cyber security tips for small businesses

8 Cyber Security Tips For Small Businesses

As a new business owner exploring the online space; It is always easy to think that cyber security is not for you. People usually ask the question, what do I have that hackers will target me? Why should I worry about cyber security when I don't have a dime in my bank account? Limiting cyber attack surface to only the money in our bank account is a myopic way to look at cyber security. Ignoring cyber security can cost businesses more than the money in their bank account. Cyber attacks can take companies out of business.

As a new business owner exploring the online space; It is always easy to think that cyber security is not for you.

People usually ask the question, what do I have that hackers will target me? Why should I worry about cyber security when I don’t have a dime in my bank account?

Limiting cyber attack surface to only the money in our bank account is a myopic way to look at cybersecurity.

Ignoring cyber security can cost businesses more than the money in their bank account. Cyber attacks can take companies out of business.

Therefore, cyber security is not a topic to ignore. So far you have a phone or a computer that is connected to the internet or to any network at all, then you need cybersecurity knowledge.

Below are tips that will help you to step up your cyber security game as a small business owner;

1. Never Think That Cyber Security is Not For You

For the fact that you were able to open and read this post means that you need cyber security.

So far you have an internet-enabled phone or computer you use for your business then know that you are prone to cyber-attacks or scams.

Most especially when you have an online presence like social media pages, websites, or an email account.

So far you have something of value to your business on your computer or phone that you have to protect, then cyber security is very vital to you.

This ranges from unfinished work for a client, or an unfinished manuscript you are working on as an author to relevant data you have about your business.

2. Your Security is as Strong as Your Weakest Link

As a business person using the online space, you should know that your online security cuts accross all that is connected to you.

It is no longer about how knowledgeable you are alone about cybersecurity, but also how enlightened those you carry out your business dealings with are too.

This is because a bad actor can send in his or her details to collect a payment that is meant for you if the person making the payment is not cyber security-wise.

Whether it is a Facebook group or page you are running for your business, a website, or a business advert management account; you should know that its security depends on how secure the admin or moderators connected to the accounts are.

Therefore, as you tighten your online security, always remember to enlighten those connected to you.

Related Post: Online Security-Five Common Internet Mistakes You Should Avoid

3. Know the Cyber Security Loopholes in Your Business Operation

Having a good understanding of your business operational security loopholes will help you to know the type of security guidelines or policies to put in place in your business.

Let assume you run a business that delivers its means of payment to clients through email, WhatsApp, or text messages. And the client makes payment to the account details sent without further verification.

The security loophole in this model of operation is that a bad actor can intercept your business transaction and then send in his or her own details in your place and still receive your payment.

Therefore, creating a security policy of never trust, always verify is just be the right security policy you need to solve that security problem for your business.

Knowing the security loopholes in your business operations will help you to know the cyber security solution you should utilize.

Never trust, always verify policy can also be a great security solution for businesses that uses electronic media to communicate orders within the company.

Remember, every business has an online security policy that is suitable for their own operational loopholes. Find yours and work with it.

4. Always Be Mindful of The Network You Run Your Businesses On

Connecting your phone or computer to a public or free WiFi and using it for your business transactions online is a very risky act.

This is because your online traffic can be trapped through a man in the middle attack and your hidden personal details like passwords and usernames can be stolen.

Always desist from running your confidential business transactions while using a public WiFi like that of a hotel, airport, schools, churches, etc.

Remember, it is risky to perform confidential transactions like bank transactions while on a public WiFi or an open WiFi or hotspot.

5. Have a Dedicated Computer or Phone for Businesses

Do not use the devices you use for your businesses to do haphazard internet surfing or social media chatting.

Make sure you can track your online footprints or activities while on your business dedicated devices.

Always think before you click while using your business dedicated tools. Remember a click on a link can give remote access to your device. Also, a download of malware-infected files can also do the same thing.

Try also to understand the functions of the Apps you have on your business dedicated devices. Learn to clean up your devices of unused applications. This is to avoid carrying around Trojans and keyloggers on your computer or phones.

Learn also how to limit App privileges on phones that you use for your business operations.

Form also the habit of backing up your business-related files. Backup is a very important aspect of business.

Related Post: Cybersecurity- Even a Hacker Can Be Hacked

6. Verify Every Contacts That is Not on Your Contact List

Make sure you have your bank’s customer care number or email saved on your phone and also the contact of those or businesses you are in contract with.

Never verify an email or text messages by using the contact on the email message itself.

Let assume you received an email or text message that there is an issue with your Bank account. Instead of calling the phone number that came with the message, call the right one on your contact list.

Always learn to verify closely the email address of your email sender before you act on their request. This will save you from homographic attacks and email spoofing.

cyber security attacks

7. Having a Strong Passwords and Two-factor Authentication is Not Enough

Remember, despite how important it is that you have to have a strong password and a two-factor authentication in place for your online accounts. You should not also lower your security guard because you have them.

Don’t go online and click on links randomly hoping that nothing will happen. Granting a remote access to your device is as simple as ABCD if you are not careful about your online activities.

You have to also be mindful of social engineering tricks used by online scammers and hackers.

8. Remember it is Not Easy to Catch Those Involved in Cybercrime

Instead of focusing on how you will deal with your attackers when they are caught; you better put more effort in developing preventive measures.

It is always difficult to recover your money when it has crossed borders.

Always equip yourself with cyber security knowledge. Confamtips blog is here to offer you more tips on how to remain safe. Online safety is the key to a successful business online.

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