Cybercrime & Data Theft: Protecting Your Business

The internet is a powerful tool that has enabled businesses to thrive and made the world a lot more accessible. However, it can also be a very dangerous place. The ease and simplicity of taking business communication infrastructure online can also bring the potential of cybercrime and data theft. 

As a business owner, it's important to understand that whilst technological advances and innovations can offer a host of benefits to your business, you must also consider telco security and how to protect your data from these threats. This blog post discusses why telco security should be a top priority for your business.

In this day and age, cybercrime has become an unfortunate reality that many businesses face. Cybercrime can include anything from identity theft to web-based fraud activities such as individuals enquiring about the company's details or financial information over the phone. Data thieves can hack confidential data from the online resources used by the business compromising the health of your business.

This includes threatening your business':

• Financial value 

The fallout of dealing with cybercrime or cyber-attack could be very costly, resulting in your bottom line being affected.

• Reputation in the market

Not being fully secured from cybercrime can reflect negatively on your business’s credibility, resulting in the potential loss of clients and customers. 

• Loss of data

A cyber breach could mean a chance of permanently losing valuable data which may include a hefty price tag to recover or rebuild from scratch.

• Client and customer retention

Key to the success of your business is your client and customer base. If a cyber-attack or data security breach causes you to lose them, it can take considerable time and money to regain them.

 

How your Telco can help protect your business:

A quality telecommunications provider can equip you and your business with strategies and safeguards in place to help ensure the highest level of internet safety. To start with, policies, procedures and training can be implemented to ensure your team are well versed in these risks and are interacting safely online whilst at work.

 

Further measures include:

• How to consistently back up your data.
• How to secure your devices and network (with appropriate software, firewalls and spam filters).
• How to encrypt sensitive information with appropriate network solutions.
• The use of multi-factor authentication for added security to access sensitive and private information.
• Managing unique and unpredictable passwords so hackers cannot gain access.
• Providing updates on the latest risks to stay well informed and ahead of the game.

If you’re unsure about whether your security measures are up to standard, your telco support team should be able to assist you with technical, helpful and timely advice.

 

Comvirt is here to help

Comvirt is an Australian-owned business that has helped hundreds of companies like yours. Our local team is your one friendly point of contact from sign-up to support that is passionate about the success of your business. Our team is skilled in tailoring solutions that are most suitable for your business and keeping your assets safe. Contact us today on 1300 512 645.