7 WAYS TO REDUCE CYBERSECURITY RISK FOR YOUR BUSINESS

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Sat 25 March 2023:

With every year that passes, the number of businesses that suffer from cyber attacks only seems to increase. Shockingly, according to Cybint Solutions, this was the case for 64% of companies worldwide just last year. The COVID-19 pandemic has added fuel to the fire, with 20% of organizations reporting incidents caused by remote workers, as stated by Malwarebytes. Even more concerning, however, is that 77% of businesses still don’t have an incident response plan in place. But all is not lost, and there are steps that both individuals and organizations can take to better protect themselves against cyber attacks. In the following paragraphs, we’ll outline a few ways to reduce the risk of being a cyber attack victim.

1. RESTRICT DATA TRANSFER

The rise of remote working has resulted in the transfer of business data from official devices to external or personal devices, which can make it vulnerable to cyberattacks. As much as such a move may seem convenient, cybercriminals could easily access sensitive data, putting a company’s reputation and finances at risk. To safeguard company information, it’s crucial to partner with an experienced cybersecurity provider that can identify vulnerable endpoints and offer a better strategy for securing them. By doing so, companies can ensure that their remote workers can continue to access and transfer sensitive data in a safe and secure manner.

2. CHECK PASSWORD STRENGTH

With the increasing number of hacks and security breaches, it has become more vital than ever to take proactive measures to protect our sensitive information. According to recent reports, compromised usernames and passwords account for a staggering 63% of all organizational internal data breaches. There are reliable password managers available that can help us generate and store secure attacks to protect against potential. By adopting these measures, we can minimize the risk of data breaches and ensure the safety of our personal and professional information.

3. SECURE NETWORKS AND DATABASES

Cybercriminals are like persistent predators searching for any opportunity to access confidential information, so it’s essential that you take the necessary steps to protect yourself. To stay safe online, set up firewalls and encrypt your data as well as hide your Wi-Fi network behind a strong password. When organizing databases, be judicious about what info is stored there – while convenient for centralizing data points, storing especially sensitive details can leave you vulnerable if not handled properly.

One of the ways businesses protect is to use VeePN. With VPN for business, companies can encrypt their data, thereby ensuring that even in the event of data leaks, they will not pose a threat. There is already a question on the topic of business security for a VeePN expert, and here is his response. Finally, make sure your company’s data is backed up on a regular basis to minimize the impact of a potential cyber attack.

4. TRACK DATA LEAKS

Data leaks can be incredibly damaging for a company, but it’s important to recognize that these incidents don’t just happen out of nowhere. From sharing confidential information with vendors who are not equipped to handle the security risks appropriately, to storing data on unsafe devices, or transmitting over unprotected Wi-Fi – there are various factors at play here and they should all be taken into consideration if you want your business assets secure. Though we now have cybersecurity experts who can identify existing threats before they become an issue and take steps to protect against even more severe ones in the future. Investing in their services is paramount when ensuring the safety of proprietary data within businesses today!

5. EDUCATE EMPLOYEES

Protecting confidential information is a must for responsible employers, but sometimes it can be difficult to know where to start. Establishing clear policies regarding acceptable employee practices and restricting administrative access are invaluable steps toward safeguarding the company from malicious viruses and software downloads. Strengthening these efforts can have an immense impact on keeping sensitive data secure – empowering both employees and employers alike!

As a team, we have an obligation to ensure our colleague’s and customers’ personal information remains secure and protected, and everyone plays a pivotal role in achieving this goal. You should also check which apps remote workers are using. For example, if they need to know how to bypass internet restrictions, think about it ahead of time and come up with a solution. It is important to make sure that all employees are aware of cybersecurity risks and can work with them properly.

6. FORM SECURITY POLICIES

Establishing security policies and practices is crucial in safeguarding sensitive information that could compromise your business. These policies should include guidelines for accessing company devices and networks, consequences for policy violations, and procedures for reporting and addressing any security breaches. It’s also essential to control physical access to company devices and dispose of them properly. When disposing of devices like cell phones or laptops, it’s critical to reset them back to their factory settings to prevent sensitive company information from being accessed by cybercriminals. 

7. BACK UP YOUR DATA

The importance of securing your business’s data can’t be overstated – regular backups are essential for safeguarding all your crucial files and websites. With a diversified backup system in place, you’ll have the peace of mind that even if cyber threats strike, you’re covered with multiple methods to restore important information quickly. Taking some time out now to establish reliable daily incremental backup protocols ensures easy recovery at any point – whether it’s server storage weekly or portable devices monthly – make data safety part of your routine for worry-free operations down the road!

Conclusion

Data security is a major concern for businesses of all sizes and industries. With proper policies, processes, and technologies in place, you can keep your company data secure and protect it from potential cyber threats. Start by implementing adequate authentication procedures to restrict access to only authorized personnel, then educate employees on the importance of data security measures. Establishing a comprehensive staff guide can ensure that your business and its data are secure.

This article was originally published in Technology.Org

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