5 ways to stop your business from being hacked

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http://chrisvarnom.com/5-ways-that-will-stop-your-business-from-being-hacked/ 5 ways that will stop your business from being hacked Author - Chris Varnom at chrisvarnom.com To be notified of my latest posts please subscribe to my newsletter and to receive free stuff at http://chrisvarnom.com/newsletter/ Denial of Service attacks, compromised sites or data breaches being used to distribute malware will all have a dramatic impact on your business; and more so the small business sector. In fact, small businesses are more likely to suffer greater consequences as a result of being hacked than the larger enterprise, which has the financial resources and organizational technical know-how to bounce back faster. Ask yourself this question, could your online business survive the website being offline for a day, two days, a week or even more, your email service not working for days on end or the reputation and data protection fallout of customer data being compromised? And that doesn’t even take into account the time your most precious commodity wasted, identifying and resolving the issues. Unfortunately there’s no 100% guarantee that your business will be hack-free in the connected world of online business. However, there are five simple tips that would make life much harder for the would be hacker... 1. Password management systems Passwords are at the centre of most businesses security policies, and also the subject of many successful site compromises. Larger organizations use expensive password management software solutions to enforce and manage them, while many consumers are turning to using password 'vaults' to generate, encrypt/store and access them. Neither of these are solutions for the average small business, one being too expensive and the other too simplistic. However, there are alternatives, the enterprise version of LastPass, which is relatively low cost on a per user basis and also comes with extras, such as the setting of company-wide minimum password standards to meet your security policy requirements, applying

Transcript of 5 ways to stop your business from being hacked

Page 1: 5 ways to stop your business from being hacked

http://chrisvarnom.com/5-ways-that-will-stop-your-business-from-being-hacked/

5 ways that will stop your business from being hacked

Author - Chris Varnom at chrisvarnom.com

To be notified of my latest posts please subscribe to my newsletter and to receive free stuff

at http://chrisvarnom.com/newsletter/

Denial of Service attacks, compromised sites or data breaches being used to distribute

malware will all have a dramatic impact on your business; and more so the small business

sector. In fact, small businesses are more likely to suffer greater consequences as a result of

being hacked than the larger enterprise, which has the financial resources and

organizational technical know-how to bounce back faster.

Ask yourself this question, could your online business survive the website being offline for a

day, two days, a week or even more, your email service not working for days on end or the

reputation and data protection fallout of customer data being compromised? And that doesn’t

even take into account the time – your most precious commodity – wasted, identifying and

resolving the issues.

Unfortunately there’s no 100% guarantee that your business will be hack-free in the

connected world of online business.

However, there are five simple tips that would make life much harder for

the would be hacker...

1. Password management systems

Passwords are at the centre of most businesses security policies, and also the subject of

many successful site compromises.

Larger organizations use expensive password management software solutions to enforce

and manage them, while many consumers are turning to using password 'vaults' to

generate, encrypt/store and access them. Neither of these are solutions for the average

small business, one being too expensive and the other too simplistic.

However, there are alternatives, the enterprise version of LastPass, which is relatively low

cost on a per user basis and also comes with extras, such as the setting of company-wide

minimum password standards to meet your security policy requirements, applying

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customized policies to restrict access to specific devices, groups or locations, Active

Directory (AD)/Lightweight Directory Access Protocol (LDAP) integration and real-time

syncing across devices.

2. Two factor authentication is far better than just one

Even with proper management in place, passwords are always still vulnerable to

compromise. For example, if a hacker can get into business email or social media accounts

(by way of social engineering or the use of password resets) then they will likely gain access

to information that will help them hack your business. Put simply, a password alone and

even a complex password is no longer enough and Two Factor Authentication (2FA) or Two

Step Verification should be definitely considered.

With 2FA, if someone tries to access company services from unauthorized devices (that is,

ones that haven’t been used before or haven’t been authorized for continued usage) they

will be asked for a separate authorization code in addition to the typical username/password

login. This can be generated either by a SMS text message sent to a registered smartphone

using an approved code generating app, or, sometimes, with a dedicated hardware token.

2FA is an excellent mitigation against hackers who have got hold of login data from the use

of malware or third party compromises and are trying their luck.

3. Policy matters

Many smaller businesses assume they don’t need a formal security policy and to think that is

totally bonkers, but these documents aren’t just something for enterprises. Even the smallest

SMB will benefit from employing this type of policy, but don’t worry because they are easier

to create and implement than you think. In fact, if done correctly, it will form your overall

security policy.

The security policy should be seen as a mechanism to help you understand what data

security means your business and to form the basis of the structured response to the needs

identified. The best security policy will not only detail how to protect your data, but also how

to react when things go totally pear shaped. Embarking on an incident-response strategy

when you have a clear head is far better than trying to put things right when the proverbial

hits the fan.

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4. Education, Education, Education

Social engineering remains a huge threat to large and small businesses and their data

security, whether it’s targeted Trojans or phishing attacks aimed at specific employees,

appearing like a real customer using broad business social-media profiling, or worse still an

attack using a combination of all these methodologies and all of them can be overcome with

employee education.

You must ensure that your staff aren't opening the door to and letting any Tom, Dick or Harry

walk off with your valuable data by teaching them the value that data holds and how security

can be compromised. Once this is understood, staff can mitigate the risk by simply changing

their behaviour. In fact, the smaller the business the easier this is to achieve, as the cost of

maintaining awareness is directly proportionate to the number of staff that you have.

5. Don't forget the simple stuff

The simplest bit of anti-hacking advice to give any small business is to secure your network.

Seriously. It's not something that requires a fully certified geek genius to do.

Ensure you have Business antivirus software installed and make sure that you keep it up to

date, religiously apply operating system and application updates and control who can get at

what data.

The majority of staff don’t need full access to all the data, so apply the “need to know” rule –

if an employee can perform their day to day job without using a certain application or data,

they shouldn’t be given access. The same applies to visitors, do not give them access to the

main network but provide access to a DMZ on the network.

Remember, if you can limit the number of people who have access to your data, you can

successfully limit the opportunity for the bad guys to steal it.