10 Cybersecurity Essentials for Your Business.

Over the past few decades, technology has become an integral part of running businesses. It is used in email communication, financial transactions, collaborating work documents and professional networking. Companies rely on technology for the successful execution of their activities. While businesses have embraced the incorporation of technology in their operations, they also invite the challenges that come with technology. Organizations are under constant cybersecurity threats associated with the use of technology. When cybercriminals get unauthorized access to business information, they can use the acquired data to commit a crime or sell such information to another business competitor. Therefore, there is a need for a business to employ mechanisms that help them stay ahead of the different cyber threats. In this article, we will look at 10 Cybersecurity Essentials for Your Business.

Multi-factor authentication

This is a security mechanism that requires more than one method of authentication from different categories of credentials to verify the identity of a user to allow them to have a successful login or access to information. It combines two or more different credentials such as what the user has, what the user knows and what the user is. The main objective of multi-factor authentication is to create a layered defense and to block any chances of an unauthorised user from gaining access to a computer system. If one of the factors is broken, the attacker has still a different one to breach for them to penetrate the system.

 

Software updates and patches

Many applications have security loopholes called vulnerabilities. Attackers exploit these vulnerabilities to inject malware into a computer.  After the computer is infected, the attacker can spy your activities or steal valuable information without your knowledge. Application developers are continuously testing software from the moment it is deployed to the market to identify security flaws. When a vulnerability is identified, the developers come up with code patches to block the detected loopholes and release them to users in the form of updates. It is, therefore, crucial to keep all applications used in your organization updated to reduce the chances of hackers penetrating your security system.

 

Backup and recovery

Regardless of the size of a business, data plays a crucial role in running it. The loss of business data can have severe financial implications. Cybercriminals are continually targeting business information either to take control or to compromise it. When attackers manage to gain access to data, they can encrypt the information and demand for ransom to release the information. For this reason, it is imperative to have daily backups of information to cushion yourself from ransomware or other types of malware that could crumble business operations.

If your business is faced with an attack, you can restore the last backed up information and resume with operations.

 

Educate users

The rising cases of security breaches require businesses to educate their employees to help in protecting against cyber threats.  In today’s business setups, nearly every employee interacts with an organization's device connected to the network. Since these are the gadgets used by attackers to introduce malware to a computer system, workers need to be educated on how to prevent the attacks.

 

Use next-generation firewalls

Firewalls are the standard security mechanisms for many businesses to control the information going in and out of the organization's network. However, as cybersecurity threats advance each day, traditional firewalls get breached by hackers. Next-generation firewalls overcome this challenge to offer increased protection. A next general firewall is a third-generation firewall technology implemented in either software or hardware able to detect and prevent sophisticated attacks through enforcing security policies at an application’s port and protocol level. These firewalls offer security services such as:

  • SSH and SSL inspection
  • Application awareness
  • Packet filtering
  • Virtual private networks
  • Deep packet inspection
  • URL blocking

 

Restrict administrative privileges

Administrative privileges ensure that only users with administrative roles can authenticate actions like installation of software. This helps to prevent installing an application with embed malware which could put the business data in jeopardy. In return, your business is protected from different forms of malware.

 

Application whitelisting

In application whitelisting, you specify an index of approved applications authorized to be present or installed in a computer system. IT administrators implement application whitelisting to protect computers from potentially malicious apps. You can also offer more flexibility by providing an index of approved application elements like software libraries, configuration files and extensions.

 

Testing your system

A business can improve its security system by establishing policies and practices for carrying out regular vulnerability and penetration test to detect security loopholes within and outside its network.          Penetration testing helps you to determine security weaknesses before the real attackers do. Since attackers keep on testing for flaws, a business should continuously test its security system.

 

Control physical access to systems

Unauthorized people should not have physical access to your computer system. If you outsource technical services, it is advisable to have someone from your organization supervise the outside sources. Also, you should keep core network components safe and only accessible by authorized employees.

 

Secure your Wi-Fi

If you have a wireless connection, ensure you use WPA2 or a higher encryption standard to reduce the chances of attackers infiltrating your network. Also, the Wi-Fi password should be strong and changed regularly.