With the frequency of cyber-attacks and data breaches growing constantly, the business can no longer afford to not have a plan of counterattack.

Just in the past year itself, we saw cyber-attacks become a scary reality for virtually every individual and organization. It doesn’t matter who is the individual victim, or maybe what’s the size of the business or organization’s govt. A statute, the imminent threat of hackers on a mission to steal important data and information is very much real.

Thus it has become vital for the firms to have a plan to combat the security-related hassles. Business needs to be prepared as well as responsible as it comes to protecting themselves from hackers.

Ways to keep your tech and business data secure from cyber threats

Well, there are tools & processes that can be put in place in order to safeguard your business from cyber threats. Here, we discuss what measures need to be taken by businesses to deal with IT threats:

Stay informed regarding latest cybersecurity threats

Looking at the pace at which online transaction issues and payment frauds are taking place, it has become a real concern for businesses trading online. It is vital to stay informed in regard to the latest scams & security risks.

Keep security measures in check

It is vital to have policy and processes in place for your company staff outlining what is the accepted standard when they access:

  • Data
  • Internet and
  • Emails

A strong social media policy can be established that sets what kind of business information your staff can share online, and elsewhere. Understand that an attacker has the potential to develop a convincing scam tailored to your employee by creating a profile from their business and personal information posted online by them.

Ensure that your employee is well-aware of these policies and that they regularly review them. Refresher training can also be considered in these policies ensuring all employees are well-aware of IT security & data policies in your business.

Encrypt your data

Be it bank routing digits or employee social security numbers, nowadays hackers are on a hunt for standard company-held information which usually gets left lying around. Thus, firms that hold crucial data, must take measures to always have this information encrypted. The information can be secured by going for full-disk encryption tools that come standard with usually most operating systems on. It takes no more to switch on the encryptions of these devices and they will be encrypting every file on your drive, yet won’t slow it down.

Data Encryption

Protect yourself

Businesses must consider cyber insurance in order to protect themselves against impacts that result from a cyber attack. Often the cost to deal with a cyber attack goes past the repair of databases, replacing of lost laptops and strengthening of security measures.

Even though Cyber liability insurance cover (CLIC) may not entirely protect your business from cybercrime, but it can sure protect your business against the costs that might occur from the cyber attack.

Protect your customers

Despite the size of your customer information database, it is vital to keep that safe. Won’t it just be a huge blow for your firm to lose customer’s personal data but also you may face legal consequences for the same?

Like most people nowadays shop online and it is important for them to know that their payment details and address are secure. Customers must also know that their details won’t be shared sans their consent. Thus, businesses must provide a secure online environment for transactions and also ensure that all the personal information stored by your business is fully secured. Get in touch with your payment gateway provider to know about measures to prevent online payment fraud.

Usage of spam filters

In order to reduce the number of spam & phishing emails business receive, spam filters should be used. Usually, spam messages come from a person or company that you don’t know, and most often they consist of offers which are too good to be true. So, what you do is not respond, rather try to unsubscribe or call the number provided in the message. What rather best is to delete them. With the implementation of a spam filter, there will be a decrease in the chance of you or your employees opening a fraudulent or phishing email by accident.

Also, it is an offense under the Australian law to send spam emails for commercial reasons and significant fines may apply if this offense is proven.

Go for strong passwords

You can improve your digital security to a great extent by creating strong passwords. So to protect access to your devices comprising of crucial business information use passwords. To have a password as easy as ‘123456’ will leave you open to being hacked. In fact, frequently change your password in every few months. Also have different passwords for different accounts, as having the same password can put all your accounts under the risk of potential attach once someone has your password. A password manager can be used to secure storage and create passwords for you.

Password security

Secure your devices and computers

Often a small piece of information such as viruses or malware ends up infecting your mobile devices, laptops, and computers. Thus, try installing security software on your business computers and devices in order to prevent infection and ensure that it comprises anti-spam filters, anti-spyware and anti-virus. Ensure that you set your security software to update automatically as updates often consist of important security upgrades on the basis of recent attacks and viruses.

Also, to protect internal networks, set up firewall security, and do install the firewall on all your portable business devices & keep them updated and patched in order to prevent threats from entering your network.

As a business owner, you rarely give a thought to cyber threats day-to-day, but when one occurs in your business, results are often catastrophic. So, make sure you take care of these basic aspects of data security in order to save your business from a lot of preventable issues in the future.