Techcess: embracing technology and IT support for success in your business

Hi, this is Mark Riddell, host of the Techcess podcast.

We talk about cyber criminals and cyber security on this podcast a lot. But in this episode we're actually going to list the industries most valuable to attack. If you work in any of them, you'll need to send the episode to your boss to listen to, asap!

As I recently spoke at a Cyber Lunch and Learn event, a question caught my attention: Do cybercriminals target all businesses equally? The answer is no, and in this episode, we'll explore the industries most vulnerable to cybercrime.

However, there's one industry on the list that may not apply to our listeners, yet it's still a shocker given the level of expertise and the value of the data within that industry!

But before we dig into the details, let's start with a quick introduction.

Cybersecurity is a subject we've covered extensively on this podcast, and for good reason - it's the number one threat facing businesses today.

In the midst of a global digital transformation, where technology is advancing and businesses are moving towards the cloud, AI, blockchain, and Web 3.0, the possibilities seem limitless.

However, with these advancements come vulnerabilities, and cybercrime is on the rise year after year.

In fact, the pandemic and the shift to remote work have only accelerated cyberattacks.

With employees working from home or public spaces, securing an IT estate has become more complex than ever. Unfortunately, cybersecurity remains an underinvested area for many businesses—most don't even have a dedicated cybersecurity budget.

This podcast aims to shed light on this critical issue and encourage businesses to take proactive measures.

Now, it's important to note that cyber criminals don't target only big tech giants and government agencies. Small and medium-sized businesses are equally at risk and often fall victim to cyberattacks.

The consequences are not limited to immediate financial loss but can also entail long-term damage to a company's brand, loss of customer trust, potential legal costs, and the high expenses associated with recovery.

In this episode I'll be revealing the percentage of cyber attacks that target small businesses, and how many of those businesses that suffer an attack go out of business within six months.

The impact may not be immediate, but the implications on cash flow, sales, and customer loyalty can deal a devastating blow.

You'll definitely want to listen in as we get into the top five industries most affected by cybercrime in the UK.

Whether you're in these industries or not, this episode will provide valuable insights to help you safeguard your business.

• Does cybercrime affect all industries equally?
• The significance of cyber security in all businesses.
• The impact of global digital transformation and technological advancements.
• The double-edged sword of technology, with limitless possibilities and vulnerabilities.
• Why we're not mentioning industries least affected by cybercrime!
• Some statistics around cyberattacks on small businesses.

00:00:00 Top 5 industries affected by cybercrime 00:04:09 Cybersecurity overlooked: Businesses lack budget and awareness. 00:07:38 Cybersecurity: Can you outrun the bear? 00:11:35 Anthem cyberattack: stats and numbers. 00:15:56 Cyberattacks on manufacturing - the impacts.

Book a free chat with Mark!

Have you checked out our episode offering a complete guide to buying IT services in 2023 yet? It comes with a free downloadable buyer's guide.

Check it out here.

Want to get more 'Techcess' in your business?

Get more valuable technology insights from m3's blog pages, here.

Mark Riddell's technology podcast "Techcess" is an m3 Networks production. Mark and the team have created this podcast to help you and their cli...

Cyber criminals are getting smarter.

This recent malware threat is unusually smart.

It impersonates a highly trusted brand name to get a foot in the door.

Targets receive a convincing looking email that appears to come from a widely used e-signature platform.

Listen to this latest Tech Update to find out more!

If you want to check out our full episodes, covering everything from how to protect your business from a phishing attack, through to how you can effectively manage your patching systems, check them out here - https://www.techcesspodcast.com/episodes/

Want to get more 'Techcess' in your business?

Book a free chat with Mark!

Get more valuable technology insights from m3's blog pages, here.

Lots of us take our health seriously – once a year, anyway – and it’s good to spend time thinking about whether you’ve been looking after yourself (and better still, doing something about it).

Your doctor would probably like to see you once a year for a health check, just to pick up any small problems and stop them getting worse.

It’s exactly the same principle with your technology.

Listen to this latest Tech Update to find out more!

If you want to check out our full episodes, covering everything from how to protect your business from a phishing attack, through to how you can effectively manage your patching systems, check them out here - https://www.techcesspodcast.com/episodes/

Want to get more 'Techcess' in your business?

Book a free chat with Mark!

Get more valuable technology insights from m3's blog pages, here.

A new study has revealed that a host of worrying online behaviour has become almost normalised among many young people. And much of this activity is illegal.

We’re not talking serious cyber crime such as ransomware attacks or stealing data.

Listen to this latest Tech Update to find out more!

If you want to check out our full episodes, covering everything from how to protect your business from a phishing attack, through to how you can effectively manage your patching systems, check them out here - https://www.techcesspodcast.com/episodes/

Want to get more 'Techcess' in your business?

Book a free chat with Mark!

Get more valuable technology insights from m3's blog pages, here.

You always hope that when you hire someone to manage your cyber security and wider technology requirements for you, you can trust them.

You can relax knowing they'll carry out what's required with your best interests at front of mind.

But what if you're not in regular contact with them?

Can you be certain that your chosen provider is doing everything they can, to keep your business protected and running smoothly?

(If your business doesn't have good I.T. support, it can feel as sick as the dog in this vet's office!)

The cyber security and Information Technology (I.T.) industry is constantly developing, with new threats and risks emerging all the time.

It's important that you're always updated on those changes so your cyber security provider can ensure they have a complete understanding of what arrangements are in place to protect your business from cyber attacks or other vulnerabilities.

With some providers feeling it's sufficient just to renew their contract every year as long as you've been given an update around key issues such as software updates for example, this could mean crucial safety measures being missed out which leaves you vulnerable!

In addition, if there were any additions or amendments required following these conversations, how would anyone know?

This is why m3 Networks address this issue with their own clients in a very intentional way, which Mark Riddell will explain in the episode.

Bear this in mind.

With no documentation kept about any specific requirements agreed upon between both parties means potential cyber vulnerabilities can go undetected.

It's vital that cyber security providers regularly review arrangements to ensure they're still effective at protecting businesses from the latest cyber risks facing businesses today.

Also, there could be changes in legislation which could also have an impact on how you run your business.

(When was the last time your I.T. and cyber security provider got on a call with you? Was it contract renewal time?!)

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Meanwhile, some housekeeping...

Get more valuable technology insights from m3's blog pages, here.

Mark Riddell's technology podcast "Techcess" is an m3 Networks production. Mark and the team have created this podcast to help you and their clients understand how technology can help them in their industry and business, including helping them with cyber security solutions. To find out more about Mark Riddell and the rest of the m3 team, visit them here and follow them on Linkedin.

If you want to get in touch about technology or cyber security, just address an email directly at Mark here. He'll be very happy to hear from you.

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