Cybercrime is on the rise every day. Ignorance of cybersecurity is ignorance of having requisite online intelligence. Which is why entrepreneurs are encouraged to be wary of cybercriminals who are working around the clock to ultimately harm your business’ reputation and finances.
So, here are eight things you should know about cybersecurity.
Invest in Reliable Anti-Virus and Anti-Malware
If criminals hack the database of your website or email, they will have access to any documents and/or data stored there, and can use it to extort money from unsuspecting clients or obtain vital information.
From day one, you should invest in reliable antivirus and anti-malware. To be on a safe side, install credible, proficient anti-malware on every device you use.
Set Up Multi-Factor Authentication
For key websites, apps and/or other accounts you use, use multi-factor authentication whenever possible. Multi-factor authentication helps you to safeguard your login screens, passwords and codes. Visit lockdownyourlogin.org for more information on strong authentication and how to turn it on.
Back Up and Encrypt Your Data
Encrypt your sensitive data, and safely store customer and employee information too. Insist on strong encryption in your logistics system and production. If you don’t encrypt your data, it’s easy for thieves to access to your documents or hack your client’s credit card details.
Update Your Systems
If you are using outdated technology or systems, then this is the best time to update them. Outdated systems are highly susceptible to hacking. When customers make transactions through your website, they rely on you to safeguard their data ‒ they don’t want it to be disclosed to a third party. You can’t safeguard these details without an updated system and software.
Restrict Data Access
Know who is accessing your data and why. Restrict all employee or third-party access to sensitive data without due authorization. Don’t allow data access to a member of your team unless it is crucial to their role.
Monitor Your Social Media Accounts
Be wary of the information you publish on social media. Publishing personal information about your spouse, kids, pets and other personal indicators could give cybercriminals more ways to break in to accounts.
Also, look out for suspicious behaviors and posts. Monitor your social media activities regularly. It is dangerous to use duplicate passwords on multiple accounts; make sure each of your accounts has complicated and unique passwords.
Get the Right Tools
You need the right tools to protect your online accounts from getting hacked. If your startup is using mobile devices, cloud-based tools and multiple apps, then you may want to consider hiring a company that will manage your security service needs. Hire professional companies with SSL certificates, mobile penetration testing, web application firewalls and web application scanning.
Cybersecurity insurance is something startup organizations shouldn’t joke with. Most startups think that cybersecurity insurance is designed exclusively for big companies, because those businesses are prone to attacks. But that is not the case. Hackers will attack any business, regardless of size.
Look for both first- and third-party coverage experts. Their job is to cover you from general costs incurred as a result of customer notification, public relations campaigns, legal expertise, business interruption, defense costs if your business is sued and so on. Cybersecurity insurance will help protect your company from harm of all kinds.
Cybersecurity should not be taken lightly. Whether you are running a small or big business, make sure you have highly-protected network systems, accounts and websites. To protect your business, take advantage of these cybersecurity solutions.
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About the Author
Mike Johnson is the founder of How to Start an LLC.org, where he teaches people about navigating the bureaucracy and provides simple guides to starting your own business. Mike is a serial entrepreneur who believes company formation should be the least painful part of building a business and has set out to make it easier.