Cybersecurity
5 min read

The Cybersecurity Basics Every SMB Should Implement Today

Written by
Published on
October 20, 2024

Imagine your business as a physical store. You would lock the doors at night, install a security system, and train your employees to be aware of potential threats. But in the digital world, your business is open 24/7, and threats come from all directions. That's where cybersecurity comes in.

Think of cybersecurity as the protective shield for your online business. Just like you would protect your physical store, you need to protect your digital one from cyber criminals who are constantly trying to break in and steal your valuable information. Over 147 million people had their sensitive information exposed because of a simple oversight. If you want to avoid a similar fate, you must make cybersecurity management a top priority.

The good news? You do not need to be a tech giant to protect yourself. You can make an enormous difference in securing your business with a few smart strategies. Here are some simple steps you can take to keep your business safe:

Enforce Multi-Factor Authentication (MFA)

A great starting point is by enforcing multi-factor authentication (MFA). Think of multi-factor authentication (MFA) as an extra security guard at your digital door. It requires you to provide two or more pieces of information to log in, such as something you know (password), something you have (security token), or something you are (fingerprint). It is simple but effective and makes it much harder for hackers to break in, even if they have your password. Just remember, even MFA is not foolproof.

Back-Up Your Stuff Regularly

Imagine you accidentally spilt coffee on your computer and lost all your important documents. That's why it's crucial to have backups. Think of them as a safety net that keeps your data safe in case something goes wrong. Ransomware attacks could make things go wrong and pose a serious threat that can grind your business to a halt. These attacks lock your data until you pay a ransom, which no business wants to do. The best protection here? Reliable Data Backups. Follow the 3-2-1 backup rule: keep three copies of your data, store it in two different types of storage, and make sure one copy is off-site. This way, even if ransomware hits, you’ll be able to restore your systems without paying a cent.

Make Passwords Tougher

Yes, one of the easiest yet often overlooked ways to boost cybersecurity is by enforcing strong password policies. Imagine your passwords as the keys to your digital doors. Strong, unique passwords are like sturdy locks that keep out intruders. Avoid using easy-to-guess passwords like "123456" or your pet's name. Instead, use a combination of letters, numbers, and symbols, be at least 12 characters long, and be updated every 60 to 90 days. Hackers commonly exploit weak passwords and simple actions like these can significantly improve your business’s security while also strengthening your defense. A password manager can help your team generate and store these easily, removing the headache of remembering them.

Network Security

Building a security wall in your network? It is a must-do. Start with a firewall, to block unauthorized access and provide advanced protection. A firewall is like a security guard for your computer network, keeping out unwanted visitors. Add an Intrusion Detection System (IDS), to monitor network traffic and alert you to suspicious activity. There are also other tools that can detect suspicious activity and protect your devices from malware, and ransomware (viruses and other threats). Together, these measures form a solid defense against cyberattacks.

Implement single sign-on (SSO)

Regularly reviewing users' accounts to ensure everyone has only the access they need reduces the risk of password breaches. With single sign-on (SSO), employees can securely log in to multiple apps with just one password, making it easier for them to remember their passwords and reducing the likelihood of password reuse. It’s a simple, effective way to keep your systems secure.

Employee Training and Awareness

Your employees are your best defence against cyberattacks! Regular security awareness training is a must. Human error is the root cause of most security breaches. Train them to spot suspicious emails (called phishing) and avoid clicking on risky links. And if your business is in a regulated industry like healthcare or finance, compliance with cybersecurity regulations is key, not only to avoid fines but to strengthen your overall security posture. It is important to remember that cybersecurity is not just about having the right technology, it is about your people, too.

Keep Software Updated

Do you keep ignoring those update notices? They are important! Updates often include security patches that fix vulnerabilities hackers can exploit. Take Equifax, for example, a major company that failed to patch a known software vulnerability, leading to one of the largest data breaches in history. Learning from the cybersecurity mistakes of others can save your business from disaster.

Secure Third-Party Relationships

Remember, even trusted third-party vendors can be a potential weak link. Letting them have unrestricted access to your critical systems without proper safeguards is a recipe for disaster. Conduct regular risk assessments on your vendors and ensure they have adequate security measures in place. Segment your network to limit their access to critical systems and monitor their activities closely. If you rely on third-party vendors, now is the time to conduct a serious risk assessment. Do not wait for a breach to wake you up, act today and protect your business from becoming the next headline.

By following these simple steps, you can significantly improve your online security and keep your business safe from cyber threats. This is not just best practice; it is a necessity in today’s threat-filled landscape.

Need Help Getting Started?

At Bitscape Technology Services Limited, we can help you implement these strategies and more. We offer a variety of cybersecurity services to keep your business safe, including:

Managed Security Services: We will be your 24/7 security guard, monitoring your systems and responding to threats.

Security Assessments: We will find any weak spots in your defences and help you fix them.

Training and Awareness: We will teach your team how to stay safe online.

Contact us today at info@bitscapetech.com to learn more about how we can help you protect your business!