December 7, 2022
Austin, Texas, USA
Safety and Security

Cyber Security Concerns and Tips for Small Business

Cyber Security

Cybersecurity concerns are on the rise. Regular stories of breaches have caused employers fearing for valuable data loss and monetary damage. Since the pandemic, even high-profile companies with solid cyber security protection and added layers of security have also become victims of vigilant cybercriminals.

There is no denying the fact that the COVID-19 outbreak and the massive work transition have affected business. While several companies suffered from the economic crisis and restrictions causing a pause in business operation, the cyber security concerns were trouble for all.

The larger companies and enterprises can lose millions, sometimes even billions, to a cyber-attack. However, for a small business cyber-attack can be a fatal blow. It becomes almost impossible for a small business owner to get back on track after encountering a cyber-attack. Many companies were shut down after becoming victims of cybercriminals’ actions. Going further into this subject, we have found some alarming stats about cyberattacks on small businesses, some of which are mentioned below:

  • Forty-three percent of all data breaches are targeted at small and medium-sized businesses.
  • Sixty-one percent of all small business owners have reported at least one cyberattack during the COVID-19 pandemic.
  • Forty percent of all small businesses encountered a cyber-attack resulting in eight hours of downtime.

Not surprisingly, three percent of small and medium-sized businesses are not prepared for the financial turmoil occurring after a cyber-attack.

The above were some stats out of hundreds that encourage small business owners to strengthen cyber security for their brands. If you, too, have decided to start working on creating a defense against cyber-attacks, then we have some suggestions for you.

Identify the common concerns

First things first, you have to understand where your business lacks when it comes to cyber security. After the pandemic, many small businesses found shelter through remote working standards. The pandemic-induced restrictions did not allow firms to conduct in-person business marketing efforts or operations. However, small companies working remotely not only boomed business through digital marketing opportunities but also got back on track with providing its service and products to the customers.

While all of the above makes remote working standards a savior for dying small businesses, IT professionals have also been a challenge. In a secluded setting, employees are always less concerned about the company’s data security. Not only does remote worker access office networks on a doubtful internet connection, but they ignore software updates and device rebooting requests. While the easier way to protect company devices is to ensure that employees use internet service from a reliable internet service provider like Cox communications. The best part is that Cox offers Cox bundles. You can contact Número de Cox en Español to get an instant response from the customer service representatives. Another way is to install automatically updated software, and reboot your systems.

Implement two-factor authentication

Regardless of its size, a cyber-security breach is a nightmare for any business. As per the Forbes Global 2000- the most significant cybersecurity task for the companies is implementing two-factor authentication on all office-provided computers, servers, business applications, and infrastructure services. Implementing this change on a broader level often results in hackers having difficulty accessing business-critical data. Here is a fact for small businesses to consider two-factor authentication more often. Two-factor authentication blocks over 99.9 percent of account takeovers.

Do not forget to secure your account

Hackers are pretty vigilant in their approach these days. Hackers regularly visit personal digital lives, especially family businesses. Their intense research makes them quick to control and occupies the administrative credentials quickly. They steal confidential data for ransom which could make your business operations hard to continue.

Do not share sensitive data on social media platforms

Small business owners are often lured into oversharing stuff on social media platforms. When things go downhill for them and level up for the lurking cybercriminals, the easiest way to combat this is by NOT sharing sensitive information on social media platforms. By understanding tiny business owners’ devices and networks, hackers can look for vulnerable points to swoop into the systems.

To close things off

If your company has already been a victim of a cyberattack, then you might have already done something to secure your business. However, if you are new to the business, we have mentioned some easy ways to add security layers to your systems.

Visit also Resta for more interesting informative articles

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