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5 Cybersecurity Gaps Your Business Should Watch Out For

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Cybersecurity is a serious matter for companies in the internet age since the networks and technologies used in IT are pathways for a lot of business and customer data. If your cybersecurity infrastructure is faulty, it won’t be long before hackers find their way into your system and launch a cyberattack.

This can result in dire consequences, such as your business experiencing a Denial-of-Service (DOS) attack. When this happens, your company is at the risk of losing money either from reduced productivity or a pause in selling activity. Indeed, the importance of cybersecurity for ecommerce businesses is a major takeaway that deserves high-level attention.

But what exactly about cybersecurity should you keep an eye out for? Here are some ideas about five of the cybersecurity gaps that may call for a revamp in your IT and cybersecurity plan.

1. Passwords

Numerous data breaches have stemmed from people and businesses using weak passwords. It can be quite disconcerting to think about how some may be more inclined to choose convenience over security, so they use generic passwords or ignore password reset reminders.A good rule of thumb is to create passwords that contain a combination of letters, numbers, and special characters. If you’re concerned that remembering or storing user names and passwords across platforms may be challenging, utilize a password manager so that you can save all your passwords. You’ll only need one master password to access the manager.

A managed security provider will most likely recommend that you use multifactor authentication (MFA) as well. Other than using passwords to verify your identity, an MFA system requires that you provide other credentials like a security token or biometric authentication before you can gain access to files, data, and so on.

2. Firewalls and antivirus software

You can think of firewalls and antivirus software as digital barriers built around your network to block off any intrusion from unauthorized users. 

However, it’s dangerous for you to think that these barriers are free from gaps or vulnerabilities, especially with the rise of the so-called Internet of Things (IoT). This means any one of the dozens of devices connected to your network may be an entry point that hackers can attempt to exploit.

As such, it would be best to protect each and every device that your company uses, from the refurbished laptop that’s connected to your office printer to security cameras and other smart devices installed throughout the building.

3. Mobile devices

Speaking of devices, it’s not just the company-owned ones that can pose risks to your organization’s cybersecurity. Personal gadgets like smartphones and wearables can also cause problems if your IT team fails to put some controls in place. For instance, if someone downloads an app or file into his/her device over the company’s network, cybercriminals can capture company information or data illegally. A good workaround for this is to either create a separate Wi-Fi network for personal devices or restrict them from accessing the network altogether.

4. Employees

Your employees will inevitably be handling a wide range of your company’s assets and resources, namely computers, operating systems, cloud services, web applications, and so on. Make sure that everyone is responsible for using these things. For example, no one should click on links sent randomly to their emails to prevent ransomware or phishing attacks. 

You could draw up a training program on IT and cybersecurity to educate all employees about how security breaches happen, how to detect them, and how to respond to them—which brings us to our next and final point.

5. Disaster Recovery Plan (DRP)

DRP refers to the protocols that the staff should follow if and when certain events compromise the integrity of your organization’s information or data systems. The goal is to restore these systems immediately so there will be no further damage or disruption to the company’s operations as these things will not only give your business a bad rap but also pose legal liabilities.

To set up your DRP, it’s vital that you identify mission-critical areas, lay down clear-cut instructions for all stakeholders, conduct dry-runs, test your DRP’s efficacy, and regularly update contact details of point persons.

Patching the gaps in your cybersecurity

In closing, do remember that cybercrimes won’t go away until businesses start recognizing the importance of a comprehensive cybersecurity plan that’s free from gaps or loopholes. Hackers will be quick to jump at the opportunity of attacking vulnerable networks, so don’t give them a chance ever.

More on this topic:

Understanding the Basics of Cybersecurity

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