Cybersecurity is at the focal point of small businesses in 2018. They try to align, adopt and advent the latest tools and techniques to stay cyber-safe.
The president of SiteLock, Neill Feather, has predicted the future of cybersecurity in 2018 in concerned with Small Business Trends. He has also shared some tips for small businesses looking for solutions for their data safety and assets within their budgets.
Feather noted a major trend rolling in small companies is that SMBs are increasingly dissatisfied with the solutions they use to improve cybersecurity. Whatever your budget is, there are no 100 percent working solutions that can eliminate the risk. But if you can afford, then it’s still a good idea to buy cybersecurity solutions to remove potential chances of the attack.
This post helps SMBs to advance and optimize their cybersecurity practices in the best way. I have mentioned three points, if followed seriously, can help attain the threshold level of security.
Don’t ignore data backup
Data security and recovery is the key to a company’s success. Organizations cannot function without data, and still, they don’t equip the tools to backup the data they generate on a regular basis. In this way, they unintentionally invite cyber attackers to their businesses. Moreover, a recent study presented by Small Business Trends notes that about 58 percent of small organizations don’t even know what to do in case of a data loss event.
SMBs need to have a robust backup system in place to fight against a multitude of attacks safely. One of the serial attacks of today is ransomware, which involves data encryption on a device or network by hackers, and victims have to pay a smart ransom to unlock it. Moreover, security firm SOPHOS mentioned in a note that the market for ransomware is significantly growing and can lead to a rise in attacks in 2018.
The practice of wiping ransomware off from a gadget by keeping data safe is next to impossible most of the time; therefore,3-2-1 backup is highly appreciable. What does 3-2-1 backup mean? It is a process of storing three copies of data on different mediums that are the cloud and a physical drive – and last is off-site.
If you want to improve your backup system, the Backup-as-a-Service model provided by ISG Technology is the best solution. Most companies use the cloud for their top-of-the-line systems and to implement robust backup, which permits them to use multiple mediums offsite and onsite.
Ransomware-as-a-Service is rising
Ransomware does not need an introduction. Its malicious pieces of software gain access your network, encrypt data and compel victims to pay to retrieve data. Being asset for every organization, sometimes, data loss leads to marginal downtime that cripples overall security systems. Experts say it may get worse with time with the arrival of Ransomware-as-a-Service, or you can call RaaS. The selling of ransomware kits on the dark web by hackers has upsurged the number of attacks.
Why SMBs should worry about RaaS
First, RaaS allows a hacker with limited skills to attack a network. With a kit, hackers get hands-on ransomware faster which would be tough to understand by reading online. This increases the number of cybercriminals while significantly adding amateurs into the dark web. The FBI recommends businesses never to pay a ransomware hacker because they don’t always decrypt your files. The chances are high that the attacker with a kit may not even know how to decrypt, thus creating a mess.
No doubt ransomware is a scary topic, but with the help of cybersecurity training, you can decrease your risk to a great extent. Guide your employees how to refrain from clicking malicious links they receive form unsolicited users while restricting access to disreputable sites can work far better to improve cybersecurity.
Mobile security is fundamental
Some time considered as a luxury, Mobile devices have become a threat nowadays. Their necessity is inevitable, so ignoring this fact can result in significant security ramifications. According to a Pew Research Center report in 2016, about 77 percent of Americans have smartphones that have set the bring-your-own-device trend, allowing employees to use their gadgets to perform various work operations.
Nevertheless, ignoring BYOD by SMBs make them susceptible to cyber crimes. A study done by Gartner reveals that 37 percent of employees use their devices for work without the sole permission of employers.
In the absence of a uniform security system, a huge number of devices access sensitive company information that is accessible to hackers.
The incomplete knowledge of security measures along with ignoring BYOD is likely to put a company at risk. The right time is now to reorganize the efforts your employees put to handle their devices.
Cybersecurity feature is uncertain, but that should not paralyze you. Equipping yourself with proper tools and being prepared for all types of cyber disasters can help you avoid the biggest mistakes while optimizing your cybersecurity.