8 Cybersecurity Myths That Could Cost Your Business Money

8 Cybersecurity Myths That Could Cost Your Business Money

To stay adequately protected, you need to build a comprehensive security solution that includes the following types of measures:

  • firewalls
  • encryption
  • access control

Implementing multiple measures creates challenging roadblocks for cyber-attackers, protecting your systems and data behind several security layers. 

You don’t need to worry about insider threats

Insider threats are a real and serious threat to businesses of all sizes, causing more damage than external liabilities because they often have access to sensitive information and systems.

You should have measures to detect and prevent insider threats to protect your business, such as employee training and activity monitoring. In addition, management should be aware of the signs of an insider threat and take action if necessary—especially in termination cases.

Only IT experts can understand cybersecurity

Anyone can learn about and understand cybersecurity. While you may need IT experts to implement more complex, tech-heavy solutions, like firewalls and intrusion detection systems, there are many ways to improve your cybersecurity without technical expertise.

For example, you can educate your employees about cybersecurity risks, attack indications, and best practices to keep workers alert and cautious. Or, consider creating policies and procedures to help protect your data.

All hackers are bad

Not all hackers are malicious and out for money. Many ethical hackers use their skills to help businesses improve their cybersecurity. Companies often hire ethical hackers —also known as white hat hackers— to test their cybersecurity defenses.