With the exponential growth in the use of technology, businesses have become increasingly reliant on it to power their operations. However, this increased dependence has also made businesses more vulnerable to cyberattacks.
According to a report by IBM, the average cost of a data breach is now $3.92 million. And, small businesses are not immune to these costly attacks. In fact, 43% of all cyberattacks target small businesses.
So, what can you do to protect your business from a potential cyberattack? Below are eight cybersecurity tools your business should be using:
A firewall is a network security system that monitors and controls incoming and outgoing traffic based on predetermined security rules. By doing so, firewalls can help to prevent unauthorized access to your network and data.
2. Antivirus Software
Antivirus software is designed to detect, block, and remove malicious software, such as viruses, worms, and Trojans. By keeping your antivirus software up-to-date, you can help protect your computer from the latest threats.
Encryption is a process of transforming readable data into an unreadable format. This unreadable format can only be decrypted by someone with the correct encryption key. By encrypting your data, you can help to protect it from being accessed by unauthorized individuals.
4. Backup and Disaster Recovery
Despite your best efforts, there is always a chance that your data could be lost or corrupted due to a cyberattack or other type of disaster. That’s why it’s important to have a backup and disaster recovery plan in place. This plan should include regular backups of your data as well as procedures for how to recover your data in the event of an incident.
5. Password Managers
A password manager is a security tool that helps you to manage your passwords in a secure and efficient manner. Password managers can generate strong passwords, store them securely, and autofill them when needed.
6. Cybersecurity Training
One of the best ways to protect your business from a cyberattack is to educate your employees on cybersecurity. By providing cybersecurity training, you can help your employees to be more aware of the potential threats and how to avoid them.
7. Two-Factor Authentication
Two-factor authentication is an additional layer of security that requires users to provide two forms of identification when logging into an account. This could include something you know, such as a password, and something you have, such as a code generated by an authenticator app.
8. Cyber Insurance
Despite taking all of the necessary precautions, there is always a chance that your business could be the victim of a cyberattack. Cyber insurance can help to mitigate the financial damages caused by a data breach or cyberattack.
By using the tools and strategies above, you can help to protect your business from a potential cyberattack. However, it is important to remember that cyberattacks are constantly evolving, so it is important to stay up-to-date on the latest cybersecurity threats and trends.