Risg Solutions offers professional customised health, safety, environmental, quality and fire management solutions. Our goal is to support your company in complying with your legal and moral duties, whilst also positively impacting your financial and business performance.
We cover Cardiff, Carmarthen, Swansea, Neath, Newport, Pembrokeshire, Wales & Borders..
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Introduction:
Security breaches are a common occurrence across most business sectors. No organisation is immune from the threat posed by cybercriminals, from multinational corporations to small start-
Why are security breaches a growing issue for businesses?
The 2023 Cyber Security Breaches Survey found that 32% of UK businesses had experienced a cyber security breach between April 2022 and 2023. The surge in security breaches is due to several factors. Rapid digitisation has provided hackers with more digital information to exploit. Cybercriminals have advanced their hacking tools and techniques, enabling them to launch attacks more precisely. Moreover, these criminals now operate in more organised networks, collaborating and specialising in different areas. These factors collectively contribute to the increasing threat of security breaches across most business sectors.
What are the impacts of security breaches?
The consequences of security breaches can be catastrophic for any business. The financial implications are significant, with costs associated with data recovery and lawsuits. Moreover, the damage to a company's reputation can be irreparable, leading to a loss of customer trust and loyalty, impacting long-
Beyond the immediate financial and reputational losses, security breaches can disrupt business operations, leading to downtime and decreased productivity. Hackers can steal sensitive information, such as customer data and financial records, leading to fraud and other malicious activities.
How to protect your business against security breaches?
Businesses must adopt a multi-
Conclusion:
Security breaches have become a pervasive threat in today's digital landscape, targeting businesses in most sectors. The repercussions of security breaches can be severe, resulting in financial losses, reputational damage, and legal consequences. However, implementing a robust information security management system (ISMS) based on the ISO 27001 standard can provide your business with a solid defence against security breaches. To learn more about ISO 27001 or to begin your certification process with RIGS, contact us today.
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