© Copyright Acquisition International 2024 - All Rights Reserved.

Article Image - How SMBs can avoid data breaches and cyberattacks during remote working
Posted 7th April 2020

How SMBs can avoid data breaches and cyberattacks during remote working

With the coronavirus outbreak forcing millions of people to swap their offices for their homes, the dynamic of the global workforce has changed dramatically in just a few short weeks. Fortunately, developments in technology have made the switch from the office to working from home a fairly painless process, however remote working is not without its risks.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

How SMBs can avoid data breaches and cyberattacks during remote working
How SMBs can avoid data breaches and cyberattacks during remote working

With the coronavirus outbreak forcing millions of people to swap their offices for their homes, the dynamic of the global workforce has changed dramatically in just a few short weeks. Fortunately, developments in technology have made the switch from the office to working from home a fairly painless process, however remote working is not without its risks.

The increasing number of devices being used outside the office can potentially make businesses vulnerable to viruses as their network’s attack surface widens. As a result, cyberattacks and data breaches are likely to become common occurrences in the following months unless steps are taken to reduce unnecessary risks.

So, what can SMBs do to avoid breaches to their security, allowing for work to resume as normally as possible?

Train your employees regularly
More often than not, cyberattacks and data breaches are caused by simple human error rather than savvy hackers making their way into your network perimeter. In fact, 60% of cyberattacks on UK businesses in 2019 were the result of human error. Taking steps to educate employees on ways to reduce risks and keep data safe is a sure way to help prevent breaches that could damage relationships with clients and customers, having a catastrophic impact on your business.

Making sure employees know about the risks of opening suspicious email attachments, as well as how to set up strong passwords and multi-factor authentication, can make all the difference to the strength of your cybersecurity.

The abundance of video calling and chat programmes available should make this easy, even when your employees are working from home. Invite everyone who works for your business to training sessions regularly in order to make sure every employee understands completely the best ways in which to avoid attacks and, if they occur, who they should go to in order to help resolve the issue.

Access Management
While training and new policies can help to minimise risks, accidents can still happen. Another simple measure that can help is to closely monitor access permissions.

If an employee’s account were to be hacked, having their access limited only to the documents they need for their tasks can help to keep more sensitive data out of the grasp of those trying to steal it.

While it might be tempting to hand out admin privileges based on seniority, limiting access rights is a fast and simple way to improve security. Every account with a high access level should also be regularly assessed to ensure that the user really needs that level of visibility. For example, Directors may need visibility on certain documents, but do they need access to absolutely everything on a daily basis? Probably not. This makes their account an unnecessary addition to the attack surface.

Similar consideration should be given to the access levels provided to third parties, contractors and former employees to ensure that users who no longer require access have their permissions revoked or reduced as soon as possible.

Establish policies 
Setting out policies regarding your endpoint security will help ensure that employees take seriously the importance of their conduct online. These policies don’t have to be drastic, in fact a few small simple switches can make all the difference to your cybersecurity.

An important policy you might want to enforce is the requirement to update devices regularly. Although this is often seen as a hassle, devices that are running on outdated software are usually the ones that end up suffering from attacks as hackers make use of their known vulnerabilities. Whilst company devices may be set up to automatically update software, employees using their own devices should be especially wary about the risks of bad habits when it comes to not regularly doing so.

Another issue to tackle is the use of weak passwords and password recycling across accounts. With research showing 83% of Americans use weak passwords such as their own name, hackers are constantly being given an easy way into our devices. On top of this, 59% of people use the same password on every one of their accounts, making it even easier for hackers to gain access to every single one of their victims accounts, even if just one is compromised.

Using a Password Manager is the best way to prevent these mistakes from occurring whilst providing convenience for your employees. These tools allow you to store passwords for multiple accounts which users can gain access to using just one password.

Stay up to date
Even after these steps are taken, cyberattacks and data breaches can still occur. It is therefore important to keep up to date with your response strategy if an attack should take place, minimising the spread as much as possible.

Whilst the best way to avoid cyberattacks and data breaches is to work on your prevention tactics – it is always useful to have a plan in place in case things go wrong. How do you plan on informing clients and customers affected by the breach? Who in your organisation will be responsible for resolving the issues? Reviewing these responses regularly and keeping your employees informed of any changes is essential to prevent panic and deliver a measured response in the case of an attack.

Informing your employees about any changes to your endpoint security software is also a useful step to take in order to prevent confusion. With the huge lifestyle changes we have undergone in the past few weeks, it is easy to forget about important things such as cybersecurity when working from home. Keeping employees up to date on how to utilise this software will act as a reminder of its importance, keeping eager hackers at bay.

Undergoing the shift to remote working is unlikely to be easy on any business. However, making use of modern technology to keep in touch with your employees and making sure they are aware of the risks of attacks and data breaches, will help prevent any unnecessary disasters taking place.

Categories: Leadership, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
How Can Insurance Protect Businesses During Daily Operations?
News
12/01/2023How Can Insurance Protect Businesses During Daily Operations?

What type of business do you run? Is it small or large? Are you self-employed? Whatever your business looks like, it’s worth thinking about the type of cover you’ll need in order to protect you, your employees and your company from any unexpected costs tha

Read Full PostRead - Eye Icon
London Rental Market Shifting
Finance
29/06/2015London Rental Market Shifting

London Central Portfolio’s bi-annual lettings audit illustrates that South Kensington and Knightsbridge have seen big rises in rents whilst Mayfair sees slump over last year.

Read Full PostRead - Eye Icon
10 Tasks Your Small Business Should Be Outsourcing
Leadership
12/01/202210 Tasks Your Small Business Should Be Outsourcing

Outsourcing has become the norm as businesses of all sizes look to save money. Handing off rote or otherwise complicated tasks to an agency while your team handles the bread and butter work can be a boon for your productivity, but you may not be leveraging the

Read Full PostRead - Eye Icon
LinkedIn to Acquire lynda.com
M&A
14/04/2015LinkedIn to Acquire lynda.com

LinkedIn announced that it has entered into an agreement to acquire lynda.com

Read Full PostRead - Eye Icon
Innovations In Eco-Friendly Business Heating Systems
Innovation
08/09/2023Innovations In Eco-Friendly Business Heating Systems

As the world continues to grapple with environmental concerns, businesses are increasingly exploring innovative ways to align their operations with eco-friendly practices.

Read Full PostRead - Eye Icon
Managing Director of the Month
Leadership
04/05/2016Managing Director of the Month

Delivered Health Solutions Ltd provide high quality products and services for care homes that deal with cleaning as well as infection prevention and control.

Read Full PostRead - Eye Icon
Nordic Capital Acquires RESMAN
Finance
01/04/2015Nordic Capital Acquires RESMAN

Nordic Capital acquire RESMAN

Read Full PostRead - Eye Icon
Changing of the Guard
Leadership
02/12/2019Changing of the Guard

Changing of the Guard The London Internet Exchange (LINX) was established in 1994, using a donated piece of equipment no larger than a set-top box, no legal contracts and five founding members wanting to keep traffic local and avoid transatlantic fees. Now spr

Read Full PostRead - Eye Icon
Germany Energy & Resources Deal of the Year for the NGIM Holding Acquisition of Solarion AG Transact
M&A
08/06/2016Germany Energy & Resources Deal of the Year for the NGIM Holding Acquisition of Solarion AG Transact

Established in 1982, NGIM Holding is an Istanbul based company offering solutions in the areas of construction, chemistry, technology and energy. The company’s CEO Can Nuhoğlu reveals more about the company and the acquisition of Solarion AG.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow