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How To Prevent Cybercrime Hurting Your Business

StrategyDriven Risk Management Article |Cybercrime|How To Prevent Cybercrime Hurting Your BusinessA relatively short time ago, cybercrime wasn’t an issue. It wasn’t even a word. Yet as technology has increased and we have become ever more reliant on the internet to run our daily lives and, of course, our businesses, cybercrime, cyberattacks, and hackers, are now something we have to protect ourselves and others from on a daily basis.

If a cybercriminal were able to infiltrate your business, they could do untold damage financially and to the company’s structure itself. Whether they hack your network for monetary gain or just to cause havoc, the result would be the same; your business would be hurt; possibly mortally so. This is why it is absolutely crucial to do everything you can to prevent this from happening. Here are some ways it can be done.

Use The Cloud

The cloud is a virtual storage space for important documents and sensitive information. It is exceptionally secure, much more so than a laptop or mobile device could ever be, and this means it is the ideal place to keep your most valuable data such as your customers’ payment details, their names and addresses, and your business banking information.

If you can store everything on the cloud, your business will be as secure as possible. Only those with passwords should be able to access your cloud account. Since the data is encrypted, even if someone did manage to get in, they wouldn’t be able to retrieve the information, rendering it entirely useless.

Strong Passwords

Regarding passwords, you will need to have a different password for every log in you have. This might be an irritation because you’ll have to remember several different passwords, but it’s much better than having just one password which, if it were to be compromised, would mean that absolutely everything you log into online would be at risk too. This would include your business information and even your personal financial information.

When you are creating passwords, they must be strong so that no one can guess them or hack them. To create a strong password, you will need a combination of letters, numbers, and symbols, and you should use upper and lower case. Make it a rule to change your passwords every six months or after ten logins to ensure they stay safe and secure.

Encryption

Data encryption is another way to prevent any cyberattacks from being successful. When data is encrypted, it becomes impossible to read and is useless to anyone unless they have the encryption key. Since a cybercriminal wouldn’t have this, even if your laptop or mobile device were stolen, or if you lost a USB stick with all this data on it, no one else would be able to see it.

Encryption is one of the most critical elements of online security, but it can often be overlooked. Implementing it within your business gives you and your clients an additional layer of protection that really can make all the difference.

Why Data Cloud Storage Improves Business Performance

Technological infrastructure is a real headache for most businesses. Large or small, companies have to be ready for the unexpected, like a hard drive suddenly dying or an employee’s PC repeatedly showing the blue screen of death shortly after every reboot. When systems aren’t functioning right, any kind of strategy goes out the window because when you cannot deliver, your business is toast.

Here are a few reasons why cloud storage supports business performance.

Distributed File Architecture Supporting a Global Workforce

Companies no longer rely on an internal network to provide file access to everyone who needs it. With the increasing use of outside contractors, part-time employees, and home workers that require access to documents, spreadsheets, and other files from the company server, it becomes a real headache for IT departments. For smaller companies that don’t really have an IT department at all, the inconvenience is felt even more.

Using a cloud service designed for businesses that enable anyone with a mobile app or web browser to access the necessary company files, once they’ve passed through two-factor authentication, makes it simpler. There’s no complicated setup necessary because everyone can be given access to the folders they need in the secure cloud. File audit trails and multi-factor authentication protocols ensure that companies can keep track of who’s accessing what and verify that only the approved people can access shared files.

Stay Focused on Core Competencies

Running a proper data center with all the equipment and staff required is expensive and involved. Trying to do so on a small budget or as a small business takes the focus away from providing services to customers and the technology team that is supporting that effort.

Whether looking to place group files on a secure cloud service or purchasing a sales package that works in the cloud, taking advantage of professional companies that already offer excellent data cloud services ensures you get the talent without having to find and hire it. Be sure to compare one cloud service with another, like they do at cloudstoragebuzz.com, to see which one is right for your business.

Scalable Storage as Needed

Growing businesses need ever-increasing amounts of storage. This puts a strain on the existing network and requires adding larger local drives to PCs while ensuring there are enough network drives to handle the storage capacity requirements as they grow. Needless to say, this is one problem that the IT team could well do without.

The beauty of using a cloud service is that they have sufficient storage capacities to allocate increasing storage to businesses on an “as needed” basis. Basic plans sometimes have an unlimited data capacity, but most business plans require additional payment for extra terabytes of storage at affordable rates.

In many ways, cloud storage takes some of the heavy lifting away from IT departments – and people tasked with this responsibility in SMEs – so the company can focus on its core operations. The cost per megabyte or gigabyte is low with so many cloud providers competing, so it just doesn’t make sense to try to handle it all in-house any longer.