TMI – The Essential Secret to Saving Your Hard Earned Money From Hazardous Cyber Attacks
As we all grow up and get older, at one time or another we have all heard the expression, “Too much information.” Moreover, resulting from that expression, we usually try to forget the information that was heard at the time and carry on with the conversation. However, when is “TMI” a good thing?
When sharing information about cybersecurity to fend off future hits and protect valuable data from falling into the hands of cybercriminals, this seems to be a good enough reason. After all, one of the greatest barriers faced when fending off cyber-attacks is the gathering and mobilizing around information on threats as they emerge.
A recent report from the Ponemon Institute, a security research group showing that half of the businesses at some point have suffered from a major cyber-attack, it is essential to share critical information to form the right cyber security plan and avoid becoming a victim of a cyber-attack.
If you have not developed a cyber security plan, Radius Executive IT Solutions believes now is the time to start. Not only are such attacks likely to happen, but did you know that the average cost an organization pays for data breaches can be up to $6.5 million? That’s right! Up to $6.5 million for a data breach. Even if your business is quite small, the average cost per record stolen in an attack has increased to $217. That’s enough to make your head spin – we know it’s enough to make ours spin.
Nearly two-thirds of respondents said that the attack they experienced could have been prevented if they had access to more trusted and shared information about the cyber threats they faced. Which is why we believe that, just like the bad guys that share ways to carry out attacks, organizations must also share actionable and timely ways to stop threats.
On that note, Radius Executive IT Solutions is here to help you stay ahead of such attackers by providing you with three key ways to promote information sharing and avoid falling victim to a security breach that could result in significant damages to your company. These critical three key ways are:
- Make connections – Establishing a trusted person or third-party intermediary to share your information about cyber threats with other organizations and develop trusted business relationships with like-minded people is extremely helpful for the successful exchange of information. Want to develop the right connections that keep you in the loop and safe from all threats? Contact us today for more information.
- Quickly share your experiences – With most cyber threat information not being timely enough by the time it is shared, coming up with a quick solution for information exchange is vital in ensuring threat information is correctly shared throughout your organization and with others. Do you need help with a solution that works for you? Radius Executive IT Solutions is here to help you.
- Get an outside opinion – Take the fear out of the legal liability for sharing threat information by potentially checking with us beforehand about any questions or concerns that arise with sharing this vital information. With decades of experience in the industry, we have the technical expertise and the right strategic guidance and support you need to stay ahead of the cyber threat game.
Are you ready to benefit from an IT provider that prides itself on staying up-to-date on the best security industry practices that can securely protect your business from all cyber threats? Then contact Radius Executive IT Solutions today and stop worrying about your vital information and focus on growing your business. For more information, call us at (978) 528-0110 or send us an email to firstname.lastname@example.org.