Skip to content
Facebook Twitter LinkedIn YouTube
FTC-I
  • Live Chat
  • Find a location
    near you
  • Call today!
    888-218-5050
  • My Account
  • Residential
  • Business
  • Services
    • Internet
    • Wireless
    • Voice
    • Security
    • Digital TV
    • IT Solutions
  • Promotions
    • Current Promotions
    • Connections Discounts
  • Support & Tools
    • Customer Service
    • How to Read Your Bill
    • FAQ
    • Internet Speed Calculator
    • Internet Speed Test
    • Accessibility
  • News & Blog
    • News & Blog
    • FTC Newsletters
  • About Us 
    • About Us 
    • Locations 
    • Careers 
    • Customer Service 
    • FTC Policy Guidelines 
  • Severe Weather
  • Severe Weather
  • My Account
    • Sign In
    • Pay Online
    • Payment Options
    • Check FTC-i.net Email
    • Manage and Check Voicemail
    • Manage Notify Plus
    • Manage Hosted PBX
    • Manage Conference Calls
    • View Current Wireless Usage
    • watchTVeverywhere
    • ESPN
  • Live Chat
  • Find a location
    near you
  • Call today!
    888-218-5050
  • My Account
Sep
14
2021

7 Reasons It Is Critical to Secure a Business’s Internet Service

The internet has been a huge asset for modern businesses in a wide range of ways. A major benefit is making it possible for companies of all types and sizes to offer their goods and services easily and efficiently to consumers worldwide, all without having to expand their physical footprint.

But in much the same way the internet opens up a world of opportunities to a business, it can also give hackers and fraudsters an inside line into a business and its private information. And as recent news reports have shown, when criminal actors hold a business’s information for ransom or commit other cybercrimes against it, the results can be extremely expensive or even fatal.

When setting up and optimizing their internet service, business owners should be sure to consider these seven reasons to make cybersecurity a major focus:

  1. Cybersecurity protects the business’s data: For many companies, their inside data is among their most important assets. Even smaller enterprises have plenty of valuable information that they would not want to fall into the hands of bad actors with ill intentions. Such sensitive data can range from details on proprietary processes and secret methods, to sales leads, financial data, and marketing materials. By ensuring that strong cybersecurity is implemented, business owners can help protect it all.
  2. Cybersecurity protects consumers’ data: Companies also have a responsibility to safeguard any personal data they have collected regarding their clients. Consumer data leaks can be very costly as the business can be held financially liable when a consumer’s data is compromised and leads to any damages. Among the information that cybercriminals most actively seek are consumers’ financial and payment details, medical data, and Social Security numbers. Robust cybersecurity is one key to protecting this information.
  3. Cybersecurity helps ensure compliance with industry regulations: Some types of businesses are subject to strictly enforced regulatory compliance measures. These are typically businesses that regularly deal with especially sensitive consumer information. Among them, enterprises in the medical field are required to follow HIPAA and HITECH regulations, financial businesses are regulated by SEC and FINRA rules, and many businesses that work with the U.S. government must maintain CMMC compliance. And one common thread among the regulatory requirements: strong cybersecurity.
  4. Cybersecurity helps prevent ransomware and spyware attacks: As recent news headlines demonstrate; today’s cybercriminals are more frequently employing schemes that use ransomware to prevent companies from accessing their own data or that use spyware to covertly obtain a business’s private information. Often the goal is to use the stolen information to leverage money from a company. With strong cybersecurity measures in place, companies can often prevent cybercriminals from ever gaining access to their networks.
  5. Cybersecurity helps ensure high network performance: Computer viruses and malware can substantially slow down a business’s computer network. On the other hand, having too many security and monitoring tools in place can also slow connections. But with the right mix of efficient and functional cybersecurity measures in place to identify security threats and keep them off the network, downtime and lagging can be avoided.
  6. Cybersecurity can eliminate unwanted expenses — According to news reports, nearly half of cyberattacks target small businesses and the average cost of a cyberattack for a company is now $200,000. In addition to the financial costs, cyberattacks can result in a lot of headaches and added work for business owners. But with the right cyber protections in place, businesses can drastically lower the risks of cybercriminals’ attempts to gain network access succeeding.
  7. Cybersecurity can salvage a company’s reputation: Lastly, in addition to the financial and productivity-related costs mentioned above, cyberattacks can also do great harm to a business’s reputation. This, of course, can affect the company’s bottom line moving forward. But by preventing such attacks with robust cybersecurity measures, a business can avoid harmful news stories and protect its reputation.

