While cyberattacks are sophisticated, it's often low cybersecurity standards that facilitate most breaches, particularly in small and mid-sized businesses (SMBs). SMB owners often overlook cybersecurity, focusing instead on growth. But this approach is like leaving your front door open for cybercriminals.
Cybersecurity isn't just a big business concern; it's equally critical for SMBs.
They're often viewed as easy targets due to various perceived vulnerabilities. It's a chilling fact that 50% of SMBs have fallen prey to cyberattacks, with over 60% closing their doors afterward.
However, cybersecurity doesn't need to break the bank. Given that most data breaches result from human error, enhancing cyber hygiene can significantly reduce the risk of an attack. So, are you unknowingly making any of these common cybersecurity mistakes?
1. Underestimating the Threat: Many SMBs assume they're too small to be targeted, but cybercriminals often see them as easy prey due to perceived lack of resources or expertise.
2. Neglecting Employee Training: Regular staff training on cybersecurity is crucial to equip your team with skills to recognise phishing attempts, understand strong password importance, and be aware of social engineering tactics.
3. Using Weak Passwords: Weak passwords are a common security loophole. Encourage strong, unique passwords and implement multi-factor authentication for added security.
4. Ignoring Software Updates: Keeping software and operating systems up-to-date is vital to patch known security flaws.
5. Lacking a Data Backup Plan: Regularly back up your company's critical data and test the backups to ensure successful restoration in case of data loss.
6. No Formal Security Policies: Establish and communicate clear security policies covering password management, data handling, incident reporting, remote work security, and more.
7. Ignoring Mobile Security: Implement mobile device management solutions to enforce security policies on devices used for work-related activities.
8. Failing to Regularly Monitor Networks: Consider network monitoring tools or outsourcing services for prompt threat identification and response.
9. No Incident Response Plan: Develop a comprehensive plan outlining steps to take during a security incident, including communication plans, isolation procedures, and a clear chain of command.
10. Thinking Managed IT Services Are Unnecessary: Cyber threats are continually evolving, and managed service providers can help SMBs keep pace while optimizing their IT.
Remember, cybersecurity is an investment, not an expense.
Managed IT services can be affordable and crucial in protecting your business against cyberattacks. Don't risk losing your business; prioritise cybersecurity today.