Cybersecurity When Starting A Business

Cybersecurity has become a major concern for doing business in today’s world. There is a need for you to understand the risks and ensure that you have programs in place which will prevent getting hit by the attackers as you do your business. As per the cyber security statistics more businessesare getting attacked and thus, need to be cautious.

It is very hard to come across a business that is not using any form of technology in today’s world. The problem now arises since any equipment or computing infrastructure has a tendency of being exposed to various cyber-attacks. While you will read in the news about bigger companies being attacked, each day there are several SMEs that are being attacked.

Here are things which businesses need to know in regard to cybersecurity:

  • There Is Nothing Which Is Too Small: You might have this notion that cybercriminals target only the high profile organizations, the truth is that there are several SMEs which have been affected by the attackers. If your business utilizes a computing device or has a digital presence, or the internet or things such as cloud accounts or website, then you are at risk of being cyber attacked.
Nowadays the attackers use automated software which is malicious and scripts that seek out computers that are vulnerable as well as networks, regardless of the nature or size of the organization.

  • Data Breaches: There are various cyberattacks that are common which you need to be aware of with data breach being one of them. This is a scenario where the cyber attackers seek to steal the data of the business by gaining access to your database. Financial and personal information is stolen and sold in the black market to be used for theft and fraud. If you are a startup that has websites or applications that gather information about people such as online support, eCommerce, or CRM, then you might be the target of such attacks.
  • Malware And Ransomware: This is another top cybersecurity concern to businesses today. Ransomware refers to a specific type of malicious software which infects the computer or a mobile device when used on a vulnerable network. The files are encrypted by the ransomware on the computer which is compromised.
You will not be in a position to access your files unless you pay a certain ransom to be given a decryption key; an amount that is paid to the attackers. Even after paying the ransom, you don’t have an assurance that the attackers will honor their side of the agreement. This will disrupt the business. Imagine getting locked out of your work files – it will bring the business to a halt.
  • Ddos Attacks: In full, it stands for distributed denial of service attack which will render your server or website inaccessible by creating a lot of traffic to it which will be overwhelming. As a small business, you will be left to weather the downtime and absorb sales that are lost.