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6 tips for setting cybersecurity goals for your business

Cybersecurity is a major issue for every business, whether you’re running a multinational organization or a local company. Here’s what you need to know about why prioritizing cybersecurity is so important – and some advice on developing a cybersecurity strategy that aligns with your company’s needs and your IT budget. 

Why cybersecurity is so important 

When it comes to cybersecurity, there’s no such thing as being too careful. Cybercrime is rapidly on the rise, and the average cost of a security breach has shot up to over $13 million in recent years. 

What’s more, antivirus and antimalware programs aren’t enough anymore to protect your company from increasingly sophisticated threats. Statistics show that 52% of breaches featured hacking, 28% involved malware and roughly 33% included phishing or social engineering, respectively.

If you plan on keeping your business secure, there are a few steps to follow. 

1) Know what you need from your cybersecurity 

Every viable cybersecurity strategy is designed to achieve two things. Firstly, it should protect your business from external threats. Secondly, it should minimize the risk of negligent employees exposing your sensitive data to hackers. 

To get started, it’s a good idea to download or create a planning tool. This will allow you to note down your cybersecurity goals and how you plan on achieving them. You can revise this plan if necessary and set new goals as you go along.  

2) Establish threats and risks

Make sure you understand the impact of any disaster, be it a security breach or a malware infection, on your operations. Prepare for as many eventualities as possible and review the threats to your business regularly. 

3) Set targets for maintenance 

Update your antivirus and antispyware software regularly, and set up your systems so they automatically download crucial patches when they become available. Maintain your hardware and replace or repair faulty equipment when necessary. 

Make it a goal to change passwords regularly and always monitor access to your wireless network for any suspicious activity.   

4) Schedule backups 

Make sure that you back up important data and system processes at regular intervals. Automate these backups where possible so you don’t forget about them.   

First, decide how frequently you’ll back up data and where you’ll store it, such as in the cloud or in hard copy. Make sure you comply with privacy laws and other sector-specific regulations. 

5) Don’t forget employee training

Your employees are key to ensuring that your cybersecurity strategy is a success. Set training goals and review employee understanding of cybersecurity issues on a semi-regular basis. 

When setting training goals, set out a manageable schedule for cybersecurity training and a plan for monitoring adherence to cybersecurity processes. 

6) Seek expert advice

IT managed services providers are best placed to help you devise effective cybersecurity goals that suit your business needs and your budget. If you’re unsure how to get started on a cybersecurity strategy, or if you’re worried that your current strategy isn’t working, it’s a good idea to seek professional help.  

Staying protected

Although every business is unique, there are some cybersecurity goals common to them all. Ultimately, keeping company data secure from evolving and existing threats should be a priority for every business going forward. For more information on developing a cybersecurity strategy that suits your business, contact us today.

Real Risks of Cybercrime

First of all, there is a saying going around that “it’s not if you’ll get breached, it’s when”. Today, effective protection requires insight into both the nature and motivation of attacks. Unfortunately, most businesses don’t know who is attacking them, why, or what they’re after.

Cybercriminals are no longer solitary figures who carry out their crimes in isolation, but instead part of an ever-expanding network of virtual crime that’s gaining power every day. The evolution of cybercrime has led to the emergence of a crime sphere that’s highly connected, spread out across the globe and alarmingly efficient in terms of their capacity to compromise networks and steal data and money. Businesses can count on the principle of continuous improvement among cybercriminals.

Breaches are not events, they are processes. Today, the worst breaches are not “one time attacks or thefts”. They are system vulnerabilities exploited over long periods of time. This means it is just as important to know when you’ve been breached, and how to shut it down, as it is to prevent the breach in the first place.

The good news? We’ve been seeing some really good solutions coming down the pike, including incident response, compromise assessments and advanced threat management services. The goal of a cybersecurity strategy is to reduce exposure, recover faster and reduce potential damage.

First, you have to know what’s coming. This is about being proactive by identifying vulnerabilities and taking assessment of your capabilities. Second, you need to secure your digital interactions by hardening your defenses – often at the code level. Staff training around common cybercrime tactics is recommended. Third, detect and manage inevitable breaches with robust analytics. Finally, it’s extremely important to ensure business continuity and availability of your IT environments, systems and apps.