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Protecting Your Business From The Threat Of Cybercrime

StrategyDriven Risk Management and Managing Your Business Article |Cybercrime|Protecting Your Business From The Threat Of CybercrimeThere are many threats to each and every business the whole world over. You might look at your company and think that just because you are only a small operation, then you won’t be at risk. But there is one thing that is a fact, cybercriminals do not discriminate.

Whether your business is worth billions, or you are a sole-trader, you are likely to come under attack. You might currently be facing several attempts each day. Although, depending on the type of business that you operate, this could be considerably more.

What Effects Will A Cyber Attack Have On Your Business?

In the event of an attack, and the very least, cybercrime will cause your websites and services to suffer from downtime which will have a financial knock-on. The outcome will generally be much worse.

You might end up losing customer data, which will result in mass-identity theft. You may face fines from the government if the breach could have been prevented, and you might face legal proceedings from affected customers.

All in all, you are likely to lose a lot of money and face severe damage to your reputation. It might all result in you going out of business completely.

How Can You Protect Your Business?

There are many ways that you can protect yourself. Firstly, you should make sure that you are following the best practice guides for data protection in your specific industry. If you are handling customer or client information, you have a duty to ensure stringent measures are in place to protect the data. Where you are working with data that is particularly sensitive, for example, financial information or even medical records, you may have additional regulations to adhere to because of the increased risk that you face.

One of the best ways that you can ensure that you are fully protected is to use the services of an IT specialist or a Managed Service Provider. You can learn more about the various services that an IT support team will be able to provide in order to help your business to protect itself.

What Measures Can You Take In House?

Keeping your business safe from cyberattacks is something that everyone in your business should be doing. It is so important that you should create policies and procedures around the threat, and implement a whole raft of training measures to ensure your team understand the risks and know how to take measures to keep your business safe.

Change passwords often. If your team are all changing their password every month to something that is new and unique, you will be able to minimize the risk of front-door access to your systems via stolen passwords.

Train your staff on phishing emails. Your team need to know not to click on links in emails, even if they look legitimate.

Use multifactor logins. By including a biometric element or a personal question as a secondary stage of any login, you can minimize the risk of anyone but the correct user logging in.

Never share passwords. Every employee needs their own unique login. If people share logins, it increases the risk dramatically.

Protecting Your Company from Cyber Attacks

StrategyDriven Managing Your Business Risk Management Article |Cyber Attacks|Protecting Your Company from Cyber AttacksHow well are you protecting your company, client and staff data? Holding any kind of data will mean you need to be employing security measures to make sure all information you collate for whatever reason is secure.

Protecting your company from serious cyber threats is something you should be taking seriously within your business. How secure you need to be depends on the type of company you are running. Different sectors need different types of security measures to protect the company and also staff and customers details including personal information and banking details along with credit card numbers.

Use a Firewall

This should be something you use as standard. A firewall is your first one of defence against a security attack. And unfortunately, small businesses tend to be targeted more often than larger companies due to the level of security that is employed.

Consider an internal firewall along with an external one too for added protection against threats and potential hacks.

Educate Employees

Again, this is something most people are aware of. However, staff training on the use of technology and online habits and practises is never a waste of time. Especially as online security threats are changing and evolving all the time.

Draw up company guidelines for personal and work use and educate them on the many ways they could cause a breach in security unintentionally – such as opening links in unfamiliar emails. Make sure everyone understands and signs a document to agree to the security measures they have been trained on.

Limit Sensitive Information

Allowing certain employees access to sensitive information is another way you can reduce the risk of your staff creating a security breach. By giving different staff members limited access, the less the chance of that information getting into the wrong hands. And if it does, then you will know exactly who caused the breach and deal with it swiftly.

Regularly Back-Up Data

Making sure you have backups will help you get up and running again in the event of a security breach. Prevention is always the best option but you want to make sure that should the worst happen, you can still access everything you need to.

It is recommended that you back up to a cloud. The GCC High Cloud is now available for more companies to offer you another level of security.

Have your backups processed on a regular basis to ensure minimum disruption in the event of a security breach.

Install Anti Malware

A 2016 data breach investigation identified that 30% of employees opened phishing emails. You may presume that all employees know not to open phishing emails, some will still open them.

Phishing scams involve malware being placed on a computer when a link is clicked. installing anti-malware can help remove and/or block this before it gets any information or causes any damage. Include this as part of your training and make sure your anti-malware is running on all devices and internal and external networks.

