Excerpt: If you think cyber security threats only affect big businesses, think again. Small businesses are coming under increased attacks, which could cause extensive reputational and financial damage. Here is what you need to know about cyber security. 1-minute read
Bad Actors Aren’t Just Going After Big Companies
Cyber security is not just a concern for large businesses. Small businesses are increasingly at risk of cyber-attacks, simply because many small business owners don’t take cyber security as seriously as they should. That means their IT systems can be easier to compromise.
What is a Cyber Attack?
Cyber attacks are an attempt by a nefarious source to access a computer network or system. The goal is to access sensitive and valuable company resources, including intellectual property, customer data, and payment details.
Why are Small Businesses Vulnerable?
In many small businesses, owners and employees wear many hats. The person responsible for setting up and maintaining your computers may only have that role because they are computer literate, not because that is their specialty skill set. Pair that with the leading cause of breaches being human error, and you can see why hackers target small businesses.
Cyber Security – Help Protect Your Company from a Cyber-Attack
- Provide training and education for your employees on risks and awareness of phishing schemes, including using company equipment outside of their work location.
- Have policies in place regarding what software is on company computers and who is authorized to install software.
- On any software the company uses, from email to CRM systems, set controls that require passwords to be changed every 90 days.
- Hire a third-party IT company to take all things IT off your plate. Many managed service providers will keep hardware and software current, look for suspicious activity, and monitor your network 24/7 so they can take immediate action if your system gets hacked.
Contact Flourish Today
Cyber security is a real risk that small business owners need to take seriously. But it is only one of the many risks that entrepreneurs have to deal with to keep their business running optimally. Managing those risks takes more time and effort than meets the eye, especially if you want to build your company with a solid foundation. Having experienced input from a business consultant, an outside perspective, is a valuable tool to help you identify and minimize controllable risks saving you time, money, and headaches! So, why not grow your business with a Flourish?