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How to Protect Your Small Business from a Data Breach

Contributed by Sussex SEO
09 July, 2019


No large or small business will be immune to a data breach. Regardless of the size of your operations, you could become a hacker's next victim if you fail to protect your company.

Despite the serious repercussions of a breach, many companies are failing to take the steps to protect their network, data, and finances.

Rather than allowing data theft or loss to destroy your brand and finances, read this informative advice on how to protect your small business from a data breach.


Hire Experienced IT Professionals


By hiring experienced IT professionals to care for your network and data, you can successfully defend your organization from a potential cyber attack. So, if an employee falls victim to a phishing scam or downloads a harmful virus, they can act quickly to eliminate the issue and prevent a serious data breach.


Educate Employees on Security Issues


Prevention is better than cure, especially when it comes to cybersecurity.

To decrease the likelihood of your staff members falling victim to a phishing scam or unwittingly downloading a harmful form of malware, you must educate your employees on potential security issues and how to avoid them.

If your staff understand the risks of their actions, they'll think twice before clicking on a harmful URL or downloading an unexpected file.

Invest in Cyber and Data Risk Insurance As 4.5 billion records were compromised online in the first half of 2018, it makes business sense to protect an organization from the repercussions of a potential cyber attack.

For example, if your company falls victim to a malicious cyber attack or data breach, cyber and data risk insurance can cover business interruption, reputation protection, extortion, system damage, GDPR investigations, and more. Learn more about cyber insurance providers, who can help your business to recover from a breach. Hiscox, for example, are a leading cyber insurance provider, and are rated the most comprehensive for SMEs.


Conduct Regular Audits and Risk Assessments


Eliminate vulnerabilities by regularly conducting audits and risk assessments of your data.

You can then take the steps to resolve flaws in a system and strengthen your security, which will secure your customers' and employees' data. This is an essential step if you access consumer data from European visitors, as GDPR requires businesses to routinely perform audits to safeguard their data.


A Strict Password Policy


Hackers will do everything in their power to gain access to your company's systems, which is why they may target your employees' passwords to gain access to sensitive data.

If they manage to gain entry to one account, they could potentially gain access to multiple accounts and platforms on your network.

It is, therefore, imperative to introduce a strict password policy, which states employees must create passwords between 8 to 15 characters long, and it must feature a mixture of symbols, numbers and uppercase and lowercase letters.


Conclusion


Data breaches and cyber attacks can impact your business in a variety of ways, from damaging your positive reputation to destroying your finances.

It's for this reason why you must take action to prevent your company from exposing its sensitive data – and you also should have a recovery plan in place should the worst happen.



Tags: business


 


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