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Five Cyber security checks for Businesses

By: James Azar

Regardless of what industry you work in, some level of cybersecurity exposure is necessary. Whether it’s down to your payment processing methods or your data storage for client retention, you are keeping it all in the cloud or on an external hard drive, you are at risk.

New and disruptive cyber breaches should be foremost in your mind and along with cyber insurance, you should be able to at least solve a few key issues to make you that little bit safer.

Here are our five top cyber security checks for all business to get you on the right track:

1. Pen testing your IT setups and infrastructure

Penetration testing or pen testing, is where a software system is installed to attack your cyber infrastructure and to reveal and seek out weaknesses in your internet setup.

Pen testing is becoming a really necessary service and, in many places, a legal requirement every four months. Not only will you be testing the rigidity of your own system by bringing in a third party but you can prevent attacks before they happen.

However, you are leaving results to be contingent on the skills and adequacy of the company undertaking the testing.

2. Handling credit card data

Treat everyone’s credit card details as if they were your own. Avoid taking payments by phone and allow your clients to use an online payment processor. This may sound counter-intuitive however, taking details by the phone leads to weaker protocols and procedures. Implementing a framework to handle the way your organization handles client data, whether it be payment information or personal information, can be a great way to create company policy for acceptable use of data.

A great technology to help in the handling of payment information are modern payment processors. Many of these processors verify data and complete the transaction, without your business ever storing the data to begin worrying with.

3. Due diligence on your security systems

Part of surveillance is making sure that you review your privacy policies and methods of data collections on a regular basis. Doing this will hold you and your teams accountable.

Apart from a careful inspection of how and where you store data, it’s crucial you inform clients what data is being stored, why, how is it being secured, and notifying them of the storage.

4. Safer cloud storage

Storing data in the cloud is cheap, simple and scalable for growing businesses. It also seems relatively safe, however who will have access to those files and more importantly who will have the final say when deleting them entirely or acting as a gatekeeper on temporary access?

The more you use cloud storage, the more you will realize that vulnerability lies in accessibility, so be sure that this is strictly monitored.

5. Employ some hackers

Controversial but definitely becoming more popular, companies are reaching out to white-hat hackers everywhere to find a back door into their businesses.

Top companies are putting up bounties to break-in to their own companies, Verizon for example spent over $5 million in the past year alone. White hat hackers are able to find where companies are vulnerable, teaching IT departments, executives, and other employees how to protect the company better.

For more guides, advice, news, and trends, the CyberHub Engage Podcast has everything you need to know on how to protect your home and business.