TECHNOLOGY REVVED UP
MAKING IT WORK SMARTER FOR YOUR BUSINESS IN 2017
Faringdon based CIS tells us how ...
With data security gaining huge press in 2016 , its importance is only going to increase in 2017 . As a business you need to act now and take responsibility for securing your data today .
The truth about Ransomware A security company , Malwarebytes , recently published a series of eye-opening statistics that show just how businesses around the world have been affected by ransomware .
54 % of UK companies were hit by Ransomware According to Malwarebytes , the UK had experienced the most ransomware attacks from those that were surveyed . Although , more businesses within the financial sector were included which could have skewed the results . This could also mean that the financial sector is one of the most targeted industries .
63 % experienced severe downtime There is no getting around this . Ransomware disrupts . Of that 63 % of businesses that experienced downtime , it was found that it took more than one business day to recover .
34 % of businesses experienced loss of revenue due to ransomware It was reported globally that 34 % of ransomware attacks caused businesses a loss in revenue , due to the inability to access encrypted files .
3.5 % fear loss of life A difficult statistic to comprehend but 3.5 % of businesses said lives were at stake because of the effects of ransomware .
The truth about downtime costs Let ’ s take 50 employees in a business that ’ s experienced downtime for 8 hours . Let ’ s say their productivity is reduced by 75 % with each of them earning an average of £ 20 per hour . That ’ s 50 x 0.75 x 8 x 20 = £ 6000 in downtime costs a day , plus a loss in revenue , damage to reputation , penalties and fines .
Why you ’ re not taking safety measures You ’ re a business owner that needs to ensure your business is constantly growing whilst maintaining your business costs efficiently . If you don ’ t truly understand or , if you haven ’ t experienced business downtime then it can be difficult to justify the costs of a solution when you can ’ t appreciate its value .
Put yourself in your clients ’ shoes . How would they act if you lost their data through not having safety measures in place ? Would they stay with you ? Would they share their experiences ?
What to expect for 2017- More cyber-attacks Unfortunately , ransomware and other forms of malware are here to stay . Why ? Because they generate a great amount of revenue for criminals .
GDPR preparation The General Data Protection Regulation deadline is May 2018 . The time to start planning is now , ensuring you ’ re compliant for when the GDPR comes into place . Contact us to see when our next free seminar is to learn more ( see details below ).
In summary Seek advice from an expert – ensure you have secure and reliable business recovery systems in place .
Protect your data – treat your data like you would your money , don ’ t leave it out in the open .
Take responsibility – your clients trust you with their data so make sure they don ’ t have any reason to think it isn ’ t secure .
Reserve your seat today Ref “ TBE ” on 01367 700555 .
A free seminar ...
EU Data Protection Regulation : Is your business prepared ?...
Seminar Times - 10am - 2pm .
What you need to know about the new EU Data Protection Regulation .
In March 2014 , the European parliament voted by an overwhelming majority in favour of legislation to protect the security of its citizens ’ data . The resulting legislation is due to come into force in 2016 with penalties of up to 20m Euros or 4 % of annual turnover per data breach .
Making IT Work Smarter For Your Business
Location : West Venture Building ( The Bunker ),
New Greenham Park , Newbury , Berkshire , RG19 6HN .
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