A limited or non-existent budget for cyber security can hinder a business’s ability to invest in essential security measures, increasing vulnerability to threats.
A lack of awareness about cyber security best practices can lead employees to unintentionally increase the likelihood of breaches.
Reliance on outdated systems exposes businesses to vulnerabilities due to missing patches and protections.
Unpreparedness results in delayed reactions to cyberattacks, leading to downtime, losses, and reputational damage.
Breaches in supplier or partner systems can compromise sensitive business data.
Data privacy issues can lead to non-compliance fines and loss of customer trust.