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Did you know that 25% or one in every four businesses never reopen following a major disaster? In 2018, Nationwide reported that 68% of small business owners surveyed said they did not have a cyber emergency plan and 49% said it would take at least three months to recover if something were to happen.

What if there was a simple and effective way to prevent a cyber emergency? By leveraging the latest advancements in technology, organizations of all sizes are looking to replace insecure and inefficient security systems to prevent potential cyber emergencies. Before you can prevent a cyber emergency though, you must first understand what they are.

What Constitutes a Cyber Emergency?

A cyber emergency is the loss or compromise of company information or systems, typically through third-party intrusion, employee sabotage, or by accident.

How can Digitech Systems help? Let’s take a look at the different types of cyber emergencies and the technology that can be used to securely protect your organization’s data.

Security Breach.

A security breach is any incident that results in unauthorized access of data, applications, services, networks, or devices by bypassing their underlying security settings. According to Blackhat, there were 698 major data breaches in the US as of May 2017, representing more than 10 million compromised records. Enterprise Content Management (ECM) systems such as PaperVision® Enterprise and ImageSilo® offer advanced audit trails that give you the ability to know when and by whom documents were accessed, helping you identify the source of a breach.

Natural Disaster.

A natural disaster is a natural event such as a flood, earthquake, or hurricane that causes damage to systems and data loss. Securely protecting your documents in the cloud with ImageSilo will give you the peace of mind knowing your data is safe from any kind of natural disaster. As a cloud service, ImageSilo keeps information out of harm’s way during a local disaster.

Theft.

Theft is the action of intentionally taking information without permission. According to Cybersecurity Ventures, cyber-crime will cost the world $6 trillion annually by 2021. PaperVision® Capture offers data encryption, while PaperVision® Enterprise and ImageSilo offer document security settings that ensure sensitive information does not wander off or get into the hands of the wrong individuals. In addition, all systems encrypt information both at rest and during transmission.

Loss.

When was the last time you couldn’t find that important document or piece of data you needed? Loss of data happens to organizations daily. A 2018 Shred-it study found that 47% of business leaders said human error such as accidental loss of a device or document by an employee had caused a cyber emergency for their organization. PaperVision Enterprise and ImageSilo offer audit trails that allow you to track and monitor the location of documents at all times, and security settings prevent unauthorized access to sensitive records. Built in ‘non-repudiation’ ensures that documents are not replaced with altered versions in an attempt to hide theft and fraud.

Unplanned Downtime.

Unplanned downtown occurs whenever a server or system goes down unexpectedly. Statista says it can cost almost $400,000 for every hour a server is down. That is over $6,000 a minute! ImageSilo offers a 99.9% up time guarantee to ensure you do not lose money because of an unexpected server or power outage.

Human Error.

Human error in the workplace can occur in a variety of ways from entering data wrong to leaving paper documents with sensitive information out for wandering eyes to see. PaperVision® Forms Magic technology utilizes Artificial Intelligence (AI) to eliminate errors caused by manual data entry to ensure data accuracy. ImageSilo and PaperVision Enterprise enforce records management rules to ensure that only documents approved for destruction are removed from the system and only after approvals with appropriate audit trails.

How Can You Prepare for a Cyber Disaster?

Data security is no longer a luxury; it is a priority for organizations of all sizes. Every employee who logs on to the internet potentially exposes the organization to threats. Organizations report thousands of attacks monthly, varying from minor to extremely serious, and many business owners still do not have a plan to recover. Even though so many organizations are not prepared for a cyber-emergency, cyber security has now become a top priority. Do not be intimidated when thinking about upgrading your security systems! Thanks to advances in technology, protecting your organization is easier than ever before.

How Does the Cloud Help?

  • Worldwide information security spending is forecasted to exceed $124 billion in 2019.
  • 91% of IT departments using cloud as part of their cyber emergency solution feel confident in their security strategy.7
  • 54% agree that reliability is the most important factor in a cyber security solution.

Do not fall behind your competitors and risk losing your important data. In today’s complex digital world, you never know if or when your organization will experience a cyber-emergency. The best thing your organization can do to protect themselves from a cyber-emergency is ensure you take preventive measures to securely protect your data from potential threats.

For more information on Digitech! Contact us today!
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