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Beat the Hackers: How to Invest in Cybersecurity

Cybercrime is a very real and serious threat to your business, regardless of its size. Hackers are not prejudiced to small or large companies, as they will happily target all businesses. Don’t allow cybercriminals to destroy the company you have worked hard to build, and learn how to invest in cybersecurity.

Improved Wi-Fi Security

You will have spent much time and money developing your company, and you may also have many investors hoping to witness a return on investment. Unfortunately, it only takes one vulnerability in your business for a cybercriminal to destroy or steal your data, which could mark the end of your business.

That is why you must pay close attention to your Wi-Fi security. If you only have a password securing your wireless internet connection, you could become a hacker’s next victim. Protect your connection with VPNs, network access controllers, firewalls and intrusion prevention systems.

Antivirus Software

Every computer across the business must have antivirus software installed, which must be regularly updated to provide security patches against bugs or other vulnerabilities. So, encourage all employees to routinely update the software to protect your network’s security. Yet, do not simply believe installing the latest anti-virus software is enough to protect your business, as hackers will have plenty of tricks up their sleeve.

Digital Forensics

If your business is the victim of a cyberattack, you will be happy to know you can turn to a trained digital forensic analyst who can trace hacks and recover your important data from an erased or damaged hard drive. It is a smart investment following a cyberattack, as the specialists can analyze all types of electronic devices, such as computers, laptops, smartphones, SIM cards, and more.

Cybersecurity Insurance

Many businesses take out insurance to protect their company against employee fraud or lawsuits, despite the fact both are less common than cybercrime. Cybersecurity insurance can, therefore, provide the financial protection your business may need to recover from a malicious cyberattack.

Employee Training

Human error is one of the biggest causes of cybercrime. Employees can unknowingly create business vulnerabilities by failing to use a strong password or downloading a malicious file. Invest both your time and money into employee training to provide your team with much-needed cybersecurity education, so they will know how to prevent and spot any potential threats to your business and report them promptly.

It could be worthwhile hiring a cybersecurity consultant to provide a workshop on the latest hacking techniques, which can increase your employees’ understanding and awareness, so they will continually be on the lookout.

Business owners not only owe it to themselves to protect their company from cybercrime, but they owe it to their customers, employees and investors, too. So, while each of the above steps can cost a little money, they are a smart business investment.

How has your business invested in cybersecurity? Share your top tips on how to protect a business from hackers in the below comment area.