Why You Should Invest in Cybersecurity Systems in 2021?
55% of companies are planning to increase their Cybersecurity budget in 2021, even though there’s an expected reduction of revenue. This should tell you that even though implementing firewalls and installing anti-viruses in the past summarized cyber-protection, currently, this doesn’t cut it. You have to employ whole departments, with several coders and experts, to ensure the safety of your organizational data. This is due to the increased threat posed by online hackers. Cybersecurity systems will become more essential in 2021 than it has ever been. To survive, your organization has to invest in systems and IT personnel, irrespective of your company size.
What Is Cybersecurity?
Company data is one of your organization’s best valuable assets. Digital attacks have, however, become more common, and on average, a business computer gets attacked every 39 seconds in the US.
This is where cybersecurity comes into play. It is the process of protecting your networks, hardware, and systems from cyber-attacks. Incorporate technologies and practices that involve handling an organization’s vital information.
Why Are Cybersecurity Systems Important to Businesses in 2021?
Cybercrime is projected to cause damages of about USD 6 trillion by the end of 2021. This is why most companies are investing heavily into ensuring that their systems and data are safe from hacks.
Here are 4 reasons you should adopt cybersecurity systems in your organization today;
1. Increased Adoption of Autonomous Devices
Autonomous devices are the future. Many companies will adopt this technology in 2021 because it reduces labor costs and increases the production efficiency. Smart logistics and manufacturing will also become a mainstay as technology enables the cheaper implementation of these technologies.
The only major challenge is that autonomous devices can easily be breached as they are connected to internal and external networks. If hackers gain control of your company’s AI, then they can hold your data hostage or compromise your product’s integrity leading to huge impacts on the organization’s profits.
Technologies such as edge cloud computing and the 5G network are also great contributors to the implementation of these devices in your organization. They are, however, prone to unforeseen vulnerabilities. Having a strong cybersecurity team will help you deal with any threats immediately, reducing the significance of damages from a hack.
2. Targeting of Remote Infrastructure
The culture of working remotely has been a mainstay during the pandemic affected 2020, and this is unlikely to change in 2021.
If your company invested heavily into ‘working from home’ infrastructure, it’s not financially viable to discard it once the business opens up. You should continue with some form of remote working, reducing office expenses while still utilizing the untraditional office setups already available.
Most home networks are, however, not security conscious, with minimal effort set to secure data in the network. A cybersecurity system will help eliminate these threats effectively or deal with them as they come, protecting your data.
3. Development in the Cybersecurity Industry
Cybersecurity technology is growing, and the main deterrent to the adoption of these systems has always been its huge costs. If the systems’ advantages do not outway its cost, the investment will not make business sense. The good news is that inventions and innovations in the tech industry have resulted in systems that are affordable to small and mid-level businesses.
You might also experience an increase in cyberattacks in 2021 due to the changing digital landscape. This should make cybersecurity investments a no-brainer.
4. Cybersecurity as Community Service
Cyber-attacks often affect thousands or millions of lives due to the interconnectivity of information shared by multiple parties.
The security of all your connected systems is as strong as its weakest device because hackers tend to target unsecured devices to help them gain access to the other more protected components.
Keep in mind that your company data constitute information from within and outside the organization, all of which should remain secure. With a compromised database, data loss impacts many other organizations. This is why you should view cybersecurity as a crucial service to your company’s stakeholders, including suppliers, customers, and shareholders.
Improving data security in your company will also ensure the safety of your informational assets. This helps build your reputation, which in turn improves your business relationships.
Common Cybersecurity Systems Adoptions You Should Consider in 2021
1. Malware Protection
Malicious software is hard to defend against. Large numbers of criminals with coding expertise can create different types of such malware, making it hard for systems to detect them. Installing anti-virus software is an easy and inexpensive way to tackle this problem.
Employees should also be trained to avoid sites that can make the organization vulnerable to such attacks.
2. Wi-Fi Security
The Covid-19 era has led to various compromises, including the use of the company computers on public Wi-Fi when remote working. This, however, leaves the company exposed to a variety of man-in-the-middle attacks.
Ensure you train your remote workers on cybersecurity, provide reliable Wi-Fi to those working remotely, and encouraging the use of virtual private networks (VPN) to protect your databases.
3. Mobile Device Defence
Losing company handsets can expose you to cybersecurity threats if the device ends up in the wrong hands. Securing the company mobiles with multi-factor logins and passwords is highly advised by cybersecurity experts.
Why You Need to Implement Cybersecurity Systems in Your Organization Today
Information is an essential part of doing business and keeping it safe from cyber vulnerabilities can have multiple advantages to your organization. The business landscape in 2021 has, however, increased organizations’ exposure to cyber threats.
Technology developments have resulted in easier ways criminals can get access to your devices. Coronavirus, on the other hand, and the steps taken to contain it, have also led to a change in work culture, including remote working. Attacks occur on some and public networks due to low network security.
If you’re faced with these threats, you need to implement reliable cybersecurity systems to combat them. V&C Solutions offers your Bay Area company workable insights on how to manage IT solutions, including online security systems, enabling you to concentrate on what you do best, Contact us today by visiting our website and requesting a consultation.