Top 5 Cybersecurity Mistakes That Leave Your Data at Risk

WELCOME TO SOLUTIONS SQUAD!

We understand that your focus is to drive business growth and stay ahead of the competition. That’s why our Expertly Managed IT services are curated to streamline your operations, help secure your business, and ensure your technology scales with your ambition. We bring a proactive approach to IT management, offering tailored solutions that keep you connected and protected. With services ranging from real-time monitoring to cutting-edge cybersecurity and disaster recovery planning, we’re here to empower your strategic decisions with our Virtual CIO and co-managed IT support. We stand by a security-first ethos, reinforced by our dedicated helpdesk, ensuring clear assistance in plain English, anytime you need it. We are your partner in building a resilient, efficient, and innovative IT infrastructure, freeing you to focus on what you do best: running your business.

Empower Your Business with Expert IT Support

Unlock efficiency and secure your digital assets with our Expertly Managed IT services—where peace of mind meets innovation.

The global damage of cybercrime has risen to an average of $11 million USD per minute, which is a cost of $190,000 each second.

60% of small and mid-sized companies that have a data breach end up closing their doors within six months because they can’t afford the costs. The costs of falling victim to a cyberattack can include loss of business, downtime/productivity losses, reparation costs for customers that have had data stolen, and more.

You may think that this means investing more in cybersecurity, and it is true that you need to have appropriate IT security safeguards in place (anti-malware, firewall, etc.). However, many of the most damaging breaches are due to common cybersecurity mistakes that companies and their employees make.

The 2021 Sophos Threat Report, which looked at thousands of global data breaches, found that what it termed “everyday threats” were some of the most dangerous. The report stated, “A lack of attention to one or more aspects of basic security hygiene has been found to be at the root cause of many of the most damaging attacks we’ve investigated.”

Is your company making a dangerous cybersecurity mistake that is leaving you at high risk for a data breach, cloud account takeover, or ransomware infection?

Here are several of the most common missteps when it comes to basic IT security best practices.

Not Implementing Muti-Factor Authentication (MFA)

Credential theft has become the top cause of data breaches around the world, according to IBM Security. With most company processes and data now being cloud-based, login credentials hold the key to multiple types of attacks on company networks.

Not protecting your user logins with multi-factor authentication is a common mistake and one that leaves companies at a much higher risk of falling victim to a breach.

MFA reduces fraudulent sign-in attempts by a staggering 99.9%.

Ignoring the Use of Shadow IT

Shadow IT is the use of cloud applications by employees for business data that haven’t been approved and may not even be known about by a company.

Shadow IT use leaves companies at risk for several reasons:

  • Data may be used in a non-secure application
  • Data isn’t included in company backup strategies
  • If the employee leaves, the data could be lost
  • The app being used might not meet company compliance requirements

Employees often begin using apps on their own because they’re trying to fill a gap in their workflow and are unaware of the risks involved with using an app that hasn’t been vetted by their company’s IT team.

It’s important to have cloud use policies in place that spell out for employees the applications that can and cannot be used for work.

Thinking You’re Fine With Only an Antivirus Application

No matter how small your business is, a simple antivirus application is not enough to keep you protected. In fact, many of today’s threats don’t use a malicious file at all.

Phishing emails will contain commands sent to legitimate PC systems that aren’t flagged as a virus or malware. Phishing also overwhelmingly uses links these days rather than file attachments to send users to malicious sites. Those links won’t get caught by simple antivirus solutions.

You need to have a multi-layered strategy in place that includes things like:

  • Next-gen anti-malware (uses AI and machine learning)
  • Next-gen firewall
  • Email filtering
  • DNS filtering
  • Automated application and cloud security policies
  • Cloud access monitoring

Not Having Device Management In Place

A majority of companies around the world have had employees working remotely from home since the pandemic, and they’re planning to keep it that way. However, device management for those remote employee devices as well as smartphones used for business hasn’t always been put in place.

If you’re not managing security or data access for all the endpoints (company and employee-owned) in your business, you’re at a higher risk of a data breach.

If you don’t have one already, it’s time to put a device management application in place, like Intune in Microsoft 365.

Not Providing Adequate Training to Employees

An astonishing 95% of cybersecurity breaches are caused by human error. Too many companies don’t take the time to continually train their employees, and thus users haven’t developed the skills needed for a culture of good cybersecurity.

Employee IT security awareness training should be done throughout the year, not just annually or during an onboarding process. The more you keep IT security front and center, the better equipped your team will be to identify phishing attacks and follow proper data handling procedures.

Some ways to infuse cybersecurity training into your company culture include:

  • Short training videos
  • IT security posters
  • Webinars
  • Team training sessions
  • Cybersecurity tips in company newsletters

When Did You Last Have a Cybersecurity Checkup?

Don’t stay in the dark about your IT security vulnerabilities. Schedule a cybersecurity audit to uncover vulnerabilities so they can be fortified to reduce your risk.


Featured Image Credit

This Article has been Republished with Permission from The Technology Press.

Don’t miss out on all the benefits – subscribe now and take your business to the next level!

  • Get exclusive access to expert insights and tips for leveraging technology to grow your business.
  • Stay up to date on the latest tech trends and advancements that can help you stay ahead of the competition.
  • Join a network of business leaders who are committed to using technology to drive success and innovation.
  • Receive personalized support and guidance from our team of IT experts.
  • Enjoy a more streamlined and secure digital experience with our insider tips and tricks.
empowering miami businesses with expert it support services

Empowering Miami Businesses with Expert IT Support Services

Empowering Miami Businesses with Expert IT Support Services Hey, Miami business owners! Ever felt like technology is both your best friend and your worst enemy? You’re not alone. In today’s fast-paced world, staying ahead in the tech game is crucial,…
Free Person Using Macbook Air Stock Photo

5 Cybersecurity Predictions for 2024 You Should Plan For

Cybersecurity is a constantly evolving field. There are new threats, technologies, and opportunities emerging every year. As we enter 2024, organizations need to be aware of current and future cyber threats. Businesses of all sizes and sectors should plan accordingly.Staying…
Overhead view of two people at a table working with a Microsoft laptop and notebook

Workspaces, a VPN & More – Learn the Newest Microsoft Edge Features

Microsoft Edge continues to redefine user experiences. This is due to Microsoft’s commitment to innovation. The latest updates bring a host of features. These are designed to enhance productivity, security, and browsing satisfaction.Chrome may have been number one for years.…
empowering fort lauderdale businesses with it help and support

Empowering Fort Lauderdale Businesses with IT Help and Support

Empowering Fort Lauderdale Businesses with IT Help and Support In the bustling city of Fort Lauderdale, Florida, where businesses thrive and competition is fierce, having reliable IT help and support is not just a luxury, it’s a necessity. That’s where…
information technology services the backbone of dania beach businesses

Information Technology Services: The Backbone of Dania Beach Businesses

Information Technology Services: The Backbone of Dania Beach Businesses Have you ever wondered what keeps the vibrant businesses of Dania Beach, Florida running smoothly? The secret lies in the invisible yet crucial network of Information Technology Services. In today’s digital…