How to protect your business from cyber attacks
Are you putting the right measures in place to protect your business against hackers?
According to a government survey, a worrying 43% of UK businesses suffered a cyber attack in the last year. With the majority of businesses and charities being reliant on online services, more and more are becoming exposed to cyber attacks and data breaches.
Recent examples of cyber attacks include the data breaches at Ticketmaster, Fortnum & Mason and Dixons Carphone, which resulted in customer data being stolen. Although these examples have been in the news and awareness of cyber attacks is increasing, a surprising 37% of businesses have no rules and controls around data encryption.
So, if you don’t currently have a cyber security process in place you’re not alone. Here are seven tips to help protect your business from online hackers:
1. Develop a strong security policy
By developing strong security protocols and running them on a regular basis, you’ll be able to identify breaches quickly.
IBM found that over half of all breaches were carried out by workers inside the company. Although a large proportion of these had malicious intent, 40% had caused a breach by accident. This was through opening phishing emails, which are contaminated with email attachments, pop-ups and links designed to hack into your system.
2. Lock your network
If your business is using WiFi, make sure it’s up to the WPA2 standard. This version has a long encryption key, making the network harder to hack into.
It’s vital that your WiFi has a strong password that is impossible to crack. A strong password would consist of 10 to 13 characters, with a combination of lowercase and uppercase letters, numbers and special symbols.
3. Install anti-malware protection
By installing anti-malware and antivirus software on your computers, you’ll protect against viruses, spyware, adware and ransomware. These viruses can be transmitted through WiFi, spam emails and harmful websites.
4. Encrypt your data
It’s important to protect your internal employee information and your customer data. There is software that can do this for you, or you can use third-party vendors.
The process of encrypting data is using software to create another set of passwords to protect all information kept on your computers. A reliable VPN will secure the data you store and transmit with a strong encryption.
A VPN establishes a secure connection and redirects all your internet traffic through a remote VPN server in a chosen location. This also hides your IP address, making it nearly impossible for hackers to intercept your communications and steal confidential business information.
5. Take extra measures with a cyber security expert
Investing in a cyber security expert to monitor and protect your data means you’ll be notified if anything suspicious appears within your system. So you can focus on running your business.
Unfortunately, not all breaches can be stopped. So it’s vital to have the right cyber insurance in place. To get a cyber policy tailored to your business, call us on 0800 144 4808.
6. Have the right insurance policy in place
Unfortunately, not all breaches can be stopped. So, it’s vital to have the right cyber insurance in place to protect you against the huge financial costs that come with putting it right. To get a cyber policy that’s tailored to the needs of your business, call us on 0800 144 4808.