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The first three blogs of our cybersecurity and digital transformation series focused on the threats and security challenges faced by businesses when implementing a digital transformation strategy. In this concluding installment we will lay out the steps you can take to protect your company from potential attacks.
SMBs face a significant risk of cyber-attacks and security breaches. Businesses can take this steps to improve cybersecurity practices. A single attack can cause irreparable damage to the business. Therefore, it's essential for businesses to establish robust security practices to mitigate security threats to their infrastructure and organization. In this fourth and final installment of our cybersecurity series, we will lay out the best ways to tackle these challenges and threats.
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Preparing your business for potential security breaches may seem daunting, but there are many steps you can take to improve your security measures. Here are some ways to improve your business's cybersecurity practices:
Backing up your data on the cloud is an easy and secure way to ensure that your data is safe and accessible even in the event of hardware failure or corruption. Cloud storage is less susceptible to theft or damage than physical on-premise devices as cloud service providers offer firewall protection, making it a safer choice for data storage. Public and private cloud options are available to businesses of all sizes, and data can be accessed from anywhere with an internet connection.
Access control policies limit access to your business's critical assets. Avoid sharing user IDs for accessing systems and data. Instead, use unique IDs and login credentials to make it easier to track who is accessing your resources. Implementing automated Identity Access Management (IAM) systems helps streamline this task and eliminates a large amount of risk.
Humans are often the weakest link in the cybersecurity chain. It is essential that your employees and adequately trained in your more updated security procedures. They need to be equipped with the knowledge and skills to be able to identify and avoid potential threats. Without this, they may be more likely to fall victim to sophisticated phishing attacks, and unintentionally expose the company’s data or put it at risk of an attack.
User authentication is the process of verifying the identity of a user before they are granted access to a system or application. Multi-factor authentication creates a layered security system that requires employees to use a randomly generated one-time code sent via SMS or email in addition to their password to verify their identity. This type of security system protects your data by preventing unauthorized third-party users from gaining entry to business systems and websites.
Small businesses and their IT security teams can struggle to keep pace with their growing volume of technology and threats. A Managed Detection and Response (MDR) service is a cybersecurity service that combines high-end technology with human expertise to rapidly identify and limit the impact of cyber threats without the need to hire additional staff. This service monitors your systems and applications 24/7 to detect and respond to any security incidents.
In conclusion, improving your business's cybersecurity practices is essential to safeguarding your data and ensuring the continuity of your business. By implementing these security measures, you can help protect your business from cyber threats and avoid the devastating consequences of a security breach.
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