In today’s digital-first world, cybersecurity is critical for every business and there seem to always be risks. Cyber threats are becoming more advanced, and without the right security measures, a business could face serious disruptions and financial risks. You may want to consider some key cybersecurity actions to keep your business protected.
Rising Cybersecurity Risks
Cyber threats such as phishing, ransomware, and data breaches can affect any business, regardless of size. Fortiviti encourages small and medium-sized businesses to understand these risks, as these organizations are often targeted due to limited in-house cybersecurity resources. As your business grows and becomes more visible, your risk increases as threats become aware of your company. If you’re in an industry known to have customer private and financial data, you’ll be at even greater risk. Any company that accepts any sort of online payments may be a target.
Consider Real-Time Monitoring with Managed Detection and Response (MDR)
MDR services offer round-the-clock monitoring, detection, and response to potential threats. These services are invaluable for protecting an organization’s data and ensuring compliance with ever-evolving cybersecurity regulations. An example of MDR at work: If ransomware is detected, the MDR provider can isolate the affected systems immediately, preventing the spread of the malware.
Tailor Your Cybersecurity Strategy to Fit Your Business
As you consider your cybersecurity strategy, it is important to select solutions that fit your organization’s specific needs. This includes assessing which data needs the most protection and choosing solutions that secure those areas. This could mean prioritizing solutions such as multi-factor authentication (MFA) for employee access to sensitive data or implementing encryption for customer information.
Consulting with cybersecurity providers can help you to make informed decisions on the best solutions for your business. They can help to develop an incident response plan that would outline steps to take in case of a breach, including communication protocols, and recovery processes, which allow you to resume business with minimal downtime and reduced cost.
By understanding today’s cybersecurity challenges, working with the right partners, and putting strategic solutions in place, you can protect your data and reputation, allowing you to focus confidently on core business goals.
Written by: Shauna Huntington & Haylie Ridenhour
Posted in General, Small Business Resources