Cyber warfare and hacking threats have increased to many folds in recent times and the damage they’ve caused is already available on Google search engine. President Obama was seen quoting to CNBC that government and businesses must be vigilant about protecting themselves from hackers and cyber criminals by implementing proper data management strategies.
Generally, small businesses think that hackers and cyber criminals only target big brands to get the most out of their activity. But in reality, 90% of data breaches target small businesses, and the average cost of a data breach for a small business is around $36,000, apart from the negative reputation. In most cases, payment data is found to be an easy target, as it provides the cyber criminals sensitive information such as credit card and debit card numbers.
So, how should business protect themselves and their customers? It is not that difficult, nor does it require fancy software or elite tech support.
Some key, basic things can help prevent a data breach and avoid those terrible losses.
Training employees on data security- A business owner can set all data security policies in the world and can take a sigh of relief thinking that the business of his/her is isolated from all kinds of data security threats. But in reality, it turns into crap, if his/her workers do not understand the importance of data security and practices. First and foremost is that enterprise employees need to understand why it is important to protect data and some things they can do to prevent its spill into wrong hands.
Some simple things that employers can train employees to do are not to click on spam links, change passwords once in a month, and not visit restricted sites like music, videos, and X-rated sites at work.
These are very simple ways where hackers end up gaining access to sensitive information.
By managing mobile devices- In this world of Internet of Things (IoT) mobile devices, laptops, tablets, phablets are proving as innovative mediums with which workers are gaining access to the company data. But these gadgets are also more vulnerable than a standard desktop. So, a proper data security plan should be designed which offers flexibility to implement BYOD policy in the enterprise environment.
Back up data- Natural and man made catastrophes which include cyber crime can bring in disaster to companies which are data dependent and sensitive. This not only applies to them, but to all those who have data related to clients, customers, partners and prospects onboard. A study made by Trend micro concluded that over 62% of small businesses do not routinely backup data. And this clearly means that 62% of those businesses are at great risk. Thus, every small business should have an automated backup strategy and a way to retrieve any critical data should a hack occur.
Therefore, all these points lead to a conclusion that by investing few dollars on the protection of enterprise data will help in not loosing millions of dollars later, when a breach occurs.
If you are in a confused state of how to start with or where to start with, please ask your IT team to contact DNF Corporation.
DNF Corporation (Dynamic Network Factory) will work with your data personnel to evaluate the existing encryption strategy and policies. This process will start with getting detailed asset information on your organization’s hardware and software environment, sensitive data, and current security policy management sets.
In combination with your corporate objectives, DNF team will determine the business objectives for encrypting data-at-rest. From these objectives, DNF will derive a plan and proposal to address the policies, architecture, and scope of the project to keep you protected to the fullest.
To know more call 510.265.1616 or click on DNF Corp web page