Tag Archives: Cybersecurity threats

The Consequences of Not Having a Proper Disaster Recovery Plan

Disaster Recovery Plan
Cybersecurity, Data Backup, Manage Service, Security, , , , , ,

We have often talked about how having a disaster recovery plan is one of the most crucial elements of good business management. Despite our constant posts and reminders, however, there are still thousands of business owners all over the world that do not take disaster recovery seriously.

Most businesses take precautions to protect other aspects of their business—car insurance, vendor contracts, and so on. But it’s scary that many people choose not to spend money on a good disaster recovery plan.

How will you handle a disaster that damages your data, equipment, or other resources? If you have prepared a business contingency plan for such events, you will have something to fall back on. There might be losses, but they will be minimal, and you will be able to restore everything soon enough.

If you don’t have a proper disaster recovery plan, you might not be able to continue with business operations. Here are some consequences you might face if you cannot prepare a suitable recovery plan for your business right from the beginning.

Disaster and Substantial Data Loss

Businesses rely on many kinds of data to operate properly. From marketing to sales to customer records, your company’s data plays a considerable role in day-to-day operations. If your data gets lost or damaged, your business can invariably collapse!

Even huge companies are not immune to the effects of data loss. Many people have had to spend millions of dollars just to get their data back after they lost it because of a cyberattack or a natural disaster.

Business Interruption

If a disaster hits your business and you don’t have the means to recover, your operations may come to a stop. You can’t work and earn money until your business is back on its feet. Without a proper disaster recovery plan, recovery can take a very long time!

Depending on the amount of damage, you will either need to rebuild your business or relocate. Either way, the process will be difficult if you don’t have a recovery plan.

Loss of Customers when not having a Disaster Recovery Plan

No matter how loyal some of your customers might be, it is unlikely that all of them will stick around if they see that your business has suffered from a disaster. Some may wait a while if they see you doing your best to recover and restore all lost information. They will take their business elsewhere if they discover you can’t fully recover.

What’s worse is that even if the disaster did not directly affect other clients, the news might spread quickly, and they might leave as well. New prospective clients might also think twice about entrusting their needs to you.

Huge Spending

Disaster recovery can be expensive, even with a plan, especially if you do not prepare for a disaster. Depending on the type of disaster, you may need to buy new hardware and re-encrypt any lost or damaged data. You are also losing a lot of money because you haven’t yet gotten back on your feet.

Disaster Recovery Plan: Final Thoughts

Research shows that 40% of businesses do not have a contingency plan in case of a disaster. These businesses will have a hard time getting their money back if something bad happens.

If you want to prepare your business for a disaster, we can help! Get in touch with us, and we will build a disaster recovery strategy to give your business the most comprehensive protection possible. Don’t forget that we can help you check if your office has exposed or stolen passwords or login info by running a Free Dark Web Scan. If you want to test your Backup Disaster Knowledge, take our BDR Quiz!

Things to Consider in Building a Data Recovery Strategy

Data Recovery Strategy
Cybersecurity, Data Backup, Security, , , ,

Disasters have different effects on our business, all of them unpleasant. We can avoid many of these disasters by setting up cybersecurity protocols to protect sensitive data. We can think of a data recovery strategy to help prevent these disasters from happening. Many threats avoid the tightest defences, leaving your system in complete chaos. With these breaches, you need a plan for recovering data that will keep your business running even if something unexpected happens.

Types of Disasters to Look Out For With Your Data Recovery Strategy

There are many types of disasters that can befall a business. The first type that comes to mind is the online attacks that lead to data breaches, hacking, and data theft if you don’t have a recovery strategy in place. Indeed, cybercrime is among the leading causes of data loss and damage these days. But there are also plenty of other dangers that you should be able to recover from.

Building Disasters

Natural disasters or man-made disruptions in the physical location of your business can cause a lot of damage and must be planned for. If you experience a fire or the power goes out, a bucket of water or generators might not be enough to save your business. You will also need a good data recovery strategy that you can rely on.

Communication Failure

Digital and non-digital disasters can also cause a failure in communication. Hacking and data breaches, for instance, can hinder inter-departmental communication. Natural disasters can also cut off communication channels, but differently.

