to your data and IT infrastructure, to anybody but the correct personnel that should have access to them, is simple enough. Vulnerability management training is a crucial component in protecting your business environment from cybercriminals.
Is your business prepared?
Every 39 seconds somewhere in the world, hackers are pulling off a successful cyber attack. 81% of all breaches happen to small and medium-sized businesses. Did you know that 97% of breaches could have been easily prevented with technological solutions that are readily available, today?
Vigilance about your IT security is paramount in today’s business environment. Get ahead of the situation with technical and procedural controls in place, with a cyber security risk assessment.
To read the four key areas to look at when creating a cyber security roadmap scan the following QR Code with your Smartphone Camera.
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