Cyber-Security: It’s time to take our heads out of the sandApril 28, 2016 . .
When I was a child, the world seemed like a safer place. We would leave our doors unlocked, keys in our cars and we would play anywhere we wanted from dawn until dusk.
In the 30+ years since, the world has changed. Home invasions, burglary, gangs and terrorism have forced us to change from being free and feeling safe to protecting our families and assets.
The era of cyber-attacks has done the same thing for businesses. When more than 40% of businesses have experienced a cyber-attack or fraud, it’s time that business owners take their heads of out of the sand and protect what they’ve built.
Just like with other crime, there’s a massive market driving the rise of cyber-attacks:
- Ransomware has made more than $325,000,000
- Personally Identifiable Information, such as health records are sold on markets on the dark web
- Credit card data accounts can be worth hundreds of dollars each
- Corporate email hacking and other targeted cyber-attacks are almost a commodity service
With a market this massive, this accessible, and often improperly protected, the epidemic cyber-attacks will continue to grow.
The risk of being attacked isn’t limited to enterprises. I recently was called by a small retail store who was breached by “IT Support”. Luckily, the breach was stopped before any data was extracted. In their case, software they had configured created a vulnerability – and they had no idea.
What was a good approach to cyber-security 5 years ago isn’t enough anymore. The flood of ransomware proves that every time another “well protected” company is held hostage. Basic, passive security measures are no longer enough. Attacks breach these standard defenses easily. And they’re getting more sophisticated every day.
It’s time for business owners to become more educated and understand (at a high level) cyber-security. To help that, the team at Incrementa Consulting is launching a regular series on cyber-security, targeted at business owners and executives.
What can you do today? Start having a conversation with your IT team about how they are securing your business or contact Mike Knapp, our cyber-security expert to go discuss your concerns.
Mike is a Technology Strategist, Project Superhero and Cyber-Security Simplifier. He is a partner at Incrementa Consulting a boutique consulting firm dedicated to helping businesses be more successful. You can connect with Mike on Twitter, LinkedIn or the Incrementa website.