Cybersecurity Solutions

Small businesses have an incredible number of roadblocks that stand in their way to success including their competition, industry volatility, and even security threats. Protecting your small business against these security threats can help you maintain your credibility and keep you from falling into despair and bankruptcy in the future. 

By educating yourself and your employees on the types of vulnerabilities that your organization can embody, you can get one step closer to being protected from cybercrime. Let’s look at the key security threats to small businesses that exist and how your small business can protect itself from bad actors who are looking to steal your sensitive data.

The key to keeping your network in the clear from security threats is to remain in a constant state of perpetual forward motion when it comes to your cyber hygiene. Many modern companies rely almost exclusively on cyber functions to carry out day-to-day tasks, making it incredibly important for leadership and employees to understand how to work smarter and safer when dealing with cyber entities. 

Being more cyber aware and practicing healthy cyber hygiene, is what will ultimately help you keep your business in the green when you need it most. Let’s look at the benefits of cyber hygiene and how you can begin adopting these strategies into your organization immediately.

Cyberattacks and data breaches have now been putting organizations at risk. This is why data security has become the global goal of organizations because data is one of their most valuable assets. It is crucial to an organization to detect, prevent, and recover from cybercrimes — that is why cybersecurity resilience should be the best defense.

In 2013, President Barack Obama signed an Executive Order requiring organizations to develop a cybersecurity resilience framework to reduce cyber attacks against critical infrastructures. According to the Executive Order, the cybersecurity resilience framework “shall include a set of standards, methodologies, procedures, and processes that align policy, business, and technological approaches to address cyber risks.”

Therefore, an organization must develop a cybersecurity resilience framework to aid itself in identifying, assessing, and managing when cyber breaches occur.

It’s hard to imagine life without information technology in this digital age. From business experiences such as selling and buying shares to personal encounters like posting details and photos on social media, information is disseminated incessantly around the cyberspace. It has given the society the chance to become more connected and economies more prosperous. However, just as every system comes with risks, the security of cyberspace information is crucial to every enterprise or organization.

Risks like cybersecurity breach or cyberattacks can cause companies severe damages. These attacks may attempt to destroy, expose, or obtain unauthorized access to computer networks, personal computer devices, infrastructures, or computer information systems.

According to a study conducted by the University of Portsmouth, 43% of businesses and 19% of charities represented in the study experienced cyberattacks in 2018. In the UK, more than 2 million businesses or local firms became victims of different forms of cybercrimes and caused damage to £29.1 billion.

This alarming rate of cyberattacks is the reason why companies should be equipped to manage such risks. Moreover, these attacks could have been dealt with if those businesses have better cyber resilience.