
Cyberattacks and data breaches not only threaten large employers but also present a major concern for small businesses. In many instances, small businesses can be more vulnerable to cyberattacks because they lack the resources, protocols or proper systems to protect themselves. According to the Identity Theft Resource Center’s 2022 Business Impact Report, nearly 45% of small businesses and self-employed individuals experienced a security or data breach between July 2021 and July 2022.
Cybercriminals frequently target customer and employee data. While external threat actors are the most common causes of data breaches, incidents involving remote workers, malicious insiders, third-party vendors and human error also leave small businesses exposed.
Here are some essential tips to help small businesses protect themselves from cyberattacks:
- Use strong passwords and authentication. Requiring employees to use unique passwords—changing them frequently—and implementing multi-factor authentication can reduce the risk of cybersecurity breaches.
- Train employees. Establishing security policies—such as requiring strong passwords and creating internet use guidelines—and training employees to recognize threats can be one of the best ways organizations can protect themselves.
- Backup critical data. Organizations should regularly backup critical data, like word processing documents, spreadsheets, databases, financial and HR files, and account information. If small businesses can’t back up data automatically, they should do it at least weekly, storing it offsite or in the cloud.
- Use virus protection software. Ensuring security software, web browsers and operating systems are up to date can often be the best defense against viruses, malware and other online threats. Employers should update virus protection software regularly and scan all computer files after each update.
- Install firewalls. Firewalls prevent outsiders from accessing data on a private network and act as a gatekeeper between an organization’s computers and the internet. Employers should ensure their operating system’s firewall is enabled. If any employees work remotely, organizations should ensure those workers’ systems are firewall protected.
- Secure networks. Small businesses should ensure their Wi-Fi networks are secure, encrypted and hidden, and router access is password protected.
- Control access to computers. Lost or stolen computers can make an organization vulnerable to cyberattacks. Employers can reduce this risk by creating separate user accounts for each employee and requiring strong passwords. Employees should ensure their devices are locked when not in use.
The internet allows small businesses to reach new customers and can improve productivity, but it’s not without risk. By establishing cybersecurity protocols and creating a culture of security, small businesses can protect themselves and their data from growing cybersecurity threats.
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