Why investment in Cyber security solutions is important for business growth?
Protecting data, which is vital for an organization, is very important. We invest in securing things that are of importance to us –life insurance, car insurance, homeowner’s or rental insurance are the proofs.
Similarly, for an organization, one of the most important assets is data. The entire functioning of a firm depends on the availability of right data at the right time. If the data is not protected or backed up for future use, you can be at a constant risk of losing it.
While larger companies have IT departments to manage cybersecurity, smaller business owners need to be aware of the trends in cybersecurity threats to protect their business.Keeping abreast of the latest cybersecurity issues is part and parcel of staying updated in business matters and news.
A small investment goes a long way
While many studies look at the huge financial impacts of cybercrime on larger enterprises, the reality is that any attack on a small business is likely to have a disproportionately large impact. That’s because many small businesses simply may not have the insurance, security and business recovery resources at their disposal to survive such an attack.
The key to cyber security for small business is to invest wisely and effectively.
- You need to look at the most effective security measures that your enterprise can take in terms of protection and value for money.
- That is the reason why an increasing number of organizations are trusting data Backup solutions, especially cloud-based backup services to ensure timely availability and safe restoration of their data. Backing up data on the cloud is much better than any on-premise data backup solution. Why? Well, there are many reasons behind it.
- A cloud-based data backup solution enables the users to store data reliably on off-site/remote locations instead of physical data storage like hard-disk or tape backup that may not be reliable in the event of natural or man-made disaster.
- If you are running your organization without having a backup solution or are using any on-premise data backup solution, following are the top ten signs which show that you need a cloud backup as a service solution.
7 Reasons to Invest in Cloud Backup as A Service for Data Security.
You face frequent outages – Outages are very common for an online business. But if that happens frequently, it may not only cause your site to lose credibility but might also result in loss of data. For ecommerce, banking, financial or educational sites, any loss of information would result in loss of customers and students’ data.
Your data is highly confidential and sensitive – Data pertaining to financial organizations, security agencies, hospitals and defense departments is very sensitive. They cannot afford to lose data permanently or it to get compromised due to some unauthorized access. For them, a cloud based backup solution is the perfect way to store their data securely and fetch information as and when required.
You have several backup tools that are hard to manage. On-site data backup can be hard to manage. As your infrastructure grows, you may be handling huge data silos. Over time, managing them become a near impossible task and they do nothing but eat up your space and time. But, a cloud backup solution will create data duplicates on a remote site, thus will not consume on-premise space. Many backup service providers archive the less required data on cloud and keep the frequently used data closer to the datacenter for faster recovery.
You are spending too much on on-premise data backup devices – On-premise data backup solutions like tape or disk-based devices can be very expensive. Plus, even if you manage to store all data on them, you might face issues while restoring it. And a physical system is always prone to human tragedies or technical glitches and external environment threats.
You want faster data restoration – Business Continuity is an important aspect of any business that runs on real time and digital data. You do not have the privilege to wait for hours to recover your data and kick start your business again. A downtime will lead to lost customers and revenue. A cloud server backup solution quickly backs up the data off-site on a remote location and can restore the same data in hours to minutes.
You want a single solution, requiring less manual intervention. Data backup needs careful planning and attention of dedicated personnel. Not every organization has fully functioning IT department to do the needful. Even your IT department would want some time to think about innovative developments rather than juggling issues with data backups. A cloud-based data backup can be the ultimate comprehensive solution that can handle complete data backup with less or negligible manual intervention.
Your application runs slower due to backups running in the backend. Data backing is a complete process and on-premise data backup solutions consume the network resources of the system. Any issue in the backup line might become a bottleneck, eventually slowing down the entire application.
Cybersecurity is needed in every business industry.
Why should you invest in cybersecurity?
The main goal for investing in cybersecurity is to protect customer data. Many of the basic precautions such as updating system software including firewalls, changing passwords regularly, being aware of threats such as social engineering and phishing emails can be achieved at more or less zero cost.
Microsoft invests in several ways to help you mitigate the effects of Cyber attacks.
As a Microsoft Gold partner, we can help you better manage your identity and access controls, secure links and attachments in emails, and stop breaches before they escalate in severity. If there is a raised concern about managing Cyber security in your organization, contact us to learn How Azure Backup and other Microsoft Services can help protect your Business against today’s evolving Security threats.
