The global cybersecurity market size was $217 billion in 2021 and is forecasted to grow to over $345 billion by 2026. The market valuation is expected to increase year over year for many reasons. The pandemic introduced an expansive remote workforce, and the continued influx of new technologies has played a pivotal role, opening the door for cybercriminal attacks. In this blog, we will discuss best practices for preventing cyber-attacks.
Offense is the Best Defense! Top 5 Steps to Safeguard your Organization’s Data and Devices.
#1 Security is every employee’s job. Security isn’t solely the responsibility of your Chief Information Security Officer or IT team. Your entire company must join forces to proactively protect your business. Safety vulnerabilities come in all shapes and sizes. Your security is only as good as an employee’s weakest password.
#2 Educate your employees. Employees are the most critical component to keeping your company safe. They can be your strongest asset or your greatest liability. 95% of cybersecurity breaches result from employee actions. Cyber security awareness training can reduce your risk by as much as 70%. Implement regular trainings, including phishing, smishing, and vishing tests to build a vigilant workforce.
#3 Recognize attacks can take place anywhere. From each employee’s physical devices, network, cloud, and digital accounts, cybersecurity attacks occur across a vast landscape. Speak to a managed services provider (MSP) like ACS to learn what cyber security solutions must be implemented to detect vulnerabilities and threats before they happen.
#4 Small changes make a great impact. Start with slight but significant changes. For example, setting up multi-factor authentication (MFA) adds a layer of protection by sending an additional permission notification to your mobile device when signing in. Hardware and software companies regularly update, improve, and optimize programs to address new cybersecurity vulnerabilities. Ensure your employees are updating their computers, apps, and mobile devices when prompted.
#5 Engage a trusted technology partner. The right MSP partner will assess your business needs, recommend, and implement solutions. MSPs like ACS will serve as your advisor and an extension of your IT department. According to an IBM global study data breaches cost companies $4.24 million per incident on average. Working with an experienced cybersecurity provider is not a luxury but a necessity and maybe the difference between a small incident, or one that not only results in loss of company revenue but irreparable damage to your brand.
There’s never been a more critical time to heighten your cybersecurity. Interested in learning about custom solutions to fit your security needs? Check out ACS.