12 CyberSecurity Strategies to Implement This Year

With headlines full of cyberattacks and security breaches victims, it is time to take the risks seriously!

1. Have A Cyber Readiness Plan

The success and survival of your business will be determined by your ability to overcome security threats or breaches. You need a cyber readiness plan that includes elements of prevention, continuity and recovery strategies.

2. Establish Strict Policies and Procedures

Policies and procedures regulate business operations and are essential for defining the standards and expectations of employee behavior and actions in the workplace. While establishing strict, security focused protocols is essential, a system of validation and enforcement is equally important. After all, rules without consequences are merely suggestions.

3. Keep Updates Up to Date

While updates often introduce new or enhanced features into your apps, programs and systems, they also install security and performance fixes known as patches. Undiscovered defects or flaws can leave your systems exposed. Hackers will exploit any vulnerability or security gap they find. Keeping your systems updated is vital for keeping your business cyber ready.

4. Force Authentication

One-level security is no longer enough. Even the strongest passwords are vulnerable to theft or
exposure. Requiring more than one method to authenticate user identity or access permissions can reduce or eliminate the risk of stolen or unauthorized credentials being utilized.

5. Back Up Everything!

Data is the lifeblood of every business. Unfortunately, the risks and threats to the protection, privacy and usability of that data are endless. Follow the 3-2-1 method for backups; a minimum of three unique copies of your data, two available locally and one off-site or in the cloud. Make sure to test your backups often for functionality and integrity.

6. Don’t Neglect Compliance

Maintaining regulatory compliance is mandatory for many organizations. While navigating and
satisfying the obligations can be complicated and stressful, achieving compliance is a critical
component of having a cyber ready business. Security and privacy are integral elements of compliance.

7. Continuous Network Intelligence

Knowledge is power. A critical component of cyber readiness is having on-demand insight of
anomalous activities, suspicious changes, potentially harmful misconfigurations or any other malicious activities occurring internally on your network. Promptly detect and remove threats before they cause damage.

8. Security Awareness Training

Users are the weakest link in security, given a lack of education and experience. Instituting a security awareness training program for every member of your staff will significantly reduce the probability of user-related errors and exposures.

9. Combat the Password Crisis

With over 80% of hacking-related breaches linked to weak, reused or stolen passwords, user
credentials are emerging as the top vulnerability for businesses. Balance convenience and security by monitoring the dark web for exposed credentials, implementing multi-factor authentication, and streamlining control of password management.

10. Don’t Skip the Insurance

Increasing risks and threats of data breaches and ransomware, regardless of size or industry, have
prompted many businesses to adopt Cyber Risk Insurance to protect themselves from catastrophic loss. Investing in a cyber insurance policy could save your business should you be the next victim.

11. Reduce Supply Chain Vulnerabilities

Nearly two-thirds of firms (65%) have experienced cyber-related issues in their supply chain in the past year. As a part of your cyber readiness plan, you must deploy protocols to evaluate and monitor the security of your supplier networks and third-party vendors.

12. Deploy a Multi-Layer Security Strategy

Security is asymmetrical. Where businesses must plan, prepare and defend against every threat or
scenario, cybercriminals only need to find a single weakness or hole in your defenses to carry out their malicious plans. Protect your data and your business by deploying multiple security strategies together as one.