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Cybersecurity
    Added on 03 June 2023

    How to Protect Your Small Business from Cyber Attacks

    03 June 2023

    Most businesses only consider cybersecurity after being the victim of an attack. It's more common than you would believe, and it can wreak havoc on businesses of any size.


    Cybersecurity threats grow in tandem with technological development. The need for cyber security measures among enterprises of all sizes is growing. Therefore, you can't put cybersecurity off any longer and should prioritize it.  


    If you had planned, you might have prevented problems like hacking your website or having private data taken. Learn how to protect oneself in the event of an assault and prevent one from happening in the first place.


    What is a Cyber Attack?

    An unauthorized effort to disclose, delete, or get access to your data is what's known as a cyberattack. According to the survey from Hiscox, over half of all small companies had been the target of at least one cyberattack during the previous year.


    Here are three common types of cyberattacks:


    • Malware, short for "malicious software," may take the shape of a virus, Trojan horse, or worm and operates contrary to the user's intentions.
    • Ransomware is malware that encrypts files and then blackmails you to get them back or prevent their release.
    • Phishing is sending phony emails or messages that seem to be from a reputable source, such as your bank or credit card provider. It often requests that you open a file or click on a link to collect personal data like your login details or credit card number.
    • Phishing is sending phony emails or messages that seem to be from a reputable source, such as your bank or credit card provider. It often requests that you open a file or click on a link to collect personal data like your login details or credit card number.
    • Man-in-the-middle attacks can happen in places with free public Wi-Fi hot spots since hackers can set up fake Wi-Fi links with names that sound like a nearby businesses.



    Why Should Cybersecurity Be Your Top Priority?

    In the past 10 years, there has been a steady rise in the number of hacker attacks against small firms. While 18.5% of small business owners claimed to have experienced a cyber attack the previous year, approximately 60% said they didn't think it would ever happen to them.


    The FBI also noted an exponential increase in cybercrime due to the epidemic. It's easy to dismiss the numbers until they directly affect you. According to IBM's research, carelessness is the primary cause of data leaks in 63% of instances.


    Criminals target small firms because they know they are easier targets. Investing time and money today to safeguard your business will save you both in the long run.


    Tip to Secure Your Small Business from Cyberattacks

    Do a security audit of your company and create a plan

    Conducting an exhaustive security audit should be the first thing you do to strengthen your organization's cybersecurity. A review has to be done of the precautions already in place and a list of the most sensitive data.


    Check to see if any activities can be completed quickly, such as installing a security plugin or frequently scheduled scans.


    Have strict access


    Secure all entry points by assigning appropriate responsibilities to employees, implementing multi-factor authentication, and monitoring access. The "need to know" principle should be used as the foundation for information security.


    Passwords should be configured to expire after a specific time so that workers are compelled to replace them. Also, suggest that employees use a password generator to develop secure passwords.


    Stay updated and backed up


    For a good reason, the software is constantly being updated. Not only is software improving, but it is also detecting and correcting security flaws. Maintain the most recent versions of your WordPress website and any other programs you use. Otherwise, hackers may exploit holes you haven't patched yet.


    Constantly and thoroughly backing up your data is also a must with backup software. It keeps your data safe from threats like ransomware and prevents unnecessary downtime.


    Cyberattacks on small enterprises are particularly dangerous. Companies, workers, and consumers all require safeguards, especially in the modern era of remote work.


    Examine your company's security measures in light of what you've learned about the most common types of cybercrime. You should update your access points and institute a security training program. Constantly update your software and save backups of your data.



    Update your software


    Antivirus and antispyware programs are a must-have for every serious company. It is much better if there are firewalls and data encryption. However, threats evolve rapidly, and cyber criminals seek machines and networks without up-to-date security software.


    If you have no regular IT employees, you might be at higher risk. Keep up with security updates as a key priority, or hire a firm that focuses on cybersecurity for small businesses.


    Learn to distinguish between real and fake security deals.


    Educate your staff on recognizing bogus antivirus warnings and have them report any suspicious activity to IT immediately. If a member of staff's computer is infected with a virus, your firm should have a plan for what to do. Malware is malicious software that steals data by infiltrating computers via insidious means, including the World Wide Web, social media, email, attachments, and downloads.


    For instance, malware that logs keystrokes can record everything the user inputs on the keyboard. Cybercriminals could gain access to bank accounts, consumer information, passwords, and other sensitive company data. Ensure your security software is always up to date to prevent malware from infiltrating your system and networks.


    Final thoughts

    With the prevalence of hacking incidents expected to rise, small companies and their staff must prioritize cybersecurity measures. The risk may be reduced by using appropriate programs, guidelines, and practices. You'll be ready to defend yourself and your loved ones in an assault.


    AUTHOR:

    Jennysis Lajom is an IT graduate, a chemist, an eCommerce business owner, and a Korean drama fan. Her passion for digital marketing led her to a career in graphic design, editing, and social media marketing. She is also one of the resident SEO writers from Softvire, a leading IT  distributor in Sydney. Follow her at Softvire Online Software Store now!


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