Small Business and the threat of Cyber Crime
As per a case study, a small business owner sent a consulting team over to finish a client project along with a business debit card. Unfortunately for the firm attackers initiated a man in the middle attack which led to the credentials being stolen, giving attackers an opening to go on a spending spree. Therefore, as a small business you can never be to sure that just because the size of your business is not big enough to attract attention you are free from a cyber-attack.
Attackers know that small business mostly don’t have a team to take care of the organization’s security measure, making it an easy target for attackers.
Preventing a Cyber Incident
As of today, there is no one stop fix or patch to secure yourself from all of cyber crime present in the world, but there are several steps that can be taken by people to ensure the security of the organization and of people working in the organization.
1- Making sure the organization’s policy and the cybersecurity policy supports remote work
· Make sure that employees require a VPN to log in and to get access to the data the organization works with.
· Security measures should be in place to make sure the data is just being shared with only those who require access to it by setting up shared drives and limiting their access.
2- Cybersecurity awareness training should be given to employees in the organization and to outside contractors at least once a month, to keep up to date with the new emerging phishing and spamming techniques by attackers.
3- Software patches are a way for developers to bring in updates and to update any security flaws present in the previous versions as in this world of technology, attackers are finding new attack vectors to exploit the vulnerability, therefore software patches are your best friends.
4- Organization needs to have a good antivirus and an antimalware system in place as they help with keeping the users secure and to patch the vulnerabilities so that attackers cannot exploit the issue.
5- Implementing Multi Factor Authentication is a way to ensure the identity of the person signing in is the person signing in. It could be accomplished using a password with which an authenticator app or a biometric identification is added security in verifying the identity.
6- Deploying Single Sign On (SSO) is a way to sign into apps is an efficient way by a person can log into one app and be logged into the apps that are being used tied to that account.
7- Put in effect a backup and disaster recovery system which ensures that the data is backed up on a regular basis so that if there is a problem or a hack of a system, data can be restored without having to pay ransom, adding encryption to the data being backed up ensures compliance with data privacy regulations.
As a small owner you are mostly working on expanding the business and to be able to take care of your clients, making it less likely for you to have the expertise or time to implement an effective cyber incident prevention practice, but by partnering with us, you can save your organization from the hassle of taking a look into cybersecurity and expand your business tenfold.
Contact us to find out how we can help you with your organization’s cybersecurity needs