12 Ways To Protect Your Business From A Cyber Security Attack

Monica Morris • Jan 10, 2018

Each year more and more businesses of all sizes are suffering from cyber breaches.  The big names Equifax, Yahoo, Anthem, eBay, JP Morgan Chase, Home Depot, Target and Adobe to name a few grab all the attention. But, don’t be fooled that it only happens to these big businesses.

The latest surveys show that small businesses need all the help they can get. In the last 12 months, hackers have breached half of all small businesses in the United States, according to the 2016 State of SMB Cybersecurity Report . Small businesses, which often don’t have the revenue to afford their own IT departments, are especially susceptible to phishing attacks via email or fraudulent activity happening in their e-commerce shops.

It is impossible to predict who will be affected by such an attack and when, but 97% of the breaches could have been prevented with today’s technology. Below are the 12 ways you can take action today to reduce your chances of becoming a statistic.

1) Routine Security Assessments

Conducting routine security assessments is a great way to keep all parties accountable for the security requirements of the business.  Engaging with a 3rd party to conduct internal and external security assessments is a great way to shore up vulnerabilities within your business. Making this a daily, monthly, quarterly routine process is key in catching anything that might have changed without proper oversight and approval.

2) Email Filtering Protection

Advanced email filtering can prevent the threat before it reaches your end users, acting as the first line of defense.  This would involve blocking emails, scanning attachments, and links and then removing any threats. The number one method bad actors use to infect businesses with Ransomware is email. It has been reported that 93% of phishing emails are now ransomware .

3) Give your Users Powerful Passwords

Weak password policies are a surefire way of inviting in multiple data security issues, including Ransomware. According to the key findings on the 2016 state of SMB Cyber Security report, 59% of SMBs have no visibility into employee password practices and hygiene, and 65% of SMBs that have a password policy do not strictly enforce it.  It is apparent that password policies for small and medium businesses in the United States is at a crisis level.

4) Cyber Security Awareness Training

How susceptible is your business to being phished? This is a metric based on your employees email savviness that can and should be tracked at all businesses. Did you know that global spending on security awareness training for employees is predicted to reach 10 billion by 2027?  Businesses should think of Cyber Security awareness training as a requirement for new employees during their onboarding process.  If implemented, you will see phish-prone percentages go from 15 to 20 percent down to one to two percent after a year.

5) Advanced Endpoint Protection

Advanced endpoint protection is night and day from basic anti-virus. Advanced endpoint security solutions take a multi-level approach to protecting computers and servers. For example, advanced antivirus utilizes machine learning, behavioral heuristics, is a low impact on computer resources, has the ability to protect against threats from email, browsers, files, URLs, ads, apps and all in real time. In addition, if Ransomware were to get on a computer protected by advanced endpoint protection software, you have the ability to rollback any changes restoring all files to their uninfected state.

6) Enable Two-factor Authentication

Passwords are convenient, robust and tried-and-tested when it comes to securing your online presence and digital data. However, the main downside is their susceptibility to being stolen utilizing spyware or through trickery. The use of two-factor authentication (2FA), however, is an excellent defense against account compromise even when the bad guys have your passwords. 2FA adds another zone of protection after your password, usually by linking one factor (your password) with a secondary factor such as a rotating code on a physical device or a text message/verification code sent to your cell phone number.

7) Update Your OS

The WannaCry ransomware targeted computers using outdated versions of the Windows operating system. It is critical to keep your software updated and to download security patches when they are updated. Manufacturers stop supporting outdated operating systems after ten years or so. This will be well publicized, and users should follow the instructions of the manufacturers to ensure their devices are secure as possible.

Do not ignore that prompt from your software provider to update!  Software providers regularly improve and fix vulnerabilities in their рrоduсtѕ, so updating and having the most current system in place gives you the best chance to prevent hackers from manipulating vulnerabilities.

8) Dark Web Research

The Dark Web is easy to find. With the appropriate tools and a stomach made of steel, anyone can access and scan the internet’s underbelly. Lurking under cover of the clear web—sites we browse every day with traditional search engines and web browsers —are indeed black markets loaded with stolen credit card information, black hat hackers, and human and drug traffickers. We scan the Dark Web and take action to protect your business from stolen credentials that have been posted for sale.