Application Failure

Hardware and software that haven’t been updated regularly can cause systems to crash, which can cause data loss or damage if we have no recovery strategy for our data. You can protect your business from these things by ensuring your equipment and all apps are always up to date.

Datacenter Disasters

Malware attacks are the most common cause of data centre disasters. Viruses, phishing software, and similar tools can directly target your company’s data for theft or use them to make ransom demands.

City and Regional Disasters

These are more widespread disasters that affect the entire city or state. It can be harder to stop these disasters because they are often out of people’s control. Typhoons, floods, earthquakes, and other similar natural disasters are examples of this type.

National and Worldwide Disasters

These disasters happen on an even bigger scale. They can be physical or digital and can quickly spread to many places. The recent pandemic is an example of a disaster that was so bad that it stopped all businesses globally. Similarly, many types of data attacks also target victims on a global level. That is why we should always have a data recovery strategy in place when this type of disaster happens.

Critical Elements of an Efficient and Reliable Data Recovery Strategy Solution

Now that you know what you are up against, you can plan a data recovery strategy that will work best for your business. When making a strategy, prioritize which parts of your business must be recovered first.

Each business is unique and has its own specific needs and priorities. To understand the best data recovery strategy for your business, you need to know about your resources, finances, risks, insurance, supply chain, and compliance needs.

The Crucial Role of Dependable Backup In Data Recovery Strategy

When coming up with a data recovery strategy, you should always have a copy of all your data for when something goes wrong. You can store your backup in the same place as your business, which sometimes works and is usually the easiest option. But usually, cloud-based data backup is much more reliable, especially in natural disasters that could destroy your physical data storage.

Final Thoughts

Preparing a data recovery strategy for your business is not something you should take lightly, as you can see. It will take a lot of careful thought, time, and, ideally, the expertise of cybersecurity experts.

One step you can take is to watch our on-demand cybersecurity webinar. You’ll feel safer knowing your credentials are not for sale by hackers!

You know your business best, so you are in a great position to make a strategic plan for data recovery. But if you would like to take advantage of our team’s expertise and experience in data recovery, we are more than happy to help! Call us anytime, and we will prepare your business for any disaster.

Quiz Time: Can You Handle Social Media Phishing Attacks at work?

Social Media Phishing
Anti-virus, Cybersecurity, Malware, Phishing, Security, , , , , ,

Our last three blogs have discussed cybersecurity threats and how they affect a business. We have talked about the dangers that stem from various types of malware. We have warned you about the newest cybersecurity risks expected to wreak havoc on businesses soon. And in the face of the ongoing growing acceptance of remote work setups, we have delved into the threats related to working from home. Now, we will now talk about social media phishing.

The common thing in all these topics is that they are all linked to phishing. A strong phishing attack can make a network open to the online threats that we have talked about. Thus, you and your employees must know how to handle social media phishing attacks at work. To find out just how prepared your staff is to circumvent phishing attacks on social media, you can have them take the following quiz.

A Brief Quiz on Social Media Phishing

Here are ten statements that have to do with phishing in social media. Read each one carefully and decide whether it is TRUE or FALSE.

  1. It’s safe to click on social media links and messages at work.
  2. A lot of phishing attacks use publicly available information.
  3. Social media phishing attacks target only individuals, not organizations.
  4. A cybersecurity risk assessment reveals the weak areas in your company’s security strategy.
  5. A ransomware attack occurs once every 40 seconds.
  6. Hackers have a lower chance of attacking smaller businesses.
  7. Malware and virus protection is more important than employee cybersecurity training.
  8. Cybersecurity insurance can save your business.
  9. Two-factor authentication is better for account logins.
  10. Working from home and working from the office are equally safe.

