Crucial Cybersecurity Practices
Posted September 2024
Did you know that 50% of small and medium-sized businesses experience cyber attacks each year? Alarmingly, 60% of those businesses that suffer a cyber attack are forced to cease operations within the same year.
Cybersecurity is crucial to protect your systems, networks, and data from digital threats like hacking, ransomware, and malware attacks aimed at stealing information or disrupting operations.
For small and medium-sized businesses, the consequences of a successful cyber attack can be severe, ranging from financial losses, irreparable reputational damage, and potentially, the closure of the business.
Vulnerabilities
SMBs face unique cybersecurity threats, including natural disasters that can disrupt operations, prevalence of high-tech scams like phishing and fraudulent invoices targeting local businesses, and risks associated with international hubs and ports such as smuggling, cyber espionage, and supply chain disruptions.
Cybersecurity Practices
SMBs can implement multi-factor authentication for critical systems, regularly update software to patch vulnerabilities, and provide employee training on identifying threats like phishing emails.
Local Regulations and Compliance
Compliance with local regulations like Florida’s Information Protection Act (FIPA), which mandates reasonable protection of personal information, is critical for SMBs to avoid legal issues and reputational damage.
Protect your business from the devastating consequences of cyber attacks. Contact iPower Technologies today to discuss a tailored cybersecurity strategy for your organization.