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Cybersecurity tips to protect your business now

Cybercriminals have found an open season as a result of a large global migration to remote working settings. Random cyber assaults may affect businesses of all sizes, therefore improving your company's security posture is critical right now.

When you're operating a business, you're likely to be preoccupied with growing your income rather than securing your infrastructure. Unfortunately, attackers are aware of this and believe that any company might be a simple target.

In this blog, we’ll highlight some of the most common cyber attacks that are likely to happen to businesses, and alongside this, we will also present some suggestions so that you can begin to provide better security for your own business.

What is Cyber Security?

According to NCSC, the term is defined in the following:

“Cyber security is how individuals and organisations reduce the risk of cyber attack. Cyber security's core function is to protect the devices we all use (smartphones, laptops, tablets and computers), and the services we access - both online and at work - from theft or damage. It's also about preventing unauthorised access to the vast amounts of personal information we store on these devices, and online.”

Cyber security is incredibly important for your business because smartphones, computers, and the internet have become such an integral part of our lives. From online banking and shopping to email and social media, it's more critical than ever to take precautions to protect our accounts, data, and gadgets from cyber attacks.

What are the most common types of Cyber Attacks?

The following are some of the most prevalent assaults that many firms face:

  • Phishing is when someone sends you an email purporting to be from your bank, internet service provider, or other organisation that isn't who they claim to be. They usually ask you to click a link so that they may collect personal information from you.
  • Remote Access Trojan (RAT) is used to gain access to your computer's camera and microphone, as well as install other malicious software.
  • A keylogger is a piece of software that captures everything you enter on your keyboard and is frequently used to steal passwords and credit card information.
  • Shoulder surfing is when an attacker looks at your screen and gathers personal or private information.
  • Malware is software that is designed to harm or exploit a device, service, or network. Viruses, Trojans, worms, ransomware, and other malware fall under this umbrella phrase.

How can I protect my business from cyber-attacks?

There are a few things you can do to safeguard your company's data against ransomware. Here are some of the most important cybersecurity strategies for boosting your company's cyber resilience:

Conduct a risk assessment for security

Understand the most serious hazards to your organisation, such as system failures, natural disasters, and malevolent human behaviour, and how they could affect your firm.

Every company, especially those that must comply with compliance norms and regulations, should undertake frequent security assessments.

Routine evaluations can help you figure out if your current security measures are up to the task of providing the degree of protection that your company demands.

Employees should be educated and trained on Cyber Security

To educate consumers on typical scams and how to prevent them, provide regular staff awareness training throughout your whole workforce.

Because cyber threats are always changing, ensure your training material is current and updated on a regular basis.

Make sure your software is up to date

Threats will be able to infiltrate your security if your software isn't patched or updated. To get access to systems and data, cybercriminals use a number of ways to attack software flaws.

Remember to keep your mobile phones up to date as well, as they are vulnerable to cyber assaults as well.

Consider cyber security a corporate policy

Create and communicate a clear set of guidelines and instructions for staff on cybersecurity procedures.

This may differ from company to company, but it may include social media restrictions, bring-your-own-device (BYOD) policies, authentication requirements, and more.

If you are unsure of which company policies to create, visit our blog, “Company policies you should have,” for more information on which company policy is most ideal for your own business.

It may be intimidating and challenging to run a business in such unpredictable times. In addition, the government continues (and will continue) to implement new tax regulations that we must all follow in order to avoid sanctions. Persona Finance recognises these difficulties and strives to simplify your business needs by delivering the most essential remote accounting services accessible. For more information, contact us at [enquiries@personafinance.co.uk].
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