TNP Blog

How Cyber Threats Derail Your Business

Written by The Network Pro | Sep 3, 2010 2:55:22 PM
Cyber threats cost you money, precious time -- in the form of endless man-hours spent on protecting your company from Internet related threats, and can even derail your business completely. If you run a small or medium business, the losses can be dramatic, to say the least. Content and web-security threats are profit driven and are growing highly sophisticated. According to a survey conducted by the Department of Justice, U.S[1], a whopping 60% of businesses have succumbed to cyber crime.

Cyber criminals seek to compromise your data, infect your networks with botnets, seed data-stealing malware, wage ransom attacks and breach your precious data. Privacy rights clearing house reported that over 245 million records[2] have already been breached as of September 2008.

On top of that, technology and complications arising out of changing business trends complicate the matters even worse. Thanks to proliferation of mobile workforces, telecommuting; social media, web 2.0 and e-commerce; virtualization; ever changing compliance and industry regulations; outsourcing, partnering, and customer and/or vendor collaboration; cloud computing, etc, small and medium businesses today need more than a random collection of ineffective defence systems.

According to a whitepaper from Trend Micro on Enterprise Security[3], 62% of SMBs report that they find that their biggest IT related challenge is to manage the ever increasing complexity of security while 35% of these companies opine that preventing data breaches give them sleepless nights.

The need for managing this seemingly complex web of cyber security is more than necessary; it determines the very existence of small and medium sized businesses.

Small and Medium businesses now need a constant vigil on their networks with the expertise and the efficiency needed to quell any potential threat. If and when attacked, they need expert teams to quickly act to make sure that businesses aren’t affected and data isn’t breached, for instance. The equipment and teams a small business needs to do this costs money which most companies strapped for cash can’t afford.

A team of engineers and cyber experts is called in when triggered by a centralized network monitoring and reporting system when such attacks happen. Even better:

  1. Why wait for cyber attacks to happen when you can be proactive and prevent any such attacks from happening in the first place?
  2. Why not set thresholds granted for each client computer within your network such that potential threats and warnings can be identified and worked on proactively?
  3. What would it be worth, for the small businesses in question, to save precious time thanks to the 24 x 7 patrolling features of such a central network monitoring service?

The industry pines for effective, but still affordable, network management and support services today. We render such services to our clients too. You could head straight to our Network pro: Net Central Monitoring (NCM) service to learn more about our services.

Have you succumbed to such cyber-based attacks or network attacks recently?

 

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References:

[1] SC Magazine. “Report: 60 Percent of Businesses Hit by Cybercrime.” Poremba, Sue Marquette (based

on data from the Department of Justice). 18 September 2008. Retrieved.

[2] Privacy Rights ClearingHouse. “A Chronology of Data Breaches.” Data from January 2005-September 2008. Retrieved.

[3] Whitepaper from Trend Micro on Enterprise Security