For small-business owners looking to ensure high levels of network security for their companies, these 10 cybersecurity tips from the FCC offer a great place to start. In addition, the FTC Business blog offers regular cybersecurity-focused articles, including a pair of recent blog posts: “5 Common Cybersecurity Threats to Watch Out for in the Workplace” and “What Is a Managed Firewall and How Does It Benefit a Business?”

Seeking professional-grade cybersecurity services like a managed firewall, advance threat protection and hosted antivirus & spyware for your business? Visit ftc.net/business to explore all of FTC’s cybersecurity offerings, as well as other business-critical services such as Internet, Wireless, Voice and Security. And when you need local, expert IT assistance for your business, help is nearby and easy to reach without the expense of a full-time IT staff. Visit FTC IT Solutions for professional IT help in several tech-related areas, including Managed IT, Cybersecurity, Hosted Services, Point-of-Sale and Hardware Sales.

Recent Posts

  • 5 Steps Businesses Can Take to Prepare for the Upcoming Metaverse Movement
  • 6 Signs a Household Needs More Bandwidth
  • 7 cybersecurity tips for businesses with work-from-home employees
  • 7 Sites That Can Make Kids Excited About Learning
  • 4 of the most common ways hackers steal users’ passwords

Archives

  • June 2022
  • May 2022
  • April 2022
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014

Related Posts

  • 5 Common Cybersecurity Threats to Watch Out for in the Workplace

  • What Is a Managed Firewall and How Does It Benefit a Business?

  • Services
    • Internet
    • Wireless
    • Voice
    • Security
    • Digital TV
    • IT Solutions
  • Promotions
    • Current Promotions
    • Connections Discounts
  • Support & Tools
    • Customer Service
    • How to Read Your Bill
    • FAQ
    • Internet Speed Test
    • Accessibility
  • News & Blog
    • News & Blog
    • Newsletters
  • About Us
    • About Us
    • Locations
    • Careers
    • Customer Service
    • FTC Policy Guidelines 
  • My Account
    • Sign In
    • Pay Online
    • Payment Options
    • Check FTC-I.net Email
    • Manage and Check Voicemail
    • View Current Wireless Usage
    • watchTVeverywhere
    • ESPN

FTC

   

If you have questions about any of the services offered by FTC, please e-mail us at ftc_cs@ftc-i.net or call 888-218-5050. (Call Center – Mon. – Fri., 8 am – 6 pm)

© Farmers Telephone Cooperative. All rights reserved.

  • Services
    • Internet
    • Wireless
    • Voice
    • Security
    • Digital TV
  • Promotions
    • Current Promotions
    • Military Discounts
    • Connections Discounts
  • Support & Tools
    • Customer Service
    • How to Read Your Bill
    • FAQ
    • Internet Speed Calculator
    • Internet Speed Test
    • Accessibility
  • News & Blog
    • News & Blog
    • FTC Newsletters
  • About Us
    • About Us
    • Locations
    • Careers
    • Customer Service
    • FTC Policy Guidelines
  • Severe Weather
  • My Account
    • Sign In
    • Pay Online
    • Payment Options
    • Check FTC-i.net Email
    • Manage and Check Voicemail
    • Manage Notify Plus
    • Manage Hosted PBX
    • Manage Conference Calls
    • View Current Wireless Usage
    • watchTVeverywhere
    • ESPN

Welcome!

Sign up to receive exclusive FTC news and special offers.

Need help? Open Live Chat