9) Business Class Firewall or Security Appliance

For many SMBs, security appliances also known as unified threat management (UTM) devices are the most functional, manageable and upgradeable devices. Notable UTM appliances can be found from many vendors such as Cisco, Fortinet, SonicWall, and WatchGuard. The UTM concept is based on the assumption that a combination of security solutions bundled in the same appliance creates a better security umbrella for organizations.

10) Encrypt Files and Portable Devices

While there are many benefits to portable devices such as mobile phones, laptops, tablets and USB devices, they inherently create security risks of data getting into unauthorized hands. For many of these portable devices, there are already built in methods for securing the data with encryption. Let’s face it, there will be a time when a portable device gets misplaced or worse, stolen. Having encryption on these devices that go missing for whatever reason will give you peace of mind that your data will not be stolen or used with bad intentions.

11) Update Your Backup Process

Long gone is the time where overnight backups every 24 hours is adequate for proper data protection. A quick and easy fix? Increase your backup frequency. To minimize downtime connected with an outage, you should be backing up in 15-minute increments. Your answer should be able to set policies and procedures on those backups alert the administrator to any errors and faults.

Also, to defend against ransomware, data should be safely stored both on-premise and off-site. Also, you want to ensure that you shield all of the servers in your environment, whether they be virtual or physical, with the same level of security. You may instinctively concentrate on mission-critical applications like Exchange, Microsoft SQL, and your financial systems, but do not overlook those file servers that are also susceptible to attack.

12) How Cyber Insurance Can Help

If a company falls victim to a cyber-extortion event, the costs can quickly escalate. In general, cyber insurance can help offset many of the costs a company might incur, including:

  • Hiring a security firm: The costs and fees of hiring a security firm to evaluate an extortion threat can be significant. Cyber insurance can offset costs to determine the severity and validity of an extortion threat.
  • Managing Public Relations: It is the state law in California that if you have a big enough Cyber Security breach that you have to make the public aware.  Managing the reputation of your business that you have worked so hard to build can take a lot of time and money after a Cyber Security Breach. Most Cyber Security Insurance policies will include resources to help with this task.
  • Reward adjustments: Victims sometimes need to offer a reward to gain information leading to the imprisonment and conviction of the invader. If an external informant’s identification of the invaders leads to their capture and conviction, cyber insurance can potentially cover the reward payment.

In Conclusion…

It is impossible to predict who will be affected by such an attack and when, but by utilizing the 12 ways listed above it will greatly reduce your business’s vulnerability to be impacted by a Cyber attack.  The first step is to use these 12 ways to audit what you currently have in place at your business. Once you know your deficiencies you can then start planning to shore up the areas you need to. Of course, if this still feels like a major uptaking to tackle then, by all means, give us a call at 760-454-0140 and we can help. 

