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28-Nov-2020 By - team

Is cybersecurity attainable for a small business?

It's easy to feel overwhelmed with cybersecurity. However, due to the ever-changing nature of the cyber threat landscape, companies are responsible for maintaining security and guarding themselves from being hacked. In light of this, the following are some basic cybersecurity pointers that can help you protect yourself from cyber dangers and stay safe online.

Companies frequently have the misconception that they are too tiny or unimportant to be a target for hackers, even though cybercriminals might target any company. When companies conduct activities such as sending or receiving payments online, utilising email or maintaining customer information electronically, they leave a digital footprint that can lead cybercriminals straight to their front door. Cybercriminals can use the information they obtain to steal identities, disrupt operations, sell commercial information, or lock up the firm's data until the organisation pays a ransom. All of these activities can be accomplished with the information they obtain.

Update regularly

Keep every connection, operating system, and application up to date with patches and enhancements. Implementing software and system security updates quickly limits possible exposure to vulnerabilities. Make regular password updates mandatory and teach users how to create and remember strong passwords.

Be Cyber-Smart!
  • Think twice before clicking on links or opening attachments. ...
  • Verify requests for private information. ...
  • Protect your passwords. ...
  • Protect your stuff! ...
  • Keep your devices, browsers, and apps up to date. ...
Top Cybersecurity Tips
  • Keep software up-to-date. ...
  • Avoid opening suspicious emails. ...
  • Keep hardware up-to-date. ...
  • Use a secure file-sharing solution. ...
  • Use anti-virus and anti-malware. ...
  • Use a VPN to privatize your connections. ...
  • Check links before you click. ...
  • Don't be lazy with your passwords!
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Cyber Security Tips for Small Business Owners

Develop a backup strategy for your data

If you run a small business, your data loss might have catastrophic consequences. You should always have a plan B ready in case your primary plan fails. This will save you not just time and money, but it might possibly save your job. So, where do we even begin? For the time being, you should focus on asking yourself straightforward questions such as, 

  • “What type of backup do I need?” When a calamity happens, you need to determine if your company needs to recover, sustain, or restore the services it provides to customers. This will assist you in deciding whether it is necessary for you to store your data locally, on the cloud, or in a hybrid combination of the two.
  • What exactly is it that has to be backed up? To put it succinctly, everything. Or, at the very least, the most important of your data. There are three primary varieties of backups: full, incremental, and differential. The type of backup you use will depend on the amount of time and storage space you have available.
  • What are you trying to defend yourself against? If you are only concerned about the files on your computer, it is unnecessary to back up the entire picture. If, however, the issue affects the entirety of your system, you will need to broaden your perspective.
  • Where do I stand with regard to my Recovery Time Objective (RTO)? That is, how long can you go without access to your data in the case of a crisis before your company starts to suffer?

 

The first step in determining which tactic is most effective for you is to answer questions like these and other similar ones. Getting your mind around the process might be challenging, but fortunately, many companies that provide IT services can provide you with the direction you require.

Control who has access to your information

The fact of the matter is that personnel is prone to making errors. For this reason, it is essential to educate and mould them. Everyone who works with you ought to be aware of the company’s safety protocols and get consistent updates on those programmes. Reminding your personnel of fundamental security practices, such as switching to passphrases from passwords wherever possible.

If you own a small company, you probably already know that letting employees use their own electronics while on the job is easier. Implementing mobile security solutions and products for network access control (NAC) is critical, despite the fact that this is potentially a brilliant concept. They will be able to safely access the business VPN as well as their email from their own personal laptop or mobile device, which will prevent your entire IT infrastructure from being compromised.

You should be aware of business espionage, even if it may be the last thing you anticipate to happen. A lot of people have a lot to gain from the knowledge you provide, despite the fact that this is a sensitive topic. Controlling who may access what information is necessary if you want to protect yourself from both outsiders and those working within your organisation.