Keeping Your Business Safe: A Guide

StrategyDriven Managing Your Business Article |keep your business safe|Keeping Your Business Safe: A GuideThere are a number of online threats that you can experience while running your business, and while some can be minor, some can be so catastrophic that it results in business closure. Building up a solid business idea and turning it into a profit-turning organization takes hard work and dedication, and the idea that it can fail due to someone else’s actions is devastating. However, it is a very real situation many businesses find themselves in, and all because they didn’t take online security seriously.

Just because you are a small business, doesn’t mean that you aren’t a target for online hackers. Yes, hackers will target big businesses, but as you are less likely to have viable security solutions in place, this is exactly why people will also target small businesses such as yours too. Fortunately, some solutions can help keep your business safe from online threats, and we will explore them in more detail here.

Secure your network

Whether you use your computers every day or once in a while, you still need to ensure that your network is secure. Start by encrypting your wireless access points, as this is a great way for hackers to get into your system and steal sensitive data. Then set about changing the name of your wireless network to something that doesn’t announce to the world that it belongs to you. Instead, make sure to use something more inconspicuous that will make it harder for the hacker to find out your location or business name.

Make this a private network, and ensure like everything you change the password regularly.

Test your company’s defenses

It is one thing to secure your network, but in circumstances where you want to ensure safety to the finest degree, you need to test how good this defense actually is. By carrying out penetration testing, you can test your protection against a number of different threats that hackers will attempt in an effort to steal your data. It will highlight any vulnerabilities and weaknesses within the system and what needs to be done to rectify it.

Antivirus software

One of the best ways to ensure your business is safe is to install the right antivirus software on every single device that enters the company before it joins your network. If a device that an employee has bought into work doesn’t have the right security defenses in play, you are at risk of a data breach.

Train your staff

Many problems regarding company data are the result of uneducated staff. Companies that don’t train their staff are at more risk of experiencing breaches. Therefore, you should make it mandatory training every year for your staff to learn more about cybersecurity and what they can do to maintain the safety of your business.

Educate them on how to spot potential security issues, such as phishing emails, but also reinforce how serious it is to uphold. As cybercriminals improve their techniques and strategies, you need to also improve your training. This is why it is recommended to carry out the training regularly and keep it relevant to on-going security issues.

Five reasons you need IT support for your business

StrategyDriven Managing Your Business Article |IT Support|Five reasons you need IT support for your businessNo matter the size of your business, you should consider having some form of IT support for your brand. Why is that, though? If it’s just you or you have only a small team, you might be thinking there are very few benefits for this – you could think you can do this yourself.

However, you should not underestimate the advantages of having an expert in this area on hand to help you with any problems. Whether your problems are show-stopping issues or minor hassles, having someone who can resolve them quickly, efficiently and in the best way possible can be a great asset. Here are some reasons why you should have IT support.

Information management

Having proper management of all your digital information is vital if your business is to succeed. You will need to have a proper IT support system to ensure that, if you want to log in or look at sales and orders, you should be able to do this with little fuss. You’ll want to avoid large issues like viruses that lose your files or infect your whole system.

Virus protection

The number of viruses and Trojans, as well as other damaging data, has grown in recent years. Every day, there are attempts by hackers trying to get access to an organization’s IT system to plant ransomware.

If these hackers are successful, then you will have to pay a large sum of money to retrieve your business records. By having the required antivirus programs installed to avoid these types of attacks, then you can ensure that your system won’t be affected.

Security

There will be many details you don’t want hackers to have access to, such as customer addresses, personal details, or even payment information. So, for your online business, these all need to be protected – and your IT support can be useful here.

Using the services of a proactive technical support team and using certified professionals means your IT infrastructure can be monitored around the clock. Issues can be dealt with before they become a problem, so you can eliminate complaints and increase productivity.

Maximize productivity

Small businesses depend on staff to be efficient, so downtime because of technical problems can cause significant productivity losses. Items such as computers, networks, smartphones and other technology will fail – and IT departments can perform these crucial tasks for maintenance and repair, so you can have your employees working again. Your staff will then have the support they need to perform as efficiently as possible.

Integration of technology and updates

New upgrades can be time-consuming and confusing – and IT professionals will help integrate those old and new systems. Without them, then your brand might end up being behind on adopting this new technology.

They will also help to troubleshoot the use of new systems and monitor them to ensure that they’re running well. You can also receive recommendations on what new services you could also use, based on your company’s specific needs.

How to Protect Your Transportation Business

StrategyDriven Risk Management Article |Protect Your Transportation Business|How to Protect Your Transportation BusinessRunning a transportation business presents unique challenges that are not faced by other industries. By its very nature, a transportation business rarely has all of its inventory in one place. When your assets and inventory are always on the move, security becomes an increased priority.

To be successful and to run efficiently, logistics businesses need to find ways that enable them to overcome the challenge of protecting assets when they are out on the road. Managing a fleet of vehicles and ensuring that goods are transported safely and within the designated timescales presents an extra set of issues to manage.

Many issues that are faced by transportation companies are a result of external factors that are beyond the company’s control. These external factors include problems such as traffic delays holding vehicles up and causing them to miss delivery deadlines, theft from trucks resulting in lost inventory, mechanical issues with trucks, along with driver absence, and illness. Despite these issues being outside the business’ control, they still reflect negatively on the company. Missed delivery deadlines, and damaged or lost inventory can result in damage to business relationships as well as the loss of reputation.

As there are so many factors out of the control of transportation businesses, companies must do all that they can to eliminate risks and potential issues that could impact the business. This means that action must be taken to carefully manage parts of the company that can be controlled to help protect it from external factors and ensure that it runs as efficiently as possible.

Staff

Employees are a business’s most significant asset, and the success of any business is very much in the hands of the staff that works there. Companies require teams that will perform their roles to the best of their ability, as well as staff members that are consistently productive and can be relied upon to be at work on the times and days that they should be there.

For transportation companies, finding the right staff is especially important. When employees are out on the road, you need to know that they can be trusted to carry out their job efficiently and to represent your business appropriately when dealing with clients.

Your recruitment process will need to be robust so that you can attract the right employees in the first place. Carrying out thorough pre-employment checks is vital so that you know that potential staff members are capable of carrying out their role responsibly, and can be trusted with being out on the road alone and with high-value stock on board the truck. You will need to make sure that their credentials check out, and it is also wise to get several references from past employers too.

Once you have found staff members that are right for your business, make sure that they receive in-depth training on how to perform their role, and those new employees aren’t made to get out onto the road alone before they are ready. A lack of appropriate training can lead to high staff turnover as employees that are not equipped to perform their jobs well will often experience low morale at work. Therefore, it is in your best interest as an employer to provide your recruits with high-quality training so that new staff members are fully equipped with the skills and knowledge to do the job well.

Technology

All businesses operating nowadays rely on technology to some extent. However, for a logistics company, technology is an essential tool to stay connected with drivers and keep the business operation running smoothly.

Using truck tracking software systems can completely transform the way a logistics business operates. Using the software will enable the company to keep track of their equipment and inventory no matter where it is. This kind of data is vital to the smooth running of the operation. Being able to track your vehicles and inventory means that you can manage schedules effectively, and account for all of your equipment. In the unfortunate event that a truck was stolen, you would be able to locate it immediately thanks to your tracking capabilities.

From staying up to date with the progress of your delivery schedule through to detecting unauthorized use of your vehicles, using a tracking system can help you to manage a range of potential issues as well as providing valuable insights.

StrategyDriven Risk Management Article |Protect Your Transportation Business|How to Protect Your Transportation BusinessSecurity

Nowadays, businesses need to consider two areas of security when planning how to protect their companies best. Cybersecurity and the risk of data breaches make protecting computer systems a high priority for many businesses. However, physical security should never be overlooked.

Small businesses, in particular, are often targeted by cybercriminals. This is because many small businesses fail to make cybersecurity a high priority, and are then left vulnerable to hackers. Ensuring that your company data is protected is vital. Otherwise, you are at risk of exposing both your client’s information and sensitive business information too.

Keeping your systems up to date with the latest security software to protect them from viruses can help. However, to further minimize the chances of a data breach, it is crucial to train your staff so that they can also help prevent data breaches from happening. Data breaches often occur as a result of human error. Make sure that everyone is aware that they shouldn’t share passwords, and should only have access to systems that they need to use. Staff should also take care not to click open suspicious emails, as these could potentially be phishing attacks.

Along with staying vigilant to the threat of a cyberattack, your business will also need to operate rigorous physical security measures too. High-value vehicles and inventory, make transportation businesses appealing to criminals, so it is essential to have intruder alarms and CCTV installed. Ensuring that all visitors to your business need to be signed in is crucial, too, to prevent opportunistic thieves from striking. Having security guards patrolling the premises is vital so that any potential security breaches can be dealt with immediately.