Tips for Navigating a Cyber Attack
A strong cybersecurity defense has the potential to greatly reduce the impact of a cyberattack. Small businesses are often targeted by cybercriminals due to their limited resources compared to large corporations, making your business more vulnerable to attacks. On average, data breaches can cost small businesses up to $2.98 million, with each compromised record costing around $164.00. Additionally, cyberattacks can bring about other expenses like unexpected downtimes and higher prices.
Cyber risk management plays a vital role in safeguarding an organization’s digital assets by identifying, evaluating, and minimizing potential risks.
- Financial Impact: Cyber incidents can result in direct financial losses due to theft, fraud, and the costs associated with incident response and recovery.
- Operational Disruption: Cyber-attacks have the potential to disrupt business operations.
- Compliance Violations: Data breaches may lead to non-compliance with data protection regulations, resulting in fines and legal issues.
Big companies are increasingly falling victim to cyber-attacks, despite having strong security measures in place. Small businesses are just as susceptible – follow these easy tips to safeguard yourself and your business.
- Train employees: Educate employees on security principles and how to identify and report suspicious emails.
- Use strong passwords: Create a password policy and use password managers.
- Update software: Keep your systems and software updated.
- Back up data: Regularly back up your data and store copies offsite or in the cloud.
- Use antivirus software: Protect your computer against malware with antivirus software.
- Use firewalls: Filter traffic that may enter your device with a firewall.
- Limit access: Limit access to sensitive data and employee access to data and information.
- Enable multi-factor authentication: Activate two-factor authentication.
To learn more about cyberattacks and what precautions you should take check out the articles below:
How to protect your business from cyberattacks
Cybersecurity Basics
https://www.ftc.gov/business-guidance/small-businesses/cybersecurity/basics
Let’s be careful out there!
The PJ Networks Team
