3 Common Security Mistakes Companies Can't Afford To Make

By Sapenta Team on 6th June 2018

Start-ups and innovative companies have the ideal mindset for facing the struggles of the business world.

 

Do whatever it takes, no matter how hard the work is - it will be worth it in the end. Growth is always a priority. Which can be a really great thing. But it also comes with it’s own achilles heel. Depending on the industry you’re in, there should be other priorities. For example, protecting company-sensitive information, and the data that your clients trust you with. At the end of the day, this is just as important as your marketing and growth strategies.

This article should serve as a go-to guide for five of the most common mistakes that companies tend to make. Not only will we be going through each of these mistakes and listing why it is terrible for the long-term. But we will also cover how to avoid them.

Failure To Prioritize Business Security

 

For some reason, there's a huge misconception in the business world that small companies don't need to worry about security as much as larger enterprises. Thinking cyber criminals would rather go for the "big fish". On average, according to recent studies, small companies score a whopping 8/100 in terms of security maturity. Even worse, in a report by Verizon Data Breach Investigation, 61-percent of all breaches hit small businesses. If that's not enough to get you worried about your companies security, I don't know what would do it.

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Ensure You Employ SSL Protection Across Your Web Assets

 

Chances are as a small business, you are trying to maximize the leverage of your online assets. From your social media platforms, to your website. Which is where all the magic happens, right? Well, have you taken the time to implement Secure Socket Layer (SSL) protection on your website?

This is one of the basic principles behind website protection. Not only will it improve your brand trust as consumers will feel more comfortable visiting / ordering through your website, but it also tightens up security. After all, you never know when you will find yourself in the scopes of a cyber criminal looking to make a quick buck. 

Not Developing A Backup Protocol For Emergencies

 

There is a reason why risk assessment is so important for businesses. There are adverse challenges that may arise on a daily basis. From physical danger, right down to cybercrime. In fact, you should even have a failsafe to keep your business running in light of a natural disaster. But more and more small businesses are failing to have this in place. Which can cost a fortune if something were to happen. Rather be safe than sorry. There are two ways you can protect the security of your data:

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Develop A Business Continuity And Resilience Strategy

 

Considering the risks that your business faces on a daily basis, you need to plan for emergency. Imagine if a natural disaster hit right now, how would you recover? Would your workers be able to work? What about business critical servers, how would you recover these? Or on the flip side, what happens if all of your customer information got held for ransom? Would you need to fork out the unimaginable sum, or do you have a place you can turn to for a backup of this data? All of this needs to be covered in your business resilience strategy

Don’t Forget To Maximize Your Cloud Usage

 

The Cloud is a safe-haven for business critical information. Not only is it virtually impossible to hack, but it is also available regardless of where you are in the world. Considering more and more small businesses are relying on freelancers and remote workers, this is a really great way of storing, and managing information.

The only risk to cloud computing comes when you share important folders, and sheets. Which is it’s one point of weakness. That is where employee training needs to come into the picture. It is important to ensure your team knows and understands the importance of sharing and access policies. It is also considered good practise to train your employees to recognise, and be able to avoid potential cyber criminal attacks. After all, they work on your business critical data all day long - if cybercriminals will target anyone, it will be them. 

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Policies For Security Strength And Suspicious Activity Warnings

 

Bob1234, S3cur3Password, and your cat’s name. What do all of these have in common? They make absolutely dreadful passwords. The problem is almost 60-percent of all users in an organization use the same terrible password across all their platforms. Both personal, and business. Which is why our final tip to ensure you don’t end up on the wrong side of the picket fence is to make a policy to prevent this. Ensure you regulate strong, diverse passwords throughout all of your business critical assets. From different platforms, to your website, and client portals.

 

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