The right approach to cybersecurity: Here’s how businesses can do better!

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Increasing number of hacking attempts, data breaches, and cyberattacks is a matter of concern for businesses around the world. Cybersecurity is not a farfetched word for a company anymore. Businesses need to consider the security concerns, keep a watch on trends and recent incidents, and create a plan that would address cybersecurity with a proactive approach. In this post, we are reviewing how businesses can do better when it comes to cybersecurity and the best practices that would go a long way in preventing breaches.

Train employees, managers and executives

Many cybersecurity lapses and breaches can be traced back to internal resources. Unfortunately, employees are the weakest link in managing security concerns, and they need to be trained and informed. Companies are now opting to hire cybersecurity experts, who train people within the organization about social engineering, common cyberattacks, and safe browsing practices. Also, employees need to be aware of their role and responsibilities when it comes to preventing and reporting incidents.

Updates, backup, and encryption

From IP cameras to network resources, antimalware software, accounting programs, and other apps, everything has to be updated on a timely basis. Manufacturers of such software are constantly offering firmware and software updates, which take care of bugs and patching, and using the latest version of every program & firmware is a must. Also, it is necessary to create a backup of data. On purpose and often unintentionally, businesses gather data, which must be encrypted and protected. Encryption is also necessary for selected resources, accounts, and for privilege accounts, multifactor authentication is absolutely necessary.

Focus on passwords

Many companies still not focus enough on creating strong passwords. Default usernames and passwords must be changed right away, and passwords need to be long, must have special characters, numbers, and upper-case and lowercase letters. If multifactor authentication is required, it is wise to figure out what would work for the employees and is easier to deploy.

Access control

Having a clear cybersecurity policy is another important pointer. Who has access to what information within an organization? -This must be known to the management. People need to be aware of the nature of data, resources, apps & programs they are responsible for.  It is the best way to keep a watch on access and create barriers where necessary.

Companies also need to ensure that access rights are updated, revoked and granted on priority. A few steps can take cybersecurity stance to the next level!

Louis Jones

Greg Jones: Greg's blog posts are known for their clear and concise coverage of economic and financial news. With a background as a financial journalist, he offers readers valuable insights into the complexities of the global economy.