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Cybercrime: Protect Your Business with 7 Simple Steps

Cyberattacks are a growing threat to businesses of all sizes. Here’s a clear breakdown of simple cybersecurity practices to help…

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by Mark Bowers
08 Jul 2024

Cyberattacks are a growing threat to businesses of all sizes. Here's a clear breakdown of simple cybersecurity practices to help minimise your risk:

Essential Safeguards:

  • Multi-Factor Authentication (MFA): Implement MFA on all email accounts for an extra layer of security beyond passwords. Any other systems that allow for MFA (such as payroll systems with employee logins, for example) should have this turned on where possible.
  • Regular Backups: Ensure data is regularly backed up in the cloud where appropriate (e.g. Google Drive, Microsoft 365). Maintain a robust backup schedule for any data stored on your network. Daily backups are ideal, but weekly is a good starting point.
  • Endpoint Detection and Response (EDR): Move beyond basic antivirus by investing in EDR solutions. EDR provides continuous monitoring and proactive threat detection capabilities.
  • Business Continuity Plan (BCP) & Disaster Recovery (DR): Develop a plan to ensure operational continuity in the event of a cyberattack or other disruption.
  • Ongoing Staff Training: Regularly train your staff on cybersecurity best practices. Monthly training is recommended, as human error is a significant risk factor.

Additional Considerations:

  • Verification Procedures: Establish a strong verification process for sensitive information, such as bank details or changes in third-party data.
  • Cybersecurity Insurance: Consider cyber insurance to protect your business from financial losses in the event of a cyberattack. Coverage can include data breaches, business interruption, ransomware, and more.

Protect Your Business Today

Contact us for a comprehensive consultation on data protection, risk management strategies, and securing the right cyber insurance for your business needs.

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