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Key Takeaways Why digital access has become an overlooked vulnerability that can cripple a business just as quickly as cash flow problems.
The practical steps every founder should take now to protect their company from lockouts, losses, and preventable digital failures.
Cash flow problems have long been cited as the biggest challenge for entrepreneurs, and the most likely reason why a company could go out of business. While the risks associated with cash flow management certainly aren’t going away, today’s founders need to prepare for an equally important risk: losing digital access.
Losing digital access can ultimately prove just as devastating to your business as running out of money, keeping you from being able to access important files or manage standard business operations. This is especially true with the ever-growing number of digital resources entrepreneurs rely on to keep their business running in the first place.
By understanding key digital access risks and planning accordingly, you can protect your business just as well as if you improved your cash flow management.
Related: Why Are Cybercriminals Going After Smaller Targets?
Fortify your cybersecurity efforts
Cybercriminals understand just how important digital access is for most businesses — and how easy a target it can be. Ransomware attacks often try to lock entrepreneurs out of their devices, software or files, requiring a hefty ransom payment to regain access.
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