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December 8, 2016
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10 Ways to revamp your business security efforts in 2017

10 Ways to revamp your business security efforts in 2017
With businesses today under persistent threat, particularly from cyber crime, knowing the risks and how to ensure you have adequate protection is important. The statistics for data theft, online fraud, and cyber crime, make for a disturbing read. Apart from the loss of customer trust and reputation, full-on data breaches, hacking attacks, and malware infections disrupt daily working schedules and cause immediate financial losses. To help you solve the problem, below ten simple ways to revamp your business security efforts in 2017.

1. Know your data
Understand what information is business-critical or sensitive since not all data is equal. Considering what could happen if a breach occurred and sensitive information got compromised, you need to appropriately secure high-risk data by devoting more resources to ensuring just that. Although you must prioritize your security efforts accordingly, you cannot ignore the data classified as less risky.

2. Manage your passwords
Although ensuring they are enforced and safe isn’t easy, passwords are still at the core of all security policies and every financial institution requires a reliable presence. Today, many password management services have corporate options available to help businesses generate and manage passwords. These services often feature various business-orientated extras such as the application of customized policies that restrict access to specific groups, locations or devices and the ability to set a minimal password standard according to policy requirements.

3. Education
Everyone involved in your company has to understand your security policy and why it’s necessary. Education should not be expensive, and you can easily integrate it into the process of inducing members of staff. Sitting with your employees and explaining how these safety measures apply to their individual roles can take as little as an hour every now and then. While education and communication are as important as any other tool employed against cybercrime, implementation has to be from the top down and the bottom up.

4. Encrypt
Although encryption is a controversial consideration, it’s also is quite valuable when it comes to data protection. While it was considered beyond the scope of average individuals, using encryption technology is getting easier. If the data on a stolen or lost storage device is encrypted, it’s less likely to pose any security risk to your business. The best-practice advice is to find encryption options suitable for your devices, information, and company.

5. Prepare
As tedious as it might sound, you must plan how to protect your resources and data as well as what to do if something went wrong. Every type of business stands to benefit from the implementation of a security policy by viewing an IT security strategy as a dynamic device intended to help you understand the significance of data security to your business.

6. Update
You must stay up to date if you want to ensure your business remains secure. Update every device’s operating system, all the software used on a day-to-day basis, and the software running on the security systems protecting everything. As a matter of fact, ensuring your antivirus software is updated allows it to provide optimal protection.

7. Disarm the BYOD bomb
The costs you save by letting your staff use their own devices do not outweigh the security risk. The mixture of business and personal data, together with the lack of corporate safety measures outside the workplace is a disaster waiting to happen. While stopping BYOD might not be an option, you can still minimize the security risk. Solutions can include encrypted work data, dividing devices into secure parts, remote wipe facilities, and implementing policy-based controls requiring the use of locked-down devices.

8. Use the cloud
Using the cloud makes a lot of sense if you don’t have the knowledge or time to be on top of every security concern, as well as the updates and implementations it requires since an excellent cloud service provider (CSP) has time. A reputable CSP is bound to be more proactive than you could be at implementing security and maintaining software patches.

9. Get physical
Security is not all about software. You need to secure both your hardware and access to the premises. Every security policy has to embrace the physical part, and one of the best ways to achieve this is through engaging a reputable security service provider.

10. Act today
When it comes to business security, the best advice is to be responsible for your company’s information right away. Even when you have taken every other security measure, you cannot afford to rest and assume that you are now secure. Security is dynamic, which means a lot about it keeps changing, and it is you who is responsible for securing your data.