In an age of continual digital transformation, for any organisation, data is now one of its most valuable assets. At the same time, multiple surveys also show that many small businesses rate cybercrime as one of their top business risks.
To help you make your business cyber secure, here are 6 easy steps that you can follow:
Identify your most vulnerable assets.
The first step towards cyber security is knowing which of your data is most vulnerable and who or what is most likely to go after it.
Take stock of cyber rules.
In the cyber world, things are constantly changing. So you need to understand that the rules about information systems are also in flux. According to DLA Piper partner Scott Thiel, organisations need to be aware of the different rules around the world, and understand the most effective way to comply. Taking a smart approach can deliver a competitive edge.
ALSO: Read through this short and practical guide developed to help the owners and managers of small businesses to put in place some good online security practices. It only takes a few minutes to read through the five easy steps, which will provide you with the basics on how to protect the information entrusted to you by your customers and suppliers.
Implement technology protections.
As a business, you should use modern technologies and smart processes to limit the risk of attack, and identify breaches early. And since cyber criminals are constantly on the move it’s critical to update security technology and refresh education programmes regularly.
Besides getting investing in additional security technology, companies need to also understand the importance of cyber insurance to reduce risk. Kevin Kalinich, Aon’s global cyber practice leader, said organisations needed to rigorously assess exposures and seek appropriate insurance cover.
Work out a plan.
When you’re under a cyber attack, trying to work out how to respond in the moment, is far from ideal. The best way to deal with cyber security is to plan ahead so that everyone in the business knows exactly what to do if and when something goes wrong, and to have agreements in place with lawyers, insurers, forensic analysts and security specialists well in advance.
Review and refresh.
As you know already, cyber security is not static. Businesses need to regularly review the threat landscape, their cyber borders, security technology and staff education programmes, their insurance protection and response plan in order to protect the organisation and reduce risk.
ALSO READ: 7 practical reasons why cyber security should be top priority for small businesses