How Security Impacts Company Value

It’s widely known that recovering from a cyber-attack can be costly to small businesses, but many entrepreneurs do not realize that their security measures can actually impact their company’s valuation. It’s understood that if two companies are discussing a merger or acquisition, the potential buyer will perform due diligence from a financial and legal standpoint. …

Digital Transformation

Digital transformation is the latest buzzword in the corporate lexicon, which means that many people may not actually understand the real goal behind it. Simply put, digital transformation is the process of adopting new technology to improve business processes and evolving business practices to unlock new operating models, increasing customer value. Once a company has …

Impacts of a Data Breach

The costs of a data breach are rising. According to IBM’s 2021 report, the average cost of a data breach has risen to $4.24 million – the highest average ever. They also found that compromised credentials were the most common way hackers gained access, and that remote work has been a large factor in both …

5 Steps to a Cybersecurity Risk Assessment

It’s no secret that cybersecurity breaches are increasing in both frequency and complexity. Ransomware attacks are regularly in the news, and the 2020 Thales Data Threat Report found that: 49% of US companies have experienced a data breach 26% of US companies have experienced a data breach within the last year Despite these sobering numbers, …

Cybersecurity: A Problem too Big for Small Businesses to Ignore

It seems like every day there is a new story of a data breach or cyber-attack reported in the news. As more and more of our activities take place online the threat of cybersecurity increases. Despite this, few small businesses take steps to protect their systems and information from cyber-attacks. In fact, studies show that …

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