The threat of cybercrime to businesses in the UK is continuing to rise and is a permanent struggle. As cyber professionals continue to develop new strategies to help defend against cyber criminals, hackers develop new strategies to bypass these defences at an incredibly fast speed. Cybercrime attacks such as Phishing, Malware, and Identity Theft are becoming more sophisticated, more damaging and harder to recover from, meaning it is essential for businesses to have a cybersecurity system in place.
How cybercrime affects businesses
Many businesses assume that they are too small to be a target or that their data is not important enough, however, cyberattackers target everyone indiscriminately. In May 2019, the EU introduced the GDPR (General Data Protection Regulation) which led to business owners having the responsibility to protect all of their client’s data, if businesses are found to be uncompliant with GDPR, they will face large fines. These fines could ravage a small business, so it is important to ensure that there is a cybersecurity plan in place and that proactive action is taken to defend consumer data. As well as the obvious financial damage from extortion attempts or fines, a cyberattack can result in customers losing trust in a business and moving elsewhere.
EPX Technical Services recommendations for cybersecurity
- Train your staff
It has been reported that 75% of organisations suffered a staff-related security breach. Training your employees to look out for scam emails and messages is critical in preventing cyberattacks.
- Staying up to date
Ensure the programmes you are running are up to date. For example, using older web browsers present gaping security holes for cybercriminals to exploit. Most web phishing attempts can be blocked by updating your browser to the most recent version.
- Air gapping backups
The absolute fundamental of having backups is ensuring you have an air gapped backup. Air gapping, also known as an air wall or air gap, is the act of physically isolating a computer, network, or device from any form of internet or LAN access. An air gapped computer or device is nearly impossible to compromise unless you are physically there in person. Your backups are made infinitely more secure by physically moving them off site, removing them from public access, and making sure they are cut from internet or network access.
- Cloud backups
Commercial cloud storage has become increasingly popular over the past few years. Cloud storage encodes the user’s data with an individual encryption key, if the files are accessed without the key, the files are seen as a random assortment of numbers and letters.Cloud storage providers implement baseline protections for their platforms and the data they process, such as authentication, access control and encryption. From there, most businesses complement these protections with their own security measure to reinforce cloud data protection and tighten access to sensitive information in the cloud.
Consider outsourcing cybersecurity
Protecting computers, servers and networks from attacks is a big part of network and IT management. With dramatic increases in viruses, ransom-ware and crypto-locker style attacks, your networks are constantly under attack. According to the BBC, over £190,000 a day is lost by victims of cybercrime, and between April and September 2018, £34.6m was reported to be stolen.
EPX Technical Services offer a variety of cybersecurity solutions, including security training for employees, automated scans and 24/7 monitoring. These solutions are continuously being adapted and updated to follow the latest technologies and best practices. If your business requires cybersecurity help and support, EPX Technical Services can deliver this. To find out more call us on 01785 878311 or email us at firstname.lastname@example.org.