EFFECTIVE WAYS TO PROTECT YOUR BUSINESS FROM DATA BREACH

March 19, 2021 Journal, Security

Running a business without adequate data security is a massive risk. In today’s world, no business is immune to escalating data breaches. If you’re running a business, cybersecurity should be on the top of your mind. There are numerous cybersecurity statistics out there that show businesses falling into unfavorable situations due to a data breach. According to World Economic Forum, cyber-attacks are considered among the top 5 risks to global stability.  

Regardless of the kind of business you are running, your business is always susceptible to such threats, and not doing anything to protect your data can lead to devastating consequences. The good news is that with a few rightly implemented cybersecurity measures, you can greatly reduce the risk of a data breach in your organization. 

Here are 5 effective ways to protect your data from getting into the wrong hands.

1. AVAIL THE RIGHT CYBERSECURITY TOOLS 

Do you have the right tools in place to prevent a data breach in your organization? Not having the right cybersecurity tools to protect your data from any possible threats and potential risks is a huge hazard. The most common way for hackers to get a hold of your data is through malware. But, with the right cybersecurity tools, one can assure that malware does not get into your computer or any of your work-related devices. Most of the time, an antivirus can do the job. If you already have an antivirus, make sure that you keep updating it. By updating your antivirus often, you close the doors of any vulnerable spots through which hackers could enter, making it impossible for them to breakthrough into your device.  

2. EMPLOYEE EDUCATION 

Your employees are the first point of contact in your business. One of the top causes for data breaches is careless or uninformed employee actions. Cybercriminals know this and often use it to their advantage. You need to get your employees on board and inform them of the possible dangers of data breaches and methods to prevent the same. Remove your employees from being vulnerable targets to hackers by giving them the right training. Educate your employees on safe internet navigation, identifying phishing mails, effective password authentication, etc. Also, enlighten them on the exact steps that need to be taken in case of a data breach. 

3. DATA BACKUP AND RECOVERY 

Losing important data or confidential information can cost you a fortune or put your business at huge risks. That is why data backup is a must for businesses today. Although you are taking all possible measures to prevent a data breach, it is still advised to play it safe and create a backup of all your valuable data. By doing so, you can plan against any eventuality and ensure data continuity. In the event of a natural disaster, server crash, deliberate attack, or human error, back your data up remotely on a backup drive so that all your data is not compromised during such unfortunate situations. Ensure that your employees are also well aware of doing the same. 

4. ROLE BASED ACCESS

Earlier, every employee had access to all the files on their computer. But today, companies are doing it the hard but right way and restricting access to their critical data. After all, there is no need for a mailroom employee to have access to financial records. This is where Role Based Access Control (RBAC) comes into action. This is a cost-effective way to determine who gets access to what information in a company depending upon the role they are assigned to. This prevents any information from being leaked, and data access is restricted to what’s necessary for an individual to do their job properly. Tailor RBAC into your company’s model to prevent data breaches.  

5. DEVELOP A DATA BREACH RESPONSE PLAN 

You may have state-of-the-art software, the best IT specialists, and cybersecurity conscious employees. But what if you went to work tomorrow and discovered that even then, a data breach had occurred? Surprisingly, not all companies have a data breach response plan. If you do not have one in place yet, it’s about time. Developing a comprehensive breach response plan enables the employer and employee to act accordingly in case of such a situation. It gives a deeper understanding of the potential damages that occurred and what actions need to be taken immediately as a response. Begin your response plan with an evaluation of when, where, and how the data breach occurred. By incorporating swift, decisive actions, you can restore trust and limit damages.  

Isn’t it such a relief to know that with some investment, little tweaks to your system, and re-evaluating your response to data breaches, you can protect your business to a degree? Incorporate these methods into your business to prevent any possible data breaches. If you are looking for the right solutions to protect your business, visit https://www.vsecurelabs.co/.