Not having network security today is equivalent to going without any insurance with a million risks over your head.
The importance of network security in any organization goes up a notch when you see a list of everything companies face in threats each year. Wired compiled a list on the first day of 2016, giving everyone a huge wake up call.
Being exposed to any of these can lead to disastrous circumstances going beyond just the technical. It's time you did an audit of your ISP if you're still blind to various abuse realities in your online community.
Especially if you have open forums where people share ideas, not having network security could make you vulnerable to things going beyond the obvious.
The Technical Risks
Even if you've only heard about things like DDoS (Distributed Denial of Service) attacks, you need to know about what they can do to you technologically. With Kaspersky reporting 26% of DDoS attacks create massive data losses you can't recover from, you can see what you're potentially facing.
When you permanently lose critical data, it could easily set off a cascade effect of other things. For one, it could bring a huge wave of compliance violations from the federal government. As a result, you could end up with significant fines eating into any profits you made for the year.
Don't discount the possibility either of having to invest in new infrastructure because the data loss damaged existing equipment. This could place you in financial jeopardy as well since you may not have the capital expenditures immediately available to invest in new technology.
The Risks to Your Customers
Many network security analysts note that careless or uninformed employees can bring on major security risks. Having this happen reflects directly on your customers who depend on your employees to keep them safe.
On an ISP, this could include your abuse team who don't have the proper resources available to combat abuse against your loyal users. When abuse continues without help, it's only going to frustrate users to a point where they could leave.
The same goes if you have critical customer data you're responsible for keeping safe. Creating a lack of trust immediately sets off a string of potential reputation issues when word gets out how careless you were.
Dealing With a Loss of Reputation
It's already been noted how hacks in companies can ruin reputations. Sometimes it's more than just compromising private customer data. Other times it's just due to the media picking up on the story and making you look incompetent.
Consider how much all corporate hacks (like Sony Entertainment) over the last few years hurt the national view of how these companies operate. Without network security in your own ISP, you could potentially lose interactive users because they know you're too complacent on the potential risks.
You could face worse problems if the media reports you still haven't done anything to prevent further attacks.
Finding Protection For Service And Hosting Providers
Trying to manage service and hosting providers against abuse becomes the biggest minefield if ignoring proper network security. Maybe you've waited to add extra security because you thought it would become too expensive or too complicated for moderators to use.
With AbuseHQ, you get a platform that's easy to use and helps scope out real and important abuse cases for more efficient moderating.
If you are ready to take your network security to a new level, click here to start a Free 30-Day Trial of AbuseHQ.