When you own a business, you have to be aware of who your competition is and who is going to give you a run for your money in the marketplace. No matter what industry you’re in, there will be times when your competition will get the best of you, as well as times when you get the best of them. However, your company does everything it can to abide by a code of ethics and to protect your customers’ sensitive information. Your competition may attempt to steal information from you, but they’re not the only ones who might attempt to extract passwords, logins, and other valuable data. At Shadow IT Group, our cyber security services can help you protect that private data and information, and in this post, we’ll look at some examples of those who might seek to steal from and exploit your company.

Your Competition

As we stated above, your competition wants to get the best of you, and you hope that they’ll abide by the same business ethics that you do. However, in the off-chance that one of them engages in corporate espionage and attempts to steal your data, it’s important to have the right cyber security protocols in place.

Ex-Employees

When you hire someone, you may have had them sign a non-disclosure agreement that stated that they would not share any trade secrets, intellectual property, or sensitive data while they were both employed and after they no longer worked for your company following a resignation or termination. In the instances of termination, it’s important to make sure that no ex-employees still have access to any personal data that they could use to harm your business.

Current Employees

You trust your employees, but it’s still good to have safeguards that protect against customer information being leaked by current members of your staff. An employee might see a weakness and choose to exploit it, or they may be approached by your competition with a deal that involves divulging sensitive data.

Corporate Hackers

There are many people out there who would like to profit from your customers’ information, and whether that means stealing passwords or medical records, their goal is to take advantage of whatever they can find. Corporate hackers often only require the smallest vulnerability to slip into your network, steal data, and seriously damage your company’s reputation, finances, and more.

Foreign Entities

If your company works on government projects, or you have financial information for thousands of people, then a foreign entity could seek to extract that data from your network. Bank passwords, credit card numbers, and other confidential information could be very useful, and even the slightest lapse in your security could yield catastrophic results.

Keeping your customers’ information protected should be your number one priority at all times, and at Shadow IT Group, we’re here to help you do that. If you’re looking for cyber security companies who can create a custom plan for your company, then please contact us today. We have the knowledge and experience necessary to assist you.

We look forward to hearing from you!