If you're a small business there's around a 1 in 2 chance that you'll experience a cyber security breach.
What is cyber security?
Cyber security comprises technologies, processes and controls that are designed to protect systems, networks and data from cyber attacks.
Effective cyber security reduces the risk of cyber attacks and protects organisations and individuals from the unauthorised exploitation of systems, networks and technologies.
What are the consequences of a cyber attack?
Cyber attacks can disrupt and cause considerable financial and reputational damage to even the most resilient organisation.
If you suffer a cyber attack, you stand to lose assets, reputation and business, and potentially face regulatory fines and litigation – as well as the costs of remediation.
many small to medium-sized enterprises are unclear about the ways in which they’re vulnerable, and as many as 45% mistakenly think they’re not a viable target.
In fact, all Internet-facing organisations are at risk of attack. And it’s not a question of if you’ll be attacked, but when you’ll be attacked. The majority of cyber attacks are automated and indiscriminate, exploiting known vulnerabilities rather than targeting specific organisations. Your organisation could be being breached right now and you might not even be aware.
Supported by J.P.Morgan
Creating a solid cyber security foundation
The most effective strategy to mitigate and minimise the effects of a cyber attack is to build a solid foundation based upon a sound cyber policy