Studies Show C-Suite Executives Don’t Understand Cyber Threats

The connected and always-on nature of e-commerce makes it very hard for most businesses, corporations, and business owners to imagine the world without the internet. Businesses and consumers alike are extremely dependent on cyberspace in one way or another. The advent of the internet and the innovative ways in which businesses around the world have adapted to technology takes the notion of instant gratification for consumers to the whole new level. The online trade is generating billions of dollars every year and it is ever increasing at a rapid pace. This also puts billions of dollars at risk of cyber threats. In this article, we explore the importance of understanding the very real risk of cyber threats and how businesses may not be recognizing the importance thereof.

As technology has grown to become an invaluable part of any business, so too has the risk associated with doing business online. Whether you are a small online shop selling specialized goods from your home or a large corporation with millions of online transactions a day, no one is immune to the risk of cyber attack. If it is not managed very carefully, every single business transaction, customer data, and ultimately the business reputation can be breached.

Online threats have evolved with technology and are more sophisticated today than they ever were. It is a constant struggle to keep security software one step ahead of cyber criminals. While this constant struggle to stay ahead has resulted in the growth of technology at an unprecedented pace, it has also made the cyber threat significantly harder to detect and prevent. It is very important for executives in any business to acknowledge the very real threat posed by cyber criminals and invest deliberately in keeping the business and the customers safe in the online world.

Acknowledging the existence of the cyber threat is an important first step towards prevention. Preventing cyber attacks and keeping the invaluable data safe is a specialized skill and requires a combination of hardware, software, and knowledge to get it right. A business could decide to keep the customer information and sensitive data onsite and implement the necessary measures required to keep that information safe. While this is certainly possible, this takes significant time and resources and could even distract attention away from the primary business goals and objectives.

Fortunately, there are alternatives. With the increasing threat of cyber breach, more and more business executives are realizing that it is more efficient and more cost effective to have critical data stored, managed, and protected offsite by companies specializing in deterring cyber threats. This solution offers increased security and lets the businesses focus on their short term goals and long term vision. Additionally, such a record management company can employ the resources and the strategy required to stay one step ahead of the threat since this is their primary focus.

About Happy Faces Records Management

At HF Services, our imaging, destruction and recycling services make it easy to keep your data safe from prying eyes. We scan your documents to provide secure storage and destroy hard copies to protect privacy. Our processes conform to government regulations and consider environmental concerns.

HF Services provides highly secure shredding services and technologies that include a patented process for the shredding and recycling of medical film. Whether you are destroying paper-based documents or computers, digital media or other electronic items, our processes adapt to fit the needs of the items being destroyed.

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