The rapid growth of e-commerce has created immense opportunities for businesses, but it has also introduced a host of financial risks. Online retailers face all kinds of challenges that can impact revenue and long-term stability. As digital commerce continues to evolve, so do the tactics that cybercriminals use. E-commerce companies need to implement various security measures to protect themselves from financial vulnerabilities.
Cybersecurity is a top concern for many small businesses, especially since internet-based operations are central to many of them. As cyberattacks grow more frequent and severe, some decision-makers weigh whether to outsource their IT security needs. That approach has both positive and potentially negative aspects to weigh.
Many IT teams working for small businesses struggle to safeguard their employers from emerging threats. That issue can arise for various reasons, including the fact that theymay have fewer overall resources, resulting in cybersecurity professionals becoming overworked and potentially distracted.
Today’s businesses face the constant threat of scams, costing them resources and dipping into profits every year — the average cost of a data breach was $4.88 million in 2024. While smaller organizations may see less of an impact, the costs can still add up. Having a plan in place reduces the expense and gets the business back up and running quickly so it doesn't suffer from lost business.
Every business leader faces pivotal moments that challenge their mettle, whether from internal organizational issues or global crises. In many instances, the fallout from these events can often cascade to employees, triggering uncertainty and anxiety.
During such exigencies, the role of management becomes crucial — both in managing the issues and ensuring workers feel safe, valued and heard. Delve into how to step up and provide psychological safety for your teams while navigating critical situations.
It only takes one significant change to derail an entire department, throwing communication into chaos and causing unplanned downtime. How can business professionals make their teams resilient to change? While no one-size-fits-all solution exists, there are several proven strategies they may find helpful.
Employees are leaving their jobs in record numbers – both voluntarily and involuntarily
The amount of employee turnover that occurs each year varies depending on the industry and country. However, layoffs have seemingly become a common occurrence in the business world, with the tech industry being hit particularly hard of late. Layoffs.fyi, a website that has been monitoring tech layoffs since March 2020, has compiled data indicating that at the time of publishing, approximately 139165 employees have been laid off by 503 tech companies since the beginning of this year.
March 29, 2023 – WatchGuard® Technologies, a global leader in unified cybersecurity, today released findings from its most recent Internet Security Report, detailing the top malware trends and network and endpoint security threats analyzed by WatchGuard Threat Lab researchers in Q4 2022. While key findings from the data showed declines in network-detected malware, endpoint ransomware increased a startling 627%, and malware associated with phishing campaigns continued to be a persistent threat.
LONDON, UK / March 7, 2023 - Egress, a cybersecurity company that provides intelligent email security, today released its Email Security Risk Report 2023. The report uncovers findings that demonstrate the prevalence of inbound and outbound email security incidents in Microsoft 365, with 92% of organizations falling victim to successful phishing attacks in the last 12 months, while 91% of organizations admit they have experienced email data loss. Not surprisingly, 99% of cybersecurity leaders confess to being stressed about email security. Specifically, 98% are frustrated with their Secure Email Gateway (SEG), with 53% conceding that too many phishing attacks bypass it.
Grassroot movements, strikes and civil commotion are risks that every business must consider in 2023, warns strategic malicious risk advisors, CHC Global, as they will likely disrupt businesses and affect organizational resilience for months, if not years, to come.
Starting a company is a risk in itself. Tech businesses sometimes take years to see growth. It’s natural to feel pressure as an entrepreneur with employees and clients relying on success. Unfortunately, some CEOs get into the habit of avoiding risks and taking the safe road. Doing so may mean the brand misses out on excellent opportunities.
Finding the right balance between risk-taking and risk-avoidance ensures a brand grows steadily without imploding on itself. Taking the wrong risks costs companies money and may even cause them to shut their doors permanently.
