4 reasons why cyber security is important for your organization
Why does your organization need cyber security? At Tozetta we can think of countless reasons! Read about cyber security at Tozetta.
Discover why taking cyber security seriously is essential for the continuity of your organization. We've listed a number of reasons to raise awareness and help improve your cyber security. Below are the main reasons why you should take cyber security seriously:
1. Cybercrime is becoming more popular
About 1 in 8,000 businesses falls victim to a fire. This is exactly why every commercial building has fire safety measures in place. Think of an evacuation plan, sprinklers, or fire extinguishers. Research currently shows that about 1 in 5 businesses falls victim to cybercrime. An enormous difference compared to the fire statistics.
Online crime currently even surpasses offline crime, according to research from CBS (the Dutch national statistics office). Cybercriminals are becoming increasingly active, smarter, and more sophisticated. It is crucial to stay ahead of these criminals. That's why cyber security, and reading up on possible cyberattacks, is an excellent starting point for improving your digital security.
2. The financial consequences of a hack
A hacked company faces significant financial consequences. As many as 60% of affected businesses go bankrupt within three years. Problems resulting from a hack are often difficult to resolve. In a ransomware attack, encrypted data often remains inaccessible, and stolen databases are sold on the dark web for years.
This situation can lead to targeted phishing attacks on individuals in your database. For example, an email sent on behalf of your organization that scams contacts from your leaked database. You can imagine this can cause serious reputational damage and severely undermine the integrity of your organization.
3. Anyone can become a victim of cybercriminals
Yes, your company can also become a victim of cybercriminals, just like ours can. Many businesses think they aren't interesting enough for cybercriminals because of their size or profile. Cybercriminals often opt for the path of least resistance. More than 50 new vulnerabilities are discovered daily in various software and systems. 90% of these vulnerabilities can be exploited by cybercriminals with limited technical knowledge.
By using various tools, vulnerabilities can easily be identified. This makes it easy for a cybercriminal to get to work at companies that simply don't (yet) have their cyber security in order.
Believe us — for any database or industry, a criminal can come up with a business model.
4. Errors caused by (third) parties
People make mistakes, and as many as 70% of all hacks are the result of human error. These errors don't only occur within your own organization, but also at external parties you work with. Think of website builders or app developers. These online systems can contain vulnerabilities. Even if your staff is well trained and takes security measures, vulnerabilities can be discovered at other companies you do business with, allowing your data to be stolen without the third party even being aware of it.
How do I improve my cyber security?
If you'd like to talk with Tozetta about identifying vulnerabilities in software and systems, that's possible! We always make time to answer your first questions free of charge. Based on an intake conversation, we can put together a no-obligation proposal for collaboration. Get in touch with us for this.
Of course, you can also read plenty online about our services, such as a pentest or hacking as a service!