About a third of all successful data breaches involve phishing, or the scheme in which scammers pretend to be a legitimate entity in order to trick users into giving up personal information such as passwords and credit card details. Phishing scams are usually sent via email, but they can also be delivered through Short Message Service (SMS) or voice calls.

According to the newest report by IBM and the Ponemon Institute, the average cost of a data breach in 2020 is $6.38 million. This figure is up 10% in the past five years, highlighting how valuable data is and why cybercriminals are relentless in their pursuits to steal it.

North Carolina is not new to security breaches. As of July 2019, the state has reported a total of 6,500 breaches, impacting over 16 million North Carolina consumers. The Old North State has also taken steps to intensify guidelines on cybersecurity and data breach notification to further protect consumer data.

The most important thing in running a business is, well, to keep it running. This may sound like a piece of cake, but it’s not. On top of ensuring a healthy cash flow and building a loyal customer base, you have to be prepared for anything that can threaten business continuity.

Practically every business in Charlotte, North Carolina experiences downtime due to tech malfunctions. But while not having 100% uptime is normal, experiencing recurring interruptions can adversely affect your organization. Here are the most common ways IT-related dowtimes hinder your business from achieving its potential.

As a business owner, you know that data security is one of the most important aspects of business, especially now that cyberattacks are becoming more sophisticated. You're likely using antivirus software, firewalls, intrusion detection systems, and the like to protect your Charlotte business.

Today, a data breach can be a business’s worst nightmare. The average cost of a data breach even for small businesses is $3.92 million. Incidents have become all too common, especially in healthcare, manufacturing, and finance, as sensitive data from these industries have become appealing targets for cybercriminals.

Cloud technology is rapidly transforming the way companies do business. According to Right Scale’s 2019 State of the Cloud Report, 91% of businesses are using the public cloud for their processes, with 72% using private cloud and 69% using the hybrid model.

Data security remains a hot topic among enterprises across all industries. This is because many companies still need consumers’ personal data to improve customer experience and tailor ads to their preferences. However, customer information has become more susceptible to data breaches and other unethical use cases.

Businesses, from healthcare to finance to retail to manufacturing, must all comply with data security and privacy regulations. Not only is compliance mandatory, but it also helps companies achieve better integrity, and information systems security and availability.