Posts

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.

Where Professionalism Is Important In Running A Business

StrategyDriven Entrepreneurship Article |Professionalism in Business|Where Professionalism Is Important In Running A BusinessSure, you can be as free and liberal with your brand as you want; you can present a silly and non serious front, or you can present a laid back and easy going front. Branding is all about what you want it to be, and who you want to attract!

But even with this in mind, even with the kind of customers you’re pulling in, when it comes to certain areas of running your company, there are quite a few factors in which you’re going to have to be professional. Here are three key components of business that require you to be skilled, experienced, and professional in your manner.

In Customer Security

Your customers need to feel secure when they’re shopping with you. They need to know their payment details are safe and will never fall into the wrong hands. And seeing as you’re the retail portal they’re relying on, this is up to you.

Both online and offline, you need to be professional about security. Sure, you lock up your shop and make sure there’s no cash in the till at the end of the day, but what about your website? Is it even encrypted, when the time comes to put in card details to pay for items? It’s time to check on that.

In Shipping and Delivery

You need to be very professional about the way you pack, ship, and deliver any and all products and services. You need to have a safe and secure way to get your packages from point A to point B, and without professionalism to guide your way, there’s a good chance your delivery options will be subpar for the time being.

It’s why you might want to look into courier services; this will allow you to have more control over the process, be able to bundle your shipping needs, and with a handy Transport Marketplace to make use of, you’ll have a surefire way to chop and change your delivery services as you need to. There’s nothing quite like speed to show off your professionalism!

In Running Your Sales

And finally, you need to be very professional about the amount of sales you’re bringing in. After all, when it comes to building a customer base, and then ensuring you’ve got plenty of return sales to make profit off of, you need to cast a sure and professional eye over your books.

And being able to balance your books is another area that requires professionalism; if you can’t do it yourself, be sure to outsource your issues here to a trained and experienced accountant. Bring in the skills you need to ensure there’s plenty of professional talent behind the scenes, and your business will steadily climb up the profit margins.

Professionalism is something every single business needs. If you’re not sure about what you can manage in terms of bringing the right experience to your customers, make sure you’re working behind the scenes first, and then brand yourself second.

What Motivates You In Your Business?

StrategyDriven Entrepreneurship Article | What Motivates You In Your Business?What motivates you in your business? What do you strive to accomplish? Answers to these pivotal questions reflect the character and personality of the business owner. As a woman of Asian ethnicity, an immigrant, in a highly competitive, male-dominated printing and publishing field, my answers rose to the surface after receiving discriminatory and stereotypical mistreatment while on the job. Instead of defeat and victimization leaching and sucking the life out of me, I chose to rise above. Discrimination motivated me and I pushed harder, worked tirelessly, looked past boundaries, dug into my creativity, and became a top salesperson in the first company, and opened a business in the printing/publishing field with my specific niche some years later.

I left that traditional printing company to start my own printing business TSE Worldwide Press, Inc., and in that process, realized as an entrepreneur I had to reinvent myself. My beginning in printing coffee-table style books of the highest quality caliber stood above my competitors in the field. My ability for meticulous precision, to spot issues and correct them quickly and before printing, gave me the business edge.

Entrepreneurship excites and invigorates me. As a graphic artist, to create products and services with ingenuity starting from zero to completion thrills me and makes me more than satisfied to have left the “traditional” behind. The ability to take a client’s dream, an image in their heads, and fashion it into a completed product while solving problems along the way, makes my life work fulfilling! I knew I had struck gold when my products sold out repeatedly, and my customers kept reordering. Their feedback crucially contributes to my achievements. Customer feedback should be carefully listened to and learned from. This may make or break your business.

However wonderful operating my business may be, there are times in which I am left wondering what had I done wrong. Jumping feet first into this opportunity, I felt like I would drown. The fear of the unknown, lack of experience, lack of strength caused problems at the beginning. I suffered huge losses from not knowing how to handle dishonest customers. The difficult realization that “honest” customers turned into “dishonest” customers, those who took advantage of my naivetés and trustworthiness, eventually toughened me up. I learned to listen to my gut, which would warn me, and to advisers, friends, family, business associates who gave input into my life. I constructed guidelines, terms, procedures to protect my company and myself, and became increasingly selective of customers. I also made the same choices for hiring employees. Not only did these steps accelerate my business, they accelerated my personal growth. In addition, I learned to stop and take a break, and implement self-care. The temptation to overwork increases as passion increases, but soon you find yourself burnt out. Solve the question, where do I want to go? Find a mentor or two who will guide and give input into your life. On my website, I include tips for new business professionals looking for guidance.

Today, my definition of success focuses on helping others succeed. The joy I receive when my happy, satisfied, and financially successful customers see their dream project become reality compares to no other. Furthermore, it is extremely rewarding when my staff members and employees excel under my mentorship. Corporately, as a group, we contribute a section of our revenue to charity in giving back to the community which supports us. These define success for me.

My advice to new entrepreneurs: find a passion, a trade, that you genuinely enjoy and that does not feel like work. Think of something that you absolutely love to do and make a product out of it. Ask for input about your ideas from family, friends, people who know you well in business and as acquaintances, to obtain an objective perspective. If you are a female entrepreneur, take any negativity and obstacles thrown at you and use them as opportunities to improve yourself. Those who doubt you now will one day respect and trust you. If they do not in the future, put them aside for they are not worth your time or energy.


