Cyberattacks on business communication channels surged by 38% last year, exposing vulnerabilities that demand immediate attention. Are your communication platforms secure enough?
However, business communication channels are also a major target for cybercriminals. In recent years, especially since the pandemic, the number of cyberattacks has skyrocketed.Â
Statistics show that last year alone, the number of hacks shot up by 38%. Worse, it still takes a business 277 days on average to identify a breach, causing a loss of $4.35 on average.
So, how can businesses safeguard their communication channels against hackers, while still providing the best possible experience for customers and maintaining team productivity? Here’s everything you need to know – and which mistakes you need to avoid.
Next up, your business needs to audit its passwords and review which team members have which permissions.
Incredible as it may sound, statistics show that a vast majority of data breaches (fully 80%!) are due to compromised login credentials. They also reveal that 75% of people do not adhere to password best practices, despite knowing better.
In fact, “123456”, “password”, and “admin” still remain on the list of the most frequently used passwords in 2024.
Increasing password complexity dramatically reduces the risk of successful cyber breaches.
That’s why a thorough password review and the implementation of draconic password standards should be high up on your list of priorities to safeguard your business communications.
As for the review of permissions, the more people have access to a system, the more likely it is that someone will make a mistake that could result in a breach.
Make sure that only those people who really need it have access to sensitive information.
Another strategy to protect your business communications against hackers is to invest in cybersecurity tools.
With the skyrocketing rates of cyber crime and the adoption of technologies such as AI by hackers, cybersecurity companies have ratcheted up their efforts to provide tools to fend them off.
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