Undeniable Reasons Why SMBs Should Focus On Software Security
Here’s the truth, no matter how large or small your organization is hackers always want something from it. It might is official data, personal data of an employee, or breach security in any way.
Every organization knows security is important but lesser of them know how to work on it. It’s useful because everything inside your organization depends on how secure it is. A single mistake and you might lose the empire you built-in years.
It is possible that the software your business is using is secure but have you ever thought about the third-party vendors or the services you are working with? Yes, choosing a hosting provider that is secure or choosing a software service provider whose security is their USP is important.
Yahoo tops the list of the largest data breaches at all times with around three billion accounts compromised. We know this because Yahoo is one of the well-known organizations but there are thousands unknown.
In 2019, First American Financial Corp had 885 million records exposed online including bank transactions, social security numbers and more
In 2018, Marriott International data breach affected roughly 500 million guests.
In 2016, for reasons of poor security, Adult Friend Finder Network was hacked exposing 412 million users private data
In 2015, Anthem experienced a breach that compromised 80 million records
In 2013, Target confirmed a breach that compromised 70 million records
1. Data Security
The SMBs demand software usage and not all of them come with security. The software, telephone, computer, laptops, and every other device used in the organizations have critical business data that can lead to huge losses if exposed. The valuable data such as bank accounts, credit card numbers, customer information, and sales reports can be used by hackers or other phishers to demolish the organization’s information. The hackers can use the data, sell it for monetary benefits and it can further harm the reputation of your organization.
To make sure that everything about your business stays with you, it is important to maintain data security. In the world where technology is growing every day and security measures are developed at every step, chances of breaching security are also growing. The SMBs should invest in security without giving it another thought. They should buy software that promises excellent security features, regular updates, and guaranteed security for the users.
These points will confirm data security
Encrypt data stored in the devices and software
Keep backing up and updating the software
Always lock the essential information and data
Keep your cloud data encrypted
Set a strong and unpredicted password
Prefer two-factor authentication
2. Focus on sales
Sales define the growth of business and every organization that focuses on sales for better productivity. Security is an important aspect when it comes to driving business sales. If your organization promises that the website is secure, safe, follow authentication, run on strict protocols, and adhere to compliance standards, there are chances that the costumers will approach you frequently. Who doesn’t want a secure service right? When the customers know they are spending their money on the right place, they will choose it again and again.
3. Protection from ransomware
Ransomware, a type of malware from cryptovirology that can expose the data or block access to the data is one of the highest security threats faced by most of the SMBs as well as larger organizations. The ransomware is difficult to detect and in more than regular cases, it is detected when the person can’t find a way to protect the files from being exposed or threatened. There are chances that the SMBs can loose all their critical information, access to the device, or lose hard drive files once it is attacked by ransomware. The worst part is that the lost information can’t be generated without the hacker’s permission. The hackers provide a decryption key to regain access and thus the organization has to compensate with the hackers. Here are some of the ways to prevent ransomware attacks
Do not open untrusted email attachments
Avoid sharing personal data to multiple sites
Try to use mail server content filtering and scanning
Only download from trusted sites
Avoid clicking on unverified links
Do not prefer to use unfamiliar USBs
Apart from these the SMBs should keep exploring different cybersecurity platforms and detect weather have fine ransomware detection methods and features. Instead of buying software that is cheap and less secure, buy one that’s expensive and offers better security. However, we say good luck, and may you get one that’s cheap and secure.
Businesses all over the world are prone to cyber attacks, hackers, thieves, and fraudster, anything and everything that matters is the efforts they take to hover over those attacks. To prevent those attacks the SMBs must work towards security, secure their devices, software, and systems so that no human or tech can intervene in their space. From guaranteed network security to established software security, it is eminent for every organization to know their capacity and uplift it from time to time.