The Cost of Losing Data

Losing your data to a breach means much more than just data loss. It means cost of recovery, loss of trust from your clients, and potential loss of business.

According to the 2019 Cost of a Data Breach Report, malicious and criminal attacks were the leading cause of data breaches in 2019.

Research firm Risk Based Security called 2019 the “worst year on record” for breaches. With a total of 7.9 billion exposed records and over five thousand breaches reported in the first nine months of 2019.

These stats are proof that keeping your data secure is a necessity to your business.

At DataHive, we follow a process to harden your company defenses against a cybersecurity attack. By following a cybersecurity framework, we analyze gaps in your IT defenses, add more layers of security, monitor your network and respond to incidents.

Click to learn more about how DataHive can help you secure your data, so you can avoid data breaches and cybersecurity attacks.

Emerging Security Regulations

As a business owner, cybersecurity regulations are a solid way to keep up with security practices that prevent cybercrime. Your client’s, and the associations you deal with, might expect that you follow voluntary government regulations when it comes to security practices. Sharing data and having a business relationship that doesn’t follow security standards (mandatory or voluntary) increases your liability as a company, and puts your company at risk of experiencing cybercrime.

A great example of this is Payment Card Industry (PCI) Data Security Standard (DSS) compliance. Any business handling client credit card information is subject to this compliance. PCI DSS lays out a minimum data security standard that a business must follow to avoid liability for a potential breach. There are different levels of PCI DSS, depending on your number of credit card transactions and the way you handle credit card data. Navigating this maze of new regulations, heavy on technical terms, can be overwhelming.

At DataHive, our cybersecurity experts can walk you through the regulations, presenting them in a way that makes sense to you, while reducing your liability and lowering your risk of a security breach. Being PCI DSS compliant proves your company can be trusted when handling client credit card data.

DataHive’s cybersecurity experts also have experience in helping companies meet ISO 27001/27002, HIPAA, PIPEDA and SOC compliance obligations.

If you require support in meeting these compliances, contact us.

Cybersecurity Consulting

For your business data to be secure, DataHive recommends following a security framework (process), which consists of five steps: identify, protect, detect, respond and recover. This process ensures that your cybersecurity defense is free of gaps that could let hackers through. Whether you need guidance to help you through the process from start to finish, or you know which step you’re in but require some assistance from a cybersecurity expert, our IT security experts are here to help.

Here’s how it works:

As our client, you are in full control of costs by defining the scope.

You may have an existing security framework (process) with cybersecurity staff in place, and all you need is some advice related to a specific threat.

Or, you don’t have any cybersecurity staff in place and need support creating a security framework (process) for your business.

Our cybersecurity experts work with businesses from small start-ups to large multinational organizations. Contact one of our cybersecurity consultants about your business security needs.

How to Keep Business Data Secure

Keeping your business data secure requires more measures than it used to.

While it is still necessary to have an antivirus, steer clear of clicking on suspicious attachments, and have backups, businesses now require additional layers of protection to stay ahead of cyber-crime.

At DataHive, we recommend a security framework (process), which has five steps: identify, protect, detect, respond and recover. This process ensures that your cybersecurity defense is free of gaps that could let hackers through.

By planning ahead, you can review which protection layer(s) you need to add to keep your business data secure.

Click below to learn the steps needed to ensure that your business data is secure, and how DataHive’s IT experts can assist you by setting up a plan to protect your weak security points, and help you choose which protection layers you need.


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