Did you know that hackers can breach 93% of commercial networks? Additionally, hackers can penetrate a company’s internal network in an average of just two days. As cybercrimes continue to rise and become more sophisticated, businesses of all sizes and industries must have a strong security strategy in place to stay ahead of hackers. Now is the time to get serious about cybersecurity because attackers only need to succeed once to gain access to your data.
Data breaches can be costly and damaging; in fact, they cost companies an average of $3.92 million when they occur. Small and medium-sized businesses are also not immune to cyberattacks; in fact, they are. even more vulnerable to attacks. In addition to cyber incidents that lead to lost revenue, they can also lead to lost customers, reputational damage, operational disruptions, compromised data, and much more. Having a layered and multifaceted approach is the best way to mitigate these damages.
Here are some important things to consider when developing your multi-layered cybersecurity strategy or partnering with an IT provider:
If your business has expanded to the cloud, you need cloud security to protect your data. This implies any technology, policy, control or service implemented to protect your private or public data hosted in the cloud from external threats. IBM Notes that “organizations need cloud security as they move towards their digital transformation strategy and incorporate cloud-based tools and services as part of their infrastructure.”
A ransomware attack was estimated to have occurred every 11 seconds in 2021, based on analysis by cybersecurity companies. Ransomware attacks will continue to grow and evolve in 2022 and beyond. This type of attack occurs as a form of malicious software designed to block access to a computer or other device until a sum of money is paid. Often, the victim has a set amount of time to pay the cybercriminal before losing access to the data on their device. It’s important for organizations to implement IT best practices to help combat the growing threat posed by ransomware.
Email protection is critical for every business, especially since emails are a common place where a victim could download malware by mistake. There are a variety of ways to protect yourself and your team, including spam filtering, password policies, phishing tests, and more. It may also be worth considering implementing a virtual private network (VPN) or other secure remote work policies if your team has a flexible workplace policy.
Multi-factor authentication (MFA) is an authentication method that requires you to provide two or more verification factors to use an online app, account, or VPN. Instead of simply entering your username and password, MFA prompts you to enter additional information, such as a PIN, confirmation on your smartphone, or even a fingerprint. Since usernames and passwords are vulnerable to attack, enabling MFA adds an extra layer of security. It has even been shown to prevent 99.9% of hackers.
Data backup and recovery
To stay ahead of unexpected cybersecurity breaches, have a data backup and recovery strategy to protect your most important assets. Business continuity planning is vital to ensure your business continues to operate under a variety of disruptions. By preparing now, you can be confident that your business will be able to respond and recover quickly when disaster strikes.
Contact business automation experts for support
To help you with your cybersecurity needs, Business Automation Experts (BAE) is your strategic advisor when it comes to protecting your business. We offer a variety of cybersecurity services to meet your unique needs. Of data backups a ransomware protectionWe’ll help you protect your data, improve profitability and ensure business continuity.
The most unique thing about our security services is that we offer a Security Operations Center (SoC) in a box. These solutions can quickly identify unusual network behavior and respond with remediation in milliseconds. learn about us either schedule a free consultation To discover more. We are eager to discuss the best cybersecurity solutions for your business.