Protect Your Business Interests With Cyber Security
While we keep talking about the achievements and the massive size of Fortune 1000 companies, we need to keep in mind that it is the small businesses which continue to remain the most important aspect of the country’s economy. As far as the USA is concerned, we should bear in mind that around 30 million small businesses are operating in this country. They employ almost 50% of the total workforce of the country. Therefore, we need to give the importance small business deserve. However, we also need to understand the challenges and problems which are being faced by small businesses.
On the one hand, the intense competition that these small businesses are subjected to by the big transnational organizations is indeed a big challenge. On the other hand, small, medium, and even big sized businesses also face cyber threats, and many of them have fallen victims to it. The rate at which this is happening is quite alarming.
The Importance Of Improved Cyber Security Measures
Because of the real threat and danger emanating from this area, there is a need to protect your business interests with cybersecurity. However, a mere statement of intent will not work on the ground, and this has to be matched with action on the ground. Hence, we will try and have a look at the various things which can be done to increase cybersecurity in general and look at it with particular reference to small and medium-sized organizations.
There Is A Real Fear Of Recession
Unless the problem of cybersecurity and the risks that it poses to small and medium enterprises is addressed urgently, it is quite possible that we could be entering into a phase of recession, as far as this country is concerned. Previously, all recessions were top-down. In other words, the big names crumbled, and this led to a massive deflation of the economy and resulted in job losses and other such problems.
Experts, however, feel that now the challenge of cybersecurity could force many small and medium businesses to go broke and therefore, recession this time around could be bottom-up instead of being top-down. Hence, let us look at some of the most common ways and means by which cybersecurity can be increased for small business. These are simple steps and could go a long way in protecting the businesses from the threat of cyber attackers.
Importance Of Using Strong Passwords
It is always better to choose a strong password combination. It should contain a combination of upper case letters, lower case letters, alphabets, and special characters. The passwords should be between eight and twelve characters long. You must try and avoid personal data as a password. Understand the need for changing passwords regularly. Never use the same password for multiple accounts. The benefit of using two-factor authentications should also be kept in mind.
Put Up A Strong Firewall
Firewalls are effective gatekeepers between the internet and your computer. Firewalls protect the sites from malware, viruses and other such unwanted things. Have the right control access in place.
Control access could go a long way in preventing different types of cyberattacks. You would do well to have well defined and well thought out control access protocols. For example, controlling physical access to a computer network and the premises where they are located, is a simple yet highly effective step. You also must try and restrict access to unauthorized users. Access to data, information, and services must be restricted with the help of effective application controls.
The Importance Of Security Software
You must not underestimate the importance of security software. These include spy-software, anti-virus software, and anti-malware software. They keep your system safe and help to identify and remove malware and other malicious software before they can cause any damage.
Regular Updating Of Programs And Applications
We often tend to ignore the importance of regular updating of various applications and programs that we are using. This should be avoided because updating is a normal process, and such updates come with increase security features and other such things. They help in keeping your system and website safe from bugs and other vulnerabilities. Many small business houses have fallen prey to cybercriminals because they have been lax in updating of applications and programs.
Hence, you should always be proactive when it comes to protecting your business interests from various cybersecurity threats.