Cybersecurity Mistakes: Avoid Costly Errors & Secure Your Business

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Layer Your Security Measures to Reduce Risks of Attack

The key to excellent cybersecurity is to have a multi-layered approach to security. This involves using several solutions that work together to give you protection suitable for your business. Notably, you can’t keep your business 100% protected from cyber-attacks without completely locking down every system. This makes it challenging to do business effectively. The best approach is to strike a balance between protection and usability.

The the staggerin cost of cybercrime is expected to reach $10.5 trillion by 2025, according to the 2022 Cybersecurity Almanac .

The Top Three Cybersecurity Mistakes Businesses Make

Here are three common mistakes that businesses make which can make them vulnerable:

Mistake 1: Not Restricting Access

Cybersecurity mistakes: not restricting access

It’s essential to limit access to your company files and applications based on the employees’ level and role in the company. When you give everyone access to everything, cybercriminals can easily infiltrate the entire network.

You should also update the access rights of employees when their roles change, and revoke access when they leave the company.

Mistake 2: Allowing Lateral Movement

Cybersecurity mistakes: allowing lateral movement

If a cyber-attacker can gain access to a computer used by a member of your admin team, they can move from system to system, accessing data and other sensitive information. This type of access is called lateral movement.

Cybercriminals can gain access to one system and work their way to more sensitive areas within a company, leading to significant data theft and loss of finances. To prevent this, air gapping can be used. It is a strategy in which there is no direct access from one part of the network to another.

Mistake 3: Not Planning and Protecting

Cybersecurity mistakes: not planning and protecting your network

Businesses that work with their IT partners to prepare and protect their data are less likely to be victims of cyber-attack. It’s ideal to have an up-to-date cybersecurity plan in place, including all the necessary security layers, to protect your business effectively. It should also contain details on how to respond to a cyber-attack, should one happen.

A detailed security plan can significantly reduce response time to an attack, reducing data loss and the overall cost of getting your company up-and-running after an attack.

Act Quickly to Avoid Cybersecurity Disasters

If you realize your company is probably making all three of these mistakes, it’s essential to act quickly. We’re here to help. Please contact us for a review of your current security arrangements and guidance on how to boost your protection.

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