Data Security | Cloud Backup

9 Jan

Data security to safeguard your information and reputation

Data security is an essential part of every company’s risk management strategy, and securing your business information will nett you a lot more than a good night’s sleep:  it will also safeguard your company’s reputation in the marketplace.

As we look forward to a prosperous 2024 filled with business opportunities, it’s important to recognise the very real risk that cybercrime poses to organisations in South Africa. Keeping your company information safe from ransomware attacks with business backups should be the top priority of every IT department and business owner this year.

The double risk of a cyber-attack: Data and reputational losses

There’s no denying that we all live and work in an era where data is as precious and valuable as money. Any company that has been the victim of a ransomware or cyberattack and has lost several months’ worth of revenue can attest to this fact.

More alarmingly, the financial losses caused by a cyberattack may pale in comparison to the long-term effect it could have on a company’s reputation and ability to attract clients.

  • The importance of data in our daily lives, and the crucial role it plays in the running of our businesses, means that any company which takes private data into its care needs to be ready and willing to protect it at all costs.
  • Clients are naturally concerned about the safety of their sensitive data – especially if it’s financial in nature. This is especially true in light of South Africa’s growing reputation as a cybercrime hotspot.
  • Having enhanced data security will give your business an instant credibility boost and put your clients’ minds at ease, potentially leading to longer term business relationships and more referrals.

On the other hand, failure to do so could result in a huge PR scandal when a breach or cyber-attack takes place, potentially placing sensitive information of customers in the hands of criminals.

Immutable storage boosts data security for peace of mind

Recognising the threat that cyberattacks pose is a good first step to protecting both your data and good name, but what steps can businesses take to add an extra layer of security to their accumulated client data?

  • Immutable storage is a high-tech encryption system that makes it impossible for data to be altered once it enters the cloud.
  • As one of the few effective ways to stop cyber-attacks in their tracks, this technology is becoming the gold standard at data centres around the world.

If your company handles any kind of sensitive data – be it your own or your clients – you simply can’t afford to risk your reputation in the event of a major breach.

Soteria has integrated immutable storage into our range of packages for businesses of all sizes. Visit our website today to discover the solution that suits your company’s needs.

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