The one thing startups always forget to do before raising funds

The one thing startups always forget to do before raising funds

Everyday in the life of a startup is a hectic one. There’s just so much to do that a lot gets forgotten. If you’ve started a business before, you’re probably familiar at least with the long list of tasks ahead of you. Someone with less…
We tend to put off preventative measures whenever possible. Even when we know better, we often put ourselves in reactionary position against threats rather than taking a proactive, grab-life-by-the-horns approach. As an entrepreneur, it's easy to understand how this happens: You're swamped with other projects critical to your development and you're probably trying to save cash where you can, waiting to take on some issues until they just can't be put off any longer. But when it comes to cybersecurity, that point may already be too late. If you adopt a reactionary stance to cyberthreats, you're likely to find yourself in hot water with nothing to shield you from the consequences. Whatever plans you had in mind moving forward must then be sidelined as you try to weather the storm. So, why let things get so out of hand? The vast majority of cyberthreats can be stopped before they begin simply by investing in cybersecurity services before you find yourself targeted in any way. Here are some of the different disasters that can be prevented by tackling cybersecurity early on: Infrastructure damage The most obvious is damage to the foundation of your business: its infrastructure. This could be an attack on your website, the destruction of important databases or even a virus that manages to corrupt all the computers in your workplace. This kind of cyber disaster essentially stops your development cold and forces you to take a 90-degree turn. What went wrong? What is the extent of the damage? Can your hard work be recovered or will you have to spend time putting it all back together again? These are all questions you frantically ask yourself as it becomes abundantly clear that putting off any serious cybersecurity measures has cost you too much in your most precious commodity: time. Financial damage But cyberattacks and damages cost you in another significant way: your cash flow. The most important thing for any growing business is its bottom line - that's why it's called the bottom line. Cyberthreats not only incur costs to repair whatever damage was done; there is also mitigation to think about, those desperate attempts to minimize damage when damage has already been done. On top of it all, any cyberattack causes significant disruption to your business operations, which inevitably has a direct impact on your sales and clientele. The question then becomes: for how long? If operations are miraculously compromised for just a day or two, you're one of the lucky ones. Reputational damage In today's market, much rides on being perceived as a dependable and secure business. The general public is more wary than ever of companies mishandling their data and most business clients will choose to work with the most reliable companies and products over ones with a less-secure innovation. People across the globe are becoming exceedingly dependent on certain technologies and services, making it crucial that those technologies and services are safe. Being hit in an attack, even once, can have a detrimental impact on your reputation. This impact gets even worse if it becomes clear that you could have done more to prevent the attack, including cybersecurity measures and complying with safety standards and regulations. Legal damage In cases where your business wasn't the only entity to suffer damage or you're found to be non compliant with safety standards and regulations, you could find yourself in deep legal trouble on top of everything else. This may include expensive lawsuits or even government intervention in some instances. Out of all these disasters, the legal one is perhaps the most feared by entrepreneurs, as it eats up resources for an indefinite period of time. Legal proceedings could take several months to reach a conclusion in the best of circumstances. Often times, a cyberattack will result in all of the disasters listed above to one degree or another. The key to mitigating this risk is not reaction, but preemption.

The disasters you can avoid by tackling cybersecurity on time

We tend to put off preventative measures whenever possible. Even when we know better, we often put ourselves in reactionary position against threats rather than taking a proactive, grab-life-by-the-horns approach. As an entrepreneur, it's easy…
Everything you need to know about ISO 27001

Everything you need to know about ISO 27001

Information security is a top priority for anyone dealing with any kind of data these days. The general public has become more aware of this issue with public cases of attacks like that on Target in 2013 and privacy is valued by internet users…
Everything you need to know about PCI DSS

Everything you need to know about PCI DSS

Depending on the size of your business and the product or service you provide, there are several kinds of regulations and standards you want to be in complete compliance with to both protect and guide your growth. Many of these will differ from…
The 2 standards you should meet to ensure your security - and prove it

The 2 standards you should meet to ensure your security - and prove it

Every company is different, and therefore has different needs when it comes to compliance. What do you need to comply with and what's the best way to do it? That mostly depends on what industry you're in, what kind of product or service you…
What is compliance and why do you need it?

What is compliance and why do you need it?

A high level of competition in an ever-more globalized economy makes it tough for a business to stand out from the crowd and establish itself as an industry player. You have to be creative with marketing and management, and be backed up by an…
6 things you should know before hiring a risk assessment service provider

6 things you should know before hiring a risk assessment service provider

We all like to prepare for things. Good research and preparation can help us understand what's coming, making us that much better decision makers. You could even say that this process involves a bit of risk assessment itself, since we need to…
What's involved in the risk assessment process?

What's involved in the risk assessment process?

