5 Mistakes with Business Cybersecurity and How to Avoid Them

If you’re a business, you should expect to get breached by hackers once in a while, but they don’t need to get into your financial systems. This can be a catastrophic failure for your company. And it’s widespread for businesses to get hacked by hackers.

Around 1,682 companies reported data breaches in 2021. Businesses become vulnerable if their cybersecurity practices aren’t up to par. You can change all that with a few tips.

Here are some of the mistakes with business cybersecurity.

1. Using Weak Passwords to Secure Online Accounts

It is critical to choose a password that is not easily guessed and avoid using the same password for multiple accounts. A strong password should include uppercase and lowercase letters, symbols, and numbers.

Additionally, the password should be changed regularly. Employees should also be trained never to reveal their passwords and to never click on links from unknown sources, as these may contain malicious content.

2. Ignoring Multi-Factor Authentication

Security threats can come anytime, often through phishing, scam emails, malware, and identity theft. However, many businesses unknowingly make mistakes when protecting their data. This can be rectified by implementing a robust security strategy.

One way to do this is to use multi-factor authentication (MFA) for all employees in the organization. MFA adds a layer of protection and makes it more difficult for attackers to access sensitive data.

3. Outdated Antivirus Software and Firewalls

The most common mistake businesses tend to make is failing to keep antivirus software and firewalls up to date. This can leave the system open to the newest threats from cyber criminals. It is also important to configure your software and firewalls only to allow approved traffic and minimize potential attacks.

4. Ignoring Backups

This can cause a substantial financial loss for a business if it ever gets hacked and data is lost. To avoid this mistake, businesses must put in place a reliable backup system and regularly back up data to keep it safe and restore it in the case of an attack.

Additionally, they should ensure their backup systems are adequately tested to make sure they will back up and restore data if necessary.

5. Leaving Network Unmonitored

This means not checking on or monitoring the activity within the company networks. When a business fails to monitor its network, it becomes vulnerable to malicious actors taking advantage of system flaws or weaknesses.

Companies should invest in reliable network monitoring tools constantly updated to detect and block malicious traffic. Additionally, they should keep up with industry trends to know what security measures to implement.

Companies should educate their staff on the importance of cybersecurity and encourage them to keep devices and networks updated with the latest security patches. Visit EisnerAmper to see more on cyber assessments and other helpful information about online security solutions.

These Are Some of the Common Mistakes With Business Cybersecurity

It’s easy to make mistakes with business cybersecurity. Businesses should use secure passwords and encrypt data. They should also stay informed on the latest industry developments and be vigilant about cyber risks.

Proactive cybersecurity will help keep businesses safe. Invest in a solid security infrastructure to keep your data secure and safe.

For more business tips, check out the rest of our blog.