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How to Prevent Data Loss: Tips for Small Businesses

In a world run online, where e-commerce brings your products and services to a global market, the vulnerability of company assets has never been more important. The threat of hackers and malware has become a daily consideration for IT professionals in every industry. The two biggest threats to any business conducted across networks involve situations of data breach and the crippling effects of ransomware. This is where small businesses face one of their greatest challenges.

Most small businesses don’t have enough capital to staff a fully functioning IT department. This means that most small business owners are handling their own IT functions. There are a number of things that personnel can do to help prevent data loss and unauthorized network access.

Your first line of defense is always a good anti-virus. Don’t be afraid to shop around. There are many good options for reliable anti-virus software. This level of protection typically guards against incoming malicious software, which can often piggy-back into your system on code from compromised systems or as attachments and redirects from emails. A good anti-virus can stop most threats in their tracks.

Next up are firewalls. A network firewall prevents unwanted or illicit access. This is what controls how information flows from other networks into your network. Often, hackers will use malware to open up access to your network and storage. This can result in data breach, where sensitive financial data is compromised. Depending on the size of the business and the types of records kept, this can be one of the most serious issues. If customer financial information is breached, the company might find themselves in serious legal trouble.

Along with storage, backups must also be considered. These records must be securely stored, either on-site or remotely. Trusting your data to a third-party cloud based storage has its risks. A data breach where a company’s backups are located could potentially give a hacker access to all of the company personal financial information. And as you grow, this threat becomes all the more serious and imminent.

The best course of action for any small business is to invest in managed cyber security. Avoid the threats altogether by employing a single security professional to oversee all aspects of keeping your data. It is a growing asset of client information and company metrics and needs to be kept safe and secure against loss.