Cybersecurity system for a small business

Cybersecurity Tips for Small Businesses

As a small business, you’re just as much at risk of a cyber attack as any other business out there. And if anything, you might find it more of a danger due to the financial hardships that you might suffer as a result. Here are some top cybersecurity tips for small businesses to ensure you don’t fall into the trap of a cyber attack.

Conduct an Assessment of Your Network

Assessments can be good for business, whether you’re assessing certain work processes within the company to the effectiveness of your budgeting. An assessment of your network can be very helpful in spotting any weak points within this part of the company. By finding these weak spots, you can then put elements in place to further protect your cybersecurity even more so. The more updates and attention to security, the easier you’ll be able to sleep at night.

Use Multi-Factor Authentication

Multi-factor authentication is like an extra layer of security on top of passwords. According to one study, 92% of businesses have their credentials for sale on the dark web.

The reality is that you’re likely to be part of that 92% and with multi-factor authentication in place, you’re massively reducing the risk of access to your data. Even if someone did have your password, they would need your device to get through this second layer of defense.

Hire an MSP

A managed service provider (MSP) is a common service that many companies will outsource, especially smaller businesses that don’t have the money to hire it in-house. The Verizon 2019 Data Breach Investigations Report (DBIR) found that 43% of cyber attacks target small businesses. 

With an MSP, they can offer you services that include the network assessments mentioned above, as well as protection and integrations to your systems where necessary. Partnering with an MSP means you can give this role to those qualified and knowledgeable of how to keep your business safe and secure. For Indiana businesses, a local IT company in Anderson can help keep cyber attacks at bay.

Use LastPass for Password Protection

Your passwords are something that leaves your small business vulnerable if not done correctly. Seeing as the most popular passwords still tend to be “password” or “123456,” this type of carelessness could cost you the business. With that being said, a certain degree of training is needed for your staff so that they’re aware of the internet and its dangers. If you want to take that responsibility out of their hands, then it’s worth using something like LastPass for secure password protection. 

LastPass is a browser add-on where you create one secure, long password and then LastPass will create the passwords for all your other logins across the internet. The best bit is, you won’t need to memorize these passwords as the software will do it for you. It means you can avoid having to use the same passwords for different logins and it requires less work in general for your staff.

Hopefully, these cybersecurity tips will help prevent your small business from becoming another victim of cyber attacks.