How To Have A Cybersecurity Business Strategy

Statistics show that hackers most likely target small businesses. That’s why having a cybersecurity business plan is important. It’s critical to have that regardless of your business size.

Why Small Businesses Need A Cybersecurity Business Strategy

Small businesses must ensure that their data is safe from threats. If you are doubting if hackers will attack your small business, think again! 

Take a look at this study published in 2018. Hackers most likely target small businesses than larger ones. Furthermore, hackers use traditional methods such as email spam, phishing, and malware. The reason why hackers attack small businesses? That is because small businesses invest less in developing a strong cybersecurity business strategy.

How To Setup A Cybersecurity Business Strategy

Wondering where to start? We have compiled this step-by-step guide in developing a cybersecurity business strategy.

Assess potential risks

It’s important to take time in evaluating the location of cyber weaknesses in your business. You have to do that because every business has different weaknesses. Otherwise, it won’t be clear to you how to best protect your business from hackers. 

Moreover, you might end up spending valuable resources on a plan that does not fit your needs. Furthermore, ask these questions to yourself:

  • What sensitive data do you keep?
  • Who can access that data?
  • Where do you store it?

  Those are just some examples. Self-evaluation helps you invest in proper areas.

Educate employees

You need to train your employees on security awareness. That is important because they have access to your network. You must not skip this step. Indeed, good performance and attitude are essential in the workplace. However, your business will take the fall if your network gets breached.

Educate them to recognize suspicious emails. Additionally, tell them to use strong passwords on all work-related devices. Moreover, inform them to not log-in from unsecured locations. There are still many tips to teach your employees. Your employees can act as the first line of defense when properly trained.

Back-up important data

You should have your important business data backed-up on a regular basis. Back those files up on an external location such as cloud storage. Important files to back-up include:

  • Financial data
  • Spreadsheets and databases
  • Designs
  • Plans
  • Blueprints, and etc.

Having your data backed-up is extremely useful in case you suffer from a data breach.

Keep systems and software up-to-date

Many businesses ignore this step. If you regularly click ‘Dismiss’ on that software update, please stop doing that. Furthermore, take the time in updating your system update. Those updates patch the holes hackers may slip through.

Sacrificing five minutes of your time for updating is nothing compared to days or weeks of recovery from a data breach.

Protect your Wi-Fi network

Furthermore, having your Wi-Fi network unprotected gives hackers direct access to your data. There’s no reason to not secure your network. That is because doing so is easy. Make sure that your Wi-Fi is password protected. Moreover, encrypt it and make it undiscoverable to third parties.

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