The financial costs associated with recovering from a cyber attack can perpetuate long after the technical repairs and patches are in place. The first stages of such an attack may take place months or even years prior to a business or organization becoming aware of the infiltration. Unfortunately, these attacks are often identified beyond the point of immediate damage control due to insufficient network security measures. Companies are left with diminished profits, tarnished reputations, and other costly consequences.
Businesses which rely upon e-commerce are especially vulnerable to financial loss as a result of cyber attack. Every hour a company’s website is down equates with lost sales and negative publicity. As existing and potential clients are frustrated by lack of access to a website, they will seek out the competition. Businesses are further victimized as they take damaging hits to their reputation and credibility. These companies lose the public’s trust. People question the practicality and safety of doing business with an organization that fails to prevent cyber attack.
Cyber threats are considered high priority with regards to financial and national security. Regulations are in place to hold organizations accountable and require compliance with security measures to protect both the overall economy and individual participants reliant upon secure business and financial transactions. Access to personal and financial information must be carefully protected. Failure to comply may result in fines, security breach, and costly liability.
The best way to maintain a company’s reputation in the face of cyber attack is to take all available preventative measures. Cyber attack prevention should be aggressive and include network audits and surveillance to identify risks and active threats, as well as enact defensive measures. Vigilance and aggressive network security measures are imperative to reduce the risks of successful cyber attack. This is truly one of those lessons better not learned the hard way.


Do you run a business in the state of Connecticut and rely on the internet and personal computers to conduct business transactions? Do you store files electronically? If you answer either question in the affirmative, do you also have adequate security measures in place to protect the integrity of your business operations and files? Are you even aware of the steps you should be taking to secure your business?
Hacktivist groups have been making numerous headlines for successfully breaching the network security of businesses and organizations around the globe. Hacktivism involves a community of hackers that target businesses, organizations, and government agencies for ideological reasons. Recently in the news, a third-party company was exploited and millions of Visa and Mastercard holders’ accounts were jeopardized. Exploits of this magnitude provide insight into vulnerabilities that businesses need to patch in order to protect private information and data. A comprehensive network security audit is a practical step in these dangerous times.
Companies rely on network security to protect day to day business operations as well as to safeguard sensitive information. Tremendous amounts of this sensitive information are stored and transmitted electronically. This personal and financial data needs to be protected with vigilance. Recent news highlights the vulnerability of businesses to cyber threats and the importance of strong network security.
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The ways that cyber criminals and hackers use to get to private information are constantly evolving to keep up with changing security measures. As companies hire third party
Imagine if your small business constantly had to fix the same problem over again. For instance, a crack in your office wall kept coming back month after month, even when fixed by professionals. The money you would be spending would build up again and again and would become a major problem for your finances. Although this is just a fictional premise, there are elements of your small business that can consistently cause financial loss unless they are corrected quickly and efficiently. Unfortunately for the U.S. economy, this type of monetary hemorrhaging is not going to end when it comes to data loss.