two professionals discussing their company’s security plans

According to research, an astounding 281.5 million people have been affected by a data breach of some sort in 2021. Unfortunately, the coming years are expected to follow a similar trajectory.

Whether you run a construction, consulting, industrial planning, or hospitality business, you should have a strong focus on improving security across the board. You may, however, feel tempted to save and invest in other aspects of your business. If this thought crosses your mind, don’t let it linger.

In this article, we’ll offer a closer look at what can happen if you skip security services for your business. Continue reading.

 

1. Legal Trouble

Forgoing security support means inviting potential legal trouble to come knocking at your door. At a time when phishing attacks, ransomware attacks, malware attacks, MitM attacks, DOS attacks, and a ton of other threats are at an all-time high, your company can easily fall victim to a massive cybersecurity attack.

As sensitive customer, client, or vendor information is leaked, you may face a lawsuit. This means watching a ton of money go down the drain. It will also affect your company’s reputation and potential for growth in the long run.

 

2. A Weak Safety and Security Culture

Modern companies are known for how safe and secure their environment is for clients, customers, and employees. If your company doesn’t have a strong safety and security culture, people will hesitate to partner with you.

You may lose important clients. Your customers will also feel much, much better about signing up for a competitor’s products/services, provided that they offer greater security and safety. Lastly, your employees will feel unsafe in an unprotected work environment.

These factors can affect your company’s efficiency, performance, and progression moving forward.

 

3. Cases of Theft, Vandalism, Loss of Access, etc.

a cybersecurity attack

There’s a lot that can go wrong if your data isn’t adequately protected. Worst case scenario, you can end up losing access to your data, falling victim to theft, or dealing with vandalism.

Tread carefully. Security can ultimately make or break your company’s reputation, success, and growth. Instead of skimping on security, work towards strengthening it.

As one of the leading cybersecurity IT companies in Texas, 3i International is committed to helping clients increase their profitability and productivity. We offer a wide range of services, including cloud services, managed IT services, VoIP services, copier services, and more.

We’re committed to serving the architecture, finance, engineering, legal, manufacturing, oil and gas, and healthcare industries, among several others. Click here to get started.