The advent of technology and the internet resulted in multiple business innovations. However, it also leads to cyber-attacks. Four in ten businesses and a quarter of charities report having experienced cyber security breaches or attacks in the last 12 months.
With big companies like Uber, Crypto.com, Medibank, and a host of others experiencing data breaches in 2022, what are the odds that your business will be spared when cybercriminals go on a cyber-attack or hacking spree?
In today’s digital age, cybersecurity is a paramount concern for businesses of all sizes. The threat of cyberattacks looms large, and it’s crucial to take proactive measures to safeguard your business against hackers. Here are four essential ways to protect your business from cyber threats.
Implement these 5 tips to protect your business from marauding hackers:
1. Change Your Passwords Often
Many devices, including phones and laptops, come with default passwords. It is your job to customise this password. When doing so, ensure you consider password strength. Don’t just use any phrase that comes to mind, especially your name, date of birth, the names of your kids, etc.
Remember, password strength is more than entering multiple numbers, case-sensitive characters, and random symbols. That is the first line of defence. Also, don’t only consider changing your password; change your username too.
Do you use a Mac system for business operations? Changing password on Mac is as easy as a hot knife cutting through butter. The same goes for other types of systems. Ensure you use a password that is strong and easy to remember. It may be hard to think of a password that matches this description, but it’s worth the time.
2. Secure Customer Data
Based on McAfee Security, out of 500 mid-sized American companies reviewed, 45% thought their business wasn’t valuable enough to be considered by hackers. The real question is, how many of these companies store customer data on their system?
If a hacker strikes and customer data is stolen, the consequences can be dire for you and your business’s reputation. You could be faced with lawsuits and many data breach compensation claims. So, always try to ensure that customer data is encrypted. If it’s financial data, consider outsourcing your business’s eCommerce to PayPal and Google Checkout, they are pretty secure.
3. Restrict Access and Block Irrelevant Websites
Want to reduce your chances of being hacked? Or do you want to reduce the chances of cyber-attack on your business? If so, restrict access to some online information while ensuring that only the required users have access to specific data.
It would be best if you also considered blocking websites from being viewed to reduce the chances of corrupting your business’s network with viruses and spyware-carrying websites. So, ensure you block needless websites. Plus, continually update your antivirus software should it be called to action.
4. Keep Your Eyes Peeled for Spyware
Were you sent a file? Check it for viruses and other malicious software. Did you recently install software? Check it as well.
Check all that comes through your business’s front door. You should also update your anti-virus and anti-spyware programs. Doing so is simple. It doesn’t take much of your time.
In addition to checking files for viruses and malicious software, ensure you install a network firewall to keep hackers at bay. By monitoring the incoming and outgoing network traffic, you can determine if there are any threats entering your business’s system.
A single hack can cause your business money. It can also damage your business’s reputation. While you consider implanting these tips, you may also want to consider outsourcing your IT, especially if you are a small business lacking IT personnel skilled in IT security.
In today’s digital landscape, the threat of cyberattacks is ever-present, and the consequences of a breach can be devastating for businesses. Taking proactive steps to protect your business against hackers is not just a best practice; it’s a necessity. Strengthen your passwords, educate your team, keep software updated, and invest in robust security solutions to fortify your defenses. By prioritising cybersecurity, you can reduce the risk of falling victim to cyber threats and safeguard your business’s future.
Remember that cybersecurity is an ongoing process, and staying ahead of hackers requires continuous effort and adaptation. By implementing these strategies, you can significantly enhance your business’s resilience against cyberattacks and protect your valuable data and assets.