10 Ways to Protect Your Business from Cyber Criminals

Cyber attack or computer crime hacking password on a dark background.
The “bad guys” are no longer just the gangs or guys roaming around with baseball bats and chains. Today, many of them are largely geeky devils – organized cyber criminals – who rob individuals and businesses virtually using their clever brains. Their main target is people and corporations with sensitive, yet insecure data. No one knows if you could be the next prey of their wicked schemes.

Organized cyber criminals are immensely smart and can render significant damage to your business. They consist of the following:

  • Hackers who break into your organization’s PC networks via its vulnerabilities.
  • Programmers who are tech experts that write and code tharmful viruses that negatively impact your computer network.
  • Social engineers are the creative cyber criminals who concoct ingenious strategies that trick users into visiting certain websites that download viruses or give up personal information.
  • Money mules are individuals who buy items from retailers or e-commerce websites using stolen credit cards. Some of them ship products, while others launder money.
  • Rogue system providers are typically dishonest organizations that provide servers, mainly for cyber thieves.
  • Bosses who are simply a crime ring and form groups with objectives to rake in all of the money.

How do Cyber Criminals Commit Crimes?

Cyber criminals snatch your sensitive information and valuable data that may include credit card and social security numbers, email addresses, bank account information, birth dates, and home addresses. With this evil objective, they attempt to take over a user’s present accounts or even open up new ones in order to succeed in making fraudulent charges. In fact, they can also perform phishing operations immediately upon gathering your email addresses.

Cyber criminals look for weaknesses such as your employees who are prone to fictitious, obsolete operating browsers or systems, and social-engineering scams.

How to Ensure Protection

You can take the following 11 smart steps to help protect your business against cyber attacks:

1.   Thoroughly understand your business data

A business cannot completely determine to what extent their organization is at risk until it understands the inherent nature and the amount of data it has.

2.   Create data back-ups, file back-ups and back-up bandwidth capabilities

All of these remedies will help your business retain its sensitive data and information in case an extortion occurs.

3.   Limit your administrative capabilities for both company systems as well as your social footprint

Studies and reports reveal that the organizations who give less employees access to sensitive business information are more secure than those who give multiple people access.

4.   Arrange cyber security training programs to enable that your employees can recognize spear phishing

Each of your employee must learn the necessity of protecting the personal and business information they frequently handle in order to mitigate its exposure to cyber criminals

5.   Always perform necessary background checks on your employees

Performing background checks on your workforce can help you figure out if they have a criminal past which will protect your organization in the future.

6.   Make the most of data breach prevention tools that include intrusion detection

Always ensure that your workers are fully monitoring the provided detection tools. It is not only imperative to attempt preventing a cyber breach, but also to make sure that whenever such a breach occurs, your business is aware of it as soon as possible. When it comes to your organization’s security, time is of key essence.

7.   Ensure your systems are equipped with necessary antivirus and appropriate firewall protection

Once the adequate software is in place, assess all the necessary security settings on the software, email programs and browser. While doing this, always select the system options that meet your company requirements with minimum risks.

8.   Regularly and timely update your security software patches 

Regularly updating and maintaining the cyber security protections on your business operating system is essential to keeping them effective over time.

9. Protect your company with insurance coverage fabricated to compensate cyber risks

Typically, cyber insurance coverage offers protection for expenses related to extortion events as well as data breaches. Choosing the right insurance program will ensure your access to well-versed professionals to effectively manage the situation from beginning to end.

10. Put a well-designed plan in place in order to manage your data breach

In case a cyber breach occurs, your business must have a well-defined protocol outlining that your workers are part of the specific incident response team as well as their roles and responsibilities.

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