Statistically, one of the most underinvested sectors of the corporate business world pertains to information technology (IT). This is astounding because companies do not realise that this department is surely one of the most important departments that they have to protect in order to avoid lawsuits.
In modern times, corporate clouds have become increasingly accessible to hackers. In fact, the average hacker becomes more and more sophisticated by the year. The reality is that many businesses often come to the realisation of the danger of corporate information technology hackers when it is too late. These executives end up spending a fortune of corporate revenue on an emergency information technology strategy when had they invested the necessary capital from the outset, they would have saved themselves hundreds of thousands of dollars and sustained less damage to their public corporate image.
If corporations invested the initial capital in IT, then they would save themselves a lawsuit, hacking, or a system malfunction. Additionally, by investing in an IT department, a company could avoid many liabilities because the IT department would be able to conduct regular diagnostic tests to ensure that the firewall is secure. That being said, the area that has the largest liability in corporate IT is surely the cloud. The reason for this is that the cloud is a platform that is accessible to many, which can cause a great deal of problems with security if a company is not careful.
The importance of Keeping Your Wi-Fi Secure
Surprisingly, one of the most vulnerable parts of your company’s IT department can be located at your local Starbucks. In fact, one of the best ways to test your corporate security in a simple manner is to see whether your corporate Wi-Fi is available publically. The reason for this is that a public corporate Wi-Fi is one of the easiest ways for hackers to get through your corporate firewall. By locking your corporate firewall, you will be saving yourself a lot of headaches. An example of this can be seen from the recent Target hacking scandal. Target had a lot of their customers’ identities stolen as a result of their negligence with maintaining a secure Wi-Fi network. The hacker ended up hacking into their system from the Target parking lot because he was close enough to the building to gain access to the Wi-Fi. If your business is of the nature that has confidential information about consumers, it is wise to learn from Target and protect yourself by simply locking your Wi-Fi server to only allowing corporate access. Once you do this, you are going to have to secure your cloud in order to prevent hackers from obtaining access to your firewall.
How Corporate IT Security Affects Professional Service Firms
If you have a professional service firm such as a law or accounting firm, the cloud is absolutely your enemy. In fact, cloud hosting should be handled with care. The reason that having your corporate information on a cloud is such a risk is that you have client’s confidential lawsuit and/or tax information in files that should not be accessed by those who are not privileged to that information. Failing to protect this information could cost you a great deal of capital in lawsuits.
One of the best ways that you can protect yourself from this sort of liability is to invest in laptops, iPads, and iPhones for your staff that are company owned. The reason that this is essential is because these devices will automatically retrieve the password for your cloud and Wi-Fi. This will eliminate guests in your office asking for the Wi-Fi code and gaining access to your system. Additionally, this will prevent your staff from accessing your servers on unsecured devices, which could become a great potential threat to your business.
If you are an owner of a professional services firm, your number one priority should be investing in your IT security. This will be the investment that will serve you well and avoid detrimental lawsuits that could even cause you to lose your professional license.
How Corporate IT Security Affects Big Box Retailers
Considering the Target example previously, it is not difficult to imagine how big box retailers could be at risk from cloud security in general. Ironically, the largest retailers are in fact the most vulnerable because there is a lot of oversight with their IT departments.
Another recent example of a big box retailer and/or distributor of products to big box retailers that got hacked was Sony. Sony has been hacked several times. The first time was through their video game consoles that stole the identity of thousands of consumers and the second was when their internal system was hacked. The second offense was more serious because the hacker ended up threatening the CEO as he was boarding an airplane. Sony faced a great deal of public embarrassment as a result of these hacks and they lost a great deal of business. The lesson to be learned from this is that no corporation is invincible from these threats. The reality is that hackers get more intelligent by the day and it is the company’s job to invest in the proper IT to keep up with them.
The Ever-Evolving Cloud
Having the cloud in the cyber world has absolutely made positive benefits that outweigh the negatives. Clouds have absolutely promoted corporate efficiency pertaining to the efficient distribution of information that allows globalisation to continue to thrive in the corporate culture. The digital transportation and storage of information has created a new era of business that promotes efficiency. The key to having a cloud in your business is to invest the proper capital in protecting it. If you do this, it is not certain that you will be invincible; however, you will have an insurance policy that will guide your business through many potential threats in the modern era.