Cybersecurity
Cybersecurity

Proven Cybersecurity Strategies For SMEs During A Festive Season

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The Christmas and New Year season has arrived; it is a time of joy, relaxation, and celebration. It is also a time when cybercriminals target businesses, whether closed for the holidays or still open for business. SMEs are frequently the primary target of cyber criminals rather than larger corporations because they have fewer backups, making them an easier target. Furthermore, because cybercriminals are becoming more effective and their strategies are evolving rapidly, SMEs find it challenging to keep up, making them a soft target.

As an SME, you must begin implementing all security plans to protect your customers’ data and your company’s vital information during the holiday season.

In this short article, we’ve curated a list of security plans to protect your company from cyber theft during and after the holiday season.

  1. Understand the type of vulnerability associated with your business:

You must be prepared, and to be ready, you must first understand the types of attacks that may affect your business. The following are some of the most common attack methods to be aware of:

  • Phishing: Phishing is a common cyber-attack in which the attacker sends a fraudulent text message to collect sensitive information such as passwords and credit card information from unsuspecting victims.
  • Social engineering: In social engineering, the attacker uses social interaction to establish a relationship with the victim to learn more about the person or organization.
  • Keylogging: Keylogging is a type of software that records and saves all of your keystrokes as well as taking screenshots. Because anti-virus software does not always detect keylogging, it is a hazardous cyber-attack.

2. Inform your employees about the significance of cyber security:

Because humans are said to be the weakest link in any organization, it is critical to educate employees on best practices for email usage. The most important information to communicate to them is to avoid opening or clicking links from unknown senders while consistently verifying that every email is coming from the correct source before opening it. Employees should always check for typos and grammatical errors, which can indicate a spam email.

3. Utilize a strong password: Businesses and individuals should learn how to use a strong password. Businesses should also change their passwords regularly because hacking software can try up to ten million password combinations in seconds. Two-factor authentication and password managers can also protect data that hackers find appealing.

4. Update all your hardware, software, and security measures: Always keep all hardware, software, and security applications up to date; doing so will protect the company from the latest threat and ensure that the infrastructure is well protected.

5. Create security policies: To protect the company from cyber-attacks, the security protocol for each aspect of the business must be defined. It’s also critical that the policy addresses not only standard practices like routine security audits and data backup but also newer concerns like:

  • Social media security
  • Cloud computing

In addition to security policies, an incident response plan should be in place so that the company is prepared and ready to respond appropriately if any cyber attack happens. You can also do a test run with the employees to ensure everyone understands the plans and to see if there are any gaps in the procedure.

Finally, suppose you are a small business and have yet to consider the consequences of cyber-attacks on your company; it is time to start taking it seriously and implementing plans to avoid cyber-attacks. Implementing Identitypass KYC solutions is a simple strategy for preventing fraudsters from entering your platform. Get started here and finish the year in safety.

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