Avoid Data Breach

While businesses are increasingly aware of the many dangers that cyber-attacks can present to their company, it seems that they still aren’t entirely sure how to deal with data loss or breaches. The majority of modern businesses workings are dealt with online, and if a malware attack or other bugs enter their network, they can be left completely crippled.

You can minimize the risk of a data breach and ensure your company is well equipped to deal with the fallout by follow a few simple steps:

  1. Understand the Threats – Be proactive and make sure that you and your employees understand the risks they face. Identifying the most sensitive and important data in your network so that you can devise a plan to back it up before an attack occurs.
  2. Protect Yourself – Making sure that adequate security measures are in place in case of an attack is crucial.
  3. Keep Updated – Meet regularly with your board of directors, your company’s CEO, and your I.T. security team to keep everyone updated on potential security and online threats. This is a good way to ensure that everyone is on the same page and that all parties are prepared for a potential breach.
  4. Test Yourself – The best way to determine how ready you are for an attack is a drill.
  5. Train Your Staff – Reduce employee mistakes and negligence in the handling of sensitive information with regular training and awareness programs. This can help to prevent any careless errors such as opening an e-mail containing data-destroying malware.
  6. Security Team – Select a security leader and apoint an expert staff to be ready todeal with incident response. Should your company fall victim to an online threat, having a unified team to deal with the issue will ensure a quick response.

Multi-million Dollar Loss for Uber

Following its last 3 months of 2016 and the financial loss of 991 million dollars, this recent quarter has resulted on a 702 million dollar loss and the departure of Gautam Gupta, their Finance Head. He is only the latest of executive to depart the company.

Uber has lost their Head of Communication and President among multiple other top level executives and has suffered its fair share of scandals involving sexual harassment and the Department of Justice looking into recent allegations of Uber undermining and trying to thwart authorities trying  to determine if they comply with regulations.

This is all negative news for the company, but at the moment they are siting safe with approximately 7.2 billion dollars saved up. It is up to Uber to improve their culture, management and leadership in its field and try to avoid acting or conducting themselves in ways that could lead to more lawsuits and allegations against them.