01 Feb

The modern world has become increasingly dependent on digital technologies. This dependency means that cybersecurity threats are now part of our daily lives. As a result, it is crucial to understand what we are exposed to online and how to protect ourselves from potential attacks.

Importance of cyber security in digital world.

The modern world has become increasingly dependent on digital technologies. This dependency means that cybersecurity threats are now part of our daily lives. As a result, it is crucial to understand what we are exposed to online and how to protect ourselves from potential attacks.

Cybersecurity in a Digital Era.

Many small businesses were unprepared when the pandemic struck. The change to remote work meant that many companies had to move into digital mode quickly and without much preparation. Bigger brands also struggled to protect data while managing remote teams. With the help of technology, we’re now better prepared to deal with future attacks.

Microsoft suffered an attack that affected 284 million customers. Similar attacks occurred at SFO. Hackers tried to breach security at both locations.

Businesses should be aware of the risks posed by data breaches and cyber-attacks. Companies need to make sure that they have strong cybersecurity systems in place before the next pandemic hits them. Smaller companies may struggle to protect themselves due to a lack of resources. Bigger companies might be able to rely on their IT departments to manage the situation.

What is cyber security?

Cybersecurity is the practice/process of protecting information systems against unauthorized access, destruction, alteration, disclosure, or misuse. It encompasses all aspects of computer system design, implementation, operation, management, administration, and maintenance. The goal of cybersecurity is to prevent attacks by malicious actors who may gain control of computers, networks, applications, databases, or any combination thereof.

In recent years, cyberattacks have become more common. Hackers who seeks revenge can  steal personal information, disrupt businesses, and even cause physical harm. This has led to increased government regulation and new laws.

Cybersecurity is a complex topic, but understanding some basic concepts will help you stay safe online.

Protects computers and networks from cyberattacks.

In 2018, around 80,000 cyberattacks happened every day or about 30 million attacks in a year. In 2017, 61 percent of cyberattack victims were businesses with fewer than 1,000 employees.

From these two statistics alone, you can see the scale of the threats from cyberattacks on small- and medium-sized businesses. Without cybersecurity measures, those statistics might have been higher.

Small businesses can protect their networks and IT equipment by updating their security software like antivirus and anti-malware applications. Having network protection like firewalls also increases your chances to prevent cyberattacks.

In terms of investment, these measures are cost-effective solutions that may fit into a small business’ budget.

Importance of cybersecurity for small businesses.

While large businesses like multinational companies have the capital to invest in comprehensive cybersecurity programs, small businesses may not have that luxury.

Nevertheless, cybersecurity is still an essential part of a small business’ operations. Even the most basic security measures can help prevent a large number of threats.

If you have a small business, you do not have to invest in expensive security packages. Instead, consider assessing your needs and budget first to determine what cybersecurity measures are sufficient to protect your business’ core assets.

So how does cybersecurity benefit you and your business? The following are some of the ways that cybersecurity helps small businesses.

Controls access to computers and data

Employees have roles and responsibilities within a business. As such, some employees need access to critical information or resources while others do not.

A good cybersecurity practice is to ensure that only authorized employees can access specific resources or files.

One way to accomplish this measure is to set user accounts, passwords and access rights depending on the employees’ roles and positions.

Even locked storage for laptops and other business assets can minimize the chances of theft or damage.

Provides a mobile device security plan.

Businesses may use mobile devices to store critical business information like work files or trade secrets that give the companies an edge. If the device gets damaged, lost, or stolen, that information may be compromised.

A mobile security plan can address those vulnerabilities to ensure business data is kept secure and protected. Some examples of this measure include mobile insurance or an auto-erase feature if the device is lost or stolen.

Takeaways

Cybersecurity is crucial for any company relying on IT resources and the internet to operate, be that a large, medium or small business.

Different security plans and measures require a varying amount of investment. Without adequately assessing your business’ needs, you may invest too much or too little in cybersecurity or even end up still vulnerable to cyber threats.

Consult an IT professional or business consultant to determine what cybersecurity solutions are best for your business and budget.