The Importance of Cybersecurity for Your Business

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As more and more business operations take place over online networks, and more and more potentially sensitive data is stored in online cloud solutions, the risk of cyberattacks is constantly increasing. Cybercriminals are also developing increasingly sophisticated ways of breaching firewalls and bypassing other security measures to steal data and/or disrupt business operations.

Using the internet to at least some degree is unavoidable for the majority of businesses. Cyber threats are not just a hazard for companies operating in the technology or communications sector—any form of business is at risk!

Understanding the importance of cybersecurity is essential for keeping your data and your customers’ data safe from harm.

Different Types of Cyber Threats

Hacking is when a person or persons breach security to gain access to data and/or control of business operations. There are many ways that cybercriminals can hack into systems. Hacking can result in the theft or corruption of employee or customer data, as well as cybercriminals being able to use your systems however, they please!

Phishing is a form of scam where cybercriminals impersonate reputable institutions to trick people into sending personal information such as credit card details or passwords. Phishing scams are usually sent through email and may target any member of your organization. It is important to make sure that all members of staff are aware of the risks of phishing scams and can identify them.

Malware is a term used to describe any kind of malicious file or program installed onto a computer. Commonly known as a “computer virus”, malware is usually transmitted through downloads, email attachments, and unsafe websites. There are many different types of malware, such as Trojan Horses (viruses that are disguised as legitimate software), spyware (which is used to monitor a user’s activity), and ransomware (which encrypts personal information so that a cybercriminal can demand payment to decrypt it).

How You Can Keep Your Business Secure

Thankfully, there are steps you can take to get your cybersecurity up to scratch.

The most important thing to do is to make sure that all members of staff are educated about the potential risks and how they can avoid them. A widely recommended piece of advice is to create a company Security Policy that all employees are taught and expected to follow. Any robust security policy will also be subject to regular audits, whether from an in-house Data Protection Officer or from a contracted company that can carry out penetration tests and other measures. Companies like Iconic IT offer full security solutions so that you don’t have to worry about setting up every aspect of your business’ security yourself.

You should also always make sure that up-to-date, reputable antivirus software is installed on any computer and device that is used by the company to access the internet.

Last but not least, you should always back up any sensitive or important data (somewhere secure, of course!). Always make sure to check your local data protection regulations before backing up customer data.

Cybersecurity has never been more vital for the safety of your business—don’t leave it to chance!

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Founded in 1994 by the late Pamela Hulse Andrews, Cascade Business News (CBN) became Central Oregon’s premier business publication. CascadeBusNews.com • CBN@CascadeBusNews.com

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