Today, we live in a digital age. Every aspect of our lives, be it professional, personal, social, or financial, revolve around smartphones, the internet, and electronic media. It also makes us more vulnerable than ever to risks related to invasions of privacy, fraud, and malicious attacks. In this article, we will discuss 10 Ways to Improve Your Business Cyber Security.
According to research, the world lost more than USD 2 trillion to cybercrimes in 2019. Analysts predict this figure to reach the USD 6 trillion mark by the end of 2021. The widespread danger has led world economies to draft a plan for spending USD 10 billion on cyber-security measures by the end of 2027.
Effective Cybersecurity measures are the need of the hour and form a vital cog in the digital world’s wheel. They help protect us from hackers, fraud agents, and cybercriminals, and several other cyberattacks.
Different Kinds of Cybersecurity Threats
As they say, there is no lock ever made that can stop a thief. Similarly, when it comes to invading your systems, cybercriminals have a box of tricks up their sleeve. Some common forms of cybersecurity threats include:
- DOS or Denial-of-Service attacks
- MitM or Man-in-the-middle attack
- Phishing mails
- SQL injection attack
- Password attack
10 Ways to Improve Your Business Cyber Security
Having looked at the threats associated with cyberattacks and the importance of cybersecurity measures, let us now look at the top 10 ways to improve your business’s cybersecurity.
1. Network Segmentation
You must ensure that different segments or structures exist within your organization independent of each other. That way, even if a cyberattack compromises one of your systems, it will prevent the cybercriminal from gaining access to your entire organization.
2. Enforce Access Restrictions
Ensure you enforce enough access restrictions to prevent disgruntled and dissatisfied employees from accessing and sharing sensitive information. Grant access only on a need-to-know basis.
3. Remove Unrestricted Internet Access
Ensure that a restricted internet access policy is in place, and communicate the same via emails, contracts, or meetings, anyway that it is needed to be done.
4. Furnish employees with sufficient training and documentation
Every year an analysis of the cyber landscape confirms one thing: human errors remain one of the major reasons for successful cybersecurity breaches. Confirmed by 2019’s analysis from the cybersecurity firm CybSafe. Also required documenting all your business practices, processes, and procedures for a centralised management system with ISO 9001 Certification (Quality Management Systems Standard).
5. Deny access from ex-employees
Make sure you constantly take the following measures for safety whenever employees leave:
- All passwords being used
- Eliminate the employees from password managers
- Eliminate the employee’s access from cloud storage and other business platforms
- Have all business property returned upon termination
- Also, to enhance your business cybersecurity there is a vital need for the ISO 27001 Certification.
- 6. Organization Cyber Security Policy
Employ a robust cybersecurity policy to make the staff understand the importance and the method of dealing with cyberattacks.
7. BYOD Policy for Employee Devices
Many employees bring along their devices to work. Ensure that you have a stringent policy relating to their use to prevent unauthorized usage and risk of data theft.
8. Keep Your Computers Updated
It is critical to keep your systems updated with the latest security patches. Ensure you have auto-updates installed on all your systems and software. Also, implement a centralized security policy to ensure no systems are left exposed.
9. Destroy Old Hardware Properly
It is essential to update your computer hardware regularly for improving cybersecurity. It is equally crucial to correctly destroy old storage devices such as hard drives, USBs, CDs, etc. when replacing them with new ones.
10. Train Your Staff Appropriately
Ensure that you train your staff appropriately regarding the importance of cybersecurity and responding timely in case of a security breach. Regular training sessions, both online and offline, and guidelines are effective methods of ensuring the same.
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