In many sports, you simply cannot have an outstanding team without a great defense. There are exceptions, but it’s true often enough. The same principle applies to companies. Recently, cybersecurity has become a critical threat to businesses of all kinds; a study from Forbes highlighted these devastating statistics: source
- Cyber breaches are on the rise, affecting companies’ performances and bottom lines. Malicious attacks by cyber criminals increased by 81% in 2011 alone.
- Financial services, pharmaceuticals, biotechnology, and healthcare companies are the most susceptible to attack. In the past five years, 41% have experienced a security related crisis.
- North American companies have had the highest rate of incidents.
- Many companies have purchased insurance plans to cover $10,000,000 and more in damages from cybersecurity breaches.
The right cybersecurity can save your organization millions of dollars, and in extreme cases can even save your company from going out of business. On October 26, 2012, the FBI’s Criminal, Cyber, Response, and Services Branch (CCRSB) stated, “Intrusions are occurring 24/7, 365 days a year.” source
Companies are often not taking the appropriate precautions because they have important business that needs to get done today. As a result, many hold off on cybersecurity issues until it’s too late. It makes sense that companies focus on immediate demands, which is why a new cybersecurity company, ePArmor, has caught my interest.
They handle all of your cybersecurity needs with ongoing expert monitoring. As a cross-functional IT, security, and legal team, they make sure your company meets all of your industry’s regulatory requirements. ePArmor protects against possible intrusions 24/7, 365 days a year: they work smarter and harder than those working against you.
Waiting until the last minute can be catastrophic. Take preventative action rather than having a panicked reaction to a crisis situation. Investing in quality cybersecurity could save you significant amounts of time, money, and potentially your business.