6 Cybersecurity Mistakes That Put Businesses at Risk

In today’s digital-first economy, technology is a vital part of every business, from small local operations to international corporations. However, the growing reliance on tech also brings significant risks. With over half of global businesses reportedly suffering financial losses of at least $300,000 due to cyberattacks, it’s clear that cybersecurity must be taken seriously. Despite this, many organizations still fall short in their implementation, not because of a lack of awareness but due to a range of common yet critical mistakes. 

One frequent issue is a misalignment between a company’s risk tolerance and its cybersecurity efforts. Many businesses either overestimate or underestimate the level of security they need. Without a clear, shared understanding between executive leaders and IT teams on how much risk is acceptable, businesses may implement overly restrictive controls that disrupt operations or leave gaps that hackers can exploit. It’s essential to strike the right balance by openly discussing risk appetite and making security decisions that support overall business objectives. 

Another major problem is the failure to conduct thorough and regular risk assessments. Some organizations rely too heavily on automated tools, skipping manual checks or human analysis that can identify deeper issues. Effective risk assessment goes beyond just identifying technical vulnerabilities — it must also consider employee behavior, third-party risks, and the potential impact on operations. A comprehensive, ongoing evalu

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