Today, we are extremely reliant on our mobile devices, which has led to an increase in the number of attackers that target these devices as potential entry points. A personal identification number (PIN), a password, or one of several biometric choices (such as a fingerprint or facial recognition), are some of the simplest methods to help safeguard your device. The second significant factor is application security, which refers to the process through which app stores often examine programmes for potentially unsafe behaviours. However, not all applications are created equal; you need to be sure that the version of the programme you download is the official one.

Even while most current smartphones and operating systems have data encryption as a regular feature, there is still a possibility that this encryption will not protect certain information. Make it a priority to determine what is encrypted and what is not. Additionally, use caution when using services that claim to “find my device.” If you forget, turning on your smartphone’s location services implies that other people might also see you. This may sound contentious, but it’s important to keep in mind. If you do this, you will, however, increase the likelihood that you will be able to recover your phone in the event that it is ever lost, stolen, or misplaced. There is potential for gain, but also potential for loss.

Consider using passphrases instead of passwords.

Because many of us use the minimal amount of characters required for a password and frequently reuse passwords across various websites, the security of passwords is becoming more compromised. These passwords are either highly difficult to remember but can be cracked with relative ease, or they are extremely easy to remember but can be cracked with much greater ease. Instead of using passphrases, the approach is to employ hash tables and length requirements.

Every password has its own distinct hash, and when passwords are cracked using a hash table (a massive list of previously broken passwords), the tool that cracks passwords compares the hash on the list with the hash of the password it is trying to break. It’s possible for a hash table to include millions or even billions of character strings that are compared to your password. You drastically reduce the likelihood of someone figuring out your password if you make it longer and give it more characters.

Implement a Security Policy

Maintain a security policy (although the majority of small firms don’t), and make full use of the capabilities of your Threat Prevention equipment. Invest some time in careful consideration of the applications that will be run on your network as well as the applications that will not be operated on your network. Provide your staff with training on the appropriate ways to utilise the corporate network. Put an end to the speculation. Then you should be as strict as possible with it.

Conduct employee security training so that workers know the need to avoid keeping passwords on their devices, disclosing passwords via email or instant messaging, and using their own personal devices while on the job.

Do not allow harmful programmes such as Bit Torrent or other Peer-to-Peer file-sharing applications, which frequently deliver harmful software, and consider about social media while designing policies and excessive bandwidth utilisation.

Denial of Service (DOS)

Denial of service attacks is yet another prevalent form of cybercrime that may be carried out with relative ease. DOS operates by overwhelming a computer with requests to incorrect websites, which either causes the device’s connection to be disrupted or causes the machine to shut down permanently. Even while this form of assault does not put the client’s data in danger, it can result in wasted work time, lost data or projects, and additional expenditures to replace machines.

Protecting against denial of service (DOS) assaults can be aided by using firewalls and routers that are well maintained and regularly updated. It is also a good idea to learn how your Internet Service Provider can handle denial of service (DOS) assaults and to have a backup Internet Service Provider ready just in case. To ensure the security of your computers and networks, certain Internet service providers (ISPs) will be able to spread the fake traffic over many networks and servers.

Some of the most important aspects of any cybersecurity policy include training and education, continuous monitoring, and regular software updates. Ensure that your company is addressing these concerns head-on so that you can safeguard not just your company but also your employees and your consumers.

Be socially aware

The success rate of cybercriminals’ attacks may be improved by gathering information on their targets on social networking websites, which are a gold mine for those wanting to do so. Collecting personal information about individuals is the first step in every type of cyberattack, including phishing, spearphishing, and social engineering.

Instruct your team members to exercise extreme caution before posting content to any social media platform, including their own personal accounts. Inform users that hackers construct false employee accounts in order to improve the success of their phishing and social engineering attacks. This will help users avoid falling victim to these attacks.

In order to safeguard employees’ private information and ensure that their personal information is kept private, social networking sites should provide employees with training on how to adjust their privacy settings. Users should exercise caution when sharing information online because it is possible for hackers to guess security responses (such as the name of your dog) in order to reset passwords and gain access to online accounts. Users should exercise caution when sharing information online because it is possible for hackers to guess security responses.

