If you’re a business owner, cyber security is something you should take very seriously. In 2017 alone, 61 percent of U.S.-based small businesses experienced a cyber attack of some form. To keep your startup or established company from falling victim to cyber crime, you need to devote time and money to securing your online assets and information. Hackers change their tactics all the time, but here are a few ways you can protect your business from hacking attempts:
Use a Firewall
A firewall is typically the first point of defense against cyber attacks. The best firewall is specifically configured onto your network or device. Failing to use a firewall is a rookie mistake that can leave you vulnerable to cyber criminals. While a firewall can effectively block novice cyber attacks, more sophisticated criminals may be able to penetrate it. That’s why it’s important to maintain multiple levels of cyber security. Regulatory compliance services can help you identify weak areas in your security system while ensuring you build a system that’s both secure and compliant with regulations.
Use Two-Factor Authentication
When you have two-factor or multi-factor authentication in place, you make it harder for thieves to guess your logins and passwords. Two-factor authentication usually consists of a secondary code or password that you must enter after you submit your initial username and password. At a minimum, you should require two-factor authentication for every insurance and bank account login.
Receive a Cyber Security Assessment
If you feel lost or incompetent when it comes to securing your business online, it can be helpful to receive a professional cyber security assessment. Such assessments typically help organizations of various sizes evaluate their current security rating and evaluate areas that are weak and need to be built up or enhanced. Once you receive your assessment, you’ll have a better idea of where you should focus your efforts and budgetary power to put safeguards in place and thwart criminals who might try to break through your defenses.