‍Cybersecurity is essential to protect e-commerce websites from scams, hackers, and other cybersecurity threats. Whether it’s a small business or an enterprise-level operation, all business owners need to ensure their enterprises use sufficient security measures to prevent data breaches and can respond effectively to a successful security breach. While e-commerce businesses face significant inherent risks, best cybersecurity practices can mitigate and remediate many security issues.

Manufacturing companies currently exist in a period of rapid change deemed the Fourth Industrial Revolution. Driven by technological innovation, this era represents unparalleled productivity and potential that includes not only multi-million dollar international industry leaders but also small and medium-sized businesses. This is because many implicated technologies do not require a significant financial investment.

Businesses of all sizes have leveraged the power of social media to increase brand awareness and connect with consumers, both locally and globally. However, the rapid growth of social media use has left businesses unaware of the many cyber risks associated with social media. While some individuals or businesses may be familiar with common cyberspace security issues, businesses must understand social media’s impact on cybersecurity on both a personal and consumer level.

Third-party software security risks are on the rise, and so are the significant cyberattacks they facilitate. According to a CrowdStrike report, 45% of surveyed organizations said they experienced at least one software supply chain attack in 2021. In 2023, the average number of SaaS apps used by each company is 130 - a 5x increase compared to 2021.

Healthcare is one of the most targeted sectors due to the large amounts of valuable patient data, medical records, and protected health information (PHI) that institutions handle. Additionally, the healthcare sector and its service providers are notoriously slow at adopting new technology, making them particularly vulnerable to external cyber attacks.

When choosing a supplier to partner with, organizations need to perform their due diligence and assess the cyber risks associated with each particular supplier using risk assessment evaluations. Part of the supplier lifecycle management process includes ensuring that these third parties are meeting minimum security requirements, maintaining strong cybersecurity programs, and adhering to all relevant compliance regulations.

Building a cyber-resilient organization requires more than implementing the best cybersecurity practices. Cybersecurity must be woven into the culture of the organization from the top down. Because 95% of data breaches result from human error, creating a cybersecurity culture can significantly cut down on security breaches by emphasizing the importance of cybersecurity. Cybersecurity is only as strong as its weakest link.