Irrespective of the size of your business, there is always a lot of work to be done, and certain things end up taking a backseat. That includes data security and cyber protection. This can be a costly mistake, though, if your business data is threatened before you take security measures. Knowing about basic protections is important to make sure your business does not suffer a major setback.

What Makes You the Target of Cyber Attack?

There is a common misconception that small businesses and start-ups are invisible to cyber criminals because they are small. Cyber security and data management is often neglected in such companies, and criminals are eager to take advantage of this misconception, making start-ups an easy target. Cyber attacks can lead to data security breaches and financial loss that can cripple a small company.

Preventing Cyber Attack

There are preventive measures you can take to ensure your business’s cyber security:

  • Identify information at risk

While some data may be harmless in the wrong hands, the same cannot be said about confidential data. Be it accounts, expenditure-related records, or business quotations, loss of such data can be a major loss for your company.

Learn about software and applications to record sensitive data like employee records, customer data, financial information, and secure data thoroughly with high-quality anti-virus software and anti-malware.

  • Educate employees about basic cyber protection

Often breaches of privacy or security happen because of lax security and user ignorance. Educate employees about the risks of cyber attack and what they can do to prevent them. At a very basic level ask employees to keep their passwords secret, securely manage their access cards, and not to disable antivirus software under any circumstances.

  • Security policies to be strictly followed

Employee errors leading to security breaches can be avoided if your company has a strict confidentiality policy. Minimizing such threats become easier with an organized process. Here are a few things to make sure are part of your company’s security policy:

  • Business laptops should not be used for any other purpose and must be closely monitored.
  • Passwords should have an unconventional pattern unique to your company so they are difficult to hack. These should be changed periodically as well.
  • Laptops, computers, and other business devices should be kept updated and replaced on a schedule. Closely monitor antivirus and firewall subscriptions and renew them when they are close to expiry.
  • Encrypt mobiles used for business purposes.
  • Use only the best bookkeeping software and accounting services to secure financial data.

Cyber attacks are increasing as more and more business-related work gets digitized and remotely executed.People are apprehensive about virtual bookkeeping and data entry services for small business because of such crimes. Nevertheless, if you seek out a reputable bookkeeping company to handle your work and maintain a robust data security on your end, you can save your company from cyber-attacks.

Published by Eric Foley