Tech Tip Tuesday: The Long-Term Consequences of a Cybersecurity Breach for Your Business – Hello Georgetown

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Financial Loss – The average cost of a data breach of an organization with fewer than 500 employees is 3.31 million. Small businesses need to stay alert to the true costs of a data breach because it could be enough to put everything you’ve worked for in jeopardy. 

How to Prevent a Cybersecurity Breach

To prevent a cybersecurity breach, implement managed IT services that will cover not only cybersecurity compliance but also data backup and disaster recovery planning. This includes services such as dark web scans, phishing protection, data backup, network security, and more. Think of your business like a new house. 

The first line of protection is your fence, then your locked door, then the safe that protects your valuables, and so on. Good cybersecurity should function in the same way, in layers. If one layer fails, another is uncovered. If the last layer of protection is breached, then data backup and recovery are deployed. This way, you’ll have peace of mind that no matter what happens, your data is protected and recoverable. 

What to do if Your Business Experiences a Cybersecurity Breach

While it would be ideal to be able to depend fully on cybersecurity measures to keep your sensitive data protected, there is always some risk. This is where cyber insurance comes into play. If the worst-case scenario does eventually happen, cyber insurance can help protect your company from some of the negative consequences and help navigate the impact. 

Most cyber insurance policies require the company to qualify by proving they have implemented safe practices around their data. With managed services, you can ensure that you will qualify for cyber insurance with an assessment of your current cybersecurity measures. This will identify the gaps in your current IT infrastructure and allow you the information to fill those gaps in order to qualify.

The Bottom Line

The long-term consequences of a data breach can be devastating, especially to a small business. But just because you own a small business doesn’t mean you should have to worry. At Computek we treat all our clients, big and small, with the same attention to detail and urgency. If you or someone you know needs assistance assessing current cybersecurity measures, call us at 512-869-1155 or visit us online at to schedule a free cybersecurity assessment!

That’s all for this week, we’ll see you next time for Tech Tip Tuesday!

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