When you’re a small business owner, it is normal to be over-stretched with your workload. You are not only the boss, but also an accountant, HR Manager and IT Expert. With this in mind, it is no wonder that small business owners are left vulnerable to certain unexpected threats such as cyber security attacks. Especially as SMEs are being targeted more and more. So what can a small business owner do about it?
It’s a good idea to have a base level of protection at the very least. The government is aware of how common cyber threats have become and have put a Cyber Essentials initiative together to help. This is there to inform and update businesses of all sizes on how to protect themselves against cyber security attacks. This includes vital advice for SMEs that want to protect themselves against threats. Full guide here.
Many businesses do not train their employees regarding ransomware and phishing, which can make the business vulnerable to cyber crime. This can easily resolved by training all staff on how to deal with threats online and protecting against data theft. Ensure that all staff are aware of this, as it only takes one open gate for a hacker to get to a businesses vulnerable data. There are a number of examples of training options available to you such as phishing and ransomware simulations or security awareness courses.
This is key to insuring your work and your business is secure, and there are a few key tips you will need to bear in mind. Firstly it’s important you establish which date you need to back up, backing up data can be expensive, so you need to understand which parts of your business are in need of securing most. You may want to consider using a cloud storage system in order to back your data up, but if you prefer to use hardware you will need to keep this separate to your current computer.
Smartphones have become a staple part of businesses and how they are run though they are commonly overlooked as priorities for security. Make sure you use password protection and install trackers on each device in the event of them being stolen. Similarly to your computing devices, make sure you keep your smartphone and tablet up to date with the latest software, as well as the apps.
1. Use strong passwords
2. Install Antivirus software
3. Guard your computer with a Firewall
4. Update your operating system
There are now many simple methods to ensure that your business is safe and protected from cyber security attacks. Therefore, there is no excuse as to why your data should be made available to hackers. Especially if you use the tips shown above in this blog.
If you would like to find out more about Invoice Finance or the options that we offer, then do not hesitate to contact us here, or if you’d like to get in touch with our team directly.
give us a call on 0121 236 7575
or email us on info@peakcashflow.co.uk
Pete is based at our Birmingham office in the Jewellery Quarter. Pete spent 10 years working in the mid-market banking sector in both London and the West Midlands. In 1999, he left the banking environment to work in the invoice finance sector, progressing to Director of a medium-sized listed provider. Pete’s responsibilities include: New business acquisition • Underwriting and client management across a wide portfolio • Client care and maintaining the highest service levels within the industry.
Peter Stanton
