7 Actionable Steps to secure your IT Infrastructure

Over the past few years businesses have seen exponential growth in digital and virtual information, preferring to store company information on either cloud-based storage systems or disk drives and hardware, rather than opting for the old method of keeping data on paper.

However, this poses the question of how safe is digital and virtual information storage, with many businesses not realizing the importance of cybersecurity and keeping their company’s information secure until its too late.
So Why Invest in Cybersecurity?

Cybercrime is a real danger, with an estimated 6 trillion cases annually expected by 2021.
Cybersecurity is expected to reach $133.7 billion in 2022.
An estimated 68% of business leaders feel cybersecurity risks are increasing.
In early 2019, data breaches exposed 4.1 billion records.
25% of these were intelligence breaches, and a staggering 71% were financially motivated.
Hacking saw 52% of breaches, with 28% involving malware and 32–33% involving phishing or social engineering.

The Significance of Cybersecurity Breaches
The consequences of a cybersecurity breach are both devastating and traumatic.

Cybersecurity breaches can have a devastating effect on businesses.

Businesses can suffer substantial financial losses from either the loss of sales or their banking information theft.

Severe sales loss and the disruption of the business’s day-to-day activities can happen when businesses’ hardware systems are down, which, according to IBM,