Data breaches are every company’s worst nightmare. Unfortunately, they’re more common than you might think—in 2020 alone, 155.8 million Americans suffered the consequences of a data breach.
If a cybercriminal has targeted your organization, you may be wondering: What should a company do after a data breach? Who do you report a data breach to? And how much does a data breach cost a company, when all is said and done?
Cyberattacks are on the rise, and as a result, cybersecurity is quickly becoming one of the most critical necessities for small businesses and a key revenue driver for hosting providers. We recently shared that one of the surges in cybercrimes has been in the number of ransomware attacks. In the post, we cover just how serious the threat is becoming, and it’s not the only one facing small businesses!
The biggest takeaway from these threats are that companies that are the most security-conscious are the ones that will win more customers, and enjoy higher profit margins.
At worst, data breaches wreak financial havoc and reputational damage that can sink your business entirely. At best, data breaches can be costly embarrassments that can put your business on a path to a long road to recovery. That’s why it’s crucial for business owners and their employees to learn how to prevent a data breach. According to an IBM report, potential cybersecurity breaches can take, on average, about 280 days to detect. That’s a long time for malicious actors to have unfettered access to your company’s data. If you know how to recognize a data breach, you can save your company a lot of money and time in rectifying the fallout.
On June 4, 2021 the FBI released a statement that there has been “a rapid increase in ransomware attacks against private sector companies.” Though they have said that they are investigating, and they’ve “made these investigations a top priority,” that doesn’t exactly inspire peace of mind considering they also frequently state that there isn’t much recourse when cybercrimes occur. In fact, they went so far as to post on their cyber crime page, “Because of the global reach of cybercrime, no single organization, agency, or country can defend against it.”
“Your data has been compromised.”
Like most people, you hope to avoid hearing the aforementioned words at all costs. However, data breaches happen far more often than you might expect. In 2020 alone, 1,001 data breaches swept the United States—affecting a staggering 155.8 million individuals.
With that in mind, you may be wondering: What are some specific examples of a data breach? Here are three recent data breach examples that shook the corporate world.
Writer and pioneering aviator Antoine de Saint-Exupéry said, “A goal without a plan is just a wish.” This is true in virtually every aspect of business, and in life. With that said, if you wish to make your business more successful, you must make a plan for this desire to become a reality, otherwise it will continue to be merely a wish. Below, we’re sharing the elements that make up a good marketing plan in the hopes of inspiring you to develop one for your own business to help your business wishes come true.
Social Security numbers, bank account details, credit card information, login credentials, health records. Personal information is a hot commodity for cybercriminals—and should be protected at all costs. Whether it’s directly connected to finances or a gateway to even more valuable information, personal and business data is sought after for one key reason: it’s profitable.
The biggest problem with websites is that many moving parts contribute to overall performance. From security vulnerabilities to the quality and even type of web hosting you choose – many factors have to be considered.
Website performance and availability are important operational elements. Slow websites can impact search rankings and conversion rates while having it go down may result in serious financial or reputational damage.
Whether you are just starting a software as a service (SaaS) business, or have been in the game for years, it’s always beneficial to understand the primary pricing strategies for your products. In truth, it’s not uncommon for a business to realize they have been over or undercharging for their products. With this in mind, below we’re uncovering pricing strategies that are working in an effort to help you develop your own pricing model.
A web application firewall (WAF) is a powerful tool for protecting your website or web applications against hackers, bots, and other malicious visitors. However, there may be times where you need to know how to turn off a web application firewall safely or how to disable a web application firewall. Those instances may include:
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