8 Tips to Improve Cyber security for Your Business

Cyber security

8 Tips to Improve Cyber security for Your Business

The Cyber Security Breaches study by the British Government last year found that 46% of UK enterprises experienced cyber infringements or violations in 2019.  Maintaining your company’s cyber security is vital to minimise risks and prevent the business from being an easy target. This doesn’t necessarily imply that you should spend vast amounts of money, as oftentimes cost-effective solutions are also more efficient. 

Further analysis found that 82% of lost or stolen data could have been avoided if the company pursued a straightforward Internet security plan.  In fact, even the biggest and most advanced online firms such as Microsoft and Facebook can give way to cybercriminal threats. 

Here are some simple policies you can put in place to reduce your exposure to cyber attacks:

1. Learn the fundamentals
Regardless of whether on site or cloud-based, it is important to know how your data is stored. It is vital that an informed person is assigned this responsibility, ideally an outsourced IT provider. Cyber security policies may include the basic elements of firewall management, professional grade anti-virus and anti- malware software. Your iT provider can advise about more advanced cyber defence tactics, or you can find out more here. 

Assess whether your company’s devices are running the most recent debugged software and operating systems. Install updated editions right away if they’re available. Another thing is spam filters, which eliminate 99% of spam and phishing emails from your mailbox, ensuring that your company is protected and that your customers have a better experience. You’ll also need a firewall to control the traffic that enters your network and the websites that your workers visit, stopping them from visiting compromised sites by accident.

2. Implement a company-wide cybersecurity policy
Having a solid policy in place ensures that employees are clear about what is expected of them and how to respond in the event of an attack or breach. Do this by first evaluating your current security systems against what is available on the market bearing in mind that although cost is a consideration, the most expensive choice might not be the best choice for you.  It is critical to have the appropriate people in place to enact and monitor the policy’s implementation. While large firms may employ senior security officers to manage the risk profiler, smaller firms have shown to benefit from outsourcing this function.

3. Set appropriate access levels
Although firewalls prohibit external access, often times internal employees may unintentionally provide it. Data loss prevention policies should effectively ensure that confidential material in emails and documents does not end up in the wrong hands. Security and compliance control for Office 365 users can be handled here. Dissatisfied members of staff can be prevented from accessing and exchanging sensitive material by imposing access limitations.

4. Password Management
It’s critical to create strong, usually complicated passwords as they become far more difficult for hackers to access. In addition to changing passwords frequently for extra protection, businesses should use a system or a password generator tool that requires passwords with a certain complexity (for instance, requiring both capital and lowercase letters, numbers and special characters). Unauthorized access can be thwarted by enforcing a strict password policy that includes not only password strength but also frequent password changes (every three months is ideal). Malware attacks on individual devices can be mitigated to some extent with software, so raising awareness is essential.

If you prefer to assign the role of password protection to an IT service, consider using a password manager. 

5. Train and Educate
Educate your employees about cybersecurity and train them to recognize threats.

Not only will this help mitigate risks, but it will also enhance reaction times in the event of a breach. Regular training sessions and up-to-date policy papers would enable employees to follow the rules. Staff cybersecurity training can be easily implemented through online learning.

6. Have a recovery plan ready
Be ready at all times. Even the most reliable cyber security mechanisms can be breached, so make sure you have a plan in place and verify it. Install early warning systems, such as firewalls and security software, to notify you when anything strange occurs. Business continuity is an undeniable benefit of having a disaster recovery plan, regardless of the circumstances. Taking a strategic approach to business continuity will benefit a corporation in a variety of ways.

7. Keep up to date
You should be thinking about upgrading your computer hardware as part of your effort to increase enterprise cyber security. Outdated equipment and technology can lead to easily exposed vulnerabilities that security patches would not be able to fix. If possible, upgrade your hardware and infrastructure every two to three years to remain current with technical advancements and increase your security.

Allowing frequent software updates is critical for keeping all of your devices up to date with the latest security updates. Auto-updates on your operating system or software packages are usually the way to go. A centralized security update policy ensures that no machines are left vulnerable within an organization.

Bear in mind that when discarding outdated equipment, make sure to dismantle and destroy all data storage (such as hard drives). This covers USBs, DVDs, and CDs, as well as all removable storage. A credible security firm can handle the destruction of these items.

8. Physical security counts too!
Despite the belief that physical security doesn’t apply to cyber security, it is worth noting that access can be given to install Trojan software if someone can get hold of a laptop or desktop. To keep track of who enters the office, limit door access by allocating key fobs. External service providers, such as cleaning and maintenance, are included.

Because the risk of cyber cyber security is constantly changing and evolving, the longer you wait to enforce or improve your cyber security plan, the higher the risk you expose your company to. Even if you only implement a few of these suggestions, get started today because who can tell when a cyber attack will occur? For more information about our cybersecurity solutions, find out more here.