What Cyber Protection Can I Apply to My Small Business?

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While many entrepreneurs believe that cyber attackers are not interested in small businesses, that’s not the reality.

In fact, more than 70 percent of cyber attacks take place at businesses with less than 100 employees, according to a report by Verizon Enterprise.

The reason for this high number is most likely due to the fact that small businesses are known for having insecure networks, as well as tiny budgets for security, a lack of security expertise and risk awareness, little employee training and few security programs in place.

But you can protect your small business from cyberattacks by following these tips:

Educate employees about cyber threats: Teach employees how to protect the business from online threats. This includes safeguarding all data, safely using social media, using strong passwords that change frequently and implementing multifactor authentication. Be sure to hold all employees accountable for security procedures and outline the consequences for violating policies.

Use a firewall: A firewall provides a barrier between cyberattacks and a company’s data. While external firewalls do offer protection, businesses should also consider internal firewalls, as well as home firewalls for remote employees.

Install virus and spyware protection: It is vital to have anti-malware software on all company devices and networks. Be sure that your antivirus software and antispyware automatically install every update.

Don’t forget about mobile devices: Many of today’s businesses allow employees to use their own mobile devices for work. As a result, it is critical to create a Bring Your Own Device (BYOD) policy that outlines security precautions, such as automatic security updates and password changes.

Back it up: Regularly back up all data, including databases, human resources and financial data, electronic spreadsheets and all data stored in the cloud.

The key to protecting your business from cyberattacks is staying on top of current trends involving prevention technology, as well as methods of attack. Because cybercrime grows more sophisticated each and every day, it is essential to make security a businesses priority.