The Cost of Ignoring Security Upgrades for Your Business

The Cost of Ignoring Security Upgrades for Your Business

Updates can be an annoyance. They often interrupt services, and it feels like there’s a new update every time you turn your system on. However, the short-term inconvenience is far outweighed by the potential problems if you ignore updates. Read on to find out why updates are so important, and the consequences of avoiding them.

Data breaches

Criminals use known vulnerabilities to gain access to your information or disrupt your business, and most data breaches happen on systems that are not up to date. Updates solve these known weak points, making it less likely that someone could break into your system. Data breaches could give hackers access to your finances, video surveillance, customer information, smart lighting and anything else on your system. You have a responsibility to your customers to keep their information safe, and that includes protecting it from hackers.

Ransom

Once hackers gain access to your system, they can lock you out or steal information and threaten to release it unless you pay a ransom. This could cost you large sums of money, loss of customer trust and damage to your reputation. Updating your system makes it less likely that hackers can gain this access.

Bugs

Updates fix errors in the system. By ignoring an update, you choose to continually experience bugs, even if they have been fixed by the manufacturer. Left unsolved, bugs could potentially lead to lost data, system crashes or any number of other glitches. Even things like a slow-running computer could potentially be fixed by installing the latest update.

Loss of compatibility

Your system is likely to be made of many different programs and devices communicating with each other. This relies on each software being up to date, and older versions of software may not work well with new ones. These issues will only get worse over time, decreasing the functionality of your system more and more. Consistent updating across the board ensures that systems work together smoothly.

Missing new features

Every update brings new features designed to make your life easier. These might be behind-the-scenes changes to improve the functionality of your system, or they may be visible changes that allow you to do new things. Either way, it is unwise to miss out on these features just for the sake of not having to restart a device.

Insurance

Your insurance company is less likely to cover any damages if you have not done everything that you can to protect your system. Ignoring security updates could potentially leave you with huge losses and no support from your insurance company. To fulfil your side of your insurance contracts, you should keep every part of your system up to date.

Find your security solutions

To protect your business, you need a tailored security system. Our experts at Selectron can help you figure out the best way to protect your business, then provide it and help you install it. We also provide residential security solutions. Call +1 441 236 4181 or contact us to speak to a consultant.


At Selectron our solutions help you meet the increased challenges of today’s security and surveillance, enabling you to improve safety by reducing and preventing security breaches and accidents. Find out more about us >>

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