Small business owners often hesitate to invest in cybersecurity measures because of the perceived high cost. But there are several effective steps any business can take at little or no expense, say Las Vegas managed IT services providers. Implementing these low-cost or no-cost security measures won't bust your budget.
When hackers breached the network of retail giant Target and accessed the records of 70 million customers—including names, addresses, phone numbers, and credit card numbers—investigators discovered that a contractor was to blame. The criminals had stolen network credentials from an HVAC subcontractor that had worked at several Target locations.
At least 16.7 million people were victims of identity fraud in 2017, according to Javelin Strategy & Research. This record-high number of victims is largely driven by criminals stealing Social Security numbers, credit card numbers, and other sensitive information from businesses.
Billions of records are lost or stolen in data breaches every year. The average data breach costs a business $7.35 million, according to IBM and the Ponemon Institute, a 25% increase since 2013. But there are ways to reduce the likelihood of sensitive data becoming compromised.
With high-profile data breaches making headlines, businesses are increasingly concerned about keeping their sensitive information safe. But the biggest risk factors of a data breach may be coming from inside your own company. Las Vegas managed IT service providers recommend breaking these bad habits in order to keep sensitive information safe.
The average cost of a data breach will grow to more than $150 million by the year 2020, according to Juniper Research. Follow these top tips from Las Vegas managed IT services providers to protect your computer network security and minimize the risk of a breach.