September 12, 2022 / Business Security, Cybersecurity, Phishing The Importance of Communication Security for Your Business
Ransomware attacks happen every 11 seconds, according to cybersecurity experts. This statistic is very alarming and continues to worsen. Users of all types are being targeted, from individuals to multinational corporations. The severity of the attacks and the ransom vary considerably, but there is one common factor. Practically all cyberattacks begin with a breach in communication security.
Despite the disturbing trends, many businesses are still not fully realizing the importance of security in business communication. Less than half of small companies have protective measures against ransomware attacks, and more than a quarter of employees lack proper training in online security. These are urgent issues that need to be investigated if you want to have a chance of surviving a severe cyberattack.
Why Communication Security is Important in the Workplace
Once a company’s communication system gets breached, the hacker will already have broken through the perimeter defense of the company, and it won’t be long before they get their hands on all kinds of sensitive and confidential information. This fear brings us to the three reasons a business should maintain security in all communications.
Customer Data Protection
In industries like healthcare, banking, and many more, companies collect customer data that must remain confidential. When this information gets out, it can cause problems for both the client and the company.
Intellectual Property Protection
Industrial espionage is a real thing. Many big corporations would pay to see information from their rivals to find out what new products or trends the competition is working on. This practice is quite common in the automotive and pharmaceutical industries.
Internal Communication Protection
Internal communication involves massive amounts of information meant only for those in your office. This confidential information is what a ransomware attacker would love to control because they can get large sums of money by holding the data hostage.
Vital Elements of Secure Business Communication
Establishing secure communication systems is crucial for all businesses, regardless of the size of their enterprise. The best way is to partner with a cybersecurity expert with the knowledge and technology to protect your communication channels.
Keep in mind that not all providers are equal. There have been cases where a supposed provider of a secure communications platform has been infected with malware. While the clients thought they were safe against online threats, they may have inadvertently placed themselves at an even greater risk.
When selecting a managed service provider to manage your cybersecurity requirements, you need to verify that they can provide the basic protective measures, at the very least.
Clear and Comprehensive Policies
A provider should be able to tell you what communication security procedures they can implement for your business. Will they manage your system and network, digital assets, physical security, and the vulnerability of your business? They should also address human fallibility, which is to blame for some business communication breaches.
Methods for Reliable Encryption
Hackers can now easily break through basic encryption methods, so you should only work with a provider that offers high-level and dependable encryption. This protection is key if your business involves a lot of remote work, and your employees frequently use their laptops and mobile devices for work.
These are just the fundamentals of why communication security is vital in running a business. You can learn more about the benefits of using a managed service provider by reading our eBook, where we discuss how an MSP can help you overcome the challenge of business communication.
Call us when you are ready to increase the security of your business communications. We can help you keep your business, your data, and your employees protected.