It seems that more of our lives are starting to take place online. We use the internet for business, shopping, entertainment, socializing, and so much more. Yet, as we move towards a more virtual world, criminals continue targeting anyone that’s not protected – including small businesses. Small businesses have become an easy target for individuals looking to exploit security vulnerabilities. So what can businesses do to improve their cybersecurity?
In this article, we’ll focus on cyber security, what it is and why it’s important for businesses. We’ll also look at some of the threats facing businesses and how to protect against them. Some of the solutions are to buy residential proxies, implement staff training and enforce strong passwords.
- What is cybersecurity?
- What threats face businesses?
- How to protect against cybersecurity threats?
What Is Cybersecurity?
Cyber security is the multifaceted approach to defending computers, servers, databases, networks, and systems from malicious attacks. If someone gains unauthorized access to your networks and systems, they can wreak havoc, anything from causing damage to your hardware to holding your data ransom or stealing your identity. Cybersecurity efforts aim to minimize these threats by improving security and protective measures, implementing safeguards, and planning a strategy to deal with a cyber breach. Unfortunately, since technology is ever-evolving, there isn’t a single cure-all solution to cyber threats, which is why a multifaceted approach using all the latest technology and information is best.
What Threats Face Businesses?
Small businesses aren’t always aware of the increasing risks from cyber security threats. This makes them an alluring target for hackers and other cybercriminals. Since they either aren’t aware of the looming threat or think they’re too small to be a target, they don’t have the necessary precautions and protection measures in place. Some of the biggest threats to small businesses include the following:
Malware Attacks
These attacks occur from software specifically designed to cause harm to your computer or network. These include viruses, trojans, worms and others. They can be spread through emails, links and even infected devices.
Phishing Attacks
Phishing attacks are the most widespread cyber security threat. In these attacks, the attacker seems trustworthy to get the user to share confidential information, click on links or download malicious content.
Ransomware
During these attacks, the attacker gains access to business networks, systems or data and holds it hostage until the users pay to get it back. Recent statistics have shown that a ransomware attack occurs every 14 seconds.
Insider Threats
Insider threats are another big issue for businesses. In these situations, breaches and leaks occur from within the company, either by employees, associates or other staff. This can be accidental due to negligence or even a malicious attack. A recent study has shown that insider threats cause 43% of data breaches.
How To Protect Against Cybersecurity Threats?
When it comes to cybersecurity, a multifaceted approach is best. Try implementing a few protection measures to ensure your network is fully covered. Some protection measures include:
Data Security Plan
A data security plan is a good place to start as it outlines how you’ll be protecting your business, what measures will be used, how they’ll be used and even what happens in the case of an attack or breach. This plan should be a work-in-progress that’s frequently updated and revised as threats change.
Residential Proxies
If you buy a residential proxy, you can add an additional layer of security and anonymity to your entire network. When you buy a residential proxy, it will act as an intermediary between your entire network and the internet. This will make all your browsing anonymous by hiding your IP and making it impossible for hackers to track you.
Employee Awareness Training
Since so many breaches occur due to human error, employee awareness training is essential. Conduct frequent training sessions to teach employees how to identify potential threats, how to set up secure accounts and passwords and how to report any suspicious activity.
Strong Password Policies
Implement a strong password policy to ensure employees use complex passwords to protect accounts.
Firewalls And Antivirus Programs
Use powerful firewalls and antivirus programs to protect your system and network against viruses and other malware. Firewalls can also be used to restrict employees from accessing dangerous or black-listed websites.
Invest In Cyber Insurance
Investing in cyber insurance is very important. It may seem like a waste, but when a breach occurs, and you’re facing millions in penalties, you’ll be happy you’ve got the insurance. Too many businesses have to close down after an attack because of the financial implications – don’t be one of them.
Final Thoughts
Cyber security threats like targeting small businesses as they’re often less protected than larger counterparts. However, by implementing a few simple strategies such as proxies, firewalls and employee training, you can avoid your business becoming a victim.
