Abstract
If you have the guts to start a business, having it succeed is a massive reward, especially considering how much work you’ve had to do to make that a reality. Unfortunately, for businesses worldwide, all that hard work and dedication could be destroyed after a cyberattack. This month, we’ll discuss how exactly cyberattacks ruin an otherwise successful business.
They Can Steal Critical Data and Money
Hackers can steal important information, like customer details or money, and sometimes they demand businesses pay them to get things back, which is called ransomware. Businesses might also have to pay legal fees or fines because their customers’ information got stolen. This can make it really hard for them to recover if they don’t have strong security in place.
They Can Ruin Your Brand
People expect businesses to protect their information, and when that trust is broken, customers don’t want to deal with that business anymore. Even future customers might avoid the company because they think their information won’t be safe. It’s hard to earn back trust once it’s lost, and in some cases, this can make the business fail.
They Can Create Chaos
When a hacker breaks into a business’ systems, it can shut everything down for hours, days, or even longer. This means the business can’t sell products or help customers, which makes it lose even more money. Fixing the problem takes a lot of effort from IT experts and other staff, which means less time to focus on their regular work.
They Put Pressure on Everyone
Employees might have to work harder to fix things, worry about losing their jobs, or even be afraid that their own personal data has been stolen. This can make people feel unhappy and less productive at work, which can cause some employees to leave the company altogether.
Trust us; you don’t want to deal with cyberattacks if you can help it. To do everything you can to avoid them, you will need a comprehensive strategy that covers all elements of your business’ technology. To talk with one of our IT professionals about getting you the resources you need to protect your business’ IT, give us a call today at 888-748-2525.
ABOUT THE AUTHOR
Rafiq Masri
With over 25 years of experience in Information Technology, Rafiq is one of the most accomplished, versatile and certified engineer in the field. He has spent the past 2 ½ decades administering and supporting a wide range of clients and has helped position Network Management, Inc. as a leader in the IT Managed Services space.
Rafiq has built a reputation for designing, building and supporting top notch IT infrastructures to match the business objectives and goals of his clients.
Embracing the core values of integrity, innovation, and reliability, Rafiq has a very loyal client base with some customer relationships dating back 20+ years.
Rafiq holds a bachelor’s degree in Mechanical Engineering from the University of Michigan and has completed graduate programs in Software Engineering and Business at Harvard and George Mason University. Rafiq is a former founder and CEO of Automation, Inc. in Ann Arbor, Michigan as well as a valued speaker on entrepreneurship and technology at industry events such as ExpoTech and others.