Originally posted on 30 Dec 2013

On 23 December, a useful article on cybersecurity appeared on the SBA.Gov website.

cyberI’ve blogged this month on the subject and you may be hearing the term “cybersecurity” more frequently these days and wondering how it applies to your small business – if at all. It does. Cyber threats are an issue for everyone, and small businesses are becoming more common targets for such threats and crimes because they often have fewer preventative or responsive resources. So, what do you need to know? Click here for some essentials as featured in one of the latest online training initiatives.

What is cybersecurity?

With the help of technology and best practices, cybersecurity is the effort to protect computers, programs, networks and data from attack and damage.

Why is cybersecurity so important?~

Consider all the information you have that needs to be secure:

•  Personal information for employees
•  Partner information
•  Sensitive information for customers/clients
•  Financial and sensitive business information

The article says that it’s essential to do your part to keep these details safe and out of the hands of those who could use your data to compromise you, your employees and the foundation of your small business. Think it can’t happen to you? Think again:

•  CNN reports nearly half of the data breaches that Verizon recorded in 2012 took place in companies with less than 1,000 employees.
•  A Symantec report showed that 31% of all attacks in 2012 happened to businesses that had less than 250 employees.
•  A different Symantec report showed cyberattacks were up 81% in 2011.

What are common cyberthreats and crimes?

There’s a broad range of information security threats. Some of the most common include website tampering, data theft, denial-of-service attacks and malicious code and viruses.

·       Website tampering: Website tampering can take many forms, including defacing your website, hacking your system and compromising webpages to allow invisible code that will try to download spyware onto your device.

·       Data theft: Data theft can come in various forms, and the problems that come with it depend on what kind of data is stolen. Some examples include:

–       Theft of computer files
–       Theft of laptops, computers and devices
–       Interception of emails
–       Identity theft

·       Denial-of-service attacks: A denial-of-service attack happens on a computer or website and locks the computer and/or crashes the system with which you’re working. This results in stopped or slowed workflow and prevents communication. The ultimate goal of this kind of attack is to prevent you from conducting business with your internet-connected systems.

·       Malicious code and viruses: These threats are sent over the internet and aim to find and send your files; find and delete critical data; or lock your computer or system. They can hide in programs or documents and make copies of themselves – all without your knowledge.

What can you do to protect your business?

The first step to protecting the information in your business is to establish comprehensive security policies – and keep them up to date. Make sure your employees know and adhere to your policies and best practices for internet, email and the desktop. Here are just a few to keep in mind:

·       Don’t respond to popup windows telling you to download drives
·       Don’t allow websites to install software on your device
·       Don’t reply to unsolicited emails
·       Use screen locks and shut off your computer at the end of the day
·       Ensure that your computer hardware and software are updated regularly on all devices throughout the company.
·       Change passwords periodically and use firewalls to protect your systems.
·       You should also consider backing up your data on a regular basis so that if anything is compromised, you have a copy.

If you want to learn more about how to help make your business more cyber secure? Check out the self-paced online training course, “Cybersecurity for Small Businesses,” which features more tips and additional resources to help you along the way.

Related article:  Do Small Businesses Need to Worry About Cyber Security?

For more information, view the full news story (dated 23 December) on Bizezia News at: http://bizezia.com/newsindex/index/12-2013-15

Martin Pollins

Martin Pollins

Managing Director at Bizezia
Martin Pollins is a Chartered Accountant with wide experience in corporate finance and business management. He holds a number of directorships and has served on the boards of several companies, including those listed on the London Stock Exchange, AIM and OFEX.

He was a Council member of the Institute of Chartered Accountants in England and Wales from 1988 to 1996.

Martin Pollins ran his own firm based in Sussex and was the first Accountancy firm in the UK to advertise on television and Martin went on to create and launch the CharterGroup Partnership (the UK's first Accountancy network) and then LawGroup UK (one of the largest networks of lawyers in the country).

Martin started work on the Bizezia concept in 1996, developing the broad range of information resources and products over the past 18 years.
Martin Pollins
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