05 Nov 10 Security Mistakes Small Companies Make
Security Mistakes happen, but cybercriminals often deploy sophisticated attacks and it’s frequently the lack of stringent cybersecurity measures that leaves small and mid-sized businesses (SMBs) vulnerable to breaches.
Many small business owners may overlook the importance of cybersecurity, concentrating solely on growth. They might perceive themselves as unlikely targets for data breaches or view security measures as an unaffordable luxury.
However, cybersecurity is a pivotal concern for businesses of all sizes, including SMBs, which cybercriminals often target due to perceived weaknesses.
Half of all SMBs have suffered from cyberattacks, and over 60% cease operations subsequently.
Fortifying cybersecurity doesn’t have to break the bank. Most breaches stem from human errors, suggesting that enhancing cyber hygiene could significantly mitigate attack risks.
Common Cybersecurity Oversights
Identifying and rectifying common cybersecurity mistakes is crucial. Here are prevalent errors that leave SMBs susceptible to cyber threats:
1. Overlooking the Threat
Many SMBs mistakenly believe they’re too small to be targeted, overlooking the expansive threat landscape. Cybercriminals often view small businesses as soft targets due to assumed resource and expertise shortages. Acknowledging and preparing for these threats is essential.
2. Forgoing Employee Training
Employee training on cybersecurity is frequently neglected by SMBs. This oversight can lead to vulnerabilities, as employees might unwittingly engage with malicious content. Regular training sessions can equip staff with the knowledge to:
- Identify phishing scams
- Emphasize the creation of strong passwords
- Recognize social engineering tactics
3. Utilizing Weak Passwords
A common pitfall is the use of weak passwords, with employees often opting for easily guessable options and reusing them across multiple platforms, putting sensitive data at risk.
Passwords are recycled 64% of the time.
Encouraging strong, unique password use and implementing multi-factor authentication (MFA) can significantly bolster security. It’s all very well saying, “I can’t remember my password”, but if it leads to a security breach, it will cost the business thousands of pounds.
4. Overlooking Software Updates
Ignoring software updates can leave systems vulnerable to attacks exploiting known software flaws. Timely updates are crucial for securing operating systems, browsers, and antivirus programs.
5. Absence of a Data Backup Strategy
The lack of a robust data backup and recovery plan can be catastrophic, as data loss can stem from cyberattacks, hardware malfunctions, or accidental deletions. Regular data backups and restoration tests are imperative.
6. No Explicit Security Policies
Operating without clear security policies leaves employees uncertain about proper data handling and device usage. Establishing and communicating formal security guidelines is fundamental for maintaining data integrity and security.
- Password protocols
- Data management practices
- Incident response procedures
- Security measures for remote work
7. Neglecting Mobile Security
With the rise in mobile device usage for work, ensuring mobile security has become crucial. Mobile Device Management (MDM) solutions can enforce security policies on both company-owned and personal devices used for work.
8. Inadequate Network Monitoring
Without dedicated IT personnel to monitor network activity, SMBs may experience delayed breach detections. Implementing network monitoring tools or outsourcing can aid in the timely identification and mitigation of threats.
9. Lacking an Incident Response Strategy
The absence of a structured incident response plan can lead to chaotic and ineffective reactions to cybersecurity incidents. Crafting a detailed plan that outlines immediate actions and communication protocols is essential.
10. Underestimating Managed IT Services
Believing that managed IT services are beyond their budget, many SMBs fail to keep pace with evolving cyber threats. However, tailored managed service packages can offer affordable and effective cybersecurity solutions.
Discover the Benefits of Managed IT Services
Don’t let cyber threats undermine your business. Managed IT services can offer cost-effective solutions tailored to the needs of SMBs.
Contact Puzzle Technology today for a detailed consultation on how managed IT services can protect and enhance your business operations.
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