We assess risks all the time in our daily lives. Is that knife sharp enough to cut me? Is my child safe with the babysitter? Are there cars coming, or can I cross the street? Most of these decisions can be made automatically, instinctually without…
What is risk assessment and why is it important

What is risk assessment and why is it important?

Lots of activities in life are risky. Everything from driving to investing in a startup involves some form of risk, but as the saying goes: No pain, no gain. The trick is learning to mitigate - or manage - these risks to reduce the chances of…
What does cyberservices really mean?

What does cyberservices really mean?

When you want to take the safety of your networks into your own hands, you need to look for "cyberservices". But what does that actually mean? Expectations can ruin relationships and set you up for failure, but knowing what to expect can let…
Why PT is so important for your business

Why PT is so important for your business

Why penetration testing is so important for your business The vast majority of businesses with any sort of online presence or electronic network are waking up to the urgency of maintaining security in cyberspace. Abilities developed by hackers…
Different kinds of PT

Different kinds of PT

All the kinds of pen testing you should know about If you're here, you're probably turning your attention to your company's cybersecurity. Welcome, and good job - you're doing the right thing. Cybersecurity is a major issue for every business…
What is penetration testing?

What is penetration testing?

Who knows more about security than those who are able to breach it? The thief who gets the jewel from the museum must have utilized some flaw in the security system that no one recognized before and the hacker that steals data or plants a virus…
From creeping worms to costly viruses: The evolution of cybersecurity

From creeping worms to costly viruses: The evolution of cybersecurity

As with every other major technology developed by mankind, it didn't take us long to demonstrate how the digital world could be used for nefarious means. Cyberspace was conceived of as a sort of utopian, open, free space for instant global communication…
HOW WE AT GRSEE INCREASE YOUR SECURITY

Simply put: How we at GRSee increase your security

Running a business means focusing on growth. You want to bring your products and services to as many people as possible because you believe in what you do; you want to increase profits to hire more workers and expand operations, so you invest…

How to Avoid These Five PCI-DSS Pitfalls

Kudos to you for taking credit card data security seriously! You're likely feeling good about taking that big step to properly secure your customer's credit card data by becoming PCI DSS accredited. And you should! However, did you know that…

Why Do I need to be ISO 27001 Certified?

Have you been thinking about having your organization ISO 27001 certified but not sure if it's really "worth the hassle?" For those less familiar with ISO 27001: 2013, it is the global information security standard that delineates the best practices…
Your company is going international. What about your cybersecurity? A WORTHWHILE RESOLUTION FOR 2019

A Worthwhile Resolution for 2019

New Year's Resolutions. We all have them. They often sound something like this: “This year I'm going to eat less, exercise more, and be a better spouse/parent/employee/person…" and the list goes on. Sometimes we follow through for a week,…
Your company is going international. What about your cybersecurity?

Your company is going international. What about your cybersecurity?

If your company is approaching new markets overseas, cybersecurity should be a primary concern. Regulatory environments, compliance, and privacy laws differ significantly from country to country and protecting your data, as well as that of your…
Preparing for the GDPR: What You Need to Know

Preparing for the GDPR: What You Need to Know

The GDPR becomes law in May of 2018. If your company does business with any EU citizen or entity, you need to be prepared for this new law, which is designed to protect and strengthen the privacy for all individuals residing in the European…
The GDPR is the Biggest Thing since SOX

The GDPR is the Biggest Thing since SOX

To those of you who have been dealing with data governance and compliance issues since the Sarbanes-Oxley Act (SOX) appeared on the scene in 2002 – are you having flashbacks yet? Once again, we are facing new, exceedingly strict regulations…
5 simple steps for gdpr compliance

5 simple steps for GDPR compliance

As the GDPR deadline of May 25, 2018 creeps closer, our thoughts turn to compliance and how to achieve it without losing any (more) hair in the process. If you have been putting off making the necessary adjustments to your data security,…
PCI DSS Myths

PCI DSS Myths

Myth: Only large companies required and can undergo PCI DSS certification Fact: Incorrect. PCI DSS applies to all entities involved in payment card processing including merchants and other entities that store, process and/or transmit cardholder…
7 Benefits of PCI DSS compliance

7 Benefits of PCI DSS compliance

That Will Energize You to Comply with The Standard The Payment Card Industry Data Security Standard (PCI DSS) is a standard that comes up as an answer from card issuing banks and branded card networks (i.e. Visa, MasterCard, Discover, American…
PCI DSS Compliance

Key Success Factors

This is Why Scoping, Segmentation & Tokenization Are the Key Success Factors Towards PCI DSS Compliance So, what are the reasons organizations fail PCI Audit? In December 2013, credit and debit card data breaching that happened to an American…