Improve Your CybersecurityMay 25, 2022
Many things have changed since 2020. Businesses are now operating from anywhere, and there is an increased need for stronger cybersecurity. According to Accenture’s 2021 State of Cybersecurity Resilience Report, the amount of cyberattacks increased by 31% from 2020 to 2021, and cyberthreats continue to be a concern in 2022.
Recent cyberattacks on businesses
This year, we’ve already seen cyberattacks affect businesses like the Red Cross, Microsoft, and Cash App — just to name a few.
In January 2022, the Red Cross experienced a breach through one of their third-party contractors. Over half a million records were compromised, and thousands of people had their sensitive data stolen as a result. At the time, the Red Cross took down their servers to stop and investigate the attack, but the culprit has not been identified.
On March 20, 2022, Microsoft was targeted by a hacking group called, Lapsus$, which led to some products being compromised such as Cortana and Bing. Luckily, Microsoft’s security team already had Lapsus$ on their radar, and they were able to shut down the attack by March 22 with only one compromised account.
Cash App also experienced a breach this year in April, but in this instance, a former employee caused the breach. The breach involved customer information, account numbers, stock trading information, alongside other sensitive financial information. Block, the owner of Cash App, has contacted over 8 million customers notifying them about the incident. Luckily, no account credentials were stolen, and only a limited amount of identifiable information was stolen.
How to protect your business against cyberthreats
Although these examples involve larger companies, 43% of cyberattacks target small businesses (Cybint), so it’s still important for all businesses, no matter their size, to have reliable cybersecurity in place.
Cyberattacks are unpredictable, but the best way to stay protected is to stay prepared. With a multi-layered cybersecurity approach, you’ll have a better chance of preventing a breach. If one layer is compromised, additional layers are in place to ensure your devices and data are safe.
In order to determine which layers of cybersecurity are relevant to your business, you first need to identify the security holes, pain points, and vulnerabilities your business is facing. For example, if you are losing valuable time through manually updating software and applications, investing in an automated patch management solution could be an important layer to invest in. Other layers of security to consider include antivirus, VPN, cloud backup, firewall, email protection, privacy protection, and more.
Identifying your business security needs and implementing multi-layered cybersecurity is only the beginning. It’s also important to ensure that your employees are well-aware of cybersecurity best practices and common scams like phishing emails. 95% of cybersecurity breaches are caused by human error (Cybint), so having effective cybersecurity includes both reliable security solutions and thorough training.
Stay secure with Avast Business
Wherever your business takes you, we’ll go where you go to keep you secure online. Check out Avast Small Business Solutions, our multi-layered security that delivers more than just antivirus. Benefit from additional features like Patch Management, Password Protection, privacy tools, and more. Plus, we have three options available so that you can choose what works best for your business needs.
Are you an NSBA member? Good news — we have an exclusive discount and a free trial just for you. Claim your offer today!