Losing or compromising data can be disastrous for your business. It can lead to reputational damage, costly lawsuits, and termination of contracts, among others. And because threats to data security are always present online, it's important to implement tough security measures that will keep your business data safe 24/7. Here are some tried-and-tested methods to safeguard your corporate data.

Use two-factor authentication

Using a complicated password to secure your system is not an effective way to level up your cybersecurity. That's because having to memorize a difficult password often pushes users to set that same complex password for multiple accounts. And if a hacker gets a hold of a recycled password, there’s a high probability that they could access all your accounts that use that same password.

Two-factor authentication (2FA) adds an extra layer of security to your systems and accounts. 2FA comes in many forms: it can be a biometric verification in the devices that you own or a time-sensitive auto-generated code sent to your mobile phone. This security feature works similarly to how websites would require you to confirm your email address to ensure that you are not a bot.

Encrypt all data

Encryption is an effective obstruction to hackers, since it scrambles and descrambles data every time someone tries to read it. Encryption also causes compatibility issues if the data is not being accessed via a company’s own network systems. While applying encryption can be expensive, it is certainly well worth the money because it protects your data in case it falls into the wrong hands.

Keep systems up to date

Hackers are always upgrading their tools to take advantage of outdated security systems, so companies should keep up to protect their valuable technology resources. Many companies don’t install software updates immediately, and that’s a huge problem. Updates often close existing security loopholes, which is why delayed installation can mean exposing your systems to external attacks. Keep your data safe by installing software updates as soon as they are released.

Back up frequently

Implementing several layers to your security doesn’t ensure that hackers won’t find their way into your systems. This is why you need to back up data frequently, whether it’s on-site, off-site, or by way of cloud backups. In the worst-case scenario where your systems do get infiltrated, you can restore lost data from your backups.

Monitor connectivity

Many businesses have no idea how many of their devices are connected online at a given time, so it’s very hard for them to keep track of which of these should actually be online. Sometimes, a company’s computers and servers are online when they don’t need to be, making these tempting and easy targets for attackers. It’s advisable to configure business servers properly to guarantee that only necessary machines are online and that they’re well-protected at all times.

It’s much more expensive to recover from a data breach than to prevent one. If you’re looking to protect your business IT systems from potential threats, contact us today so we can help.

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