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Cybersecurity Practices For Small-Medium Size Businesses


Small-medium size businesses (SMBs) pose as an easy target to the cyber criminals. The reason behind an increased number of crimes against SMBs is that majority of cyber-attacks have an underlying motive of stealing personal data for identity theft and credit card fraud. Since SMB networks tend to be less secure, it becomes easier for the hackers to launch a breach successfully.

As there is an alarming increase in breach incidents, it has become important for SMB owners to pay more attention to cybersecurity. Some cybersecurity practices that SMBs should adopt are:

Document Your Cybersecurity Policies: It is important to document the cybersecurity policies, installed updates, analysis reports, etc. SMBs can make use of online planning guides to initiate the documentation process. Also, many portals offer online training, tips and checklists related to prevailing cybersecurity trends. This is an important step for SMBs to keep a track of their cybersecurity protocols.

Educate Your Employees: As the cyber-attacks are becoming more complex, the cybersecurity policies are also evolving. In addition to regularly updating the protocols, SMBs should define internet use guidelines and establish consequences of cybersecurity violations. The employees that have access to the network should be thoroughly educated about these updates and guidelines. They should be properly trained on security policies and ways to detect malware or infection.

Firewall: Make sure that your employees should use a firewall when accessing business network in office or at home. Firewalls act as fist line of defense against cyber-attacks targeted to access sensitive data. For an additional line of defense, SMBs should consider installing internal firewalls in addition to external firewall.

Mobile Device Security: As the BYOD culture is gaining popularity, most employees prefer using their own mobile devices to access business network and sensitive data. Since employees tend to download numerous applications or software on their mobile devices, they pose as a threat by accidentally downloading malware. A hacker can compromise the mobile device and gain access to the sensitive business data. Thus, educate your employees on the requirement to encrypt their data, install trusted security apps and password protect their devices.

Password Policies: Teach your employees to use strong passwords. You can ensure this by setting well-defined password policies for network access. Also, it is advisable for SMBs to use multi-factor authentication for granting network access to the employees and consumers. SMB owners can also lay out the policy that requires employees to change their passwords after a few months.

Data Backup: Invest in off-shore backup plans to ensure data retrieval in case of any disaster or data loss. Make it a point to back up the data at regular intervals. If possible, consider using automatic data backup settings.

 For more information about cybersecurity practices for SMBs, call Centex Technologies at (972) 375 - 9654.

Reasons Why Companies Fail In Securing Data

      

Companies accumulate large amount of data every year. The data may include important information like trade secrets, customer information, client database, product/service information, marketing strategies, etc. It is important for the companies to keep this data secured to prevent financial, trade and reputation loss. However, an increasing rate of data breach incidents indicate that most companies fail to secure their data.

Here are some common mistakes that the enterprises make leading to loss of data:

  • Lack of Security Testing: New security features are launched at regular intervals. While it is recommended that businesses should update their security features with newer versions; the switch should be made after proper testing. The companies make the mistake of skipping the beta phase of testing (a testing phase where vulnerabilities of a new security feature are detected and rectified by the technical team of organization). Implementing any new security feature without thorough testing puts the business data at the risk because hackers get the chance to exploit the vulnerabilities and launch a data breach.
  • Forgetting To Map Data: Data movement is an essential component for managing the operations of any business. As the use of online resources is increasing, data movement forms the basis of marketing/ sales strategies, collaborative meeting of on-shore & off-shore employees, process handling between different teams, etc. As the data is regularly moving, it becomes important to keep a track of it. Mapping data is the process of marking the origin, journey and destination of data flow. It also involves keeping a track of every person who interacts with the data, and the changes made to it. This helps the data monitoring team to detect data handling patterns and recognize unexpected interactions at an early stage. However, companies usually commit the mistake of neglecting this important process.
  • Relying Solely On Anti-Virus: Although it is important to install anti-virus software into the computer systems of the organization to detect the malware; it should not be treated as the backbone of the cybersecurity strategies of the organization. Businesses make the mistake of relying solely on anti-virus software instead of installing other security measures that can detect and flag potentially malicious incoming data before it enters the network.
  • Using Outdated Versions Of Security Networks: When considering security networks, companies have to pay attention to three aspects namely security software, security hardware and internal network of company’s systems. Companies often update one or two of these aspects which leaves them at the risk of improper integration of security networks. The outdated versions lead to vulnerabilities in the system which can be exploited by hackers.

It is advisable for the businesses to focus on proper cybersecurity strategies to prevent data breach instances.

For more information about ways to secure data, call Centex Technologies at (972) 375 - 9654.