Cyber Security
The threat of cybercrime to businesses is rising fast. As various avenues of computing advance, cyber-attacks advance as well to larger scale operations which are no longer limited to targeting an individual but rather enterprises from the financial markets and corporates to the government sector. The cost of such advanced cyber-attacks cannot be measured in capital losses alone but must also be measured in the intangibles such as reputation. Suffering a cyberattack can cause customers to lose trust in a business and spend their money elsewhere. Additionally, having a reputation for poor security can also lead to a failure to win new contracts.
The fact that cybercrime now permeates every facet of society shows why cyber security is crucially important. If you’re not worried about cyber security, you should be, and it is a sensible decision to invest in it.