It is not without reason that almost 50% of German SMEs plan to invest in data and information security in the next two years. Cybercrime causes immense economic damage every year. Data theft, industrial espionage and sabotage caused damage to the German economy of almost 110 billion euros in the last two years .
Tips for SMEs:
Implement a data classification policy : Companies should establish classifications under which company data can be classified. The different classifications are subject to rules on how this data should be handled and who has access to it, when and for what purpose.
Establish an Acceptable Use Policy that explains what practices are tolerable within the company: According to IT Governance, 4 out of 5 data breaches occur due to human error. Acceptable use policies about how employees can use a company's data and devices help reduce this threat.
Use cyber security software and take out cyber risk insurance : Cyber security software can ward off cyber attacks. However, if an attack does occur, cyber risk insurance will protect you from the economic damage. The right combination of the two elements leads to maximum protection for companies.
Technology trends should drive strategic decisions in German SMEs
With new emerging technologies and trends, it is becoming increasingly important for brazil telegram data companies to put technology at the center of their strategic planning. It will no longer be enough to simply consider technology as an important factor in planning. New technologies should boost processes and strategies and play a decisive role.
In only 17% of German SMEs, technology trends drive strategic planning.
Other countries are setting a good example here. In our neighbouring country France, 29% of strategic decisions are driven by technology trends, in Spain the figure is as high as 35% and in the USA an impressive 37%.
In addition to using the technology trends mentioned above, it will be crucial for German SMEs to change their mindset and culture in relation to technology. A changed corporate culture that thinks data-driven, is open to new technologies, puts them at the forefront of planning, and deals with issues such as data security and cybercrime is at least as important as the use of software. Successful use of technology always consists of the components of corporate culture and software.