Cybercrime is evolving. Is your business protected?

An integral part of 21st-century living, the internet has streamlined our intake of information, enabled worldwide communication, and facilitated the consumption of endless entertainment. Yet with cybercriminals finding smarter, more devious ways to target businesses, SMEs are having to match their ingenuity with protection strategies.

Statistically, businesses who fail to protect their systems will experience a form of attack. The question isn’t how, or why, it’s when. Furthermore, the loss extends beyond stolen information and monetary values. A security breach will affect the reputation of a company.

Risk Assessment Regimes

To protect against a breach, you must integrate an effective Risk Management Regime. This involves assessing the risks to your company and implementing supportive policies to protect them.

When performing this task, the National Cyber Service Centre advises you to consider the following things:

Network security – Defend network perimeters by managing and blocking insecure webpages.

Malware protection – Download a respected malware protection programme, protecting emails and company information.

Removable media controls – By limiting the number of portable and removable medias that are used in the business, managers can limit the opportunities for information to fall into the wrong hands.

Secure configuration – By applying patches, exposure of known software vulnerabilities is kept to a minimum.

Managing user privileges – Determine who can access which information on all devices, from your personal desktop computer to your communal printer/scanner.

Incident management – In case of a breach, implement an agreed strategy. This should cover initial response as well as the course of action to take in a worst-case-scenario.

Monitoring – Monitor all network activity to identify anything unusual or suspicious. Monitoring your activity will also provide data that can be used to better streamline or improve your Risk Management Regime.

Home and mobile working – With more work being completed on portable devices, in public and in transit, it is just as important to create a policy to guide mobile working.

Designing an efficient and reliable Risk Management Regime is the simplest part of the process. However, the 2017 Cyber Security Trends Report suggests that the three biggest challenges to cyber security faced by businesses are;

  • Lack of skilled employees
  • Lack of budget
  • Lack of security awareness

The report is clear that companies struggle to find employees with the right security skill sets. There is also often confusion as to whether cyber security comes under an IT departments domain, or is a management issue. Ultimately, staff rarely receive adequate training or experience, regardless of department.

Despite the rapid increase in cyber security related incidents, some companies still often find it’s difficult cost to justify. Smaller companies will assume that they won’t be targeted, so therefore there is little value to be found. Unfortunately, the value is only seen in the aftermath of a breach.

The simple solution: Managed IT

You can take care of your cyber security concerns with one seamless switch to a managed IT service. At EBM Ltd, a team of experienced experts can tailor a service to your specific needs and offer an efficient and confident service that protects your systems from all cyber threats.

Outsourcing all responsibility to the professionals not only ensures your business is receiving the best protection, it provides the peace of mind that the work has been done in its most economic means. If you would like further information regarding how a managed IT service can fit your needs, get in touch!

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