The world of business tech is advancing at such a rapid rate and with it, cybersecurity is progressing massively. The improvements in technologies have their benefits, but the downfalls are that they are also helping out the hackers and criminals floating around the cyber world. The data security loopholes can be easily exploited with the tech know-how among cyber criminals, which means that as a small business, you have to be on the ball with your security. It’s an increasing worry with small businesses when it comes to data, because while you’re not a large corporation, you are going to be far more at risk than the bigger players in the industry. This is largely due to the fact that as a small business, you are less likely to spend your budget on increased IT security.
You can manage your data far better when you need to protect it and maximise your data security and this includes things like updated software, better technologies and preparation with your precautionary measures. When you are a small charity, data management software similar to what you can get from Global Faces Direct is so important for not only managing your donors but keeping their information as secure as possible in the face of a security breach. This goes for any small company; using an outsourced business to look after your data can do wonders if you are a victim of a cyberattack. The thing is, protecting data just doesn’t protect the data. It also protects the core of your business and the entire framework. If you’re not working to take care of your sensitive information, you’re going to leave your company open to people coming in and taking what is not theirs. With that in mind, here are five ways to maximise your data security and protect your business as much as possible.
Limit Access. While it’s nice to trust people with access to the sensitive data on your business server, this is not something that you should be giving out to everyone around you. A lot of organisations – including yours – likely give out privileged information to a large number of employees. Have you ever considered only doing this for the management team and those that ‘need to know’? Limiting the access to your sensitive data doesn’t just help your business, but it helps you to understand exactly who has the access to it. This can then be helpful in the incident of an internal security breach and makes it easier to narrow down a culprit.
Know What’s Sensitive. Businesses have a lot of data floating around out there, but if you don’t quite know what is classed as sensitive, then you should really start looking into that. This will mean that you have the right information when you need it and will give you the chance to allocate more security to that information as you need to. It may only be about 5% of your business data that is crucially sensitive, but it’s this information that could bring your business to its knees.
Prepare Security Policies. No one wants to think about what would happen in the event of a cyberattack but preparing your policies to mitigate you in the circumstances of it happening will be a huge help. It will impact your response to an incident as well as help you to carve out your reaction to extreme security breaches. You’ll also know which information has been breached right off the bat, helping you to manage your response.
Password Management. Every employee in every department of your company needs to have a strong password allocated to them by the system instead of allowing staff to choose their own. Sensitive data should be buried under lock and key, only accessible with passwords and multiple codes. Doing this can make a huge difference to the response time when a breach happens and can also help you to locate where things have gone wrong; whether internally or from the outside.
Back-Up. Regular security checks on your data as well as a regular backup (think daily!) is going to make life much easier for you in the event of a breach. You will be able to get your information back quicker and secure it so that it’s not wiped completely from the cyber universe.
Being a successful business means being awake to the issues that present when it comes to your data. You need to know the risks as well as the benefits of protecting your information.