It’s natural when first beginning a business to start out doing many things yourself. Business owners want to save money and keep overhead as low as possible while they grow.
One of the biggest existential threats to a business is a cyberattack. There used to be a time when companies only needed to worry about viruses ruining a single computer, but today’s threats are much more devastating and can cost millions of dollars.
Today’s business landscape would have been unrecognizable 30 years ago, thanks to the implementation of Information Technology to manage and run operations. With such a reliance on IT, business needs to mitigate risks and implement a disaster recovery strategy to ensure there is continuity in the business even though IT infrastructure fails in any way. Data disasters come in many forms – some can be natural such as an earthquake or flood, some are technical such as utility disruptions or blackouts, and others are human-based such as cyberattacks or human errors. The financial impact of an IT disaster on businesses … Read more
Every business should have a strategy and best practices in place to mitigate risks of online hacks, unauthorized access and breaches of security. Businesses hold a large amount of data and personal information about their business practices, staff, contractors and customers. With the privilege of data collection comes the responsibility to protect it from harm. Don’t wait until it’s too late and your brand ends up headlining the news because there was a hack and data leak. This type of damage is difficult to overcome, and many businesses have had to close their doors after a data breach. … Read more
Businesses today hold a lot of electronic data. Whether your business is an online store, B2B, B2C, manufacturing business, or anything in between, it is likely that you hold a lot of sensitive and confidential information about your staff, contractors, and customers (such as social insurance numbers, addresses, dates of birth, banking information, usernames, passwords, etc). Hacks and data breaches are a threat to all businesses! You Have A Duty Of Care As a business, you have a duty of care to protect sensitive data that you hold on your staff, contractors and customers, and mitigate your risk against … Read more