Cybersecurity benefits are many. Safeguarding your business with strong cybersecurity is essential when it comes to ensuring sustainability — especially as hackers and cybercriminals become more audacious.
Hackers no longer simply take your data. They use ransomware by locking up your network and freeing your data only until a specific amount of money is paid. Or they take your information — and that of your clients — and sell it on the dark web, where people are pouncing on the chance to purchase financial and personal information.
However, just implementing cybersecurity isn’t enough to prevent you, your business or your clients from becoming a victim. You need to perform routine checkups to make sure your security can handle whatever tricks hackers and cybercriminals have hidden up their sleeve.
Strong, current security can do more than just prevent a breach — there are boundless cybersecurity benefits, beginning with protecting your bottom line. Iron-clad cybersecurity will help save you money in the long run, allowing you to put more resources back into growing your business and serving your customers.
Here are three reasons why checking up on your security is a great way to protect your company’s wallet:
1. Prevents downtime — A data breach or cyberattack can bring your business to a screeching halt, especially if you don’t have a backup plan in place to quickly get you back up and running. This can be costly. Gartner reports that the average cost of IT downtime is $5,600 per minute. Of the companies that responded to Gartner’s poll, 98% said a single hour of downtime costs more than $100,000 — with 33% of those reporting that amount could reach anywhere between one to five million dollars. By keeping hackers and breaches at bay, the right cybersecurity keeps your business moving and keeps your cash in hand.
2. Maintains your client base — Your customers may be sheepish to work with you again once your business suffers a data breach, especially if you fall prey to a ransomware triple threat — when a hacker holds your data and your clients’ data hostage. And it can be extremely challenging to attract new clients once word spreads about your breach. According to a study conducted by security.org, one in every four Americans stops doing business with a company once it has been hacked. That’s 25% of your clients who will be taking their business — and their money — elsewhere. Of those who decide to stay with a business after a breach, two out of three surveyed said their trust has been eroded. Whether you’re losing clients, or your existing clients are no longer recommending you to friends and colleagues, a data breach will undoubtedly chip away at your customer base. Keeping your clients and preserving their trust in you is just another of many cybersecurity benefits.
3. Keeps your doors open — Of all the financial cybersecurity benefits, there is none more than this: Regularly checking up on your security and ensuring it’s up to standard can literally save your business. The National Cyber Security Alliance found that 60% of small companies go out of business within six months of a data breach, a statistic mostly attributed to costly downtime and the damage done to a company’s reputation.
Strong cybersecurity can help keep your business financially solvent — but only if the security is properly maintained and checked on regularly.
Nitor Solutions in North Carolina provides scalable and budget-friendly security solutions that help you stay protected against the latest threats. We protect your business like it’s our business and will be happy to work with you in creating an effective checklist that ensures your security is up to date and up to standards.
Put your money and focus where they belong — toward the growth of your business.
Small Businesses Are Maximizing Efficiencies with Technology
At Nitor Solutions in North Carolina, we specialize in matching innovative productivity tools with local small businesses. Outdated technology can not only pose security risks and affect staff morale, but it can also strangle efficiency and productivity. Let’s take a look at some of the technologies supporting today’s business and how they can help you streamline operations, keep teams connected and boost productivity.
The modern business landscape has its own unique challenges. Remote staff, increasingly sophisticated cyberthreats and increased digitization have demanded new ways of getting business done. Ironically, technologies supporting today’s business are not only providing the needed flexibility and always-on connectivity, but they are also driving unprecedented levels of productivity.
Microsoft 365 Applications
This popular cloud-based solution includes all the productivity tools you know and love within one integrated service. Teams, Word, PowerPoint, Excel and much more offer all of the tools your team needs to stay connected and work efficiently. Access documents whenever, wherever — at home, on vacation or in the office.
Empower employees to work smarter
Drive team collaboration with real-time video conferencing.
Support remote work with anytime, anywhere access to important apps and documents.
Keep staff happy and productive with user-friendly apps.
Streamline processes with automated workflows.
An experienced managed services provider can help you get the most from your Microsoft 365 subscription, from choosing the right package to data migration to 24/7 tech support.
Cloud Computing Solutions
The digital transformation is well underway. There are many reasons so many companies are leaving the slow, rigid legacy hardware beyond and embracing cloud services. Say goodbye to expensive start-up equipment and say hello to flexible, always-available services at a predictable monthly fee.
Support business needs today and tomorrow
Enhanced collaboration. Keep remote and onsite staff connected to important documents and each other — anytime, anywhere.
Business continuity. Cloud computing and storage options typically store data off-site in multiple locations. Think of it as built-in backup and recovery.
Flexibility. Easily scale storage and bandwidth resources up or down depending on changing business demands.
Innovative Workstations
Every company should be evaluating ways they can improve their workers’ overall productivity. It’s never too late to upgrade to the latest emerging technology solutions that help you stay current and maximize productivity in an ever-evolving, dynamic world. With an upgraded workstation, your employees will feel supported, and they will be happier in their role.
Double up on monitors
A dual monitor setup, which allows employees to use multiple screens that operate from the same computer, is a simple and cost-effective way to increase employee productivity and collaboration.
By working with more than one monitor, your staff will be able to display more content, easily switch from one application to another and reduce downtime — if one monitor goes out, they can just switch to another. Doubling up on monitors can also be a boon to employee communication and collaboration, especially during Zoom calls and presentations.
Expert Consultation
Consider IT consultation services if you’re looking to transform your business with the latest and greatest productivity tools available. An experienced tech partner can get to know your business and identify tools to help you meet your short-term and long-term business goals.
Productivity Tools for Small Businesses in North Carolina
Nitor Solutions provides personalized solutions to help local businesses make the most of their technology. If you’re interested in learning more about innovative tools and technologies boosting productivity, read more of our informative blogs. Or, contact our team of experts to continue the conversation.
