In the cybersecurity risk management and consulting world, it is imperative that we are always in the know regarding cyber activities and trends. In our pursuit to obtain this understanding, we are forced to read headlines on a weekly basis that point to high-impact and high-profile data breaches. Most of the time, it’s the large or global businesses that consistently make the News. A large portion of SMB and SMEs have suggested that the bad guys are after the big business – not us. Unfortunately, this is absolutely inaccurate. Please see our Blog on Why Hackers Target Small Businesses.
The smaller portion of SMB and SME’s think it’s logical to ascertain that if global and large corporations are being breached, small and medium-sized businesses are basically sitting ducks. Besides, don’t they have dedicated IT security professionals, a big budget and a host of security platforms to safeguard their network? Yes. However, since they generally have multiple Internet access points, B2B and\or VPN connections and Internet exposed APIs they have more entries and exits to guard. Couple this risk with the number of potential hardware and software vulnerabilities and you have a recipe for a breach. Small businesses have a huge advantage here. SMBs typically only have one Internet ingress\egress to defend and the number of potential hardware and software vulnerabilities are radically reduced, due to their size. SMB and SME’s can deploy the basics and do well to protect their assets and intellectual property (IP).
So, precisely what is involved in the small business path to cybersecurity? The basics! Below are a set of practices that SMB and SMEs can implement to protect their environments:
- Get a cybersecurity risk assessment – understand where and how vulnerable you are
- Select a security framework – a prioritized list of the basics
- Make certain that you patch your hardware – reduce hardware risk
- Update your computer operating systems (OS) each month – reduce OS risk
- Check with your application providers for update schedules – reduce application risks
- Change your passwords every 30 days and use multifactor authentication everywhere possible
- Create an Incident Response Plan and practice it quarterly
- Conduct regular Security Awareness Training with employees – they are the last line of defense
- Backup your data every night
Cyber Security Experts would love to partner with you to help you achieve these objectives. Our mission is to join hands with SMB and SMEs to help them create a viable cybersecurity strategy. We want to aid you in your quest to secure your digital IDs and underlying assets or IP.
For more information about our risk assessment practice, click here.