About the Author

StrategyDriven Expert Contributor | Sarah Y. TseSarah Y. Tse is founder and CEO of United Yearbook Company and co-founder and CEO of TSE Worldwide Press. Her new book is 7 Years on the Front Line : True Stories and Tough Lessons about a Small Business that You Won’t Learn in a Classroom.

For more information, please visit www.sarahytse.com or www.tseworldwidepress.com.

How Selling Online Can Save Businesses Post-COVID

StrategyDriven Online Marketing and Website Development Article, How Selling Online Can Save Businesses Post-COVIDIn a post-COVID world, we’ll all be looking at buying and selling very differently. The ongoing global health crisis has really shown businesses that can pivot to new ways of working will be the businesses that survive, and those that don’t will be the businesses that fail.

We’ve all seen the news stories, and we’re all concerned about the impending financial crisis that is likely to hit the country, so what can we do to mitigate the fallout?

The secret to success will be to move business as online as possible, and if you sell products, then selling online will be vital to ensuring that you can weather the storm that is coming.

When brands don’t sell online, it can cost them millions. Take British clothes retailer Primark; for example, due to having no online selling presence, they lost approximately £284 million. In contrast, the British public was unable to visit the store during the lockdown. Still, interestingly, Primark’s complete avoidance of the online marketplace has left a gap that others will happily fill.

Primark clothing soon turned up on Amazon through resellers and at a premium too!

Fill the Gap

As an entrepreneur, you can only look at that story with dark amusement, but you must also see the benefit here, you can sell almost anything on Amazon and use it to turn a profit, but how exactly can you do this?

The best way to get into selling on Amazon is to use a professional Amazon marketing agency like Nuanced Media. Trying to navigate the Amazon seller sphere all on your own will be time-consuming, confusing. It will probably lead to you not achieving your goal of financial freedom and possibly financial independence with an Amazon store.

Starting Your Financial Freedom Journey

Marketing agencies like Nuanced0020Media understand how the platform works -for buyers and for sellers- and they will guide you through the process of creating your account, setting up your store and what to sell, and how much for.

Do you want to sell your own branded products (Private Label), or are you happy to find products you love at wholesale prices and sell them on for retail prices? The latter is probably the most popular option on Amazon, especially for businesses looking to get into online selling, and allows buyers to buy products they know and love, but pay you instead of another one of the bigger online sellers!

NathanIves.com Digital Products Platform Online Training Program


Gaining financial freedom from your job or work can be really empowering, and for companies that are concerned about taking the hit for the Coronavirus outbreak, pivoting the business model of selling online can be an absolute career saver for many small businesses.

It’s easy to get set up on Amazon, and you’ll be backed by their customer help team who are fantastic. One of the biggest bonuses of using the Amazon platform is that it’s so widely used by shoppers all over the world, so you could be connecting to anyone from anywhere!


About the Author

Ryan Flannagan is the Founder & CEO of NuancedMedia, an international eCommerce marketing agency specializing in Amazon. Nuanced has sold $100s of Millions online and Ryan has built a client base representing a total revenue of over 1.5 billion dollars. Ryan is a published author and has been quoted by a number of media sources such as BuzzFeed and Modern Retail. To connect with Ryan, check out @Ryanflannagan on Twitter or via Linkedin.

Building A Team Without Taking On Employees

StrategyDriven Managing Your People Article | Building A Team Without Taking On Employees

Getting to the stage when your business is ready to start building a team can be a great achievement. Not only will you have already proven yourself and the concept that your company is built upon, but you will also be getting to the point that you can feel secure in your business. Of course, though, taking on employees is extremely expensive, often taking up the vast majority of a small company’s resources. This doesn’t have to be the case in the modern world, though, and this post is going to be showing you how to overcome this sort of issue with a business of your own.

Freelancers

Freelance work has been increasing in popularity over the last couple of decades. With the web enabling people to work at home and look for opportunities outside of newspapers and job adverts, it’s become easier than ever to take on a team that you don’t have to directly employ. Tools like Snupit make it incredibly easy to find freelance employees without having to spend weeks searching for them. Thousands of workers are on sites like this, making it much easier than you might expect to find freelance workers that won’t come with the cost of hiring someone.

Remote Employees

While permanent employment is an expensive game for businesses, looking at the idea of remote employees can be a good way to save some money. You will still have to pay to hire them, including things like pensions and health benefits, but you won’t have to fork out the costs of additional office space. People are getting more and more used to working at home, making it a great time to start looking for employees that can work from their own place. As time goes on, this sort of work routine is only going to get more popular, especially if companies continue to push for it.

Service Businesses

Service businesses make it possible to have the jobs that you would usually hire someone for covered by someone else. There are companies that can handle your marketing, web design, tech support, and a wealth of other services that you would usually have to hire a dedicated employee to handle. Not only does this make it cheaper to run your business, but it also gives you the chance to improve your productivity without having to hire more people to work for you. It’s always worth reading reviews before you choose to pay for something like this, with many companies offering very different levels of service.

With all of this in mind, you should be feeling ready to take on the challenge of building a team without employees. This sort of process can be tricky, with many companies finding themselves struggling when they can’t afford employees but need to take on a team. Thankfully, though, the modern world has you covered.