Data is at the heart of the information age. The more valuable the data, the more dangerous it is when your company’s sensitive data is compromised. No one knows this to be true more than the hacker that is looking for vulnerabilities in your company’s system.
You may think that hacking is too difficult a skill to learn? You are probably mistaken since with use of ethical hacking tools anyone can hack into your server and steal data. Also, more and more people are learning hacking since there are plenty of good hacking books available now.
A Mild Data Scare
Habits of your customers make all the difference in the world, and you ought to know what they like and dislike when they come to shop with you. Gathering customer and business statistics has become a quite a big deal and these days companies are racing to get as much data, likes and dislikes of everyday users, leading to current rise of Internet of Things. Thus, it is inevitable that hackers will attempt to compromise your company’s data and steal that valuable info. In some instances, all they will get is insignificant data.
These mild data scares turn out to be your company’s opportunity to determine if a more serious problem is not brewing with your in-house network and data security protocols. But, even if a hacker gets only as far as you intend them to get, you must still wonder how far a more experienced hacker can push the envelope.
Compromised Data Can Ruin Your Company’s Reputation
When a company is forced to acknowledge that a sensitive data breach has occurred, the media wastes no time spreading the word to anyone and everyone it can.
The Coming Lawsuits
When a corporate data breach includes sensitive customer data, the damage does not simply end with your company’s network being hacked. Clients and customers tend to want legal compensation for being put at risk by a company they once trusted.
When Your Data Compromise is My Data Compromise
Everyone remembers the data compromise of Sony back in 2014. According to Deadline, this threat to Sony’s intellectual property extended to raise concerns about the integrity of the scripts harbored at the Writer’s Guild of America West. When a company of a particular industry has its data and intellectual property leaked, this can create panic and concern directed at other companies belonging to the same industry.
It is not a matter of if a hacker will attempt to compromise your company’s data, but when. Every day, hackers troll the digital landscape in search of vulnerabilities they can exploit at your company’s expense. If your company is unable to rise to the challenge, the results could spell disaster for your company’s reputation and its bottom line. Every effort should be made to ensure that the sensitive data your company depends on is safe and secure from a serious data breach.