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The differentiator between businesses that succeed and excel and those that struggle with growth has become how well they use technology. A study by global consulting firm Deloitte on small businesses found that those that were digitally advanced greatly outpaced their less advanced peers.

Viruses, cloud account breaches, and ransomware attacks have begun topping the list of things that keep business owners and CEOs up at night. Those IT security worries are taking the place of things like supply chain disruption and increased competition.

There are a few devastating incidents that can cause a company to go out of business if they don’t have the right safety net. For example, a natural disaster can cause irreparable harm to your office building and everything inside, and if you don’t have insurance coverage, it could be impossible to recover.

Companies that want to avoid falling victim to a cyberattack make an effort to train their employees in phishing identification. Phishing remains the main delivery method for all types of malware, and it directly targets human error.

User login credentials have become a major target for cybercriminals and state-sponsored hacking organizations. Most businesses use the cloud for data storage and vital communications, like email, and hackers go where the data is.