Fort Wayne Indiana downtown
05 Jan, 2024
In an era where digital transformation is at its peak, businesses are increasingly vulnerable to cyber threats in Fort Wayne, Indiana. With cybercriminals becoming more sophisticated, local companies must avoid these threats to safeguard their digital assets. As cybersecurity experts, SDTEK is dedicated to helping Fort Wayne businesses fortify their defenses against these ever-evolving threats. Understanding the Cyber Threat Landscape in Fort Wayne Like many thriving urban areas, Fort Wayne is home to a diverse range of businesses. The variety of enterprises here makes the city a vibrant economic hub, from bustling tech startups to established manufacturing companies. However, this diversity also makes the area a target for cybercriminals. The most common threats include phishing attacks, ransomware, data breaches, and malware. Small and medium-sized businesses (SMBs) are particularly vulnerable, often due to limited IT security resources. Recognizing these threats is the first step in building an effective defense strategy. Why Cybersecurity Matters More Than Ever for Local Businesses The consequences of cyber attacks can be devastating. They can lead to financial loss, damage to reputation, and legal implications if customer data is compromised. In today's interconnected world, the fallout from a security breach can extend far beyond the immediate damage, impacting customer trust and business continuity. Tailored Cybersecurity Strategies for Fort Wayne Businesses At SDTEK, we understand that there is no one-size-fits-all solution to cybersecurity. This is why we offer customized security strategies that cater to the specific needs of Fort Wayne businesses. Our approach includes: Risk Assessment: Evaluate your business's particular risks, considering factors unique to your industry and operational model. Employee Training: Empowering your staff with knowledge and best practices to recognize and prevent potential cyber threats. Implementing Robust Security Measures: This includes firewalls, anti-virus software, and secure Wi-Fi networks tailored to your business's specific needs. Regular Monitoring and Updates: Continuously monitor for threats and keep your security systems up-to-date to combat new and emerging threats. Best Practices for Cyber Hygiene In addition to tailored strategies, there are general best practices that every business in Fort Wayne can implement: Regularly update software and systems to patch vulnerabilities. Use strong, unique passwords and consider multi-factor authentication. Regularly back up data and store it securely. Establish a clear policy for handling sensitive data. Collaboration and Continuous Learning Cybersecurity is not a one-time effort but a continuous process. Collaboration between businesses and cybersecurity experts like SDTEK is crucial. We encourage Fort Wayne businesses to engage in local cybersecurity forums and workshops to stay informed about the latest threats and defenses. Conclusion In Fort Wayne, staying ahead of cyber threats is essential for the longevity and success of your business. By understanding the risks, implementing tailored strategies, and practicing good cyber hygiene, local businesses can significantly reduce their vulnerability to cyber-attacks. At SDTEK, we are committed to partnering with you in this journey, providing the expertise and support you need to protect your digital assets and thrive in a digital-first world. For more insights and assistance on cybersecurity solutions tailored for your Fort Wayne business, contact SDTEK . Your digital safety is our priority.
06 Dec, 2023
In today's digital landscape, cybersecurity is paramount to protect sensitive business information from falling into the wrong hands. As a business owner, you understand the value of securing your data and safeguarding your reputation. That's where dark web monitoring comes into play. What is Dark Web Monitoring? The dark web is a hidden part of the internet where illegal activities often take place, including the buying and selling of stolen data. Dark web monitoring involves scanning the dark web to identify any instances of your business's compromised information being traded or sold. By monitoring these underground networks, you gain valuable insights and can take immediate action to mitigate potential risks. Key Features and Benefits Real-time Alerts: Dark web monitoring provides real-time alerts, notifying you the moment your business's data appears on the dark web. This allows you to respond swiftly and take the necessary steps to protect your sensitive information. Comprehensive Coverage: Dark web monitoring casts a wide net across various dark web platforms, ensuring comprehensive coverage. It searches for mentions of your business, compromised credentials, financial information, and other sensitive data that may have been exposed. Access to an Expert Support Team: With dark web monitoring, you're not alone in the fight against cyber threats. You have access to an expert support team that can guide you through the process, answer your questions, and provide recommendations to strengthen your cybersecurity posture. Addressing Misconceptions Misconception 1: Dark web monitoring is only necessary for large businesses. Cybercriminals do not discriminate based on business size. Any organization, regardless of its scale, can become a target. Small businesses are particularly vulnerable as they often lack the robust security infrastructure that larger enterprises may have. Dark web monitoring is essential for all businesses, regardless of their size, to proactively protect their data. Misconception 2: Dark web monitoring is too technical to understand. While dark web monitoring may involve technical processes, the service providers are equipped to simplify the complexities for you. They will guide you through the setup, explain the monitoring process, and provide actionable insights in a user-friendly manner. You don't need to be a cybersecurity expert to benefit from dark web monitoring. Misconception 3: Dark web monitoring is expensive. The cost of dark web monitoring is a fraction of the potential financial and reputational damage that a data breach can cause. It's an investment in the security and longevity of your business. Additionally, many service providers offer flexible pricing options to suit different business needs, making it an affordable solution for businesses of all sizes. Conclusion As a business owner, the protection of your data is essential for the continuity and success of your organization. Dark web monitoring offers a proactive approach to cybersecurity, enabling you to identify and respond to potential threats swiftly. By leveraging real-time alerts, comprehensive coverage, and the support of experts, you can safeguard your sensitive information, maintain customer trust, and protect your business from reputational damage. Don't wait until it's too late. Invest in dark web monitoring to stay one step ahead of cybercriminals and gain the peace of mind you deserve. Your business's security is worth it.
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