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5 Common Mistakes Businesses Make With Their Cyber Security in 2021

Have you ever heard of ENRAGED DUCK? How about Pinchy Spider? Or perhaps Dark Halo rings a bell?

No, these are not characters in a comic book or Marvel movie — but names given to new cyberattacks, which, in just the past year, have cost businesses dearly — more than just monetary profits, but in company downtime, lost customer trust, low ratings, stolen data or even compliance fines.

In 2021, according to our partners at ConnectWise, nearly 73 percent of managed services providers reported that at least one client experienced a security incident in the past year. As a result, both MSPs and their clients have allocated a higher budget — on average, 12.1 percent more — for cybersecurity this year.

If you can avoid some of the most common cybersecurity business mistakes, you will be on the path to peace of mind about your technology.

The top five are:

  1. Believing it won’t happen to you: Don’t assume that because you aren’t a huge enterprise, you aren’t susceptible to cyber threats. Cybercriminals consistently target small businesses with stronger, more evolved threats. One of the safest measures you can take is to plan for an attack. You’ll start to notice flaws and weaknesses in your system. Have a plan in case an attack happens and opt for dependable data backup management before any problems arise so you can protect your technology and data security.
  2. Forgetting the basics: It’s easy to start believing the small details that are drilled into technology safety conversations don’t really matter. Do you really need to use a different password for every secure login and change each one regularly without ever repeating them? Can’t you just have one and write it down so you never forget? Things like password security and as-needed access will keep both internal and external threats to a minimum. Be sure to encrypt every work device and remove access from resigned employees.
  3. Having Untrained staff: While it may seem unnecessary to train every employee about avoiding cyber threats like phishing scams and unsecured links, it could save your company enormous loss. You should regularly re-train both remote and in-house employees to use secure protocols, think before they click, guard against stolen devices and take action the second an attack takes place. Infiltration has become sophisticated and can look legitimate, so it isn’t difficult to trick the untrained, unsuspicious eye.
  4. Trying to manage everything on your own: It isn’t enough to buy the most expensive anti-virus software on the market and you can’t put together a cybersecurity plan on your own with completely safe results. To thoroughly secure your data, it’s a good idea to use IT service providers who have the specialized knowledge, resources and abilities to help you come up with a thorough security policy and employee awareness plan. This is not the place to cut corners.
  5. Not making the investment in proper monitoring services: Smaller businesses tend to use older systems with unpatched weaknesses. Since they still have extremely valuable data, cybercriminals have found easy targets. Many small companies decide to trust the technology instead of investing in round-the-clock monitoring systems, and they’ve paid the price. You need to protect your data by monitoring for threats, upgrading the system regularly and knowing how to address any security breaches that arise.

If you have questions about cyber threats or want to protect your business, contact us today. We will bring you the best solutions and help your company stay proactive before an attack happens.