As technology continues to evolve, the online world becomes more and more dangerous. After all, cyber attacks keep evolving as well and have become more common and more sophisticated than ever.
As you might imagine, companies of all shapes and sizes are potential targets. But why is that? Well, every bit of sensitive data, whether it concerns a company or their customers and clients, is worth a lot on the black market. Therefore, cybercriminals won’t hesitate to breach your security, steal your data and sell it off to someone.
Ensuring data safety is of the utmost importance, but many companies don’t invest enough into adequate security measures and efficient practices, which is why they often fall victim to data breaches. With that in mind, here are a few ways you can efficiently secure your company’s private data.
Even though a lot of people don’t really trust security software companies, no one can deny the fact that some of these products are effective at keeping your data safe. Many companies, small ones in particular, don’t really invest in proper security measures. After all, who would want to target small businesses, right?
Believe it or not, 43% of all cyberattacks target small businesses. Since SMBs don’t consider themselves targets, the owners usually think that they don’t need any security software or other cybersecurity measures.
Another chilling statistic is that 60% of small businesses never recover from a data breach. If you want to protect your business data from such attacks, you’ll simply have to invest in proper security measures. Security software, such as anti-viruses and anti-malware, generally comes with a built-in firewall. Some are more effective than firewalls provided by your operating system.
Protect your accounts
When it comes to business accounts, people tend to be very easygoing, even though they are aware of potential risks. More precisely, they tend to use weak passwords. Why? Because it’s simply more convenient than actually remembering strong ones and changing them at regular intervals.
And that’s where the danger comes in – the weaker the password, the easier it is to crack it, especially with brute force attacks. People commonly use weak passwords, such as “1234”, “qwerty” and, incredibly enough, even “password”.
To make matters worse, people tend to use the same password for multiple accounts, such as email log-in, social media, and even payment platforms. One breach can create a domino effect that can jeopardize someone’s entire online presence as well as financial and business security.
To remedy that problem, you will have to upgrade. You must, and that “must” can’t be emphasized enough, use strong passwords, as well as additional layers of security, such as multi-factor authentication (MFA), to protect your business accounts and thus your company’s private data.
Implement a SWG
Today, many companies rely on cloud services for everyday business operations, tasks, and data transfers. Cloud is simply an essential aspect of doing business in almost any company. One of its major benefits is that you can access company data from any location and any device in the world.
Aside from using cloud services, many companies encourage the bring-your-own-device (BYOD) trend to motivate employees. That’s all well and fine for the company’s overall performance and productivity, but it also exposes your company’s network to some major vulnerabilities. Different devices accessing your network from various locations is a disaster waiting to happen.
That’s why implementing a reliable and secure web gateway (SWG) should be a priority. A SWG will prevent employees from accessing malicious website traffic on the world wide web or the cloud and thus prevent your internal network from being compromised. In addition, a SWG will ensure that any device accessing your network is compliant with your company’s security policies.
If you’re wondering why data breaches are so successful, you should know that 60% of data breaches were made possible due to an internal leak. Often, these incidents are unintentional; in rare cases, someone (a dissatisfied employee, for example) creates a weakness on purpose.
So, educating employees about cyber threats and possible attacks is vital for protecting your company’s data. The most common way employees unintentionally give hackers access to your data is by falling for an email phishing scam.
Proper education is, therefore, vital. If employees are more aware of potential threats, they are less likely to fall for a scam. As for intentional breaches from within a company, you can protect your data by implementing strict policies that will define who can access, alter, modify or share data within your company.
Cybersecurity is a growing concern for every company that operates in the online world. Everyone wants their data secured, but very few want to do something serious about it. Today, it’s not about whether or not a cyberattack will happen, it’s about when will it happen, and will you be ready for it.
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