As a small business owner, you may think you are “too small” to be the target of cybercrime because you aren’t a large, multimillion-dollar company. However, this couldn’t be further from the truth.
Although the media mainly focuses on attacks on big businesses, small businesses are low-hanging fruit for cybercriminals.
Cybercriminals know that small businesses are less likely to have strong security measures in place, making it easier for them to breach their data. In this blog post, you’ll learn the steps you can take to protect your business from the claws of cybercriminals.
Follow these cyber incident prevention best practices
While there is no single silver bullet for preventing all incidents, there are some best practices that can help you reduce the risk of falling victim to a cyberattack.
- Ensure your cybersecurity policy supports remote work
When implementing a cybersecurity policy supporting remote work, consider the following:
- How will employees access company resources off-site?
- What security measures should be put in place to protect company data?
- How will remote employees collaborate and share data?
Additionally, you should identify any support mechanisms to help employees struggling to adjust to remote work. By taking these factors into account, you can create a cybersecurity policy that is productive, seamless, and secure.
- Provide cybersecurity awareness training for employees
Implementing a security awareness training program for employees is critical in today's digital age. As a responsible business executive, you must strive to ensure that the program is comprehensive, engaging, and adaptable to new threats.
- Deploy software patches
Threats to your network security are becoming more prevalent as technology advances. That's why it's critical to keep your software up to date with the latest security patches.
There are two different ways to keep your software up to date. One way is to set your software to update automatically while the other is to manually check for updates on a regular basis.
- Have active antivirus and antimalware protection
There are numerous antivirus and antimalware solutions in the market, so select one that is appropriate for your company. When doing so, you'll have to consider the size of your company, the type of data you need to safeguard and your budget.
Once you've decided on a solution, make sure you follow through with it. This includes installing it on all your company's computers and keeping it updated.
- Implement multifactor authentication (MFA)
Multifactor authentication is a security measure that requires users to provide more than one form of identification when accessing data, thus reducing the chances of unauthorized data access. This can include something that the user knows (like a password), something that the user has (like a security token) or something that the user is (like a fingerprint).
- Use a virtual private network (VPN)
A virtual private network encrypts your company's data and allows you to control who has access to it. This can help prevent data breaches and keep your company's information safe. However, make sure to choose a reputable provider that offers robust security features.
- Deploy single-sign-on (SSO) and password management
A single sign-on solution can make your users’ login process easier by allowing them to log in once to a central system and then access all the other applications and systems they require. This can make the login process more efficient for them.
In addition to SSO, a password management solution simplifies the user login process by allowing them to manage their passwords more securely and efficiently.
- Encrypt your data
Data encryption is the process of converting information into a code that can only be deciphered by someone who has the key to decrypt it. It is done to prevent unauthorized individuals from accessing the information. Data encryption is a critical tool in cybersecurity since it can help reduce the exposure of your data to risks and ensure compliance with data privacy regulations.
- Have backup and disaster recovery solutions
It is critical to have backup and disaster recovery solutions in place in case of system failure or data loss. Make sure to research the different options and find the best solution for your company. To ensure that your backup and disaster recovery solutions are working correctly, test them on a regular basis.
Collaborate for success
If you’re a small business owner, you may not have the time or expertise to implement effective cyber incident prevention best practices. However, by partnering with us, you can leverage our experience to build a digital fortress around your business. Contact us today to find out how we can help you protect your business against potential cyberthreats.
In addition, click here to download our infographic titled "Is Your Business Prepared for a Cyber Incident?" for a deeper dive into the concept. It looks at cyber incidents in small businesses and offers lessons for others from their response.