Data security and privacy is one of the biggest risks for businesses today. However, it rarely gets the attention it deserves. Unfortunately, we often see that businesses do not have a proper cyber security plan or controls in place. While it may not seem necessary most of the time, all it takes is one incident for a business to be catastrophically impacted.
According to IBM, the average cost of a data breach in 2025 is $4.4 million. Sound scary? It is! Here are three signs that your business data is at risk.
1. You don't have someone responsible for information security
Every business, no matter how small, should choose someone to be responsible for information security. This could be an employee or a third-party company (such as FGM Technology Services). Ideally, this should be in writing somewhere, such as an information security policy.
The actual scope of this person's role can vary according to the business' size, budget, and needs. It may be as simple as knowing who to contact if a cyber security incident occurs. Not every business can afford the most comprehensive security systems or controls, and that's okay. The most important thing is that someone is responsible for information security and owns it.
2. You don't have an incident response plan or data backups
Every business should have an incident response plan and data backups. If you don't, please contact us now.
The incident response plan doesn't need to be especially detailed or comprehensive. As mentioned in the last section, it could be as simple as specifying who to contact (hint: FGM Technology Services) in the event of a cyber security incident.
Data backups are critical for recovery from a cyber security incident. With proper data backups, your organization can save a ton of time and money in the event they are needed. Please trust us, you'll sleep better at night knowing that your data is backed up and safe.
3. You don't partner with FGM Technology Services
We should have put this one first. If you don't partner with us at FGM Technology Services, then you're missing out! Not only will we help protect your data, but we will do it in an affordable way that doesn't break your budget. We don't try to up-sell you for the sake of profit. We understand that every business is different, and sometimes a simple approach to information security is better.
Give us a call or shoot us an email. Let's have a conversation and see if a partnership makes sense for you.
