8 Ways to Protect Your Business From Cyberthreats

StrategyDriven Risk Management Article |cyberthreats |8 Ways to Protect Your Business From CyberthreatsEvery 39 seconds, there is a new cybersecurity attack. On any given day, there are around 80,000 cybersecurity attacks worldwide, equating to about 30 million attacks per year.

If you think your business is immune to cybersecurity threats, you’re wrong. Luckily, there’s a lot that you can do to protect your business from a cybersecurity attack.

Check out this guide to discover how to protect your business from cyberthreats.

1. Use Secure Passwords

A lot of times, cybersecurity attacks happen because of poorly chosen passwords. Creating a strong password is one of the easiest things you can do to prevent a breach in your system.

For a password to be strong it should:

  • Contain letters, numbers, and special characters
  • Be 8 to 15 characters long
  • Never be written down or stored in a nearby device
  • Updated frequently
  • Never contain personal information (Ie, birthdays, family member names, etc)

Make sure all of your employees know how to create a good password, and encourage them to change their passwords every 90 days or so.

2. Install Anti-Malware and Anti-Spyware Software

Installing anti-malware and anti-spyware software is another simple thing you can do to protect your business from cyberthreats.

When researching different software options, make sure you look for one that can run a full system scan on your computers. Also, you want to choose software that automatically updates itself and quarantines and removes malware and spyware.

While you may be tempted to purchase anti-virus software that comes with anti-malware and anti-spyware capabilities, it’s important to understand that a single piece of software is incapable of scanning and removing everything.

A multi-layered approach is the best way to secure your computer system.

3. Install Anti-Virus Software

In addition to installing anti-malware and anti-spyware software, you should also install anti-virus software.
This type of software continuously scans for viruses that are trying to break into your system files, emails, and operating systems. Just like quality anti-malware/spyware software, quality anti-virus software will run periodic updates.

When choosing an ant-virus software program, make sure you look for one that has daily-anti virus updates and a good reputation. You also want to double-check that the software program is compatible with your computer.

4. Use Email and the Internet With Caution

If your business does a lot of communication with email, then you especially want to be careful about what emails you open. While hackers can exploit an email in a variety of different ways, one of the most common things they do hide viruses in attachments.

If you receive an email from an address that you don’t recognize, don’t open it. Instead, delete it from your inbox immediately and add the address to your spam list.

You also need to take extra caution when using the internet, as even the safest websites can contain malware and spyware. One common way hackers lure internet users is by creating a fake website that looks just like a real website.

When entering a website URL, make sure to double-check the name of the website and make sure you’re spelling it correctly. Also, you should avoid clicking on graphics, popups, ads, and links to other websites.

5. Secure Your Wifi Network

Securing your Wifi network is another simple thing you can do to protect your business from cyberthreats.
If you leave your Wifi networks open, you’re giving hackers an open door to infiltrate your network and access your private information. So, make sure all of your business’ Wifi networks are private.

If you have a brick and mortar business that is frequented by customers, you should also create two Wifi networks: one for your business and one for your customers. This way, you don’t have to worry about your Wifi password getting into the wrong hands.

6. Backup Important Business Data

No matter how many steps you take to protect your business from a cybersecurity threat, cybersecurity breaches can still happen. Therefore, it’s important that you prepare your business for the worst-case scenario.

You should back up all of your critical business data and information. This way, if there is a cybersecurity breach, your business flow won’t be interrupted and your bottom line won’t be affected.

7. Train Your Employees On the Best Cybersecurity Practices

Knowing all of these cybersecurity protection tactics won’t do you any good if your employees don’t know them as well. As we mentioned earlier in the article, your employees should know how to choose a strong password and how often to change it.

But, the education shouldn’t stop there. You should also educate your employees on how to protect their data, set up a firewall, and how to recognize a security breach.

The reality is that most cybersecurity breaches are the result of human error, and all it takes is one mistake from an uninformed employee to compromise your business. While you can take on the cybersecurity training yourself, we recommend bringing in experts to help you, as they’ll be the most informed on the latest strategies and threats.

8. Conduct Penetration Testing

Last but not least, your business should conduct penetration testing on your computer systems.

Penetration testing involves simulating a cybersecurity attack in order to check for vulnerabilities in your computer system. Penetration testing comes with many benefits, including:

  • Detecting and avoiding security threats
  • Protecting customer loyalty and your company image
  • Evading penalties associated with breaches
  • To conduct penetration testing, make sure you work with a reputable company.

Are You Ready to Protect Your Business Against Cyberthreats?

Now that you’ve read this guide, it’s time to put these tips into action so you can protect your business against cyberthreats. Pretty soon, your business will be more secured than ever before.

Be sure to check back in with our blog for more cybersecurity-related tips and tricks.