Even a small security breach can have serious consequences for a business. Beyond the financial losses, there could be compliance issues and reputation damage, which can take months in recovery. Yes, an incident management plan is important, but for businesses, the key aspect should be about simplifying cybersecurity with the organization with basic proactive measures. Here are the 7 critical steps every business should consider.
- Watchout for connected devices. Any device that’s connected to a network can be potentially hacked. Consider using firewalls for networked devices, so that you don’t have to deal with malware or a situation where you have cameras hacked by cybercriminals.
- Spend more on cybersecurity training. Employees need to know the threats and risks that they are dealing with, and it is highly important that a company spends on cybersecurity training and awareness programs. This may mean hiring security experts from time to time for workshops.
- Keep backups. Backups are a must when it comes to addressing concerns related to malware, phishing, and ransomware. With backups, it is possible to reduce downtime after a security breach. Consider creating schedules for backups on a regular basis for all relevant resources.
- Install antivirus and antimalware suites. When it comes to proactive cybersecurity, antivirus and antimalware products are really handy. Besides firewalls, these suites can detect and find all sorts of malware files and prevent an attack from happening in the first place.
- Update everything. Software, firmware, operating systems, browsers, and plugins- everything should be updated to the latest version. It is important to ensure that these patches are added and installed as soon as available, so that existing vulnerabilities are not exploited by hackers.
- Consider a bug bounty program. Although there are many pros and cons of bug bounty programs, these are handy and can be a good way of using the security community for the advantage of a business. Ethical hackers can find unseen and undetected vulnerabilities easily.
- Review your cybersecurity plans. From time to time, it is important to review and update cybersecurity policies and practices. While compliance is a factor, your cybersecurity plan should ideally address all the concerns that your business may face today or in near future.
Finally, when it is important, consider hiring cybersecurity expertise. If your business budget allows, consider taking cybersecurity insurance, which is a great way of minimizing liability in event of a security breach. Check online for best-rated cybersecurity practices followed by other businesses.