6 Reasons to Invest in Cybersecurity in 2023

Did you know that the first computer virus predates networks? In 1971, Bob Thomas coded the creeper virus to show that a self-replicating program could damage computers and threaten a computer’s security.

In 1971, this virus had to be manually loaded and coded into the computer. These days, your computer merely needs to have an unsecured WiFi connection for it to be vulnerable. Cybersecurity gives everyone a good fix for this problem since not having a connection isn’t an option.

If you want to know more, check out our 6 reasons you should invest in cybersecurity before it’s too late.

1. Viruses By the Millions

Every day, 560,000 viruses are detected, most of which are Trojans (which disguise malware as friendlier files until they infect your computer systems). Many people think of a virus attack as something that happens to other businesses. But with the sheer number of viruses out there, it’s now impossible for a business to be virus-free for its entire lifespan.

2. Protecting Customer’s Data

Datapoints from your transactions with customers are now also recorded and stored. Hackers would love to get their hands on customer data to know who has money to go after. Cybersecurity measures will help you protect their identities and banking details.

3. AI for Malware and Hacking

Each year, AI becomes a more ubiquitous technology amongst all businesses, and it’s also found new uses in cybercrime. Hackers can use AI and machine learning to scan common programs and networks for vulnerabilities to exploit. That is why it’s important to have a dynamic cybersecurity system that uses the same method to combat these kinds of threats.

4. Ransomware Attacks

One of the most lucrative attacks cybercriminals can launch is a ransomware attack. These lock down your files and the criminals then demand that you pay them, often in the form of cryptocurrency.

Such an attack can gut the finances of a normal or online business. Getting a cloud-based SIEM solution is one of the best ways to protect your business from network threats such as these.

5. Loss of Trust

Most businesses lose most of their customer trust and loyalty when the public finds out their security has been compromised. If you want to protect your business’s goodwill from cyber threats, you need to be proactive. This affects your present-day trading and the market value of your business if you ever wish to sell.

6. Legislation

Many countries are writing laws requiring businesses operating on their networks to have a level of cybersecurity. If you do business in one of these regions and fail one of their legal audits, you might be banned by that country’s government until your cybersecurity meets their standard.

Invest in Cybersecurity and Other Tech Solutions Today

The number of viruses and types of malware out there has grown alongside the internet and its applications. Cybercriminals are always finding new ways to compromise your network, business, and customer data. Having top-notch cybersecurity in place can greatly mitigate these threats, making your trading hassle-free and appeasing your customers and even new cybersecurity laws.

If you need a business partner to look at your network, then learn more about us. We can audit your network and procedures, recommend security fixes, implement them, and even manage your IT for you.

Pegasus Technologies is the IT Team for organizations that don’t need a full-time IT department. Our technology experts build you a technology plan to keep your business running at its best. We have offices in Kennett Square, PA, Media, PA, and Wayne, PA to provide better computer support and IT services to you.