The Top 4 Myths About Cyber Security—Debunked!

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October 31, 2022
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The Top 4 Myths About Cyber Security—Debunked!

In today's digital age, cyber security is more important than ever before. Yet despite its importance, there are still many misconceptions about cyber security, which can lead to underestimating its importance. In this blog post, we'll debunk some of the top myths about cyber security so you can make sure your business is properly protected.

Myth #1: Our Data Is Unimportant to Hackers

REALITY: Hackers can gain a lot of insights from data and use this to target staff and even customers.

One of the most common myths about cyber security is that hackers will only target businesses with large amounts of data. The reality is that all businesses are vulnerable to attack, and the consequences of a breach can be catastrophic. Hackers are often after sensitive customer data such as credit card numbers and social security numbers, which can be used to commit identity theft. Even if your business doesn't hold this type of data, hackers may still target you in order to gain access to other businesses through your systems.

Myth #2: It's Too Expensive

REALITY: If you unprotected you will eventually be hacked, this will cause losses over time in reputation damage as well as the damage from any downtime.

Another common myth about cyber security is that it's too expensive for small businesses to implement. The reality is that the cost of a cyber security breach can be far higher than the cost of implementing proper security measures. A single data breach can cost a small business millions of dollars in lost revenue, customers, and damage to its reputation. Not to mention, the regulatory fines associated with a data breach can also be costly. Implementing proper cyber security measures can help you avoid these costly consequences.

Myth #3: We're Too Small for It to Happen to Us

REALITY: Hackers target small businesses because they think they are too small to matter.

Businesses who think they are too small to matter have less security and are therefore easier targets, time taken to hack a small business yields a greater YOI and even cyber criminal are thinking about the bottom line.

Many businesses mistakenly believe that they're too small to be targeted by hackers. The reality is that small businesses are actually more likely to be targeted by hackers than larger businesses. This is because hackers know that small businesses often have weaker cyber security defenses, making them an easy target. In fact, 43% of cyber attacks target small businesses. Don't let your business become a statistic—make sure you have adequate protection in place.

Myth #4: It's Someone Else's Job

REALITY: Everyone is your whole company has an obligation to practice good security measures.

One of the biggest myths about cyber security is that it's someone else's job—usually the job of the IT department. The reality is that cyber security is everyone's responsibility. Employees should be trained in best practices for handling sensitive data and avoiding phishing scams. They should also know what to do if they suspect their computer has been infected with malware or ransomware. By making cyber security everyone's responsibility, you can help reduce the risk of a breach at your organization.

What should business owners do?

Cyber security is crucial for all businesses, yet there are still many misconceptions about it. These misconceptions can lead to underestimating its importance and putting your business at risk. Don't let your business become a victim of a cyber attack—make sure you have adequate protection in place by busting these myths about cyber security!

Give The One Point a call for a full audit of your existing systems and to highlight any weaknesses.

Call 01482 420150.

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