Cyber-Security - 7 Common Cyber-Security Mistakes Businesses Make

Published on Tuesday, 17 October 2023 at 11:30:05 AM

Cyber-security encompasses an array of measures and practices designed to protect computer systems, networks, and data from unauthorised access, damage, or theft. A robust cyber-security strategy not only helps in safeguarding valuable assets but also ensures business continuity, builds customer trust, and enhances brand reputation. Without adequate protection, businesses risk facing substantial financial losses, reputational damage, and legal implications. Go here for information about Integrated ICT's Security as a Service (SecaaS) solutions.

So, investing in cyber-security has become an essential aspect of modern business operations, but many businesses are not implementing complete solutions and leaving themselves vulnerable. The below are seven common cyber-security mistakes that businesses make:

 

No Cyber Insurance

A specific Cyber Insurance policy can cover your business' liability for a data breach or hacking incident with coverage for things like Business Interruption, Legal & PR Teams to deal with the fall-out, Forensic teams to help get through the incident and much more.

 

Backups are not properly tested

A solid disaster recovery plan must include redundant backups in multiple geographic locations. These backups also need to be continually tested and verified by a human to make sure they are working as intended.

 

Unsupported software or operating systems

Unsupported software not only leaves your organisation open to security risks, but may cause other business disruptions. Software and hardware may stop working or be incompatible with newer systems, and there will be no support route to resolve these issues easily. Centrally Managing & Approving all Software is highly recommended.

 

No multi-factor authentication

MFA is an extra layer of security used to make sure that people trying to gain access to an online account are who they say they are. First, a user will enter their username and a password. Then, instead of immediately gaining access, they will be required to provide another piece of information. MFA should be turned on everywhere it possibly can.

 

No regular cyber training for employees

Security awareness training teaches employees to understand vulnerabilities and threats to business operations. Your employees need to be aware of their responsibilities and accountabilities when using a computer on a business network. Most hacking incidents happen because an untrained team member unknowingly let the hacker in.

 

Misconfigured firewalls

Firewall misconfigurations greatly raise the risk of data breach and are primarily due to human error and lack of automation. Firewalls are an essential part of your network security, and a misconfigured firewall can give easy access to an attacker.

 

Unpatched software

Unpatched vulnerabilities refer to weaknesses that allow attackers to leverage security holes that have not yet been patched. Windows Updates is only a small part of the bigger picture as there are hundreds of other pieces of software that need regular updating.

To find out how to improve the cyber-security in your business speak to our team on 6374 8200 email hello@integratedict.com.au or complete and online form.

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