As companies run to online platforms because of the effects of Covid19 to their businesses. It is also important for them to know the risks as they enter the online platforms. Some will enter without considering the security of their systems which gives loopholes to hackers. At the end of it all they end up loosing more than what they would have lost in their offline businesses. Online platform is the best platform to do business but we also need to take cautions of the threats around it.
Companies ought to make sure that they have good security measures for their systems to reduce the number of attacks. From statistics we see that each year the number of cyber attacks keeps rising, in 2020 it would even be worse because most companies went to the online business platforms without knowing the risks of it.It would be costly to put security measures in your system but it would be more costlier to leave your system exposed to the possibility of being attacked.