Business Cyber Security Plan
We are all familiar that targeted attacks on businesses and establishments are on the rise. Are you aware that 40% of all cyber-attacks occurred in the past years were on small to medium businesses? Majority of business owners neglects to strengthen their cyber-security, having the notion that cyber-attacks can only occur in larger companies.
Assuring that you are secure online is as much as important as securing your business physically. You may think that it can be a burden or can be overwhelming for a small business owner, but in reality, it can be effortless and simple. The best way to defend your business against cyber-attacks is prevention. Establishing a cyber-security plan is the first step of being prepared for any attacks. A cyber-security plan is a documented planning tailored made only for your business. It outlines the proper and safe way of using modern technology in a business capacity.
HERE ARE THE STEPS TO HAVE AN EFFECTIVE CYBER SECURITY PLAN:
Know Your Employees
A recent study shows that human errors caused almost 90% of data leaks and breaches. It is vital to know or have some substantial information about your employees, vendors and other people who have access to some sensitive information. Verify any signs of unreliability, financial instability or suspicious behavior. A keen monitoring of any information going in and out of the company’s network is essential.
Know Your Data
By simply knowing and controlling what and where your sensitive information is stored is essential for a cyber-security plan to work. Access restriction to this data is the key to data security, giving just a need-to-know basis for your employees, limiting the necessary information to a minimum in order to perform the job responsibilities. Modify your employee’s access rights when changing the job responsibilities and terminating the access right as soon as the employment ends. Data encryption and other security features for any data’s that come in and out. Do a data analyzation regularly checking if your data is being handled as planned and verify if your data protection has not been breached.
Employees Training and Monitoring
Developing policies and procedures are pointless if you are not providing any training’s and seminars about the implementation of those policies and procedures. Data handling can be vital for your business. Negligence and lack of awareness are the main cause of data breaches and cyber-attacks. Continue to monitor the effectiveness of the training, and you can do a simple test on how well your employees understand the cyber-security plan.
Have A Concrete Password Strategy
Implement an effective password for your staff by using strong passwords that contain at least a minimum of eight characters with a mix of letters, numbers, and symbols. Changing it quarterly and developing a policy on sharing passwords with IT professional can be vital for password security. Most of the cybersecurity consultant recommends a two-factor authentication password for a more secure data.
Consider Getting Insured
Cybersecurity insurance is an evolving market. The level of insurance you can avail is determined by the type of your business and the individual circumstances of your clients.