As a business owner, you should know that your business data is critical to your organisation’s ability to successfully maintain a competitive advantage. In a normal business environment, there is a massive amount of information contained and all these pieces of information are vital to your business’ operations. Therefore, maintaining adequate security controls for access to that information is a major responsibility of business owners and managers.
Of course, if your important, confidential business information goes to the wrong hands, it can cripple your business. You probably have heard about the horror stories about companies that lost critical business data or customer information records through malicious activities. These incidents can have a significant negative impact on you, and can cost the companies millions in lost revenue or retribution-in addition to the negative press.
One of the most popular forms of security threats that businesses and private individual experience is from outside the organisation such as credit card and identity theft. Such events normally receive most of the attention in the media; they are in the news constantly. These events are typically the result of companies that fail to maintain tight security controls on customer information.
However, apart from mentioned above, there are some other security threats that businesses need to be cautious about. Read this blog post for more details: http://www.businessinsider.com.au/10-essential-data-security-measures-every-business-should-take-2010-6#establish-strong-passwords-1
