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Cyber Security Awareness Month

According to a study conducted by Accenture, cyber-attacks on small businesses make up 43% of all attacks .  Small businesses are often easy targets for hackers because they don’t have as many advanced security systems as larger companies. In the six months after a cyberattack, 60% of small businesses close, says the US National Cyber Security Alliance.  Hackers can do a lot of damage to your business that often results in losing money, damaging reputations, and/or deleting, stealing, or holding important data for ransom. It’s always important to work with a cyber-security expert on the latest ways to protect yourself. While Victra is not a cyber security firm, you can use these common best practices to help stay safe online:

Best Cyber Security practices:

  • Educate and Train Your Employees:
  • The first line of defense against cyber threats is a well-informed team. Offer regular training sessions about the latest cyber threats and best practices. Ensure they understand the risks of phishing emails, downloading attachments from unknown sources, and visiting suspicious websites.

  • Regularly Update and Patch Software:
  • Cyber attackers often exploit vulnerabilities in outdated software. Regularly update all your software, including your operating system, applications, and antivirus programs. Schedule automatic updates when possible.

  • Backup Data Regularly:
  • Ensure that all your critical business data, including customer information, financial records, and other vital data, is backed up regularly. Use both onsite and offsite backup solutions for added security.

  • Implement Strong Authentication:
  • Go beyond mere passwords. Use multi-factor authentication (MFA) wherever possible. This typically requires users to present two or more pieces of evidence before gaining access to an account.

  • Limit Access:
  • Not all employees need access to all data. Implement the principle of least privilege (PoLP), ensuring that employees only have access to the information they need to perform their duties.

  • Secure Your Wi-Fi Networks:
  • If you offer Wi-Fi, ensure that it is encrypted, hidden, and password protected. Consider setting up a separate network for visitors or customers to keep your business data safe.

  • Install Firewalls and Antivirus Solutions:
  • These are essential first lines of defense against malicious cyber threats. Ensure they are always active and regularly updated.

    The online world might look scary, but business owners can protect their assets in a lot of different ways. Small businesses can feel safe and confident in the digital world by working hard, staying informed, and investing in  the right tools and methods. In the world of cyber security, it’s always better to be safe than sorry.

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