In the world on Internet most business procedures and online and so that transactions. You need to be alert to prevent any malpractice with the process you establish for your business.

ReadWrite columnist Frank Landman has shared four tips to help businesses improve their digital security.

Landman says, “The good news is that data breaches appear to be declining in 2018, according to the Risk Based Security Q1 2018 Data Breach QuickView Report. The first three months of 2018 witnessed 686 breaches compared to 1,442 breaches in the same quarter in 2017.

The bad news is that numerous breach strategies still work, including malware, phishing, skimming, hacking, and inadvertent disclosure of information on the Internet. These attacks cost businesses a significant amount of money. The IBM-sponsored 2018 Cost of a Data Breach study conducted by Ponemon Institute found the global average cost of a data breach is up 6.4 percent over the year prior, now totaling $3.86 million. The average cost for each lost or stolen record containing sensitive data has increased by 4.8 percent to $148 per record.

These breaches continue because small business owners think that basic security measures like antivirus software are adequately protecting their network infrastructure. David Wagner, president and CEO of Zix, a leading provider of email encryption solutions for financial institutions and healthcare organizations, notes that many small businesses rely on existing legacy security tools. However, that strategy no longer works”.

How to Improve Digital Security for Your Business

Sharing is caring