What is cyber security?
Cyber security comprises technologies, processes and controls that are designed to protect systems, networks and data from cyber-attacks.
Effective cyber security reduces the risk of cyber-attacks and protects organisations and individuals from the unauthorised exploitation of systems, networks and technologies.
What are the consequences of a cyber-attack?
Cyber-attacks can disrupt and cause considerable financial and reputational damage to even the most resilient organisation.
If you suffer a cyber-attack, you stand to lose assets, reputation and business, and potentially face regulatory fines and litigation – as well as the costs of remediation.
The cyber threats organisations face
The UK government’s Cyber Security Breaches Survey 2017 found that the average cost of a cyber-security breach for a large business is £19,600 and for a small to medium-sized business is £1,570. (Ref. Market Research, ISO 20252:2012, and with the Ipsos MORI Terms and Conditions which can be found at http://www.ipsos-mori.com/terms. © Department for Culture, Media & Sport 2017)
Although larger organisations tend to have a realistic appreciation of the cyber threats they face, many small to medium-sized enterprises are unclear about the ways in which they’re vulnerable, and as many as 45% (Ref: YouGov Duo security survey 26 Sep 17) mistakenly think they’re not a viable target.
In fact, all Internet-facing organisations are at risk of attack. And it’s not a question of if you’ll be attacked, but when you’ll be attacked. The majority of cyber-attacks are automated and indiscriminate, exploiting known vulnerabilities rather than targeting specific organisations. Your organisation could be being breached right now and you might not even be aware.
Creating a solid cyber security foundation
The most effective strategy to mitigate and minimise the effects of a cyber-attack is to build a solid foundation upon which to grow your cyber security technology stack.
Solution providers often tell their clients their applications are 100% compatible and will operate seamlessly with the current IT infrastructure, and for the most part, this is true.
The problem arises when we start adding IT security solutions from different manufacturers regardless of the granularity of their configuration settings – technology gaps will always be present.
Technology gaps will always appear for one simple reason: developers will always keep certain portions of their code proprietary as part of their competitive advantage. Hence, true compatibility and interoperability may only be 90%. These are known as technology gaps. It is through these gaps that attacks usually occur.
64Computers will identify these gaps and propose the appropriate action to take to mitigate the risk of an attack. A solid foundation provides organisations the confidence to build their cyber security strategies.
64Computers Small and Medium sized Enterprises (SME) Cyber Protection Service is designed and tailored for organisations who do not have vast IT and IT Security Budgets but still face similar threats and risks to their business that much larger corporations face. 64Computers service offers the SME a practical, flexible cost-effective solution to mitigating the Cyber risks the SME faces.
Small and Medium sized Enterprises (SME) are increasingly becoming one of the targeted company sectors in the UK, with nearly three quarters of small businesses reporting a security breach in 2017.
Our Cyber Security Protection Service has been developed to assist SMEs where it is not always possible to justify investment or demonstrate the tangible benefits in cyber security.
Our specialized service offers the SME several benefits:
- A reduction in the level of risk from Cyber threats (an SME is not immune from Cyber threats).
- Demonstrates value for money.
- Improve the SMEs security and culture.
Demonstrating a proactive approach to Cyber Security has the added benefit to an SME of being able to show to customers and investors that safeguarding the companies and customers’ assets is of primary importance and therefore inspires trust. This in turn can open further business opportunities for the SME.