How Can You Protect Your Business from Cyber Attacks?

2020 saw a huge shift to remote working due to the global crisis of COVID-19, and regardless of some companies facing cybersecurity challenges during working from home, some industries may continue this trend even when the pandemic passes. In fact, by 2025, 70% of the workforce will be working remotely. While 2020 may be considered the year of remote work, it is just a start, we see this trend continuing in 2021.

While this remote working arrangement comes with its benefits and is more convenient, it also comes with its own set of risks – mainly in the realm of cybersecurity. In fact, a recent study showed that U.K. businesses have lost at least £6.2 million due to cyber attacks in the year 2020. In order for you to reduce the chances of your organization becoming the target of a data breach or cybersecurity, because of working remotely, you need to reinforce some sound cybersecurity strategies.

Why Does Your Business Need a Cyber Security Strategy?

Risks of remote working

The Covid-19 pandemic has created a new world order, in which almost all the companies have their employees working remotely. This has increased the threat of important data breaches and the risk perimeter of businesses tremendously. Investing in good IT support solutions like IT Support NJ is important nowadays. You can also download Cyber Management Alliance’s remote working checklist for more detailed information to keep your business and staff safe at this point.

Productivity boost

A cybersecurity attack can bring businesses to their knees and reduce productivity. Therefore, it is important to invest in the right kind of technology infrastructure that can protect your businesses from such attacks and cybercriminals.

Investing in your employees, providing them with cybersecurity knowledge and training can upskill them and boost their productivity, resulting in the overall productivity of your businesses. It is a very commonly acknowledged fact that when employees feel companies are investing in boosting their skillset and overall knowledge, they’re inclined to do better in their jobs.

Client trust and confidence

When it comes to the knowledge of clients that business is investing in security and has a track record of protecting customer data they’re more inclined towards buying their services. Modern Clients are tech-savvy and more cautious when it comes to the protection and security of their data. They understand the worth of their data and the repercussions that can happen if the data is leaked or misused.

Therefore, businesses that have incorporated solid cybersecurity and IT support solutions into their daily operations do better, so that customers feel more safe transacting and doing business with them.

Ways to Protect Your Business from Cyber Attacks

Because of the pandemic, cyber-attacks are more common nowadays than ever before. But there is still a lot that you can do to protect your businesses and prevent cyber attacks and data breaches to secure the important information that your business might be handling.

Assessing the security of the internet and your infrastructure

If you want to keep your businesses safe and secure, you might want to consider the security of the internet and your infrastructure. After all, the internet and associated structures are what cybercriminals use for data breaches and attack your businesses.

Many businesses choose to appoint an external specialist who assesses the digital health of their businesses as well as their capability to respond to cybercrime. You can either opt for a quick one-day health evaluation or a detailed data breach readiness evaluation. Investing in such assessments can go a long way in reducing the damage to your businesses if and when it is compromised.

Allocate resources

Unfortunately, many businesses do not pay much attention to the potential threats. As a result, they get more vulnerable to cyber-attacks. One of the very best ways to put a stop to cybercriminal attacks is to make sure that you have a sufficient budget for tools and technologies that might be used to keep your businesses and your sensitive data safe. As your businesses grow in size and convolution, resources allocated towards network protection and endpoint security should go up in tandem.

Monitoring all the threats

Apart from being aware and prepared for all possible cyber threats, it is also essential to monitor your systems now and then. This way any flaws or unusual activities can be pointed out in real-time and be settled to stop further crimes. This will greatly improve the business’s possibilities of being secured from cybercrime.

Many software solutions can monitor your system and security all the time. There is also an option of hiring a security analyst mainly for this purpose. Getting services from managed service providers like System Plus is another alternative.

Put a stop to hardware theft

Sometimes, a cyber-attack occurs when the criminal accesses the hardware used by the system you are trying to keep safe. If hardware theft has come about at your workplace, you should be extra conscious as the security of your business is definitely at stake.

Install & activate software and hardware firewalls

Firewalls can thwart malicious hackers and stop employees from browsing inappropriate websites. Install and update firewall systems on all employees’ computers, smartphones, and networked devices.

Include off-site employees, even if you use a cloud service provider (CSP) or a virtual private network (VPN). You might also want to install an intrusion detection/prevention system (IDPS) to provide a greater level of protection.

Patch your operating systems & software frequently

Every new application can open the doors to cyber-attacks if you don’t frequently patch and update all the software on every single device used by all your workforce. Always check for updates when buying a new desktop or installing a new software system. Be informed that software vendors are not needed to give security updates for unsupported products or services. For example, Microsoft stopped supporting Windows 7 in January of 2020, so if you haven’t upgraded yet, now’s the time to do so.

Limit employee access to your data & information

Limiting access to your important organizational data reduces the possibility for human error, which is the number-one information security threat. The workforce should only have an approach to the systems and certain information they need to do their jobs.

If an employee leaves your organization or moves to a different company location, take protective actions straight away, including changing or deleting all the passwords and accounts from all systems and collecting company ID badges and entry keys.

An ounce of access prevention can equal a pound of protection when it comes to limiting the impact of a disgruntled ex-employee. Don’t delay downloading operating system updates. These updates often include new or enhanced security features

Install surge protectors & uninterruptible power supplies

Uninterruptible power supplies (UPS) can give you enough battery life and time to save your data in the event of a power disruption. Check to make sure that the UPS type and size meet your company’s excellence and necessities.

Every desktop and networked device should be plugged into a UPS. For less sensitive electronics and non-networked equipment, standard surge protectors should be sufficient. Be sure to test and replace each UPS and surge protector, as recommended by the manufacturer.

Conclusion

Until the pandemic is gone from this world, work from home is the new norm. Companies will keep their employees working remotely to stay safe. But due to remote work, the risks of data breaches have also increased tremendously. To mitigate these risks, it is important to invest in the right kind of technology infrastructure that can protect your businesses from such attacks and cybercriminals. On top of this, investing in your employees and providing them with cybersecurity knowledge and training can upskill them and boost their productivity, resulting in the overall productivity of your businesses. When it comes to the knowledge of clients that business is investing in security and has a track record of protecting customer data they’re more inclined towards buying your services. Businesses should incorporate solid cybersecurity and IT support solutions into their daily operations to do better so that customers feel more safe transacting and doing business with them.

There is still a lot that you can do to protect your businesses and prevent cyber attacks and data breaches and secure the important information that your business might be handling. From which, assessing the security of the internet and your infrastructure, monitoring all the cyber threats, installing & activating software and hardware firewalls, patching your operating systems & software frequently, and installing surge protectors & uninterruptible power supplies are a few. In case you are interested in knowing more about modern cybersecurity services, then browse through our website.

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