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Keeping Data Covered: Creating a "Breach-free" Climate

March 20, 2018

The best way to deal with cyber attacks: develop strategies to prevent them from claiming your data and reputation.

Cybersecurity Ventures projects that “cyber crime” will cost the world $6 trillion annually by 2021. The company estimates that ransomware alone cost $5 billion globally in 2017. Is your small business strong enough to withstand key customers’ loss of confidence? To rebound from a significant loss in revenue and reputation? Keys to avoiding cyber attacks and protecting the data and assets you’ve worked to build include:

  • Learning about breach sources that work through your people.Spear phishing,” or spoof emails, lax password policies, failure to limit network access, and personnel changes are all potential breeding grounds for breaches.  
  • Getting proactive about preventing breaches. Employee education about security awareness is central to protecting your company’s and customers’ data. For example, simulating phishing attacks on employees, regularly, can confirm that they’re able to recognize the threats and respond to them properly.
  • Making protection an organizational priority. Cyber security isn’t something business owners or management can handle on their own. Make sure your employees understand what is expected of them in the event of a breach. A climate of confidence is essential here, because without that, you risk employee hesitation about reporting breaches immediately. Make your entire staff aware of their role in dealing swiftly with actual or suspected breaches, so the company is in the best position to minimize damage and initiate a response-and-recovery plan.

Of course, the best way to manage a breach is to take steps to ensure that you don’t have to deal with one. But by creating a plan for optimizing cyber security awareness within your company and for dealing with crises should they arise, you strengthen the foundation of trust on which your business relationships and operations depend.

Read the Keeping Data Covered: Creating a "Breach-free" Climate guide to learn more about optimizing data and network protection for your business.

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