When it comes to protecting your company’s assets, one of the biggest security measures that’s overlooked is cybersecurity. Companies are turning to their computers to digitally store their information, which takes up less physical storage spaces and makes it easier to find information. With more of your company’s information being stored digitally, cybersecurity is vital in securing your data and company information.

According to We Live Security, there were some major cyberattacks in 2016. A major breach occurred for Tesco Bank when 60,000 bank accounts were compromised and thousands of people had as much as $763 drawn from their account. Another cyberattack happened to Yahoo this past year. Up to 50 million customers had their data stolen, including their phone numbers, emails, names and passwords. Not only are these cyberattacks bad for the company, but e-Channel News also says they damage consumers’ trust in the company.

It’s important for your company to have a plan of action in case your company is unfortunate to get affected by a cyberattack. It’s important to take preventative measures, such as encrypting your data, securing your hardware and provide employee training. If your employees know how to spot potential breaches, you can stop a possible cyberattack before any damage is done. Firewalls and anti-virus programs can also help look out for possible threats.

Figure out how your company will respond to a digital crisis. Be proactive and develop a plan early so you don’t have to make one after an attack has happened. Just like fire drills happen regularly, you should regularly rehearse cybersecurity action plans.

At Across Borders Management Consulting Group, we deliver security controls that deliver predictive analytics, prioritized threat data and real-time monitoring. Contact us today to see how we can optimize a plan for your company and its needs.