With the increased use of the internet and digital devices, individuals and businesses are now more susceptible to cybercrimes. Phishing scams, malware, viruses and DDOS attacks have become extremely common. The Department of Home Affairs discovered that Australian businesses lose up to $29 billion every year due to cybersecurity incidents.
With remote working at its peak, businesses need to take cybersecurity seriously as it can have serious implications on an organisation.
Helps Secure Confidential Data and IT Infrastructure
Having a robust cybersecurity infrastructure will help protect your company’s confidential data. If you’re a legal firm, then you have an ethical obligation towards your clients to protect their information. It is therefore essential to have cybersecurity mechanisms in place. Any potential data breach will sow seeds of doubt in your customers’ minds and you may potentially lose valuable clientele.
Impact On Productivity & Revenue
Cyber attacks can impact your critical IT systems resulting in unnecessary downtime which has a direct effect on organisational productivity. Low productivity levels translate into reduced revenue which can be detrimental to the financial health of your company.
Furthermore, a cyber attack can reduce your employees’ productivity and waste working hours. Therefore, it is important to consult with a cybersecurity expert who can implement a robust security plan and monitor it regularly so that your staff can divert their attention to other business matters.
Brand Reputation
Cyber crimes can directly affect your business’ reputation. It takes years to build a credible and reliable brand image and you can lose it quickly if you don’t have proper cybersecurity systems. Any data breaches or other cyber crimes can make customers and other stakeholders lose faith in your business.
Having a preventive cybersecurity mechanism thwarts malicious advances from cybercriminals and ensures that your brand reputation remains intact. There’s an increased need for efficient cybersecurity systems because of the sheer amount of sensitive information that is available online.
Individuals and businesses need to consider cybersecurity as a necessity rather than a luxury. Companies that don’t have the in-house team and expertise to develop a secure system can consult the experts at VIXTRO who can guide them accordingly. VIXTRO are a Melbourne based managed IT service company that specialises in cybersecurity.
VIXTRO also provides quality backup and disaster recovery services for local and international businesses. Their services also include M365 Video Conferencing, VoIP solutions, and business phone services in Melbourne. Get in touch with them or visit their website to learn more about their products and services.
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