Regarding social media, spearfishing is the most significant threat to users’ privacy and safety. In addition, it is not a sport; instead, it is a con. It consists of an email being sent to you that makes it appear as though it came from a company or someone you know personally. It will frequently be extremely personalised, addressed to you with your job, firm, work phone number, and maybe additional information that is specific to you and your workplace. These emails may either coerce you into opening a malicious URL or attachment, or they will ask you for your login credentials and financial information.

However, where do these con artists receive all of this information? The vast majority of the time, via social networking websites such as LinkedIn, Facebook, and Twitter. Because of this, you should never post private or confidential information about your company or yourself on these networks. If you want to strengthen your defences, you should ensure that your employees receive consistent training and invest in high-quality software solutions that can identify phishing emails.

Cloud Software Security

Make a plan for managing passwords

There is a possibility that you will never have to deal with cyber terrorism. But the fact of the matter is that it does exist, and not even tiny firms are entirely secure from it. Weak passwords are responsible for 76 percent of all security breaches, making this a particularly important problem.

The question now is, what measures can you take to protect yourself from the risks? The solution to this problem is simple: just come up with a trustworthy system for managing passwords. You almost certainly have a significant number of accounts and make use of a variety of services, and each one of those calls for a unique password. This is common practise across all types and sizes of businesses. In a setting like this, the utilisation of password management software is an absolute requirement. It does more than just preserve your passwords; in addition to that, it also creates secure passwords for you to use on all of the websites you use, whether they are personal or professional.

Despite the fact that password software offers a high level of protection, you should still exercise caution. In 2015, a hacker gained access to LastPass and exposed users’ emails along with their encrypted master passwords. Therefore, before selecting your programme, you should research and ask around.

Use Password Protection Software

Tools like Bitwarden and LastPass make it possible for the management of your company to directly exchange passwords with members of the team while also ensuring that the passwords are not being carelessly distributed around the team members. It is best practise to prevent employees from becoming aware of passwords unless there is a compelling need to do so.

Update your software and back up your data

Currently, dozens of programmes and pieces of software are available, all of which were created by people and evaluated by others. This indicates that there is a possibility that not all programmes are devoid of bugs. Therefore, it is important to update your software regularly since cybercriminals focus their attention on ageing browsers and devices without the latest patches. Bringing your programme up to date with the most recent version will make it less likely that it will be abused.

When you start your workday and open your laptop, one of the most annoying things that may happen to you is to receive a notice that reads, “All of your data belongs to us.” This is one of the things that can happen. Unfortunately, the only choice available is to reinstall the operating system after formatting the whole hard drive. All of your work and data may have been deleted due to this. Take regular backups of your files to avoid experiencing such a frustrating day.

Double up with two-factor authentication

You probably make use of cloud services, given that you run a small business. You are also aware that passwords alone do not provide enough protection against all threats. Because of this, it is important to utilise the strength of two-factor authentication (2FA).

When employees are spread out over several different sites, it can be difficult to monitor their engagement in the numerous programmes that are being offered. Logging into an online account can now include a second layer of security known as two-factor authentication, which can be enabled by the user if they so want. Because your staff use a variety of software, which might increase the danger of your account being hacked, this can assist mitigate that risk.

How does 2FA function? It is a two-step verification process, which means that in addition to a login and password, a user-accessible piece of information—such as a code sent to their mobile phone—is also required. It’s a two-factor authentication mechanism, in other words. Hackers will have more difficulty gaining access to critical information due to this additional degree of protection.

The simple solution is that most cloud services and social networking sites offer a two-factor authentication option. Because it isn’t usually turned on by default, you must figure out how to activate this feature. Do not be concerned that this additional step will need a lot of your time or will be difficult to complete. It’s a simple precaution that may provide significant peace of mind.

Two-factor authentication necessitates either the use of multiple passwords or the verification of identification through the use of a second piece of hardware or software in order to get access. Make it such that the essential software and online platforms can only be accessed by employees who are directly connected to the case. You will always have the power to grant and revoke access if you are using a platform that enables the sharing of passwords. If you are using this type of platform, you may also share passwords.

