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8 cyber security tips for small businesses

Eight cyber security tips for small businesses.

An importance of cyber security has been widely spoken about within the last couple of years. Rapid digitalization boosted by pandemic has dramatically increased cyber risks and shifted business owners’ priorities towards sensitive data protection and getting resistant to ransomware attacks. Unfortunately, lots of small- and mid-sized business still underestimate cybersecurity risks. Quite often they regard their business as too small to become a hackers’ target and such perception creates a false sense of security. In fact, SMB’s are more vulnerable to damaging cyberattacks. About 53% of small- and mid-sized companies become unprofitable within just one month after losing access to critical data and business applications.  

So, the threat awareness is the first step to reliable security. What’s next? 

Use our tips to assess your company’s cybersecurity readiness. 

Checklist “8 cyber security tips for small businesses”:

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1. Invest in the right cybersecurity tools.

Having the right hardware and software tools in place is the first step to reliable cyber security. Remember, that the most expensive tools are not necessarily the best choice. You need to focus on choosing the right fit for your company’s needs.  

2. Develop BYOD (bring your own device) policy.

BYOD policy defines an IT security basics and requirements for connecting to company’s network from personal employees’ devices. It aims to minimize risks related to unauthorized use of company assets from outside which might cause the damage, loss, or misuse of sensitive data.  

3. Elaborate a disaster recovery plan.

It outlines a process and interrelation of multiple events, responsibilities, and accountability in a time of crisis. Disaster recovery plans should include the routine practice of restoration and recovery. 

4. Limit access to your sensitive data.

Use access control management system for granting permissions to selected users only. Make sure your employees have access to data they need to carry out their daily responsibilities. 

5. Invest in regular cyber security trainings for your team.

Statistically confirmed that people are the weakest link in any cyber security chain. To reduce the risk of data breaches, educate your employees on the types of cyber threats they may face and the ways of countering them. 

6. Require your employees to use secure Internet connection only.

Unsecured, free public WiFi is exposed to online vulnerabilities and should be avoided by any means. Additionally make sure your corporate network is well-secured and using a virtual private network (VPN) obligatory when connecting remotely.

7. Don’t ignore firewalls.

Despite firewalls have been around for decades they still are at the forefront of the cyber defence. Ensure your firewalls are up to date, patched and set up properly. 

8. Create backups regularly.

Automate your backups and remember about the „3-2-1” rule. It states that you should have 3 copies of your data (your production data and 2 backup copies) on two different media with one copy off-site for disaster recovery. 

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