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Cyber Security Guide For Small Businesses – What You Need To Know

You have worked hard to build up your company and get it to the point it is today. It’s frightening to think that in the blink of an eye this could all be destroyed. The threat of a data breach is very real, and it is increasing every day, as cyber criminals become more intelligent and sophisticated in their approaches. Small businesses are becoming increasingly targeted, as hackers see them as an easy target. Did you know that 60 per cent of small companies experienced a cyber breach in 2014? And, on average the cost of a bad breach is between £65,000 and £115,000. Is this something your business could afford to come back from? Not to mention the damaged reputation and bad press that comes along with a data breach.

 

When it comes to cyber security, you need to begin by getting the basics right. A lot of cyber breaches occur as a result of employees, while this can sometimes be intentionally, most of the time it arises out of a lack of education, and thus they are making errors without even releasing it. This is why cyber security training is now an essential for all businesses. Aside from this, make sure you download software updates for all of your programs, as they will include critical security upgrades. You should also delete any suspicious emails, as they could contain links to viruses or fraudulent request, while it is imperative to use strong passwords, containing a mix of upper case letters, lower case letters, symbols and numbers.

 

These are just the basics; you need to align yourself with an experienced company if you are to ensure your business is fully protected. They will understand the risks your business faces, as there are many different vulnerabilities and weaknesses that can give cyber criminals a way in. Here at Retail Secure, one thing we do is look at the make-up of your network, as we will want to ensure all payment data is separated from other traffic, in order to restrict access and minimise the chance of a data breach significantly. At present, most small businesses have all of their data on an open network, and this is extremely risky.

 

It’s not just about protecting your business from a cyber breach; you need to have a risk management plan in place, which should incorporate strategies for what you should do if a breach does occur. This will ensure the impact is minimised and your business gets back on its feet as soon as possible. A company that provides you with security software and leaves you to it is not advised; you need to be sure that expert assistance will always be on hand, and updates are necessary too, as the Internet changes all of the time, and thus the threats to your data do as well.

 

The threat of a data breach is a very real one. Make sure your business is one of the forty per cent that doesn’t experience a cyber breach and take control of your security systems today. Your customers are relying on you.

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