Hackers cost companies billions of dollars every year. In 2015, hackers cost businesses over $400 billion. That is no small number and any business should be worried about the vulnerabilities within their own electronic devices.
The last thing any company should worry about is a costly, time-consuming hack. Most business owners think the process will be time-consuming and costly, but that isn’t always the case.
Not only does hacking cost a business money, it can damage a company’s reputation. When customers have their data stolen, businesses could lose sales in the long run and have a harder time convincing future customers to buy.
A few simple adjustments can help keep all of your business and customer data safe.
Set up two-factor authorization
Two-factor authorization requires one extra step before you can log in to any system. Most people have experienced this with sites like Gmail, but to make it simple, you enter your password to log in. Then, you’ll receive a code on a second device, such as a phone, that has to be entered before the login can be completed.
Consider setting up a VPN
VPN stands for Virtual Private Network, which creates a secure network and protects all of your business communication. With internet privacy laws changing constantly, a VPN gives you a better alternative to keeping your data safe. While they might seem complicated use, it isn’t so hard once it’s set up. This will keep data secure compared to using the traditional internet.
Set up cybersecurity insurance
Cybersecurity insurance can keep your company safe if an attack does get through. While the average insurance cost can cost a few thousand dollars, it is worth it compared that to the damage that can be done by a severe hack. Preparing for an attack before it happens gives employees and managers a procedure to follow if it does happen. Setting up insurance and putting a plan in place can save businesses countless savings down the line.
Be picky about your software
Faulty software is responsible for about 90% of security incidents. Businesses need to know their software in and out before putting sensitive information into it.
Before a company buys any software, there are a few steps to take. Read as many reviews as possible, especially by technology experts. When possible, call a security expert to get their opinion on a piece of software. Search through blogs to see if anyone has mentioned security vulnerabilities in any of the possible software.
A few simple tweaks can keep business and customers safe from the ever-changing vulnerabilities in technology.
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