Considering constraints like restricted resources and limited understanding of cybersecurity, it is quite obvious for many small business & startup founders to feel vulnerable to hackers and cybercriminals. Recent reports suggest that that at least one out of ten small businesses have suffered cyberattacks and security breaches. From getting IP cameras hacked, to ransomware and Trojan attacks, hackers seem to be a step ahead of businesses. If you are worried about cybersecurity, we recommend that you consider some of these steps listed below.
- Watch how data is stored. Many companies do not have a fair idea of the data they are collecting, or how this data is being stored. Make sure that if you are doing enough for data protection in the first place.
- Take backups. Only when you lose data that hasn’t been backed up, you have more reasons to worry. Schedule backup of critical data and ensure that your business is a step ahead in protecting networked devices.
- Place all networked devices behind firewalls. That’s another step to consider, especially for devices connected to the network, is to use firewalls. Additionally, you can also consider using network segmentation, so that compromises are limited to one subnetwork.
- Multi-factor authentication may be necessary. For privilege account users and devices that store critical information, multi-factor authentication is a must. This may include adding a security question, asking for a pin or onetime password.
- Software and firmware updates must be installed immediately. Ensure that all firmware, software, apps, and operating systems are updated to the latest versions, so that security issues are fixed without a cybercriminal exploiting the same.
- Look for an advanced spam filter. Phishing remains the biggest concern for small businesses, considering that most malware downloads and attacks happen through phishing emails. Consider using an advanced spam filter for your devices.
- Train your people. Ensure that your employees are aware of serious cybersecurity concerns, ways to manage these concerns and threats, and also their roles and responsibilities in ensuring security of data and devices.
Finally, ensure that all password protection measures are in place. Default details must be changed immediately, and passwords must be strong, long and unique. Ask your employees to use a password manager, so that they don’t have a hard time keeping track of many passwords. Also, do create an incident response strategy, which should outline action following a security breach.