Cybercrime is one of the biggest security threats facing small businesses today. As nationwide companies are being hacked however, it is becoming more and more apparent that businesses need to make cyber security a major concern. Here is how to protect your business from cybercrime.
One major way that you can keep your business and sensitive information safe is by encrypting your data. Filesystems, across-the-wire transfers and stored data are examples of all the things that should be encrypted. When you encrypt sensitive data, it makes it much harder for hackers to get ahold of information. In the long run, your business will be better for it. Another practice you should adopt in your business model is to secure your the websites that you use from man-in-the-middle attacks, or, MITM and malware infections. MITM attacks is when a third party connector secretly relays and sometimes even alters communication between two parties. Using SSL’s, or secure sockets layer, which creates encrypted links help to secure you from such attacks. Other things you can do is set the secure flag for all session cookies and to scan your website for malware daily. In addition, hackers change their techniques quickly, which is a reason it seems that so many security updates occur so often. While it may be easy to ignore these updates, it is vital that you continually keep your security system up to date. Updates usually include the latest security measures, especially against areas that may have been the most vulnerable to hackers.
While it is important to keep your business’ data secure so personal and sensitive information is not leaked, another reason you would want to avoid an attack is because of the financial cost. In fact, in 2014, the average cost of a data breach for on organization was $5.9 million. For a general data breach, it was an estimated cost of $201 per compromised record. For many, a small business simply cannot absorb this kind of loss. This is why it is important to make sure your business is secure security threats.
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Cybercrime is one of the biggest threats and issues in small businesses today. One major way that you can keep your business and sensitive information safe is by encrypting your data.
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It’s no surprise that cybersecurity is a hot topic in today’s world. There are constant reports of large companies’ private systems being hacked into, resulting in many individuals’ personal information being stolen. This can be worrisome to hear, because one would think that these large companies spend a ton of money trying to keep their systems secure to prevent this from happening.
In response to all of the latest hacking incidents, the House of Representatives has recently passed a new bill titled the Protecting Cyber Networks Act. Essentially, this bill will allow corporations to share your data with other corporations and with the federal government. The government is hoping that by allowing federal investigators this access, they will be able to prevent future attacks and catch the initial culprits. There has been some backlash by the public regarding this bill for a few reasons. First, it involves the sharing of personal data with both other corporations and the government. Second, many believe that the bill is written vaguely and that it grants the government access to use the data they find in their investigation outside the scope of the cyber attack. The House and Senate still need to come together for final legislation of the bill.
It can truly be devastating to have your identity stolen. If your personal information gets into the wrong hands, not only can your credit potentially be ruined, but it can also take months and even years to get everything all sorted out. This can delay plans you have to buy a house, buy a car, or even take out a loan. One step you can take to protect your identity is to monitor your credit every so often. If you hear of a major security breach, such as the recent one with Target, you may want to check your credit an additional time to make sure you were not a victim. A second step you can take, that most people don’t often think of, is taking the time to make sure you properly destroy electronics that contain personal and sensitive data, such as computers. By taking these two steps, you are protecting yourself and will hopefully catch any type of identity theft early on.
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These are the ways the government is helping you protect your private information.
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El Monte, CA