Did you know roughly 43 percent of cyber attacks target small businesses? That’s nearly half. You may think that large businesses are the most popular target because they have the most to lose, but it has been found that small businesses are a much easier target due to their lax security measures. Without processes and procedures in place to keep your small business safe, it remains vulnerable to malware, phishing and other forms of a cyber attack.
Here are four ways you can protect your small business with IT security.
1. Create a Multi-Layered Defense
We've entered an age where password protections and firewalls are not adequately keeping small- and medium-sized businesses safe from things like malware and phishing. Instead, a multi-layered defense is needed to stop a hacker from successfully infiltrating your network.
Additional layers include things like application software security, account monitoring, boundary defense and data recovery capabilities. With these extra layers in place, you'll have many obstacles between the hackers and your company's information
2. Educate Employees on Cyber Risks
One of the most common ways cyber attacks infiltrate small- and medium-sized businesses is by sending an email with a malware attachment. It only takes a single employee clicking that attachment to infect the entire company with malware. With attackers growing more sophisticated every day, it's more important than ever to ensure that your employees know how to spot these IT security breaches and understand how they need to respond in these situations.
3. Protect Endpoints Strategically
With the increased popularity of BYOD (bring your own device) workplaces and the ever-increasing number of employees working remotely, the devices they use are also vulnerable to a cyber attack. Protecting these devices, whether they be mobile phones, tablets, PCs or laptops, is paramount to protecting your organization's network.
4. Invest in Business IT Security
True, there is a cost associated with protecting your business from cyber attacks like malware, phishing and ransomware, but it's important to balance that cost with the very real possibility of being a target of cyber crime. For instance, 60 percent of small businesses on the receiving end of a cyber attack end up going out of business in the first six months after the attack. And with many providers adjusting their IT Security rates based on the number of employees, small businesses have the least amount to pay and, potentially, the most to lose.
To keep your business safe from cyber attacks, ensure that you have the strategies in place to stop hackers before they can access your network and your private information. To learn more about how to protect your business in the cyber era, download our Managed IT checklist below.