Protecting Your Business from a Cyber Attack

In today’s cybersecurity landscape, businesses of all sizes in all industries are potential targets for cybercriminals. Some cybercriminals even target vulnerable networks, not for monetary gain, but just because they can. Needless to say, cybercrime isn’t going anywhere anytime soon. Plus, if you work in an industry with compliance requirements, expect to pay hefty fines if sensitive data is ever exposed. It’s always a good idea to stay vigilant by educating employees to be aware of opening doors to cybercriminals. But what are some of the other strategies that you as a business owner can implement to stay protected? Here are five fundamental steps to get you started.

Maximize Physical Security

When protecting yourself from cyber threats, it can be easy to forget the physical side of things. We too often see data breaches that occur due to stolen equipment. If you can’t ensure the physical security of your infrastructure, not even the latest software can save you from intrusion. Make sure your devices are all secured with complex passwords. In addition, installing tracking software on your devices to locate them if they’re stolen can go along way to getting your equipment back if it is stolen.

Implement Encryption

In the event that your devices fall into the wrong hands, effective data encryption can make the data on your device useless to cybercriminals. Encrypting files and all of your sensitive business data like customer information, employee records, and financial details is a critical part of staying protected. If devices are stolen and you can’t get them back, you won’t have to worry about your data being used against you.

Consider Insurance

If you work in an industry that’s particularly at risk for cyber attacks, you may want to consider purchasing cybersecurity insurance. Considering the fact that the average cost of a data breach event was $3.6 million in 2017, the initial cost can quickly pay for itself if cybercriminals should ever penetrate your network.

Dynamic Passwords

Lists of the most common password are all over the internet by now. Just like you don’t consider locking and unlocking your house an inconvenience, don’t regard your computer and network passwords as one either. While more dynamic passwords may take longer to enter, they can save you in the long run by drastically reducing the risk of unauthorized entry. Consider implementing a policy across your organization that passwords must be changed on a frequent basis to protect from latent threats.

Stay Up on Antivirus and Firewall Software

You probably already understand the importance of installing antivirus and firewall software on your network and individual computers. However, are you staying on top of the maintenance side of things? As cyber threats are continually evolving, antivirus and firewall software needs to be regularly patched, updated, and upgraded to remain effective. Don’t forget about renewing your licenses as needed, either.

Want to learn more about how a Managed Security Service Provider can do more to maximize your network security? Contact the experts at ANC today, and you’ll see.