What is Cyber Security and What You Should Consider As A Business Owner

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What is Cyber Security and What You Should Consider As A Business Owner

If you own or run a business, then the importance of cyber security cannot be underestimated. Without adequate measures in place, businesses are leaving their online networks open to attacks from viruses, malware, and ransomware, which can lead to serious data breaches. Here are just a few of the risks posed by lack of cyber security and how to implement them.

Data Protection

In the age of GDPR, data leaks can now have serious financial consequences for businesses, as well as mean long lasting damage to a business’s reputation. It is vital to protect both your business’s intellectual property, as well as client and employee information. The best way to do this is limit the amount of data that is available publicly online, opting instead for internal intranets. Specific data protection software can also help to create unique and advanced passwords, making it harder for hackers to gain access to private internal information.

Malware Risks

A big cyber security risk for businesses is from malware. Malware has the potential to corrupt business files and some malware infiltrations now come with ransomware, where those who perpetrate the attack will only remove it once a fee has been paid. The best way to implement malware prevention is to transfer as much data as possible to the cloud, where it is out of reach from potential hackers. Other malware prevention options include installing anti-malware software, which can then stop and neutralise any proposed malware attack before it has the chance to do any damage.

Virus Threats

Much like malware, a targeted virus threat can infect a business’s computing system without warning, leaving it defenceless against further attacks and data leaks. A virus can be particularly dangerous for a business, as it only needs to infect a small element of software in order to corrupt an entire network. To protect against these types of potentially devastating virus threats, anti-virus protection software is a must. Anti-virus software will be able to detect any virus infection and can then dispose of it safely. Once a virus has been detected, anti-virus software will also be able to store knowledge of it for protection against future attacks. Another good option when it comes to anti-virus protection is to encrypt as much data as possible. Encryption should mean that even if a virus does manage to infiltrate a business’s network, the data they steal will remain scrambled and unreadable. It is also prudent to ensure that all online connections are monitored regularly for security and data breaches.

Future of Online Security

With a reported 43% of businesses in the UK alone falling victim to cyber attacks last year, it is now more essential than ever to have the right security measures in place when it comes to combating the threat posed by cyber crime against businesses. More and more businesses are now actively choosing to invest in new ways to continue to keep themselves GDPR compliant and protected from ransomware attacks, which still pose the biggest online security threat for the future.

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