What are the 3 most important ways you can increase the the cyber security in your small business.
These tools are easy to implement and cost effective ways that you can increase the cyber resilience in your business and protect your data and your business.
Cyber Security 4 Small Business is a set of resources to help small business owners understand the Cyber Threat and be able to defend their network is the most cost effective way possible.
We believe that 95% of Cyber Security and Cyber Resilience can be achieved through good systems administration and good processes.
Cybersecurity is important for small businesses for many reasons and if you’re looking for the best ways to increase yours, this episode is for you. Today, we’re talking about the 3 things that you can do that are really cost-effective to increase cybersecurity in your business.
Why do most business owners have a weak cybersecurity system?
Small businesses may lack effective cybersecurity systems for many reasons but mainly because they either don’t understand the risk there is or they’ve gone out to an IT company for help but found it too expensive to maintain.
Ideally, unless you need specific types of security in your business, we do not recommend hiring a cybersecurity specialist company. These companies have the tendency to have very expensive services and their services might not even be what you need.
What you should be thinking of at this point should be security first, security last, and security always.
The 2 Components of Increasing Cyber-Resilience
1. Decreasing the risk of hacking
2. Minimize the impact of a hacking event
The 3 Things You Can Do to Increase Your Cybersecurity
1. Training staff around cybersecurity
Facilitate training sessions for your staff to learn about the different kinds of cybersecurity attacks, especially the most common ones like phishing emails and compromised business emails. Your staff should be vigilant in spotting red flags on emails they receive and knowledgeable about business processes, especially for the payment of funds. These training sessions can be done periodically to ensure that they are constantly following protocol to avoid these events.
2. Setup multifactor authentication
There are still people today who use passwords that aren’t that strong and are very easy to guess. The problem with this is that there is a list of the most commonly used passwords on the internet and it makes it easy to access any account using it.
Aside from encouraging your staff to use more complex passwords, adding multifactor authentication will protect your accounts from hackers and you will be notified when someone tries to get into your account.
3. Have a good, robust backup system
Backups are very important for any kind of business, especially when you fall victim to a cybersecurity attack. You can never be too complacent about backing your data up because if your backup doesn’t work, you can’t restore anything.
Don’t be too dependent on the auto-save and auto-backup features of cloud-based software and schedule regular backups to ensure that you will always have the data you need at all times. You also need to consider your RTO and RPO, because the longer you go without your data, the more business you’re going to lose.
Aside from these three, there are plenty of other ways for you to increase your cyber-resilience and it’s only a matter of understanding what the risks could be so you can plan well.
It’s time for you to take cybersecurity seriously. Reach out to us if you have any questions or concerns and we’ll be happy to help!