Whether it be personal or operational, stolen data often results in disaster for small businesses. It can result in loss of revenue, customer trust, and reputation for the business. Data breaches are a growing concern for UK businesses, particularly the ones that are scaling to expand their operations.
Implementing security measures at a small-scale is easy, but as your business grows, it becomes more difficult and complex implement efficiently. In this blog post, we provide some effective tips on how businesses can secure their customer data as they scale.
Encrypt your data
One way to increase the security of your confidential data is to store and transmit it in an encrypted format. This keeps your data secure even if hackers get access to it. The encryption renders the information unreadable and hence unusable by the hackers.
Encryption is a great prevention technique that solidifies your organisation’s defences against hackers. There are numerous encryption techniques and standards that can be used to protect your data. Consult with your service provider or security expert on which one you can use to ensure data confidentiality.
Disable remote access
Most data breaches can be attributed to hackers gaining remote access to the network. To protect your business against this, it is recommended that you limit remote access to your network.
This can be achieved by disabling remote access from all external networks. Or, a possible way of limiting remote access is to whitelist devices that can remotely access your network. The remote access should be disabled for all other devices other than these.
Limit data accessibility
Access control or limiting data accessibility is an effective way to secure control data. It limits users within your network to access only the data that they need for their job.
Regardless of how well-known or trusted an individual is, their access to information should be restricted. For third-parties such as clients, you should create guest users that can only access the information that you wish to share with them.
There are several benefits of using access control. Firstly, it helps you to hold users accountable in the case data is illegally manipulated. Secondly, it allows for damage control in the case hackers breach your network and gain access to a user account. The hackers will only be able to access the information which the breached account can.
Educate your employees
Employees are integral to an organisation’s information security plan. Hackers can breach even the most advanced cybersecurity defences because of a simple mistake by an employee. For instance, you might have a strong password policy but if hackers can still manipulate employees to give away their passwords.
To prevent this, it is important to educate your employees. This can be done by implementing an information security policy and conducting training sessions. The information security policy should provide best practises and guidelines for employees. For instance, it should require employees to not share their personal information with anyone.
In the case of a breach, your information security policy should provide guidelines on what employees should do. New employees should be made aware of the information security policy and how to comply with it through training sessions.
It is essential for businesses, particularly SMEs that are growing, to secure their customer data. A breach can result in severe financial loss and irreparable reputation damage. Fortunately, you can take some measures to protect your information as your business expands. You can encrypt your data, limit remote access and data access, educate your employees, and monitor data for insider attacks.
CyberSmart partners with businesses to help them protect themselves from 80% of attacks. We provide automated compliance services that ensure businesses follow best practises for security. Feel free to reach out to us if you would like to learn more about how to secure your customer data.