Remember when Sony Pictures got utterly hacked by North Korean hackers back in 2014? I sure do. So when they made it to the headlines with another data breach scandal, I almost spit out my morning coffee. “How could a giant like Sony get taken down so easily by hackers YET AGAIN?” I wondered. There are a lot of speculations going around about it, together with an influx of cybersecurity memes just like the one in this blog.
I mean sure, it’s funny for some- but really, the Sony mega-breach was a rude wake-up call, reminding businesses everywhere just how prevalent cyberthreats have become. And friends, it’s only getting worse.
But before your stress levels go through the roof, take a deep breath. This blog post is your guide to avoiding cyber-catastrophes in your own business.
- Why SMBs are prime hacker bait
- Simple ways you can protect your organization
- How Sony got it so wrong
- When to call in reinforcements
Let’s get to it! Knowledge and immediate action are key when it comes to cybersecurity.
Little Fish Make Easy Prey
You run a small business. You feel invisible next to industry heavyweights. So why should you worry about cyberattacks?
Well, it turns out small fish are the hackers’ meal of choice. Chomp, chomp, yum!
Over 40% of cyberattacks deliberately target small businesses. And according to IBM’s 2020 Data Breach Report, the average breach now costs companies nearly $4 million. Yikes! Now, you can’t laugh at that scenario…
So why are SMBs bullseye targets? A few reasons:
- Limited security budgets.
- No dedicated IT staff.
- Outdated systems still running
- Weak passwords (or non-existent email security knowledge)
- Cloud migration mishaps
When hackers smell blood in the water, they circle like sharks. Does your organization have risks that make you vulnerable to cyberattacks?
Don’t panic yet, though. Let’s talk about ways to defend your business.
Lock the Doors to Keep the Bad Guys Out
Think of it like protecting your home. You lock your doors and windows, get security alarms, and keep valuables in a safe, right?
Well, the same logic applies to safeguarding your company’s critical data and systems.
Here are some simple but powerful ways to get hacker-proof:
- Provide employee cybersecurity training
- Maintain system updates and patches
- Backup data regularly
- Use strong passwords and enable multi-factor authentication
- Encrypt WiFi access and limit personal devices
- Vet cloud providers carefully
- Install enterprise-grade firewalls
- Deploy anti-malware software across endpoints
- Control employee access to systems
- Monitor networks for unusual activity
- Have an Incident Response Plan ready
Whew! That may sound like a lot. But taken step-by-step, even a small business can implement robust protections. Think layers. Each barrier makes you harder to breach.
Fortify your business with some help
Okay, you have taken these actionable steps. What now? If there is anything to be learned from Sony’s history of cyber blunders, it is that your cybersecurity efforts should be consistent and scale at the same rate as your business. At a certain point, it pays to call in reinforcements, and that’s where working with a CDAP Advisor packs in the guns. Aside from business advisory, you can explore available funding to help you with cybersecurity audits and improve your staffing and digital systems. This way, the only thing you have to worry about is how to grow your business, not cyberbullies.
We are living in wild cyber times. But informed small business owners can stay two steps ahead of the threats. Now you have the knowledge and resources to keep your company off the hackers’ target list.
Here’s to your continued success and cyber resilience! Stay safe out there.