Cybercrime is a very serious threat these days, with businesses of all sizes and in all industries being targeted. A cyber attack can harm a business in several ways, including downtime, financial fraud, lost data, and reputation damage. A cyber attack can be hard to come back from, which is why it is so important for businesses to know the best ways to protect themselves. Fortunately, cybersecurity is evolving at a rapid rate, and there are a number of steps that you can take to protect your business, data, and customers. Interested? Keep reading for cybersecurity tips that could make a big difference.
1. Use Complex Passwords & 2FA
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Hackers can use advanced tactics to cause damage, but more often than not, they are able to gain access simply by guessing or working out a password. Therefore, you need to have a policy in place for all staff to use complex passwords and different passwords for different accounts. These should also be changed regularly. Additionally, 2FA is a smart way to strengthen account security by adding another layer – if they work out the password, they will still need to pass 2FA to gain access, which can be a lot harder.
2. Use Highly Rated Antivirus
There are a number of cybersecurity products that you will need to use, but antivirus software is the nerve center of your defense. This is why you need to research your options and find the best-rated antivirus software available in your budget, offering strong protection against the latest threats. You need to ensure that you set up regular scans and keep this software updated at all times.
3. Use SAP GRC Solutions
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To provide protection, you should also use SAP GRC (governance, risk, and compliance) solutions. What is GRC in SAP? These are effective solutions that can reduce risk, ensure compliance and manage your enterprise resources. These solutions can improve control and visibility, automate activities, and monitor activity. This can be helpful for preventing fraud, uncovering unauthorized changes, tracking transactions, and more. This is why all organizations need to develop an SAP GRC strategy that will offer protection and improve the management of enterprise resources.
4. Train & Educate Your Team
Even with high-quality cybersecurity products in place, your organization is still at risk, and this is due to the human error factor. In fact, a study shows that 95% of cyberattacks are successful due to human error/negligence, so you need to do what you can to reduce this risk. You need to invest in cybersecurity training for your team, which will show them how to carry out their role safely, best practices, and spot and report scams. This is particularly important if you have remote workers, as this can pose a greater threat and is part of why cybercrime has risen since the start of the pandemic.
Hopefully, these tips will prove useful and help you improve your business’s defense this year. Cybercrime is a serious and growing threat that can harm a business in many ways, so it is vital that you know how to prevent cyber attacks from damaging your company.
