Cyber attacks are all too common in the workplace. As technology advances, so does the sophistication and techniques of a cyber criminal to steal priceless data. A recent 2021 survey concluded that the average cost of a cyber attack is $4.24 million per incident, the highest in 17 years. So what can business owners do to protect their privacy and data and prevent a potential cyberattack? We’re sharing best practices to avoid a cyber attack that could potentially cost business owners millions.
What is a cyber attack?
To better prevent a potential cyber attack, it’s important to understand what it is and how it poses risks to your business. A cyber attack is when your business’ network is deliberately taken over and exploited. This is accomplished through malicious code that enters your company’s devices. Your data is then held hostage and puts a stop to the functioning of your organization. Common cyber attacks or data breaches include:
- Denial of service
- Identity theft or fraud
- Malware, phishing or viruses
- Stolen hardware or devices
- Intellectual property theft
These are just a few examples of cyber attacks that can cost your business thousands or even millions. Now that you can understand the importance of a potential cyber attack, here are ways to help avoid them.
Update Your Systems
It’s crucial to keep your systems updated as much as possible. When software has not been updated on a regular basis, you are leaving your devices in a vulnerable position to a potential cyber attack. Hiring an IT Consultant can help your business ensure that all device software systems are up to date on a regular basis.
Backup Your Data
Regularly backing up your data to the Cloud or an off-site external harddrive is crucial in case of a potential cyber attack. In the case of an active cyber attack, your business should be able to still function if that data is backed up in an off-site location, which will save you time and money.
Change Your Passwords Regularly
We always recommend changing your device passwords every couple of weeks. We also recommend never using the same password on more than one device or program. Once a hacker figures out your password, he can wreak havoc on your systems.
Educate Your Employees
In our evolving virtual office world, employees are working from home more now than ever before. Make sure you are setting all of your employees up for success with proper cyber security training. Employees should never allow family members or friends to use their work device while at home. They should also never access a public WiFi network to work. One solution is to set up a VPN (Virtual Private Network) to avoid accessing public WiFi.
The threat of a cyber attack is out there now more than ever. Take the necessary steps to prevent one happening with your company. To learn more about how RedBird Technology can help your company, please contact us today. Visit our website, or give us a call at 844-845-4357.