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One of the biggest questions we get from clients and prospects is “What can we do to protect ourselves from cyber attacks?” It is a sensible concern. A cyber attack that freezes operations or seizes data can ultimately shut a company down for good. There are some basic, simple things you can do to protect your company and there are more sophisticated tools available. In this blog, we look over a spectrum of 4 things you can do to improve your data security, from the simple to the high tech.

  1. Employee training – It may seem so simple, but training your employees on an ongoing basis about their role in cyber security may be the best thing you can do. Why? Because well-meaning people do things when they get near a computer that can be very risky.

Simple things like forbidding the use of external storage devices being brought to the workplace. One of the more notorious data breaches occurred because a subcontractor employee–who had access to a large corporation’s IT infrastructure–found a thumb drive in the parking lot and plugged it in to see what was on it. Beyond that, simple phishing scams are still very effective at tricking people into opening nefarious websites. Ask your MSP for guidance on creating ongoing training programs that explain phishing scams and similar tricks and instruct everyone how to avoid them. Do it on a regular basis. It is easy to forget and let your guard down.

  1. Software updates – This one is also basic, but it carries a lot of value. Each time you receive a notice about a software update, stop and do it then. Don’t put it off until tomorrow. These updates not only provide new, improved features. They often provide fixes to vulnerabilities in the software or address threats and viruses that have developed.
  1. Zero day alerts – Zero Day alerts are kind of like a neighborhood crime alert.
    You are busy running your own company and your time is not spent tracking the latest threats developing out there in the cyber world. Your MSP may offer text or email alerts about new threats and how to protect yourself from them.
  1. Finally, there is a more complex, after the fact, security precaution you can take. Cyber insurance. Cyber insurance may be able to cover some or most of the losses incurred as a result of a security breach. It won’t defend your data proactively, but, should the worst happen, it may provide protection against loss revenue and damages. Standard commercial property insurance policies do not generally include provisions for the damages from cybercrime. In a growing number of commercial policies, they are specifically excluded. As a result, executives who recognize the catastrophic damage that a cyberattack can inflict on their business are looking at cyber insurance to transfer the financial losses to a third party. However, there are some pretty deep weeds to get into when looking for a cyber insurance policy. Just for one example, some policies may create requirements and security standards you must meet before an event will be considered a covered loss. A Managed Service Provider can offer guidance into whether this is an avenue to explore.So there you have it. You have to protect your organization from the threats and consequences of data losses due to a security breach.

According to a report by Verizon, 80% of data breaches are caused by weak or stolen passwords. In addition, the report found that 60% of users reuse the same password across multiple accounts, making it easier for hackers to access multiple accounts with a single stolen password.

Maintaining good password hygiene is essential to protect against these threats and keep your accounts secure.

Weak or compromised passwords can be easily cracked, allowing cybercriminals to gain access to our data and steal our information. Here are a few password hygiene best practices to consider,

Use Strong Passwords

Using strong passwords is one of the most crucial steps in maintaining good password hygiene. A strong password is one that is long and complex, using a combination of letters, numbers, and symbols. Avoid using easily guessable passwords, such as “password” or “123456,” and avoid using personal information, such as birth dates or names.

Update passwords or revoke access when employees leave the organization

Changing passwords regularly is another essential step in maintaining good password hygiene. It is recommended to change passwords every 90 days or sooner, depending on the level of security required. Passwords need to be updated regularly and access to data has to be revoked when employees are no longer authorized to access it. However, this important step is often overlooked. This is especially an issue in SMBs where the staff is pretty busy and turnover is high. They are too busy to remember to change the passwords once a staff member quits, leaving their data vulnerable. So, next time the new intern finishes their stint with you, make sure you change the password and revoke their access.

Enable Two-Factor Authentication

Two-factor authentication adds an extra layer of security to your accounts. It requires you to provide a second form of identification, such as a code sent to your phone, in addition to your password. Two-factor authentication makes it harder for hackers to gain access to your accounts, even if they have your password.

Don’t Reuse Passwords

Sometimes people find it difficult to remember multiple passwords for various files and applications, so they use a single good, strong password everywhere. Using the same password for multiple accounts is a common mistake that can compromise the security of all your accounts. If one account is compromised, all accounts using the same password are also at risk. Using a unique password for each account decreases the amount of damage that can be inflicted in the event that one password is compromised.

Avoid Writing Down Passwords

Writing down passwords is a risky practice. It is easy to misplace or lose the paper where you wrote down your passwords. Avoid writing down passwords, and if you must write them down, keep them in a secure place, such as a locked cabinet. This applies primarily to an office environment, where desks, files and notepads are in open view and available to all.

Don’t share your passwords

Never share your password. If you need to give data access to multiple people, make sure each one of them has their own access credentials. This creates an audit trail and helps trace the data breach back to its origin if it occurs.

Be Wary of Phishing Scams

Phishing scams are a common way for hackers to gain access to passwords. Phishing scams involve sending an email or text message that appears to be from a legitimate source, such as a bank or social media site. The message typically asks you to click on a link and enter your password, giving the hacker access to your account. Before you click on any link, it is essential to verify if the links are genuine