The incidence of hacking is on the rise. And more and more businesses are finding themselves the victim of cyber crime. Way back in 2005, the last time the Bureau of Justice issues statistics, 67% of companies said that they detected at least one cybercrime. 11% stated that they had discovered cyber theft. And 24% reported other computer-related security incidents.
And these weren’t just small crimes either. 68% of the victims of cyber crimes report having had more than $10,000 stolen. And a third of businesses indicated that actions by cyber criminals caused downtime of more than 24 hours. That’s why firms now take their cyber security so seriously. Here are some hardcore security fixes measures being taken right now by the most prudent companies.
Companies have worked out that one of the best ways to reduce their exposure to cyber crime is to control access to their data. Most data used by firms can only be accessed on a need-to basis. That means that employees can’t unwittingly give out data over social media. And it means that employees with malicious intent can’t access files for their own criminal purposes.
However, in the world of security things never stand still. Companies like virtual data room provider, Firmex, now allow you to schedule specific access times. This level of granularity has been demanded by an industry besieged from both within and without.
Now that businesses are going mobile they face additional security risks. Often employees use their mobile for both business and personal use. And as a result, they end up facing other security risks outside of the office.
Obviously, employers can’t ban mobile use outside of work. But they can do their bit to make sure that mobile remains secure. One option is to partition devices into two distinct parts. One part is dedicated to work-related matters, and the other to personal use.
Don’t Forget Paper
We’ve all become so obsessed with online risks that many businesses have forgotten that good old fashioned paper has its own. Criminals can find sensitive documents in the trash and use them to their advantage. Don’t just dump valuable information, like financial statements or account information in the bin. Shred it first.
Cyber criminals now have an enormous vault of password keys gleaned from people’s accounts. What’s more, these keys can access more than 50 percent of password protected account worldwide. That’s because they’re the most common passwords.
Don’t let your business become a victim of cybercrime. Create a password that is a random mixture of letters and numbers. And when you’ve had it a couple of months, change it to another random mixture of letters and numbers.
Encrypt Your Files
Some small businesses prefer to keep their data in servers onsite. Of course, this is a risk if criminals break in and physically steal the discs.
To protect yourself, encrypt the databases that are stored on your servers. Even if the information is stolen, criminals will find it difficult to use it for their nefarious purposes.