7 Ways SME’S Can Stay Safe From Cyberattacks

article-img
article-img

Is your enterprise ready to tackle a cyber attack?

 

About 87% of small businesses believe they will never experience a cyberattack when half of them are actually targeted by cyber-criminals. And, half of the SMEs that experience a cyberattack go out of business within the next six months according to this report.

 

SMEs are increasingly targeted these days because attackers know their general lack of cyber defence. We don’t mean to scare you. We want to arm you with a strong strategy so you can safeguard your enterprise against malicious intentions.

 

 

 

What Can A Small Business Owner do to Defend Against Cyberattacks

 

If you’re wondering how to prevent cyberattacks in your business, then there are a number of steps you can take in your SMB to fight cybercrime.

 

Let’s explore a few.

 

 

  1. Use a Secure Network

 

If you are a small biz owner operating from a coffee shop, the free WiFi might seem alluring but might pose a security risk. Know that your personal or business sensitive information could leak with the data that transfers on an unsecured network. Take a moment to check the URL. You want to see it start with a secure connection indicator, that is, https:// instead of the less secure http://.

 

Even if you operate from an office, make sure all your employees use reliable websites for data exchange and that the complete infrastructure is protected by a firewall.

 

Other network security measures you can implement include email gateway filter, web browsing gateway filter, and DNS security safeguards.

 

 

  1. Layer your Security Elements

 

A sound approach to security is to install a layered approach. This way, even if attackers breach the first layer, there are subsequent elements in the next layers to keep them at bay.

 

Passwords still are the basic security mechanisms. Therefore, implement a password policy that requires all employees to choose a strong password with a combination of special characters, lower and uppercase alphabets, and numerics.

 

Having a strong password is only the first step to secure your data. Passwords, no matter how strong, cannot withstand a keylogging attack. A keylogger software tracks and records all keystrokes typed on the infected computer. In such cases, passwords turn ineffective. This is where two-factor authentication comes in.

 

The second layer in a two-factor authentication method can be an OTP sent to the user’s phone.

 

 

  1. Beware of Internal Threats

 

This might come as a surprise, but numbers say that a majority of cyberattacks to SMEs happen from within the enterprise. It’s easy to assume that an attacker is an outside person. But, that might not be true.

 

Therefore, make sure you keep an eye on your employees and execute stringent authorisation rules. Limit the access of employees so they can only reach data and applications within their circle of responsibilities.

 

When it comes to internal security, strike a balance between micromanagement and effective security.

 

  1. Secure Sensitive Data

 

Make it a habit to safeguard critical documents even if you don’t need them anymore. Collect and store sensitive information such as credit card, bank account details, and so on, only if you absolutely have to.

 

Information leakage can be prevented by not collecting a host of sensitive information from your clients and customers just in case you need it.

 

Even if you have to, take appropriate security measures to shield that information from attackers.

 

 

  1. Train Your Team

 

You cannot be everywhere in your enterprise. Therefore, the knowledge you have about data security should be made available to everyone else. Engage your team in a comprehensive data security training, so they learn the best practices.

 

The number one threat to any SMB is negligence on the part of their own employees, according to this report. Take the time to educate your staff on security technology and what measures they can take to prevent security breaches.

 

Create a list of security best practices and pin them on walls in your enterprise for employees to learn and follow.

 

 

  1. Regularly Update your Software

 

Invest in a good malware, virus, and spyware protection software and keep it up-to-date. Hackers often look for software systems that are outdated and full of internal loopholes.

 

Therefore, choose the right software systems for your enterprise and keep them updated at all times.

 

  1. Hire Cyber Security Specialists

 

Do you learn to fix a water leak if water starts building up in your home?

 

No, right? You call a plumber.

 

Do the same for your organisation’s security. No matter how easy it looks, you can always use help in securing your enterprise. Depending on your needs, consult a specialist or hire one.

 

Pivoting your employees into cyber security will do more harm than good. Allow them to focus on their tasks and get an expert to take care of your data and software.

 

 

 

While having a cyber security strategy looks like a no-brainer these days, 73% of small businesses don’t have a formal plan in place. Execute these tips in your SME to guard your data and applications against security threats.

 

After all is said and done, nothing replaces the importance of a dedicated position for a security expert in your enterprise.

 

If you think so, too, find the right cybersecurity expert through LynxPro. We help you get in contact with the right professionals and fill positions fast.

 

Get in touch with us and our recruitment specialists.

 

Learn more here.