Quiz Answers

  1. False – Even if your company has a reliable cybersecurity system in place, it’s never 100% certain and could be a social media phishing scam. Always be conscious and vigilant if you want your data and network to stay secure.
  2. True – Most of the time, hackers use information already available to the public. We should be careful in revealing information, even if it seems harmless. Hackers might use anything that is made public as a tool for attacking your important files.
  3. False – Social media phishing attacks used to target individuals, but the hackers that use this method have now levelled up and are also targeting organizations, even big companies.
  4. True – You don’t have to wait for an actual phishing attack to gauge the strength or weakness of your defenses. An MSP can give you a thorough risk assessment to identify the weak spots you need to work on.
  5. True – Ransomware attacks are much more frequent than people realize. Most businesses are on a hacker’s hit list, but they have not launched an attack yet.
  6. False – Smaller businesses are at a greater risk because they often have weaker defenses against online threats,
  7. False – Both are very important and go hand-in-hand with an effective cybersecurity strategy.
  8. True – Some business owners forego getting cybersecurity insurance, thinking it is unnecessary and expensive. But if you fall victim to a security breach, it can cost you upwards of $50,000, and cyber insurance can help cover such amounts.
  9. True – Two-factor authentication is much harder for hackers to penetrate than single-step login, making it more secure.
  10. False – While there are plenty of things we can do to make working from home safer, it is still not nearly as secure as working from the office, where software updates and router upgrades are easily done.

Evaluating the Results

Did you get a 10? If so, you have the knowledge and skills to deal with any online attack! Warding off phishing attacks on social media will be a cinch!

A lower score means you need more training, which is something the company can do. As a comprehensive managed services provider, we have a highly competent cybersecurity team that can train your entire staff and prepare your company to face cybersecurity risks. Contact us today to learn more!

If you want to be more thorough with testing your Phishing knowledge, we have another quiz for you to take! After taking your quizzes, if you need to learn more about cybersecurity please watch our cybersecurity webinar, so you can better protect yourself and your business!

New Cybersecurity Risks: Are You Prepared?

Cybersecurity risks
Cybersecurity, Malware, Security, Technology, , , , , ,

The ongoing development of digital technology has been highly beneficial for businesses globally. Processing data is faster, reaching customers is much easier, and everything is much more efficient. But with these benefits, there is also a growing cause of concern with cybersecurity risks. Hackers have access to the same advanced tech. They have used it to their advantage to get private information.

What Are the Top Cybersecurity Risks Today?

Each year brings with it new trends in terms of online risks. If you are a business owner, stay aware of the latest threats to keep your business safe and protected. Here are some of the newest threats you should know about.

Vehicle Hacking

Many cars today come with software that makes travel more efficient and safer. It is ironic, though, that these new safety features also bring with them a different safety hazard.

With the wireless tech used in these systems, users can also become exposed to several threats. Hackers will target the most unsecured of these systems to tap into the mic or even secure control of vehicles. If you plan on using this tech, be ready with suitable cybersecurity measures to counter these threats.

Artificial Intelligence

For some time now, AI has helped to create security systems, such as face detection. But AI is also being used by hackers in this modern time. Some AI-based malware can bypass advanced security protocols and secure access to private information.

Mobile Malware Attacks

The growth of cell phones in the last decade has been amazing. Today, almost everyone owns a mobile device. Many people even have two or three that they use, not just for personal use but also for work purposes.

Naturally, hackers are taking advantage of this growth. Not only are there millions of prospective victims, but most mobile devices are not even that protected. That is why this community is a gold mine for hackers to collect your data.

Cloud Threats

The cloud is another place for new risks. There have always been strict security measures applied on clouds because they can be risky. But with the increased use of these online comes an increased risk of data leaks or unauthorized access.

Cloud apps come with security protocols. However, as a business owner, you should have your own cyber security measures in place for added protection.

Human Error

Amidst all the new cybersecurity risks, the fact remains that human error is the most common cause of data and network security issues. Even with the most advanced security measures, your company will still be at risk for attack unless you educate your employees.

Businesses must conduct training regularly for their employees. Likewise, it is wise to do constant surprise readiness checks to see how aware and prepared your staff is to handle online threats like phishing and malware attacks.

Preparation is the Best Defense Against Cybersecurity Risks

New cybersecurity risks will always appear, and there’s not much we can do about it. Make sure your business is as protected as it can be from these modern threats.

We can help your defences in multiple ways. Can set up the most secure cybersecurity system for your company. Equip you with the knowledge and skills to protect your data and network. We can train your staff. Turn them into an efficient first line of defence against any online threat.

If you are ready to take your defences to the next level, call us and we will set you up. And you can start your new Employee Training today and have everyone in your office watch our Free Cybersecurity Webinar.