Information technology and high-speed Internet are great enablers of small business success, but with the benefits comes the need to guard against growing cyber threats, thefts, malware, ransomware and scams. ~ Federal Communications Commission (FCC)
The Internet allows small businesses to reach new and larger markets and provides opportunities to work more efficiently by using computer-based tools.
Whether a company is thinking of adopting cloud computing or just using email and maintaining a website, cybersecurity should be a priority and part of the plan.
Theft of digital information has become the most commonly reported fraud, surpassing physical theft.
Every business that uses the Internet is responsible for and must implement measures to create a culture of security that will enhance business and consumer confidence. This starts with creating a cyber plan.
In short, small businesses want to keep their cyber infrastructure running and their critical assets secure from cyber criminals. However, the chaos of rapidly changing technology and evolving cyber threats can create frustrating obstacles to your business—or introduce new growth opportunities!
Based on what your business wants to achieve in cyber security, there are best practices you should be doing to increase your chances of success. There are several security practices rank most effective, and which are making the making difference.
10 Cyber Security Tips for Small Business
Broadband and information technology are powerful factors in small businesses reaching new markets and increasing productivity and efficiency. However, businesses need a cybersecurity strategy to protect their own business, their customers, and their data from growing cybersecurity threats.
1. Train employees in security principles
Establish basic security practices and policies for employees, such as requiring strong passwords, and establish appropriate Internet use guidelines that detail penalties for violating company cybersecurity policies. Establish rules of behavior describing how to handle and protect customer information and other vital data.
2. Protect information, computers, and networks from cyber attacks
Keep clean machines: having the latest security software, web browser, and operating system are the best defenses against viruses, malware, and other online threats. Set antivirus software to run a scan after each update. Install other key software updates as soon as they are available.
3. Provide firewall security for your Internet connection
A firewall is a set of related programs that prevent outsiders from accessing data on a private network. Make sure the operating system’s firewall is enabled or install free firewall software available online. If employees work from home, ensure that their home system(s) are protected by a firewall.
4. Create a mobile device action plan
Mobile devices can create significant security and management challenges, especially if they hold confidential information or can access the corporate network. Require users to password-protect their devices, encrypt their data, and install security apps to prevent criminals from stealing information while the phone is on public networks. Be sure to set reporting procedures for lost or stolen equipment.
5. Make backup copies of important business data and information
Regularly backup the data on all computers. Critical data includes word processing documents, electronic spreadsheets, databases, financial files, human resources files, and accounts receivable/payable files. Backup data automatically if possible, or at least weekly and store the copies either offsite or in the cloud.
6. Control physical access to your computers and create user accounts for each employee
Prevent access or use of business computers by unauthorized individuals. Laptops can be particularly easy targets for theft or can be lost, so lock them up when unattended. Make sure a separate user account is created for each employee and require strong passwords. Administrative privileges should only be given to trusted IT staff and key personnel.
7. Secure your Wi-Fi networks
If you have a Wi-Fi network for your workplace, make sure it is secure, encrypted, and hidden. To hide your Wi-Fi network, set up your wireless access point or router, so it does not broadcast the network name, known as the Service Set Identifier (SSID). Password protect access to the router.
8. Employ best practices on payment cards
Work with banks or processors to ensure the most trusted and validated tools and anti-fraud services are being used. You may also have additional security obligations pursuant to agreements with your bank or processor. Isolate payment systems from other, less secure programs and don’t use the same computer to process payments and surf the Internet.
9. Limit employee access to data and information, limit authority to install software
Do not provide any one employee with access to all data systems. Employees should only be given access to the specific data systems that they need for their jobs, and should not be able to install any software without permission.
10. Passwords and authentication
Require employees to use unique passwords and change passwords every three months. Consider implementing multi-factor authentication that requires additional information beyond a password to gain entry. Check with your vendors that handle sensitive data, especially financial institutions, to see if they offer multi-factor authentication for your account.
When it comes to cybersecurity, training and transparency are key. All users have a responsibility, and if they embraced their responsibility, security in the cyberspace would be easier to achieve.
If the non-technical managers and leaders understood the impact of good and poor cybersecurity, they would use the cyber assets they have more responsibly. The workforce would be more careful about the devices they introduce to the network.
For more information, please download the cybersecurity tip sheet.
References:
- https://www.fcc.gov/cyberplanner
- https://apps.fcc.gov/edocs_public/my attachmatch/DOC-306595A1.pdf
- https://www.fcc.gov/communications-business-opportunities/cybersecurity-small-businesses
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