If you are planning to launch a startup business which essentially requires customers’ data for its development and sustainability, then IT security should be on your list of priorities. There is no denying to that fact that, investing in a security infrastructure during the nascent stage of the business can be a big weight to carry. But at the same time, the cost of doing nothing surpasses all other costs that you may incur. According to a report furnished by Ponemon Institute, an average size data breach costs roughly $4.4 million. And this is backed up by the fact cyber criminals always look for weak targets; small businesses that are low on security but still hold valuable customer data.
Being new to the field of corporate business, you may not know where to begin to ensure that you are protected against cyber threats. So, to help you get started, we have compiled these 5 essential security tips for startups.