Cybersecurity for Small Business

Business IT Solutions, Firewall, Security

Securing, Empowering Small Business with Technology

Original Article from: https://www.fcc.gov/general/cybersecurity-small-business

The Internet allows businesses of all sizes and from any location to reach new and larger markets and provides opportunities to work more efficiently by using computer-based tools. Whether a company is thinking of adopting cloud computing or just using email and maintaining a website, cybersecurity should be a part of the plan. Theft of digital information has become the most commonly reported fraud, surpassing physical theft. Every business that uses the Internet is responsible for creating a culture of security that will enhance business and consumer confidence. In October 2012, the FCC re-launched the Small Biz Cyber Planner 2.0, an online resource to help small businesses create customized cybersecurity plans.

10 Cyber Security Tips for Small Business

Broadband and information technology are powerful factors in small businesses reaching new markets and increasing productivity and efficiency. However, businesses need a cybersecurity strategy to protect their own business, their customers, and their data from growing cybersecurity threats.

1. Train employees in security principles

Establish basic security practices and policies for employees, such as requiring strong passwords, and establish appropriate Internet use guidelines that detail penalties for violating company cybersecurity policies. Establish rules of behavior describing how to handle and protect customer information and other vital data.

2. Protect information, computers, and networks from cyber attacks

Keep clean machines: having the latest security software, web browser, and operating system are the best defenses against viruses, malware, and other online threats. Set antivirus software to run a scan after each update. Install other key software updates as soon as they are available.

3. Provide firewall security for your Internet connection

A firewall is a set of related programs that prevent outsiders from accessing data on a private network. Make sure the operating system’s firewall is enabled or install free firewall software available online. If employees work from home, ensure that their home system(s) are protected by a firewall.

4. Create a mobile device action plan

Mobile devices can create significant security and management challenges, especially if they hold confidential information or can access the corporate network. Require users to password-protect their devices, encrypt their data, and install security apps to prevent criminals from stealing information while the phone is on public networks. Be sure to set reporting procedures for lost or stolen equipment.

5. Make backup copies of important business data and information

Regularly backup the data on all computers. Critical data includes word processing documents, electronic spreadsheets, databases, financial files, human resources files, and accounts receivable/payable files. Backup data automatically if possible, or at least weekly and store the copies either offsite or in the cloud.

6. Control physical access to your computers and create user accounts for each employee

Prevent access or use of business computers by unauthorized individuals. Laptops can be particularly easy targets for theft or can be lost, so lock them up when unattended. Make sure a separate user account is created for each employee and require strong passwords. Administrative privileges should only be given to trusted IT staff and key personnel.

7. Secure your Wi-Fi networks

If you have a Wi-Fi network for your workplace, make sure it is secure, encrypted, and hidden. To hide your Wi-Fi network, set up your wireless access point or router, so it does not broadcast the network name, known as the Service Set Identifier (SSID). Password protect access to the router.

8. Employ best practices on payment cards

Work with banks or processors to ensure the most trusted and validated tools and anti-fraud services are being used. You may also have additional security obligations pursuant to agreements with your bank or processor. Isolate payment systems from other, less secure programs and don’t use the same computer to process payments and surf the Internet.

9. Limit employee access to data and information, limit authority to install software

Do not provide any one employee with access to all data systems. Employees should only be given access to the specific data systems that they need for their jobs, and should not be able to install any software without permission.

10. Passwords and authentication

Require employees to use unique passwords and change passwords every three months. Consider implementing multi-factor authentication that requires additional information beyond a password to gain entry. Check with your vendors that handle sensitive data, especially financial institutions, to see if they offer multi-factor authentication for your account.

