Biggest Concerns Facing Business In 2017 Is Cybersecurity
What was the biggest take away message for businesses from 2016? Cybersecurity. In a year where a billion Yahoo accounts were compromised and Russian state-sponsored hackers allegedly infected the U.S. election, cybersecurity is on everyone’s mind, or it should be. The truth is we face an unprecedented number of attacks on a variety of industries every day. And while no one can predict with any certainty what lies ahead, the evidence is clear - cybersecurity is a concern that is here to stay.
No matter the size of the business, cybersecurity is a threat that needs to be addressed. Therefore, it stands to reason that the biggest concern facing businesses in 2017 is cybersecurity. Businesses, large and small, can no longer put their heads in the proverbial sand by ignoring the issue of cybersecurity. The size of the company is not directly related to the frequency of the incidents. Regardless of size, the ramifications of a breach can be far reaching, costly and time consuming to any business.
No industry is immune from attacks and the landscape has changed, due in large part to the sophisticated cyber-hunters that are out there tracking down our data. The 3 industries that received the most attention from these data poachers in 2016 were health care, finance and education. But, these are not the only targets. What is painfully obvious is that cybersecurity is not something a business can take lightly and its ramifications can be severe.
In this blog series, we will explore the 5 biggest weakness: (1) Nation-State Cyber Attacks; (2) Ransomware; (3) Distributed Denial of Service (DDoS) Attacks; (4) The Internet of Things (IoT); and (5) Social Engineering and Human Error. We will also discuss how to combat these risks in a way that organically fits within the framework of a business. Being prepared for these inevitable attacks on our data, our privacy and our electoral system can be the difference between catastrophic consequences, or merely painful ones. Because let us be clear, cyber attacks will happen to your business. Whether you are prepared for those attacks will ultimately determine whether your company will survive and what that survival looks like. Because in the end, when dealing with the issue of cybersecurity and data privacy - luck favors the prepared.
Nothing contained in this blog should be construed as creating an attorney-client relationship or providing legal advice of any kind. If you have a legal issue regarding cybersecurity, domestic or international data privacy, or electronic discovery, you should consult a licensed attorney in your jurisdiction.