One Article Review
| Source |  AlienVault Blog |
|---|---|
| Identifiant | 2323226 |
| Date de publication | 2021-02-10 11:00:00 (vue: 2021-02-10 11:05:18) |
| Titre | Budgeting in cybersecurity - Can businesses afford it? |
| Texte | This blog was written by an independent guest blogger. Creating an annual budget is challenging because business owners must consider all expenses in the coming year. Apart from ensuring that everyone is paid, and taxes are taken care of, cybersecurity should be one of the most important factors to consider. Even though there are many methods businesses can use to prevent cybercriminals from stealing information, hackers are always inventing new ways of breaching closed systems. If you’re concerned about cybersecurity, keep reading, and we’ll tell you why it’s crucial for your business. Cyberattacks are on the rise No matter how small or large your business might be, you should know you’ll always be a target for cybercriminals. Cybercrime has been an issue ever since the internet was invented, and even though we have many different methods of preventing these criminals from stealing information, they always come up with new methods that are hard to detect. According to this research, around 50% of all cyberattacks target small businesses, and over 68% of small businesses reported some type of cybercrime in 2018. Criminals have become more sophisticated, making it hard for small businesses to keep up with security measures. Phishing, ransomware, malware, and data breaches are still a severe threat for companies worldwide. In fact, things have gotten even worse in the past few years. COVID-19 has made cybersecurity even more important It’s no secret that the world wasn’t ready to cope with a pandemic. The spreading of COVID-19 has shown that we all live in a fragile world where things can change completely overnight. As businesses and offices went into lockdown, business owners had to change the way they get things done. Offices closed to prevent the virus from spreading, and most businesses reorganized their operation to work remotely. Employees started working from home rather than the office, which only increased the risk of data breaches and other criminal activities. Instead of working in a closed local network, all of the work has to be done online, which gives cyber criminals plenty of opportunities to steal information. Business owners must extend cybersecurity features to each employee, which is much harder to control and more expensive. The security of the entire system now depends on employees’ understanding of cybersecurity. One small mistake is enough to jeopardize the entire company. That’s why cybersecurity is essential more than ever before and why you have to invest in educating employees on the dangers of cybercrime. Proactive budgeting approach Creating a budget for the following year comes with all kinds of difficult challenges. Traditional budgeting is often tough to figure out, and the smallest mistake can lead to problems that could lead to severe implications, in some cases completely shutting down organizations. Small businesses working on a tight budget often can’t afford to make mistakes in their calculation. That’s why proactive rather than reactive budgeting is the best option. Instead of creating a budget based on past experiences, this approach is focused on the future. The budget is calculated according to the plans for the next year, not previous years’ performance. That way, businesses can plan a budget to cover only the expenses they will need. Cybersecurity should be one of their biggest concerns, so investing more in |
| Envoyé | Oui |
| Condensat | 2018 able about according activities add advance afford ahead all allows always amount annual anticipate any apart approach approach are around attack based because become been before being best better big biggest blog blogger breaches breaching budget budgeting business business’s businesses but calculated calculation can can’t card care cases challenges challenging chances change closed come comes coming companies company complete completely concerned concerns conclusion consider control cope could cover covid create creating credit criminal criminals crucial cutting cyber cyberattacks cybercrime cybercrimes cybercriminals cybersecurity damage damages dangers data depends detect developed different difficult doesn’t doing done down each educating education employee employees employees’ enough ensure ensuring entire environment equipment essential even ever every everyone everything expenses expensive experiences expert experts extend fact factor factors features figure focus focused following fraction fragile from future get give gives gotten guest hackers had hard harder has have hiring home how however huge identify implications important improvements increased independent information informed instead insurance internet invented inventing invest investing investment involved issue it’s jeopardize just keep kinds know large later latest lead leaks live local lockdown lose losses lot low made make makes making malware many matter means measures methods might minimize mistake mistakes money more most mostly much must near need needed needs network new newly next not now office offices often once one online only operation opportunities option organizations other out over overnight owners paid pandemic part past patience performance phishing pinpoint plan plans plenty potential potentially prepare prevent preventing prevents previous price private proactive problems professional professionals protection question quickly ransomware rather reactive reading ready remotely reorganized reported research results revenue right rise risk risks running safe safer secret security sell severe should shown shutting since situation size small smallest smoothly some sophisticated spreading stability started steal stealing step strategy subject sure surely system systems take taken takes talk target taxes tell than that’s these thing things think though threat tight time tough traditional training trends try type understand understanding use user usually victims virus wasn’t way ways we’ll well went what where which who why will without work working world worldwide worse written year years years’ you’ll you’re your yourself |
| Tags | Threat Guideline |
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