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Cybersecurity: How to safeguard your organisation against Cybercrime.

Over the last few decades, our lives have fully integrated with the internet. This widespread phenomenon has created a vulnerability, putting us at risk of cyberattacks, not only within our personal lives but within our organizations.

Cybersecurity is the process of protecting company data and maintaining the integrity of computing assets belonging to or connecting to an organization’s network. Cybersecurity is an essential part of the fight against cyber-crimes.

Leading cybersecurity firm McAfee revealed in December that growing cybercrime incidents have cost the world economy more than $1 trillion, up more than 50% from a 2018 report that put global losses at close to $600 billion.

Simply implementing firewalls and antivirus software as your sole security measures is just not cutting it anymore. Business owners must invest time and resources to limit their risk.

The following Cybersecurity strategies can aid in safeguarding your organization from Cyberattacks and threats.

Employee Awareness & Training

Your employees play a huge role in the implementation of good cybersecurity practices. Engage with your employees and make sure that they understand why cybersecurity awareness is vital for your organization.

This implementation has to start at top management and from there spread through to the entire organization. A successful awareness strategy makes sure that everyone understands that cybersecurity is not one person’s responsibility, but it’s everyone’s.

“The best thing a business can do is train its employees regularly on how to encrypt data, how to generate strong passwords, how to properly file and store data, and how to avoid malware. An educated workforce is your best defense”. Danielle Kunkle, Boomer Benefits

Keep Your Software Updated

Regularly updating the software on company computers and any other devices is one of the easiest ways to protect your organization from cyber threats.

Undated software leaves weaknesses that hackers can easily exploit to gain access to your network.

Protect Your Data

Data can be protected in multiple ways, data backup and data encryption are two of the most popular strategies to safeguard your organization's data.

Data encryption is a security method where information is encoded and can only be accessed or decrypted by a user with the correct encryption key. Encrypted data will appear scrambled or unreadable to a user accessing the data without the necessary permission.

Backing up your organization's data will help you to avoid serious downtime, loss of data, and financial loss. You can easily back up data by replicating data and by hosting your data on backup servers.

Secure Passwords

We are all guilty of using passwords repetitively, although this might seem to be the easy way out it can be extremely dangerous. Once a hacker figures out your password, they will have access to everything in your system and all applications that you use.

Millennials tend to be the generation with the worst reputation when it comes to setting up secure passwords. Just 33% of millennials use secure passwords for all of their accounts, compared to 53% of baby boomers while Gen-X comes in somewhere in between.

Due to the lack of secure password creation, it has become a best practice to encourage employees to have different passwords setup for each application. Changing them regularly will help to maintain a high level of protection against external and internal threats.

Cybersecurity is not a subject that we should be taken lightly. Attacks evolve every day as attackers become more creative and inventive. By following a few good practices and ensuring your entire organization is on board, you can strive to be one step ahead of cyberthreats.

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