2014-07-11 00:00:00 Technology English https://d3hrajprm8dqcv.cloudfront.net/wp-content/uploads/2017/05/08195221/security.jpg Key Checks to Perform after a Security Risk

Key Checks to Perform after a Security Risk

2 min read

Today, small businesses rely heavily on technology for operations, day-to-day tasks and data management. For any business that uses data or collects personal information from its customers, it is vital to have a backup plan and a solid system in place to secure all sensitive data. Leaks can not only damage a company’s reputation but can also expose company innovations or data to competitors. The following are the key checks to perform after a suspected security risk: 1. Secure customer data: Identify system vulnerabilities; identify internal and external risks with the most severe chance of threat. Ensure that the confidentiality of your customers’ sensitive data such as contact or bank details are not at stake. 2. Train your staff: Educate and inform your staff through periodical workshops to let them be aware of security best practices and contingency plans in case there is a security risk. Document all security policies and ensure that your team is thoroughly informed of them. 3. Consistently monitor: Security maintenance is an ongoing process. After a security risk, ensure that you put mechanisms in place to monitor any further breaches so that you can figure out a strategy to tackle these issues the next time they create any risks for your business. 4. Keep evolving: Make sure that your systems are up-to-date in terms of all updates to security safeguards, and anti-virus and anti-phishing programmes. This will ensure that you are not left vulnerable when a new hacking risk or virus gets released. After a serious attack or suspected risk, ensure that you run all manner of virus, malware and hack checks to confirm any vulnerabilities. 5. Back up all your data: Losing valuable company data, insights, employee or customer information can severely damage your reputation and hinder your progress. Therefore, it is important to back up your data securely on the cloud – cloud providers are often more proactive in releasing updates and securing data. The first thing to do would be to identify a reliable cloud service provider and move all crucial data on to it. 6. Don’t put all your eggs in one basket: Storing data on a single server or computer is extremely risky; on the off chance that something happens, all your data could be irrevocably lost. After a suspected virus attack, ensure that there are all possible backups to your data in place on a secure, uninfected system. Small businesses need to make data security high on their priorities, and not be complacent about it in any way. Establishing a foolproof system in place that is strict and quick to take action on any risks is important, before anything worse happens.

Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

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