Managing a business or organization can be a challenging experience. While many business owners know the importance of marketing, sales, inventory management and financial matters, they may not understand how poor security can cause problems. The following guide explores how security systems, like?encryption key management from Venafi, can benefit businesses of all sizes .
Many business underestimate the role of proper security. Without proper security systems, business information can be at a high risk of theft. This can include product lines, manufacturing information, proprietary business information, financials and more.
Every day, thousands of professional hackers from around the world try to break into secured digital systems. For example, there have been recent stories in the news about?password theft at Yahoo, LinkedIn and other social media websites. While losing a password for a social media website can be annoying, it?s important to understand how a small break in or lost password can escalate to a larger problem.
Many people use the same password for several different services. While it can be convenient to have the same password for an email account and one?s banking account, it can expose one to a significant degree of liability. Many hackers know that people will use weak passwords for non-essential accounts. This might include passwords to online games, news websites and other non-critical sites. Since the passwords on these sites may not be very well protected, there is an increased chance of password theft.
It?s important to make sure that all passwords are stored in an encrypted hash. This can be an excellent way to reduce the?risk of password theft. It?s also a good idea to use a unique password for each service one uses. By having a mix of different passwords, it?s possible to reduce the risk of losing multiple accounts.
Criminals can use stolen data for a variety of nefarious purposes. For example, many criminals are hired by foreign companies to steal patented information. Over the past few years, there have been numerous cases of hacked databases that contained engineering information, product designs and more. Many of these hackers are located in China. Since China has only been quasi-capitalist for a few decades, it lags significantly behind the United States in research capabilities. Because of this, Chinese hackers will try to steal company secrets to incorporate into their own products.
It?s important to understand the role of security in modern businesses. It could spell the difference between your company flourishing or dying out.
Source: http://www.business2community.com/tech-gadgets/understanding-internet-security-0229161
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