Cybersecurity in Israel: Protecting Your Investments
Your company faces daily threats from online hackers and criminals. If you are interested in stealing money, evading information, or simply harassing and embarrassing your organization, you should be prepared to stop them.
Although you can get a protection measure by investing in anti-virus and anti-malware software, your cyber security strategy must be incorporated into your technology infrastructure. Investing now in a robust and comprehensive approach to cyber security concerns can save you headaches, customers and money.
Your Legal Risks
According to the World Economic Forum's Global Risk Report 2015,
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The risk of cyberattacks, both in frequency and severity, is only growing. As the devices and networks involved in what you do each day become more complex, more data is at risk, and there are more points of attack where cyber attacks can create problems for you.
Problems can be serious. Under the new European Data Protection Regulation, companies have a duty not only to protect their customers' information, but also to respond and report quickly in case of non-compliance. Failures in any area can result in large fines and other sanctions against the company. In addition, failure to protect private or confidential information may lead to claims against your organization for negligence, breach of privacy or breach of contract where contractual obligations include protection of confidentiality for customers or business partners.
Creating the Right Cyber Security Strategy
With the risks involved, the creation of a comprehensive strategy to combat cyber attacks is fundamental to its organization. This should begin with the allocation and analysis of your entire system, identifying how and why the data is stored.
Beyond this, your strategy should include testing to identify potential vulnerabilities. Explore your system constantly to see if there is infiltration. Work with programming experts who can try to break your defenses, and then you can create patches to eliminate those weaknesses before a cyber attack can occur.
In addition to that, you should have in place the means and staff to handle a cyber attack crisis, if your system is breached. This should include, of course, what is required to redress noncompliance and end the data leak, but also public relations experts and lawyers, to handle the crisis and what most likely to follow immediately - reputational issues, Possible loss of Business, as well as lawsuits. And all this must be handled quickly and efficiently; Any delay has the potential to create catastrophic damage to your business.
Preparing your company to prevent cyber attacks and what happens after them represents one of the most important security investments you can make.
