With cloud software providing the most common platform for small business software and communications, it’s critical to understand the related cyber security risks and to protect yourself, and your company, from sharing things with the wrong people and exposing your valuable company data to misuse.
An important first step is identifying, and helping employees understand, the risks associated with phishing email messages. These messages, which try to trick users into clicking links or attachments that install malicious software, account for around a quarter of all cyber attacks reported by small businesses. Phishing messages often appear as invoices or shipping notifications, making it difficult for untrained workers to spot the potential dangers.
Because your small business likely depends on a variety of cloud services, it’s important to protect those accounts with multi-factor authentication that adds a requirement to add a code that’s texted to a mobile device as well as a password. This adds important protection against your account being compromised if someone steals or guesses your password.
Other important steps you can take toward protecting yourself while still enjoying online activities include:
Also, when you’re creating a profile on a social network or other website, don’t share these pieces of information:
This information can be a great starting place for an identity thief, so making them public is risky. Providing false information for these fields can help reduce the risk considerably.
You should explore where investing in cyber insurance is a good move for your business. The coverage is designed to provide funds to help your company operate in the short-term aftermath of a cyber breach or significant data loss. In addition, some policies include training and loss-control measures to help reduce the risk of a breach, or to mitigate the effects if a loss occurs.
By following these steps, you can give yourself a fighting chance against would-be thieves.