Enhanced Collaboration

In the interconnected world of business today, collaboration across geographies is not just a benefit but a necessity for staying competitive. Cloud computing emerges as a key enabler of this global collaboration, providing tools that break down geographical and temporal barriers. Through cloud services, team members from around the world can access the same files, work on documents simultaneously, and communicate changes in real-time, all without the need for physical proximity. This accessibility ensures that updates are seen immediately by all relevant parties, significantly reducing the cycles of emails and meetings that can slow down project momentum. Additionally, cloud platforms often come with integrated communication tools that support video conferencing, instant messaging, and project management features, further enhancing teamwork and productivity. This ability to collaborate seamlessly not only accelerates project timelines but also fosters a more cohesive and inclusive working environment. Employees can engage with their peers from any location, leveraging diverse insights and expertise, which ultimately drives innovation and improves decision-making within the organization. By harnessing the power of cloud computing, businesses can cultivate a dynamic and responsive workforce that is equipped to meet the challenges of the global market.

Improved Security and Compliance

The migration to cloud computing comes with heightened concerns about data security, particularly for businesses that handle sensitive customer information. Fortunately, leading cloud service providers invest heavily in robust security measures that are often beyond the reach of individual SMBs to implement independently. These providers deploy cutting-edge security technologies such as end-to-end encryption, which ensures that data is unreadable to unauthorized users during transmission and while at rest. Furthermore, comprehensive access controls are put in place to ensure that only authorized personnel can access sensitive information, effectively minimizing the risk of internal breaches. Regular security audits, another critical feature offered by cloud providers, help businesses identify and address vulnerabilities proactively. These audits are aligned with international compliance standards like GDPR, HIPAA, or PCI DSS, providing businesses with not just security but also compliance assurance. By leveraging the advanced security infrastructure of cloud services, SMBs can protect their data more effectively than ever before, allowing them to maintain customer trust and meet regulatory requirements without the overwhelming cost and complexity of managing security in-house.

Disaster Recovery

The resilience of a business’s operations hinges significantly on its ability to maintain continuity in the face of disruptions, whether due to natural disasters, technical failures, or cybersecurity breaches. Cloud computing plays a pivotal role in strengthening disaster recovery (DR) strategies by utilizing geographically distributed infrastructure. By replicating and storing data across multiple redundant sites within the cloud provider’s expansive network, businesses ensure that their data is not only backed up but also protected against site-specific failures. This setup allows for real-time data synchronization and failover mechanisms, meaning that in the event one data center experiences an outage, another can immediately take over with minimal to no disruption. This capability not only minimizes downtime but also drastically reduces the potential for data loss, thereby safeguarding operational stability and maintaining customer trust. Furthermore, cloud-based DR solutions are typically more cost-effective and less resource-intensive than traditional DR methods, which require significant investment in duplicate infrastructure and specialized personnel. For small to mid-sized businesses, this means accessing enterprise-level DR capabilities without the enterprise-level costs, ensuring they can recover quickly and efficiently from unforeseen events and maintain continuous service delivery.

Conclusion

As 2024 progresses, the strategic embrace of cloud computing by small to mid-sized businesses is increasingly recognized not merely as a technological upgrade but as a core component of business strategy. This shift towards cloud solutions is enabling SMBs to navigate the complexities of modern markets with greater ease and efficiency. The agility afforded by cloud computing allows these businesses to swiftly adapt to market demands and technological changes, positioning them at the forefront of innovation and competitive advantage. The operational flexibility provided by the cloud—ranging from scalable storage options to on-demand software services—ensures that SMBs can respond to growth opportunities and challenges without the constraints of traditional IT infrastructure. Furthermore, the integration of cloud services helps streamline operations, reduce IT overheads, and bolster data security—all critical elements that contribute to a robust business foundation poised for future expansion and success.

 

Is your business ready to leverage the power of cloud computing to drive growth and stay competitive? Embrace the transformative capabilities of cloud technology and unlock a new level of efficiency and innovation. Visit BizReTek.com or call us today at 630.827.3300 to discover how our cloud solutions can transform your operations. With Biz ReTek, you gain a trusted partner who understands your unique challenges and is committed to helping you thrive in an ever-evolving digital landscape. Don’t wait to make this strategic leap—partner with Biz ReTek, and let us help you harness the full potential of cloud computing to future-proof your business. Start your cloud journey now and prepare your business for the opportunities ahead. Embrace the cloud and watch your business soar to new heights.