• Skip to main content
  • Skip to primary sidebar
  • Home
TechTidBit – Tips and advice for small business computing – Tech Experts™ – Monroe Michigan

TechTidBit - Tips and advice for small business computing - Tech Experts™ - Monroe Michigan

Brought to you by Tech Experts™

Proven Ways To Mitigate The Cost Of A Data Breach

March 20, 2023

Cybersecurity is an essential aspect of running a business. In today’s digital world, it’s crucial to have a plan in place to respond to incidents, adopt a zero trust approach to security, and use tools with security AI and automation.

By taking these measures, you can help reduce the cost of a data breach and lower the risk of cyberattacks.

Putting in place an incident response plan is crucial for any organization. In the event of a cyberattack, having a well-planned and executed response can help contain the breach and prevent further damage.

In fact, a practiced incident response plan can greatly reduce the cost of a data breach, by an average of $2.66 million per incident. It’s important to regularly practice and update this plan to ensure that your organization is prepared for any potential cyber threats.

Another effective cybersecurity measure is to adopt a zero trust approach. This means that instead of trusting everything within your network, you should verify everything and everyone.

By adopting a zero trust approach, you can significantly reduce the cost of a data breach. Organizations that don’t deploy zero trust tactics pay about $1 million more per breach.

It’s important to carefully evaluate the access levels of your employees and partners, and ensure that they only have access to the information and systems they need to do their jobs.

Using tools with security AI and automation is also an effective way to reduce the cost of a data breach. These tools use machine learning and artificial intelligence to detect and respond to cyberattacks. By automating your cybersecurity processes, you can free up your IT team to focus on other tasks while ensuring that your organization is protected against cyber threats.

Advanced Threat Protection (ATP) is an example of a tool that uses security AI and automation to detect and respond to cyberattacks. By using these types of tools, you can reduce the cost of a data breach by 65.2%.

If you’re feeling overwhelmed by the thought of improving your organization’s cybersecurity, working with a trusted IT partner can help.

A trusted IT partner can help you develop a cybersecurity roadmap, implement best practices, and ensure that your organization is protected against cyber threats. They can also provide regular security assessments and help you stay up-to-date with the latest threats and vulnerabilities.

Cybersecurity is a critical aspect of running a business in today’s digital world. By putting in place an incident response plan, adopting a zero trust approach, and using tools with security AI and automation, you can greatly reduce the cost of a data breach and lower the risk of cyberattacks.

If you need help improving your organization’s cybersecurity, consider working with a trusted IT partner like Tech Experts who can guide you through the process and ensure that your organization is protected against cyber threats.

Filed Under: Cyberattacks, Planning Tagged With: cyberattacks, planning

Primary Sidebar

Browse past issues

  • 2025 Issues
  • 2024 Issues
  • 2023 issues
  • 2022 Issues
  • 2021 Issues
  • 2020 Issues
  • 2019 Issues
  • 2018 Issues
  • 2017 Issues
  • 2016 Issues
  • 2015 Issues
  • 2014 Issues
  • 2013 Issues
  • 2012 Issues
  • 2011 Issues
  • 2010 Issues
  • 2009 Issues
  • 2008 Issues
  • 2007 Issues
  • 2006 Issues

More to See

Five Reasons To Be Wary Of AI

May 19, 2025

Don’t Trust The Cloud Alone: Backup Your Cloud Data

May 19, 2025

Seven New And Tricky Types Of Malware To Watch Out For

May 19, 2025

Are You Leaving Your Office Door Open?

April 14, 2025

Tags

Antivirus backups Cloud Computing Cloud Storage COVID-19 cyberattacks cybersecurity Data Management Disaster Planning Disaster Recovery E-Mail Facebook Firewalls Hard Drives Internet Laptops Maintenance Malware Managed Services Marketing Microsoft Network online security Passwords password security Phishing planning Productivity Ransomware remote work Security Servers smart phones Social Media Tech Tips Upgrading Viruses VOIP vulnerabilities Websites Windows Windows 7 Windows 10 Windows Updates work from home

Copyright © 2025 Tech Experts™ · Tech Experts™ is a registered trademark of Tech Support Inc.