How Startups Can Protect Themselves From Cybersecurity Threats

By Matthew King | Software and Technology

Dec 20
Cybersecurity Threats

Startups deal with several challenges. Increasing revenue streams, expanding business operations and coming up with a smart marketing strategy are all essential steps to growth and success. Wise entrepreneurs also try to cut off any potential threats to the company’s expansion. Cybersecurity disasters can harm a company on many levels. Taking definitive steps to prevent cyber-attacks should be a top priority. Here are three things that you can do to keep your startup protected.

Hold Trainings

You can’t expect your company’s employees to know what to do if no one tells them what to do. Expecting employees to teach themselves is both passive and risky. A better plan involves holding valuable training sessions that cover reliable security steps. The advice is doubly necessary for companies storing electronic records. According to Murfreesboro Insurance, any business that keeps electronic records, especially of financial information, is at risk of being compromised. During training sessions, the instructor could cover various steps of cybersecurity practices. Sometimes, even simple things such as using difficult-to-decipher passwords or not opening mysterious email attachments end up overlooked. A good training session covers important things employees should know. Also, the sessions become opportunities to point out the information at the greatest risk of compromise.

Institute Cybersecurity Practices

Managers need to take responsibility for their company’s cybersecurity situation. Established methods of reducing security breaches do exist, and startup entrepreneurs should know them. Encryption software, for example, could add a tremendous layer of protection. Installing high-end antivirus programs would do the same. And have you thought about moving data to secure cloud storage locations? Securing customer data also involves limiting access to this type of sensitive information. If an employee doesn’t need to see the information, then it may be better to restrict his/her access. Fewer eyes seeing data could mean fewer problems.

Request a Security Audit

No matter how many steps you take to protect data, cybercriminals have great minds for overcoming defenses. If they lacked such skills, then you wouldn’t see big stories in the news about top corporations suffering from cyberattacks. And smaller companies face massive threats, too. Thankfully, just as cybercriminals can find flaws, so can security experts. According to Compuquip, by running a security audit, an expert may be able to find a problem. The next step is the most helpful one: The expert team can go to work fixing it. Running an audit on a routine schedule might be advisable.

Startup owners have to deal with scores of responsibilities. Cybersecurity concerns must be at the top of the list. Don’t ignore those concerns, or you could court disaster in the form of a data breach.

You might also like: 3 Industries That Startups Are Changing for the Better

About the Author

Matthew King is the owner of the Startup Forums, Alkries LLC, and co-owner at TR King Insurance Marketing. Partner at Independent Life Insurance Agent Association, Medicare Training 101, and Final Expense 101. When he's not creating content about running successful businesses here. He's most likely developing processes, diving into SEO, or gaming with his friends and wife.

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