Technology is one of the most powerful forces in business success and transformation today, driving new avenues of value delivery, access to new markets, increased consumer satisfaction and augmented experience — the list goes on. When a business has evolved, learned and grown so much over the years, adapting and integrating emerging technologies and new strategies, the last thing it wants is to have is all of its hard work undercut. Yet, data breaches and cybersecurity are a looming threat to the growing number of enterprises operating in the digital sphere, with many organizations struggling to find ways to feel truly protected against malicious attacks.
To date, the globe’s biggest data breach exposed personal information associated with 3 billion accounts. Of course, cybersecurity calamities like these pose huge financial setbacks for businesses, with the global average cost of data breaches in 2019 reaching $3.92 million. This loss of revenue and competitive advantage can mean that smaller entities are meeting their premature end as a result of data insecurity. However, the most critical pitfall is the lasting damage inflicted on the reputation and client trust that enterprises work so hard to build. In an increasingly competitive market where other providers are just a click away for customers, client trust and satisfaction are vital to maintain.
While the digital age presents many benefits, it also ensures that bad news travels farther, faster. Events like data breaches are not soon forgotten, penetrating the minds and market choices of clients and end-users more powerfully than ever before. Especially when a growing amount of sensitive information (such as that used by healthcare, finance, and education) is being stored, accessed and shared online, the stakes are only getting higher. As a result, creating a thorough and conscientious data protection plan is paramount.
Although the synopsis may appear bleak, hope is not lost. It’s true that the threat of cyber hacks and data breaches is expanding, but there are ways that enterprises can better safeguard their critical information for the future. Making a concerted point to implement business-wide best practices and equip the team with the proper tools and procedures to maintain data protection is the secret to avoiding costly and disastrous points of security weakness. To amplify this success, MOD Mission Critical offers managed services that put businesses in the driver’s seat and put the power back in the hands of those that need it.
With high levels of expertise, inclusive and predictable flat fees and scalable subscription models, MOD’s managed services ensure that next-level security strategies are seamlessly supported and risk is effectively mitigated. Plus, with one of the cornerstones of MOD’s service promise being a real human touch and boutique-level attention, every business requirement is carefully considered and a bespoke solution is formulated for unique needs. MOD helps businesses augment their security by leveraging access to 400 carriers, 200 data centers, 37 managed Points of Presence, countless on-net buildings and beyond, all at wholesale rates.
It’s true, digital business strategies can create a heightened chance of damaging security events. However, with the proper tools and support, enterprises can rest assured that they are effectively doing their due diligence, safeguarding against financial and reputational repercussions and mitigating risk. Delivering preemptive solutions and future-proof strategies to help keep data more secure than ever, MOD is a trusted partner to businesses looking to bolster their data management and protect against hacks and breaches.