Safe Harbor on Cyber is a 'safe harbor' blog site on cyber security for families and small businesses with news on cyber threats, risk, data breach, identity thefts, ransomware, cryptocurrency, and vulnerabilities items.
5 Crucial Ways Small Businesses Can Improve Their Cybersecurity
5 Crucial Ways Small Businesses to have a safe harbor on cyber security
If you are a small business owner and think you do not need to worry about cybersecurity, think again. The Ponemon Institute’s 2016 SME Cybersecurity Report, which conducted a survey of 600 small businesses, found that not only “no business was unaffected by cyberattacks or data breaches,” but also an alarming number of small businesses that suffered cyber attacks in 2016. Small and medium-sized businesses needs to find ways to have their business to be a safe harbor on cyber and here’s how-to
Small and Medium-sized Businesses FIndings
According to Ponemon:
In 2016, 50% of SMEs were violated.
The most common attacks on small and medium-sized businesses are web-based and phishing / social engineering.
59% of SMBs do not know employee password practices and hygiene.
65% of SMEs that have a password policy are not strictly enforced.
Another problem is that even when attacks on small businesses have arrived, the focus on this topic is low. Another opinion poll found that the vast majority of small business owners – according to Manta Media Inc., 87% believe their business is not exposed to the risk of data breaches.
SMBs need to wake up and realize that they are sitting on ducks – especially if they are not ready and think they are not at risk, and an unprepared goal is a perfect goal. Preventing cyber attacks is crucial, and preparation is the key to survival in the digital world.
Five Crucial Ways to Improve Your Safe Harbor Cyber Security Posture
Here are five crucial ways for small businesses to improve their cybersecurity.
1. Run a cybersecurity risk assessment
Every business, large or small, should conduct a cybersecurity risk assessment. Maryville University’s cybersecurity resource lists the core concepts and principles of a proper risk assessment:
A. The inventory system: its size, number of hardware and cloud access points, partner organizations and vendors, information stored and shared, and its sensitivity.
B. Analyze for potential threats: According to data from Sage Data Security, in addition to hacking or data breaches, data corruption due to human error, poor data backup, insecure encryption and data transfer, and unsafe channels are also considered.
C. Analytics Environment: This step involves checking for control of administrator access, user authentication and provisioning, infrastructure data protection, operational continuity, and more. These personal controls on the organization most likely to face the threat of threats?
E. Final risk assessment: Multiply the probability of a default by the damage it causes to determine the level of risk. For example, an organization may have a very high-risk rating if it is likely that an organization will encounter a criminal offense due to valuable information and the result of such a violation is catastrophic.
2. Create a document management plan
Most incidents of infringement today are caused by simple human error – the documents are sent to the wrong inbox or phishing email, and even the physical files that are lost in the trash. The file management plan is wary of the status of all company files, which means that these errors are captured before they occur. Common elements of the document States referred to in the document management plan generally include:
A. A comprehensive inventory of all currently existing records and system environments
B. Appoints an employee or manager responsible for documenting the management process
C. Develop a Record Retention and Destruction Schedule – Often the state’s retention guidelines differ
D. Evaluate and determine the best way to store and manage your records
E. create, record and establish the appropriate company procedures for record storage and processing
F. Implement your policies, train employees and ensure any procedural changes are made throughout the company
G. Create a backup disaster recovery plan in the event of a violation or other emergency to immediately minimize damage
H. Maintain, audit, and optimize prevention and recovery plans to maximize efficiency and effectiveness to have safe harbor on cyber security.
3. Educate your staff
As mentioned in the document management plan component, post-implementation staff education is the key to its work. In fact, employees are not only document management, but also need education. The first point in XMedius’s article, “The Big Three Data Security Risks Every Enterprise Should Know,” is that employees do not know how to protect their data. They write:
“To be sure, unless we work for a company that specializes in IT security, the average worker processes and sends sensitive data on a daily basis, regardless of hacking or data loss.” In fact, the lack of security awareness and skills enables organizations Become an easier target for hackers or disgruntled employees to access network and administrator accounts. ”
The solution here is mandatory compulsory training for employees working on Protected Health Information (PHI) or personally identifiable information(PII) and mandatory training courses on teaching password and workstation security best practices.
4. Develop response and recovery plans and run quarterly drills for malicious incidents for small business owner to have safe harbor on cyber security
… because you are likely to suffer cyber attacks
5. Backing up your system and recording weekly or daily, depending on your business.
4 Ways Small Businesses Can Improve Cybersecurity
If you’re a small business owner who thinks that you don’t need to worry about about cyber security, think again. The Ponemon Institute’s 2016 State of SMB Cybersecurity report surveyed 600 small businesses, finding not only that “no business is immune to a cyber attack or data breach,” but that a surprisingly high number of small businesses suffered cyber attacks in 2016. According to Ponemon: Adding to the problem is that fact that even though attacks on small businesses are up, concern surrounding the topic is low. A separate poll found that a vast majority of small business owners — 87 percent, according to Manta Media Inc. — do not feel their business is at risk of experiencing a data breach. SMBs need to wake up and realize that they are sitting ducks — especially if they’re unprepared and of the opinion that they’re in no danger at all; an unprepared target is a perfect target. Protection against cyber attack is of the utmost importance, and preparation is key to survival in a digital world. Here are five ways that small businesses can improve their cybersecurity. Every business, big and small, should run a cyber security risk assessment. Maryville University’s… 4 Ways Small Businesses Can Improve Cybersecurity
If you like to receive more of these curated safe harbor news alerts then subscribe to my mailing list. and come back soon at https://www.safeharboroncyber.com/Blog/ to read further CyberWisdom Safe Harbor Commentaries. Home » Online Safety DYI » 5 Crucial Ways Small Businesses Can Improve Their Cybersecurity