Life as a small business owner is never easy or stress-free. In today’s modern world, business owners are faced with more challenges than ever before and the most common concern of recent times is cyber security.
Many small businesses believe that they are free from the concern of being a victim of a cyber attack, but that couldn’t be further from the truth. In reality, more and more small businesses are being targeted by cybercriminals, simply because they know that the cyber security services and measures in place are going to be incredibly lax, or non-existent.
Small businesses are more vulnerable to cyber attacks and, if compromised, may find recovery much more difficult than a larger business. It costs around £11,000 for small businesses to recover from a cyber attack or data breach and, with around 26% of small businesses considering cyber security as a top priority, it’s not hard to see why they are a target. Even with this being said, many businesses still have weak cyber security defences in place, so let’s take a look at some tips to prevent your business from being vulnerable to cyber attacks.
Following the pandemic, a lot of businesses now focus on short term business goals, as opposed to long term goals. Many business owners simply can’t risk losing money again, or even their business completely, so instead work on a day to day survival plan. This means that long-term things, such as cyber security, often go on the back burner.
However, not paying attention to these things can potentially lead to the early expiration of a business. Being inadequately protected against data breaches, hacks and cyber attacks means that, should you fall victim to a cyber incident, the cost required to recover could put an end to your business.
Not having steps in place to protect the digital data associated with your business as a result of only having short term business goals can be putting your business at more risk of not being successful. Cyber security services provide a wealth of different resources to keep your business protected, from cyber incident response which speeds up recovery should your business be hacked or breached, to endpoint protection. Although this is often covered on a monthly retainer, it is well worth investing in, should the unthinkable happen.
90% of cyber attacks and data breaches occur as the result of human error. This means that it is vital to put steps into place which not only protect your business, but make your employees more tech-savvy too. One of the most common tactics used by cybercriminals is guessing or hacking people’s passwords. If your password is something as easy as “123”, then you’re essentially holding the door open for hackers to get into your network. Ensure that strong passwords and two-factor authentication are in place across all online areas of your business and ensure that they are unique, using a mixture of letters, numbers and special characters.