Atlanta managed service providers have the resources and knowledge necessary to identify and protect against hackers and cyber threats.
The most important asset that a company owns is their data. A building and equipment can be replaced, but if digital information is stolen or compromised, that can destroy the business. Every CEO shudders at the prospect of having to tell customers their personal information has been hacked. The theft and misuse of proprietary information could irreparably damage a company's brand. Yet, this crucial and irreplaceable information may not be as well-protected as it should be.
Do CEOs Pay Enough Attention to Cybersecurity?
Successful CEOs know how to delegate important tasks to those they trust. Protecting the company's data is the job of the CIO, who is also being pulled in many different directions. How successful are those efforts? In the annual PwC survey of global executives, over 41% of U.S. executives stated that there had been at least one threat to their company data during the past year. The impact of these security incidents was divided between financial losses, the theft of intellectual property, and damage to the company's reputation and brand.
Given the impact that loss of data can have, why do many people feel that CEOs aren't sufficiently concerned with data security?
- CEOs tended to report that lack of resources prevented them from increasing the level of information security.
- CFOs, on the other hand, felt that CEOs were not demonstrating enough leadership in this area.
- Those directly concerned with providing the data security, the CIO and technicians, felt that the organization as a whole did not understand the depth of the problem.
The Four Different Levels of Cyberthreats
Nuisance Hacking: A nuisance hacker could be a bright teenager who manages to get into the company's website and defaces it. This type of hack is usually fairly quick to discover and correct.
Financial Hacking: Financial hacking can involve the thefts of customer data, employee passwords, or a search for data that could be used for stock manipulation.
Theft of Intellectual Property: It's no secret that foreign state-sponsored hackers are constantly at work stealing trade secrets, manufacturing processes and specifications, and other intellectual property. Some of these thefts endanger national security. Malicious worms may be embedded into the target system for years before being activated. It's reported that the Stuxnet worm had been within the Iranian systems linked to uranium production for four years before taking down those systems.
Hacktivism: WikiLeaks typifies this type of hacker. The goal is to steal private information and publicly disclose it with the intent of destroying the company's brand in the eyes of the public.