6 Steps To Take If You’re Concerned About Your Business’s Cyber Security


Cybersecurity is no longer a subject restricted to IT departments; it is now a boardroom conversation. With rising incidences of cyber attacks, protecting your company’s digital assets has become a pivotal concern. Understanding the gravity of the situation is only the first step; taking decisive action is the key to safeguarding your business.

Perform a Security Audit

Conducting a comprehensive security audit serves as the foundation for fortifying your digital fortresses. Partner with professionals to scan your systems and networks for vulnerabilities. A well-executed audit not only identifies weaknesses but also provides recommendations to augment your security measures.

Your audit should also include a review of company policies related to data protection, system access, and online communications. Having a stringent policy not only guides employee behaviour but also provides a framework for quick response during security incidents.

Update and Patch Software

Obsolete software can serve as an open door for cyber intruders. It’s essential to maintain an updated repository of all software and network utilities your business utilises. Ensuring that everything is up-to-date significantly reduces the risk of a security breach.

Setting your software to update automatically is a basic yet effective method of maintaining security. If automatic updates aren’t suitable for your business model, dedicate resources to monitor software updates manually. Keeping track of patches and updates can be laborious but is indispensable for cybersecurity.

Multi-layer Security Measures

Intruders often explore multiple avenues when attempting to breach a system. Thus, employing multi-layered security measures will help you protect your website, network, and devices. This approach includes firewalls, anti-malware tools, and encryption protocols, along with proactive approaches like penetration testing.

Furthermore, consider implementing two-factor authentication (2FA) for both employees and customers. 2FA adds an extra layer of protection that requires not just a password and username but also something that only the user has on them, like a piece of information or a physical device.

Employee Training and Awareness

Humans are often considered the weakest link in the security chain. Employee negligence or lack of awareness can jeopardise your entire business. A comprehensive training program will educate staff on best practices, from how to identify phishing emails to secure password management.

Additionally, conduct regular drills and simulations to keep employees alert. Realistic exercises such as mock phishing attacks can provide invaluable insights into your team’s readiness and reveal areas that require additional training or systemic changes.

Monitor and Analyse Traffic

Monitoring network traffic is akin to having a vigilant sentinel at your gates. Employ tools that offer real-time analysis to identify anomalies or suspicious activities. Being aware of the red flags allows you to take pre-emptive action before any real damage occurs.

Create a Response Plan

Despite all precautions, cyber attacks are sometimes inevitable. Therefore, having a well-thought-out response plan is crucial. This plan should outline the steps to take when a security incident occurs, from internal communication to customer notification.

Involve all stakeholders in the formulation of this plan. Your legal team, IT experts, and public relations personnel should work in tandem to craft a holistic response strategy. This ensures the minimisation of both data loss and reputational damage.

Summing Up

Cybersecurity is a continuous, evolving challenge that requires both strategic planning and tactical execution. From conducting security audits to creating a robust response plan, each step contributes to fortifying your business against cyber threats. While there is no panacea for cyber risks, a comprehensive, multi-layered approach can significantly mitigate the vulnerabilities that expose businesses to cyber attacks.

The views expressed in this article are those of the authors and do not necessarily reflect the views or policies of The World Financial Review.