8 Cybersecurity Myths That Could Cost Your Business Money

8 Cybersecurity Myths That Could Cost Your Business Money

That’s why it’s essential to use a combination of letters, numbers, and symbols in your passwords and change them regularly. Additionally, use two-factor authentication whenever possible so that even if a hacker cracks the code, they won’t be able to access your account.

Small businesses don’t need to worry about cybersecurity

Just because you’re a small business doesn’t mean you’re not at risk for cybercrime. Cyber trends in 2022 show hackers often target small businesses because they tend to have weaker cybersecurity defenses. 

As a result, small businesses typically spend more on recovery after a data breach than larger businesses with more extensive security measures. To protect your small business, ensure you have robust cybersecurity measures —like firewalls, intrusion detection systems, and proper employee training— in place.

Cybersecurity costs too much money

Investing in cybersecurity can save your business money in the long run by preventing data breaches and other cyber incidents. Though the initial cost of protective services and systems may be steep, the price of a powerful data breach will likely be much greater than security setup expenses. 

In addition, you can implement many cybersecurity solutions, such as firewalls and intrusion detection systems, for little or no cost with the right service. Ultimately, having protections to save you from business-tanking attacks is worth any price you pay. 

Anti-virus software is all you need

While anti-virus software is an integral part of any cybersecurity strategy, it’s not enough to keep your business in the clear. Unfortunately, anti-virus software can’t protect against all threats or detect and remove all malware.