6 Tips To Improve Your Business’ Cybersecurity

As technology evolves, so is the need for businesses to reinforce cybersecurity measures. As software developers and information technology experts continue to fight cyber threats such as malware, ransomware, and different types of phishing, cyber hackers are also keeping up with these advances.  

When it comes to cyber hacking, it’s just a matter of when. Business organizations of all sizes can suffer from cybersecurity problems if the issue is not handled proactively. Whether you’re running a multimillion company or a fresh startup, here’s how you can outsmart cybercriminals and make their work more difficult.   

1. Consider I.T Outsourcing 

Cybersecurity requires continuous evaluation and updating, not to mention upgrading. If you don’t have at least one person to handle these concerns in-house, it’s best to hire third-party IT specialists. You can start looking for one in your area by searching cyber security Brisbane, for example.

Outsourcing your cybersecurity activities may look costly upfront, but a comparative analysis between hiring an in-house team and seeking on-demand services will show that your company is going to save more by outsourcing IT work.

Additionally, outsourcing cybersecurity services means you’re secured 24 hours a day, seven days a week, and could have access to customer service if something happens, even during emergency situations. I.T professionals have access to the latest technologies, and hiring their services means your company will benefit from these state-of-the-art devices and software, too.

2. Foster a Cybersecurity Culture   

Cybersecurity is the responsibility of everyone in the business organization. Organize at least an hour of cybersecurity training for your staff at least once a year, or include it as part of your orientation for newly-hired employees.   

A simple sharing of information about the dos and don’ts in promoting cybersecurity will do. For instance, you can remind your employees not to connect to a public Wi-Fi, or teach them how to identify phishing scams or emails. You should also send recent updates about issues such as hacking, cybersecurity tips, and other related information.    

3. Always Update Your Software 

Software developers are always on the lookout for security issues in their products. Cyber hackers work the same way, checking software and apps for loopholes and using these weaknesses to launch attacks. 

Business world cybersecurity

That being said, software companies issue updates regularly in the hopes of improving the system’s resilience to cyber threats. Make it imperative for your staff to install regular updates to ensure the safety of your company’s sensitive data. Complemented by other cybersecurity measures, you can rest assured that your data stays secure.   

4. Activate Multi-Factor Authentication 

Some may think of this as an unnecessary layer of extra security, but a two-factor identification (2FA) can be effective in averting cyberattacks. Hackers have become so advanced these days that they can access complex surveillance systems.  So, when it comes to cybersecurity, you should leave no stone unturned, as the saying goes.   

To the uninitiated, 2FA requires you to enter your password, which by the way, you also need to change frequently, and add another set of credentials which could either be a fingerprint, a one-time password, or a code.   

It’s more advisable to upgrade to multi-factor authentication, which requires more than two authentication methods. This improvement generally gives added security to your account. If you’d rather stick to passwords, consider having a password managing app that has built-in encryption to make them safe from cyberhackers.    

5. Avail of Advanced Cybersecurity Systems  

According to industry studies, enterprises with robust cybersecurity prevention methods can save up to $1.4 million for every cyberattack failure, making cybersecurity a worthwhile investment. 

We’re bringing this to the table since the next suggestion may require shelling out large amounts of cash. And we’re talking about availing of a machine learning cybersecurity system. It sounds fancy and may carry a hefty price tag.  

Cybercriminals have become highly sophisticated in their craft, and they sometimes find it too easy to breach cybersecurity structures built by some companies. That’s likely due to the fact that current cybersecurity applications are quite static and easy to break through.

With machine learning, cybersecurity systems can actively analyze and predict cyberattack patterns and respond proactively. Machine learning can identify the ever-changing patterns employed by cybercriminals in getting through security systems and protect your system in real-time.     

6. Enable Confidential Computing 

Companies have found a new approach to cybersecurity and it’s called confidential computing. This new approach refers to a new technology that enables data isolation while it’s being processed. A data that’s being processed makes it vulnerable to hacking because it needs to be unencrypted. Confidential computing works by encrypting your data even during operations. The central processing unit (CPU) performs this isolation, with the data in question remaining inaccessible to a program or a person.     

The Bottom Line 

There are diverse techniques that could help businesses strengthen their cybersecurity systems. The implementation of these methods will depend on the setup and capacity of your organization. 

Rakesh Babu
Rakesh Babu
Rakesh Babu is a business analyst with a focus on startups. With an MBA and years of experience, he's a go-to source for insights on entrepreneurship. Beyond the business world, Rakesh is a chess aficionado and an amateur astronomer, always curious and seeking new patterns – whether in the stars or the stock market.

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