5 Tactics To Increase Your Cybersecurity Efforts

SolarWinds’ massive cybersecurity breakthrough in 2020 taught us some valuable lessons. First and foremost, it exposed the fact that even the most sophisticated (or apparently) computer systems are vulnerable.

As cybercrime crossed the $6 trillion mark in 2021 alone, the event has also pressured business owners around the world to develop their own cybersecurity game. If you are concerned about your company’s digital security, here are some strategies to help you create a safe and secure online environment for your business to operate in.

1. Look for the signs

There are many signs that accompany cybercrime activity. Some of them are well known, such as an email request to send money to a prince in Nigeria. However, others are more sophisticated. For example, a fraudulent seller or customer service representative may act recklessly in an attempt to obtain information.

AP automation experts at Paymerang have created the acronym ABCD (Aggressor, Bouncer, Clueless, and Desperate Hasty) to identify security risks, particularly in the area of ​​vendor impersonation.

Whether it is an annoying conversation, a strange email message, or something else, it is wise to research common cybersecurity threats and how to spot them. Then communicate this information to your team.

2. Think beyond technology

Cyber ​​security threats can come from individuals personally as much as they can come from computers. Case in point: a high-profile cryptocurrency scam on Twitter in mid-2020.

The event focused primarily on the teenage offender and serial cybercriminal. However, it also included individuals from within Twitter itself. Indeed, Twitter (via TechCrunch) explained that the event included a “coordinated social engineering attack by people who successfully targeted some of our employees with access to internal systems and tools.”

This leads to a simple but critical cybersecurity strategy: Get to know your employees. A good security system is of no value if it is not supported by competent and reliable personnel. Hire your IT and cyber security team carefully.

3. Do not collect unnecessary data

Modern companies operate in a data-driven world. Naturally, this makes collecting data of all kinds a valuable activity.

However, if you want to maintain a clean and safe process, it is important that you exercise restraint while collecting people’s information. Remember that the more information you collect, the more data you need to protect.

As a general rule, try not to collect any information that is not essential to the success of your operational business. Even basic elements like someone’s age or personal preferences can be used against them in the hands of cybercriminals. Keep your data collection process simple and focused.

4. Set up a secure network

Cybersecurity starts with your network. Protecting your Wi-Fi network and databases from cyber threats is a great initial level of protection.

The Massachusetts Department of Telecommunications and Cables suggests several ways to create a safe work environment, such as:

  • erecting firewalls;
  • Information encryption
  • Hiding and password protects your Wi-Fi network;
  • Backup your databases on a regular basis.

Creating a robust data infrastructure for your business is ground zero for a safe working environment from cybercriminals.

5. Use comprehensive cybersecurity practices

Finally, make sure that you are smart in the small areas. There are countless ways you can protect your company from outside threats.

For example, encourage employees and customers alike to create strong passwords, use two-factor authentication, etc. These may seem like regular solutions, but they are well worth the effort.

In fact, as of 2019, Microsoft reported that multi-factor authentication was 99% effective in preventing account hacks. Sometimes it’s the little things that make the difference.

Additionally, set up clear protocols for how data will be managed within your company. Train employees to properly dispose of devices and explain how to deal with a cybersecurity threat.

Being proactive about your cybersecurity measures is one of the best ways to avoid problems in the future.

Cybercrime is a serious threat that continues to harm businesses around the world. While recent events and statistics show that no company is immune, every company can take steps to ensure that it operates in a safe manner.

So review the above list and think about what are the shortcomings of your cybersecurity. Then take steps to mitigate the problem in the name of your own interests as well as those of your customers.

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