Defend your Wi-Fi

Skipping this one is not difficult at all. However, if you do have a Wi-Fi network, you must take the necessary precautions to ensure that it is safe, encrypted, and concealed. If this does not occur, you will be giving hackers access to your network, allowing them to access corporate data, internet accounts, and private information.

Do you remember what ultimately transpired with Jared Hayne? At a high school in the area, his lecture was taken over by students who displayed obscene material on the projector screen. Everyone thought it came from Hayne’s computer, but the truth was that his computer had been hacked. That is but one illustration among many.

Therefore, what steps can you take to improve the security of your wireless network? You can easily protect your router by doing some basic steps such as changing the default administrator password, configuring it to utilise WPA2 encryption, maintaining an updated firmware version, utilising a robust passphrase, and physically securing it.

Get your data ensured

There are instances when it is just impossible to prevent a catastrophe from taking place. However, you can definitely get yourself ready for one. Because a significant portion of the corporate sector has shifted online, it should not be surprising that the need for cyber insurance is growing.

This provides an additional safety precaution for locally owned and operated companies. Simply put, an increased sense of calm in preparation for when things go wrong. You may be able to obtain protection for your company against a variety of risks, including those related to data liability, business disruptions, the cost of ransomware, and more, depending on the insurer you choose and the policy you purchase.

Consider the dangers that might befall your data before choosing the quantity of cyber insurance coverage you require. What would take place in the event that there was a breach in the security? How long can your company be shut down before it starts losing money? Do your customers require access to your services around the clock? To put it another way, the higher the stakes, the more important it is to have insurance.

Make your CMS bulletproof

Regardless of the Content Management System (CMS) that you employ, cybercriminals can find covert methods to analyse system vulnerabilities and break into your computer network. In addition to this, the good news is that there are solutions available for making your CMS as secure as is physically possible. The following are some fundamental considerations that should be kept in mind:

  • Get rid of the login on the front end. The front-end login is the target of several attacks against CMS systems. What is the answer? Those that require access to your content management system should be able to log in through the back-end admin page.
  • It is best not to use the system administrator as the default user. It is extremely common for users to log in with the username “admin,” which is also the default setting. You can increase your level of protection by coming up with a unique identifier for yourself as an alternative.
  • Cover up the directory that’s labelled “wp-includes.” If you are using WordPress to power your website, the ‘wp-includes’ folder will most likely be viewable by everyone who navigates to your domain. This suggests that it is now in a state where it can be hacked, as it has reached this position. You can get around this limitation by including a fake copy of the “index.html” file within the folder.
  • Watch out for optional extras. While plugins, themes, and add-ons are natural aspects of the content management system (CMS) experience, not all are secure. Some people may have the ability to access the backdoor of your CMS. Doing some research before adding anything is the most effective approach to get around this problem.
  • Keeping your systems up to date, reviewing your data regularly, and utilising software to guard against spam are some more options to consider.

Ensure Autofill is Not Used

Your degree of security will rise if you disable autofill passwords since this will ensure that browsers will not remember passwords regardless of whether or not they are used with a password-sharing site. Hackers will have a more challenging time obtaining login information as a result of this.

Cyberthreats are an issue not just for large enterprises and governments but also for small businesses, who might be targets of these threats. According to the findings of specific studies, around 22 percent of small firms have been the victims of cyberattacks. According to a survey that the Better Business Bureau carried out, around 11 percent of these incidents occurred during the past year.

Although preventing assaults on your company should be a top priority, the reality is that many business owners lack the knowledge necessary to do it effectively.

A solid cybersecurity framework is required for organisations to be able to function safely in an online environment. As a result of the increased sophistication of cybercriminals, the dangers are growing, and organisations must stay up or face the consequences. When they collaborate with the proper partner, small companies have a better chance of developing a realistic and cost-effective plan to protect the company.

 

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