Ways to prevent cyber attacks on your company

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Cyber Attacks on businesses seems to be inevitable- at least with the prevailing situation in the cyber landscape. But security analysts say that to a large extent most of these attacks are avoidable if companies chose to follow the below-specified steps crafted specifically to protect their enterprises against cyber attacks.

1.) The first and foremost solution to prevent cyber attacks on companies is to have a secure and sophisticated hardware which are password protected and backed up by 2-way authentication. Also, it is better if you don’t overlook the effectiveness of protecting your physical storage disks. Because if neglected, then it gives an opportunity to anyone and everyone to walk away with your firm’s sensitive data.

2.) Safeguard your companyā€™s hardware- A survey conducted by IDC says that most of the data breaches occur when stolen equipment reaches the hands of the hackers. For instance, if one of your employees working in R&D loses his/her laptop, then the company for which he/she working for can land into serious troubles if the sensitive data reaches the hands of the competitors or those having nefarious intentions. Thus, it’s better to outline some physical security strategies before any untoward incident occurs. Like storing the data on the cloud which is protected by multiple security layers and inculcating responsible BYOD security policies among the employees working for your business environment.

3.)Ā  Encrypt data- Encryption of data gives your company an upper hand when your data falls into wrong hands. And thatā€™s due to the fact that it becomes useless even if a hacker sniffs it out- and mind you itā€™s not that easy to break into the encryption available in the market these days.

4.) Backup data- Sometimes no matter how hard you try, hackers get into your network and try to encrypt your data with ransomware. But if your enterprise has a backup copy of the latest, then you or your company need not bow to the demands of the hackers. But remember, the backup should be done in an effective manner and that too should be in the retrievable form as soon as a disaster strikes.

5. ) Itā€™s wise to invest in cybersecurity insurance these days- Because cybercriminals are becoming too sophisticated these days, they are coming up with ways to break into the most advanced cyber defenses. Therefore, even the most security-conscious businesses get vulnerable to cyber attacks. This is where a cyber insurance cover can come to your rescue. If in case, an attack occurs, most of the policies not only cover the financial loss caused from data theft but also help in co-paying the costs involved in recovering data and that includes paying to data recovery experts and for buying new hardware as well as software.

6.) Educate employees on the latest happening in the cyber landscape, so that they can help mitigate cyber risks with ease. This includes educating them about risks associated with using unsecured networks to access work info and avoiding unsecured websites and sharing sensitive data on social media. Restricting them from password sharing will also help.

7.) Use of anti-malware solutions and protecting enterprise networks with efficient firewalls will also help in keeping your enterprise IT safe from attacks.

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Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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