The Invisible Threat: Guarding Your Business Against Cybercrime

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It’s fairly common for small business owners to think that they don’t really need to worry about cybersecurity threats. Hackers want some reward for the risk they’re taking, so they’ll target large, multi-national corporations, right? I wish I could tell you this was true. In fact, small businesses are more of a target for hackers. Smaller companies are generally more lax with their cybersecurity, and are known to be softer targets. Due to this, it’s important to prove the hackers wrong! Here’s some of the best advice for tightening your cybersecurity.

First of all, make sure you’re keeping tight controls on your admin access. Various studies have shown that failing to manage administrator privileges is one of the worst things any business owner can do for their security. Unfortunately though, a lot of small business owners fail to set any limitations on non-admin employees. This is an especially big issue in organizations where employees are allowed to use their own devices. It may be hard to believe that a cyber threat could come from within your own organization. However, this can and does happen, and it’s your job to prevent it. Introduce some strict security policies and mechanisms, especially when it comes to accessing company data from employee’s personal devices.

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Next, make sure you’re layering your security. In an ideal world, you’d only have to fortify your business’s cybersecurity once, and never have to worry about it again. Unfortunately, we don’t live in an ideal world! Cyber security needs to be an ongoing process, rather than a one-off event. To make sure no threats are possible of slipping through the net, you need to set out regular, ongoing tests for how vulnerable your important files are to hackers. Look into getting a powerful tool such as Spyhunter 4, and other specialized security software. These measures will make it easier for you to look for any abnormal traffic, attempted logins from far-off locations, and profile devices. Finally, make sure you’re applying application firewalls to protect external-facing web servers.

Finally, consider getting some cyber insurance. Even when companies take all the precautions the have available, it’s possible for certain threats to slip through the gaps, and cause massive damage to your business. Getting some cyber insurance can help to mitigate the damage caused by hackers and malware. This is an especially important move if you store customer names and addresses, credit card information, and other sensitive data. Before throwing yourself into the market, you need to be aware that cyber insurance isn’t a one-size-fits-all kind of deal. Your revenue and the number of employees you have won’t be used as indicators to decide how much risk your company is at. This is a very young niche in the world of insurance, and it can be hard to tell whether or not you’re getting a good deal. Still, talk with your insurance agent about the options you have, and try to nail down the most cost-effective policy for you.

Guarding your business against cyber threats is tough, but certainly not impossible!

 

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