"We want our customers to have their cake and eat it have the infrastructure refresh that protects their business, whilst not having that initial capital outlay that may put pressure on the company purse strings." However, these projects are often vital for long-term efficiency and economic growth, by delaying such projects to achieve short-term aims this often has an adverse impact on businesses and can leave businesses vulnerable." The first thing that businesses often relinquish at times of economic uncertainty are significant capital projects. "The decline in Sterling and the uncertainty around the future economic plans of the country is undoubtedly causing huge concern.
In the past month we have seen a range of companies being targeted by cyber criminals such as Uber, Rockstar Games and even social media giant TikTok being targeted which has had serious impacts on the respective businesses." Continues, Phil Baker. "Cyber criminals are becoming more and more sophisticated with their attacks and having lines of defence in place should the worst happen is of vital importance. With an estimated 10,000 attempted or successful cyber attacks every day, the risk to businesses is extremely high, an issue that business leaders should have at the top of their risk management agenda.
Businesses in both private and public sectors all over the globe need to be protected against cyber criminals looking for opportunities to exploit businesses."Ĭyber-attacks can have devastating consequences for businesses, an attack doesn't just leave companies infrastructure vulnerable, but it can have costly repercussions affecting not only a business financially, but reputationally too.
"Organisations are increasingly exposed staff are continuing to work from home, the volume of threats on a network are increasing, business continuity plans are sitting untouched and untested, and software is often subject to poor patching policies or left to go out-of-support. Business Leaders shouldn’t compromise Cyber Security in the wake of economic uncertainty” - Pictured Left to Right: Justin Taylor, David Uwagboe, Mark Savin''Ĭyber security is one capital project that business owners cannot afford to leave to one side" warns, Phil Baker, Head of Commercial Finance, Synapse360.
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