It can happen to you

Just google the word hack and you’ll get millions of examples of successful companies that at one-time seemed impenetrable to cyber-criminals.

“Apple iCloud Hacked: Millions Of iOS 8.3 Passwords Targeted As Part Of White Hat Security Research Effort”

“Target data hack affected 70 million people”

According to a recent article in the Economist, since 2005, there have been more than 5,000 known incidents of hacking, involving an estimated 675 million individual records in North America. To address these attacks, businesses across North America are spending up to $2 billion annually, but it remains to be seen whether they are spending wisely. It is expected that some businesses are overspending on data protection and may be paying $100 to prevent $50 of losses.

What to do

While there are emerging technologies and safeguards, the question remains of what to do and how do you know it works. Managed IT service partners are ideally situated to help businesses customize solutions that meet specific needs. Rather than purchasing sweeping solutions that may or may not meet your needs, a service partner such as CopperTree is there to make sure that the solution fits the need.

Start thinking about security

Do you make sure that your employees maintain confidentiality during employment and even after they leave?  Your employees need to understand what they can or cannot disclose, and what is required by the law. All confidential information should be accessed, secured, managed, retained, and disposed of according to clearly defined policies and procedures.

The costs of doing nothing

According to Bloomberg, currently there are more than 90 lawsuits filed against Target by customers and banks who are claiming negligence and compensatory damages.

To find out how CopperTree Solutions can quickly customize your IT systems to address your company’s individualized needs call us today at  (519) 804-2461 or email us at Colin.Shantz@ctsol.ca.