How Small Businesses Can Guard Themselves Against a Data Breach

Data breaches at large corporations are often what we see in the news.  However, that does not mean that small businesses do not face the same threats.

As a matter of fact, 44% of small businesses in America were impacted by a data breach in 2017.  Small businesses operate on tight margins and have far less cash flow than large corporations, meaning that recovering from a data breach could be devastating for these small organizations.

Even though small businesses are a such a high risk for a data breach, only 33% of small businesses reported purchasing security software according to the 2017 Bank of America Merchant Services Survey.

In order to best protect their networks, small businesses should ensure that they have firewalls and anti-virus software as well as encryption and endpoint detection services.  Here is what small businesses should look for in each of these services to best keep their network protected:

1. Firewalls

Firewalls are a great way to protect against attack.  When you are looking for a firewall, be sure to find out what types of attacks it protects against, and how flexible it is.  You will want a firewall that is easy to control and configure but can also grow with your business.

2.  Anti-Virus

Look for an anti-virus solution that has artificial intelligence built in.  That way the system will look for both commonly known threats and new threats, compensating for the everchanging cyber threat landscape.

3.  Encryption

Encrypting any sensitive data on your network will keep your business better protected against threats.  A good encryption software will be easy to use and work with the operating system that your business your runs on. 

4.  Endpoint Detection

As more businesses hire remote employees or do business on personal devices, endpoint protection becomes more important.  Make sure to look for predictive security systems that protect against ransomware and exploit.

Story via BizTech