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Cyber security is often a crucial aspect of your business that is overlooked. Here are six reasons why you shouldn’t take cyber security for granted…
The cyber landscape is full of threats and if you are lax in your approach to preventing such threats, you leave your business exposed to bad actors with the intention to destroy your business in it’s entirety. Just because it hasn’t happened to you, it doesn’t mean it won’t.
Client Trust (Cyber Essentials) – This accreditation shows that you have an understanding and basic level of protection against cyber threats. There are minimum standards that you will need to adhere to to qualify for this certification, but it proves to clients with whom you deal with that you are capable of keeping your house in order, so to speak. Things like implementing regular updates and strong password procedures into the way you work can benefit you in achieving a Cyber Essentials accreditation. For those looking to complete an advanced completion of such accreditation can look at Cyber Essentials Plus.
Client Success – In addition to data, your clients are your most important asset. Having them know they can depend on you to look after your own systems and data as well as theirs will be fruitful for long lasting relationships and continual growth and success for both parties. Not only will you be setting an example by being cyber-ready, but you will also be demonstrating your aptitude to all things related to Cybersecurity.
User Training – Education is paramount when it comes to providing your users with the expertise needed to help identify potential issues with your cyber estate. Giving them the tools to identify what is good and what is bad is useful. In addition, continual knowledge checks should be in place to ensure that user knowledge is still in place and in practice. Whether it be online training or in-person workshops, you should be willing to take care of your staff when it comes to their work education.
Infrastructure – Cybersecurity is benefited by a solid infrastructure of hardware and software that enables you to work without disruption. Preventative measures such as the utilisation of a firewall and other security hardware (as well as software), mean you don’t have to solely rely on individual vigilance. These systems work well together to form a network of security measures and protocols that will try and identify threats before they reach you, releasing some risk. By intercepting such threats using a layered process, it prevents a constant stream of bombardment from reaching you. Having this infrastructure in place is important as it exposes you to less risk and relies less heavily on your staff to prevent threats from becoming problematic. This piece of mind means you can spend less time fretting about the security of your business and more time working, knowing that your defences are well served to keep you protected.
Risk Mitigation and Management – You need to make sure you have protection against the worst, and by planning for risk, you are potentially softening the proverbial blow so to speak. Risks can be mitigated by a lot of the above infrastructure. Two main products you can take advantage of for Risk Management are DLP & BDR. DLP (Data Loss Prevention) is a tool that will analyse outgoing traffic from your business, detecting if any sensitive information is trying to leave the business. This will then provide a warning to say that you may be sending such data to a dangerous source, and give you the option to turn back. This is by no means 100% foolproof, but can provide that extra buffer that stops important data flooding out of your business and into the hands of cyber-criminals, thanks to unsuspecting staff members. Secondly, with BDR (Backup & Disaster Recovery), this is a recurring backup solution that provides flexibility when it comes to taking snapshots of your business’ data. By generating regular copies of your data, BDR makes it easy to roll back to a recent copy of what your business was working on, so in the case of a complete company meltdown, you can be back up and running again in a matter of minutes. If you think about how valuable data can be in this day and age, BDR is an incredibly crucial and powerful tool.
Damaged Reputation – if you fall victim to a breach, your business will suffer in more ways than one. Preventing excessive downtime for your business is important in making sure that a big problem doesn’t turn into a huge one. Having a breach or general downtime in your business will already be affecting you in terms of both financial cost and company reputation. Reducing the effects can be the difference between remaining afloat and falling apart. Interestingly, on average it takes 66 days for a company to recover from an attack. As with many Cybersecurity related risks, many people take them for granted until a catastrophic event occurs, at which point people can start to fret wildly. If you have a sensible amount of provision, infrastructure and staff learning in place, you stand a better chance of reducing the impact an event such as a Cybersecurity attack can have.