How to Protect Your Business from Data Breach, Cybercrime, and Employee Fraud.
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It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.
~ Warren Buffet
Small and medium-sized businesses are especially easy targets for cyber attacks and largely unaware of compliance penalties. Business owners & management teams should literally take a lesson from the approach of the book Moneyball: The Art of Winning an Unfair Game. Because of Internet publicity, organizations can no longer ignore cyber attacks and compliance risk.
In most businesses, employees and owners think of compliance penalties like a traffic fine. However, the true cost of cyber attack and compliance violations is worsened by: lost revenue and productivity, purchase of additional security products and services, lost future income due to negative publicity, and then penalties with on-going audit often required afterward.
While your competition takes an apathetic or cost-of-doing business approach, the best advice to avoid cyber attacks and compliance penalties is taking a business improvement approach. A regular Cyber Security Exam is cheap insurance and any improvement in business process or security is a differentiator to publicize to customers.
As the CEO of Matrixforce, Kevin Fream brings twenty-five years of experience as a cyber security advisor to prospective customers. He specializes in helping business owners and leadership teams reduce technological complexity and avoid risk, with an emphasis on highlighting current compliance penalties that impact the viability of nearly every business.
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