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5 Cybersecurity Basics Every Business Owner Should Know

Cybersecurity Basics Every Business Owner Should Know

5 Cybersecurity Basics Every Business Owner Should Know


In recent times, vulnerability to increasing cybercrime is very well evident. With digitalization at pace, every business small, medium, or large has to adapt technology to some extent. As cybercrime continues to tarnish the technology world, it has become important for business owners to understand the need for cybersecurity. 

As per a prediction by Gartner, ‘45% of organizations worldwide will have experienced attacks on their software supply chains, a three-fold increase from 2021.’

Small businesses are more vulnerable to cyber threats, But the good news is that it is no tough job to create a strong security fortress around your network.
Learning a few basics can help business owners achieve the network security target. Safeguarding the protected data in the digital arena is cybersecurity and these are a few basics you can learn as a business owner to keep your critical business data protected.

Risk Assessment 

As per a survey conducted by Statista, ‘43 percent of respondents stated time as the primary challenge, followed by lack of personnel to perform assessments.’
The constant assessment of the network keeps all the threats at bay. One of the fundamentals of cybersecurity is to keep monitoring and assessing the entire network to save it from any kind of cyber threat. There are technology upgrades taking place, and they can be executed only when you know the demand of your business network.
Risk assessment involves the examination of data secured and data access. Determining the level of possible data breach and the impact it may have on the company. These parameters are important for the gain of extensive cybersecurity. Performing risk assessments makes the network more responsive.

Deploying Anti-malware

Recently, shocking data was revealed in a Statista survey. The data says that the malware attacks reached a high of 2.8B in the first half of 2022, worldwide. This data says it all! The crucial requirement of anti-malware is evident.
Malware has been a potent cyber threat since it was programmed. The intrusive software is a potent killer of your data and has been destroying systems and networks for a very long time. Still, companies choose to ignore the threats posed by these. The company needs to install anti-malware software to dispose of any threat on time.

Establish a Firewall

Getting a firewall established is one of the most crucial basics of cybersecurity. Everyone has a firewall installed on their systems that guard the system against intrusion or any potent threat. The firewall on the system is the basic but you can further strengthen the system and your network by building a hardware firewall that will guard not only a system but the entire systems on the network.  

Organizations have understood the importance of a firewall and have been adopting it at a rapid pace. The data from business wire states that the ‘Firewall as a Service market worldwide is projected to grow by US$2.3 Billion, driven by a compounded growth of 23.8%.’ This shows the rapid growth in the adaptation of technology.

Security Policies and Practices

Having the policies and security practices documented is of utter importance for a company. A well-defined set of rules as to what data is stored, who can access it, how it is protected and the repercussions of any data breach must be stated clearly. There is always a chance of a data breach, so the owner must keep a proper record of the data access granted.
Every employee must be well aware of the security policies of the company. The company must keep it official through the mail and post at certain accessible places for the employees. Conduct regular updates in the security practices and also, revise the policies regularly. 

Train Employees

Data has shown that 43% of the data loss grows out of malicious or vulnerable internal employees. The employee here can be at fault or vulnerable to the threat.
At times, data access can be provided by the employee as a result of their carelessness. There are employee-oriented cyber attacks taking place through spam mail, links, and other fraudulent methods. To avoid such situations where a lack of knowledge can lead to disaster, a company must train every employee on the network about cybersecurity. Educating the employee is the key.

There are other measures to keep your network strong and threat-free. These may include using strong passwords, a secure connection, analysis of network security, and backing up the data. The availability of many technologies in the market may make it difficult to choose the right way to secure a system. To clear out this confusion, NAKA has been a helpful partner for its long list of clientele. We believe in delivering the right solution for your firm after assessing the requirements to optimize the cost and boost cybersecurity.



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