4 Ways to Protect Your Small Business From Cyber Attacks

4 Ways to Protect Your Small Business From Cyber Attacks

We've all read about the massive breaches that compromise valuable and sensitive information. As a small business owner, whether or not you are IT savvy, you have to ensure that your data—particularly private customer information—is protected. When there's a breach or someone hacks into your system, you not only lose time and money, but you lose client trust, and this can be nearly impossible to get back. We've compiled a list of four things you need to start doing now to protect your company from a cyber attack.

  1. Encrypt important data. Hackers are adept when it comes to finding ways into your system. By encrypting data, however, you are essentially turning it into code that is very difficult for hackers to crack. If again, you're not the most IT savvy person, you may want to hire this out.

  2. Have a security policy in place. Most small businesses, unfortunately, do not have one. This is simply a plan that outlines what needs to be done to tighten security, what protocol should be followed, and also what steps you will take in the event of a breach.

  3. Have mandatory password changes. And insist that passwords be made stronger. By regularly changing up passwords, you make everyone's accounts less susceptible to attacks.

  4. Ensure that screens aren't sitting unattended. Employees might be working on something important and potentially sensitive and then just leave it sitting there on the screen. You need to stress how crucial it is to shut down the devices.

Making sure that your business is secure when it comes to cyberattacks is one of the most important things you can do to ensure your company's longevity. If you need funds to implement more stringent measures, we can help. First Union has helped businesses get money in as little as two days through our wide array of loan programs. Call today and let's get started!

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