As with everything, there are pros and cons, good things and bad, and that is no different when it comes to technology. You see, the digital age has made it easier and cheaper than ever to launch a business, but with this ease comes an increased level of threat. That is the major downside. As such, it is imperative to protect your business, and that means knowing what threats are out there.
Take a look at the most prominent cyber security risks to your startup business, and learn what you can do to protect yourself from them.
The Rise Of The Internet Of Things
This has been the biggest buzzword over the past year or so, and continues to be because the internet is constantly evolving and at a truly unstoppable pace. Everyday items are now harnessing the power of the internet, from smart fridges to toasters to heating systems; everything is now using the internet. This has opened up new opportunities for hackers, which is mainly because smart devices aren’t very smart when it comes to security. It has all too often been an afterthought, and so they are often an easy way into your business networks.
To protect yourself you need to know what smart devices are used by your business and then do your research on what security flaws they possess. Once this is done, get your IT support team to protect them with firewalls and encryption software like you would any other piece of software using your network.
The Challenge Of Human Error
It is said that almost three-quarters of all data breach incidents occur simply because of human error. There are a lot of risks out there, and a lot of sophisticated techniques are now being used to get entry to a business’ database. In fact, there have been increased reports of spear phishing, file ransom investigation and social engineering.
In order to better protect yourself on this front, you need to educate your staff about the risks and that is best achieved through regular training. By having proper procedures in place and a checklist that employees can work off, you will better protect yourself from any threat. Training will also highlight bad habits and improve them, such as using weak passwords or unprotected WiFi routers.
The Rise In Bring Your Own Device To Work
Employees now bring their own devices to work and connect them to your business network on a daily basis. These could be phones, tablets, laptops, smart watches or just about anything else that uses the internet. In short, this poses a big threat to your security because it drastically increases your chances of allowing unauthorized access to your networks and being attacked by malware.
To protect yourself on this front, it is imperative that you carry out a risk assessment to understand what risks pose a threat to you and from where. From here, it is a matter of communication and setting out an employee policy that prevents sensitive data from being shared, stolen or accessed. This can be done by educating your staff on their responsibilities on this front, and that if the policy isn’t followed then this privilege won’t be continued.