Whether your business is just getting started or you've been running a successful enterprise for years, protecting your assets should always be top of mind. With the ever-evolving landscape of digital threats and data breaches, it’s more important than ever, as per Jay Holstine, to make sure that you're taking all necessary precautions when it comes to locking down your business. From proper employee policies to understanding authentication standards, having these critical measures in place is key for keeping your business safe and secure. Keep reading for our list of tips that will help protect your organization from risks and threats!
1. Establish a Strong Cyber Security System: It is absolutely essential, as per Jay Holstine, to have adequate cyber security measures in place to protect your business from malicious attempts of hacking and data breaches. Investing in best-in-class cyber security systems, technologies, processes, and practices can help keep your company safe from any potential threats. It is also important to ensure that all employees are aware of these protective measures and educate them on how to make use of the resources available for their safety. According to the 2019 Verizon Data Breach Investigations Report (DBIR), 63% of confirmed data breaches were caused by weak or stolen passwords. Having strong password protocols in place can go a long way in reducing this risk significantly.
2. Practice Safe Cloud Computing: Cloud computing can offer a range of advantages to businesses, but it is also important to ensure that all confidential data is safeguarded and protected. Using encryption technologies and multi-factor authentication systems can help prevent malicious insiders or hackers from accessing sensitive information. Organizations should also be aware of their rights and obligations under applicable laws when using cloud services. For example, organizations need to check whether the service provider offers any guarantees on data integrity and compliance with global privacy regulations such as GDPR or CAN-SPAM.
3. Establish Backup Protocols: Having an efficient backup system in place helps secure business operations against potential risks such as cyber-attacks, hardware failure, and other disasters. Data backups should be conducted regularly to ensure that all critical information is stored in a secure location. Additionally, organizations should also consider having off-site backups as well to minimize the risk of data loss in case of a catastrophe. For example, let's say your business suffers from a natural disaster like an earthquake or hurricane that destroys all equipment on site, including backup copies of your data. If you have an off-site copy, you can recover more easily and get back up and running quicker than if you didn't have any backups at all.
4. Monitor Network Activity: Monitoring network activities helps detect and prevent malicious activity before it leads to any damage. Regularly checking for unusual traffic patterns and suspicious behaviors can help identify potential risks quickly and take proactive measures to mitigate them. Organizations should keep track of all their critical systems and devices, look for any changes in configurations or unauthorized access attempts, and take appropriate action to protect the business from any threats. It is also important to make use of network security solutions such as firewalls, anti-virus software, intrusion prevention systems, and so on to reduce the chances of a successful attack. Read More