Protect your Data with a Reliable Database Provider

Perhaps the thought of a data breach wiping away your reputation in a single action sends you into a cold sweat. It’s often worthwhile to spend a little more money to have your computing needs handled by an IT consulting company if your company doesn’t have the in-house skillset to prevent data breaches.

Top Causes of Data Breaches

A data breach involves the release of secure information into an environment where it can be accessed by bad actors. Whether intentional or unintentional, hacking, phishing and other efforts lead to data leaks. Sometimes, it’s black hats that cause the issues, at other times it’s the irresponsible action of an employee.

Negligent employees can leave databases vulnerable to attacks. Viruses and ransomware hide in innocuous-looking email attachments. Although training can combat some of the contingencies, you also need a robust strategy to prevent security at the network level.

What Do Data Breaches Cost?

Data breaches may be costing businesses $3.86 million a year. This is based on the 2018 Cost of a Data Breach Study, released by the Poneman Group. This figure is expected to be even larger for 2019.

How much a leak costs individual companies depends on how long it takes to identify the problem and what information was stolen. Other factors include how badly the public, including your customers, reacts. With an outsourced IT team, you can stay on top of the latest technology without becoming distracted from day-to-day operations.

What’s the Most Effective Way to Protect Company Data?

Preparing to combat cybercriminals is no mean feat. However, taking proactive steps can save your company millions of dollars as well as prevent permanent damage to your reputation.

“Companies with mission-critical systems need the security and peace of mind provided by strict SLAs, technical support availability and responsiveness. Unfortunately, most open-source companies simply do not have the resources or the experience to deliver on this front particularly. The cost savings do not always justify the downtime or compliance risks. In addition, the ability to interoperate with other core systems is a significant cause for concern,” according to Altibase, a leading pioneer of secure database and computing solutions.

What to Look for in an Outsourced Database Provider

According to Forbes, you should keep the following in mind as you search for a reliable third party solution to your database and computing requirements.

  • Outsourcing your cybersecurity can reveal your firm’s strengths and weaknesses
  • Insist that employees keep business and personal accounts separate to avoid email attacks.
  • Increase awareness through training and by having formal written policies on security protocols.
  • Involve employees in the process to help them stay invested in the process.

Outsourcing the protection of your data and other computing needs can prevent data breaches and lead to more efficient data performance.

Alex
 

Alex is a small business blogger with a focus on entrepreneurship and growth. With over 5 years of experience covering the startup and small business landscape, Alex has a reputation for being a knowledgeable, approachable and entrepreneurial-minded blogger. He has a keen understanding of the challenges and opportunities facing small business owners, and is able to provide actionable advice and strategies for success. Alex has interviewed successful entrepreneurs, and covered major small business events such as the Small Business Expo and the Inc. 500|5000 conference. He is also a successful entrepreneur himself, having started and grown several small businesses in different industries.