Cyber Security Risks That Threaten Businesses | Business

What is cyber risk?

Cyber risk is the threat of data loss, property destruction, or ransom demands resulting from a hack of your company’s information technology (IT) systems. Cyberattacks can result in financial loss or disruption to your business. They can also harm your brand’s reputation if consumers don’t feel their information is secure with your organization.

Cyber risks can lead to computer system failure and the unauthorized use of information. If an unauthorized person gains access to your computer system and databases, they can halt your operations or steal your information unless you pay a ransom. This is why you need to have the right cybersecurity. With just a computer and internet connection, anyone, anywhere, can launch a phishing attack or leverage artificial intelligence (AI) for more sophisticated crimes. “This universality makes every unsolicited email, text or social media message a potential threat,” said Dr. Arun Vishwanath, author of “The Weakest Link.”

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15 Ways to Digitally Protect Your Business | Getentrepreneurial.com

In today’s digital age, technology reigns supreme, leaving businesses to face an ever-increasing threat of cyberattacks and data breaches. The importance of implementing robust digital protection measures cannot be overstated. Safeguarding sensitive information, preserving customer trust, and ensuring uninterrupted operations are vital to a successful business strategy. This article explores 15 effective ways to protect your business digitally, offering practical tips and solutions to fortify your defenses against the lurking dangers of the online world.

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15 Ways to Digitally Protect Your Business | Getentrepreneurial.com

In today’s digital age, technology reigns supreme, leaving businesses to face an ever-increasing threat of cyberattacks and data breaches. The importance of implementing robust digital protection measures cannot be overstated. Safeguarding sensitive information, preserving customer trust, and ensuring uninterrupted operations are vital to a successful business strategy. This article explores 15 effective ways to protect your business digitally, offering practical tips and solutions to fortify your defenses against the lurking dangers of the online world.

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How Much Should Your SMB Budget for Cybersecurity? | business.com

Cybersecurity is important for businesses small and large. Here’s what you need to secure your network and devices, and how much to budget for it.

With national news and anecdotes regularly featuring stories of cyberattacks on businesses of all sizes, small businesses are planning their budgets with cybersecurity in mind. While implementing effective cybersecurity policies is more important than ever before, it’s important to understand the risks you face and whether you are doing enough to protect yourselves.

Like many core business functions, cybersecurity often requires a monetary investment and therefore needs space in your budget. The need for cybersecurity isn’t going away anytime soon. In fact, cybersecurity is actually becoming more and more relevant for small businesses. That’s why it’s important to consider cybersecurity as a financial priority in 2021 and beyond. This article will discuss what you need to know about budgeting for cybersecurity, including the following:

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Ex-FBI Official to CEOs: Your New Job Is Chief Risk Officer | Inc.com

What are you doing tomorrow? Frank Figliuzzi, former assistant director for counterintelligence at the Federal Bureau of Investigation, wants you to block off your morning and plan how you’re going to handle your inevitable cyberattack.

“This is the new robbery. This is the new 7-Eleven convenience-store stick-em-up,” says Figliuzzi. “The time to make a decision is not in the middle of a crisis.” Figliuzzi recently talked about how to protect corporate brands and reputation in the digital age with Gary Sheffer, a professor of public relations at Boston University. They spoke in a webinar by Smart Works Collaborative, an initiative on change and disruption in business from Westport, Connecticut, public relations firm Meryl Moss Media Group. Figliuzzi, author of The FBI Way: Inside the Bureau’s Code of Excellence (Custom House, 2021), offered guidance that business owners and leaders of organizations of all kinds can use to protect against the growing threat of ransomware and other cybersecurity risks, including deep fakes. Here are some takeaways you can put to work today.

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LulzSec, Sony, And The Rise Of A New Breed of Hacker | Huffington Post

In a press statement released last week, the group wrote, “We recently broke into SonyPictures.com and compromised over 1,000,000 users’ personal information, including passwords, email addresses, home addresses, dates of birth, and all Sony opt-in data associated with their accounts.” LulzSec also claimed to have gotten hold of “3.5 million ‘music coupons,'” which the group then invited the public to “plunder.”

Their motivation, it seemed, was something other than monetary gain. But what? An introduction on their website offers a clue: “We have now taken it upon ourselves to spread fun, fun, fun… ”

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