Startups and small businesses can be seen all over the internet and they are the ones who are more prone to cybersecurity threats as well. According to Forbes, more than 28% of small and medium-sized firms experienced cybersecurity breaches alone in 2019. Many companies had to work for the repairs for months while others struggled due to immense losses. Entrepreneur.com reported that tech firms encounter more than 3,50,000 new attacks each day because of malware software that are made to damage computers and steal data. Although new startups or consumers believe that they are protected due to their antivirus systems, they are wrong most of the time! If you too have a small business or a startup firm, consider strong prevention of your digital data and avoid making cybersecurity mistakes.
Why are startups targeted?
As per tech blog, Malware sites and fraudulent companies usually target startups and small businesses the most to steal or destroy their sensitive data. Phishing emails and threats are the most common entry points which are typically installed through suspicious links, phone calls and SMS. Such kind of cybersecurity attack intends to gather information or spread malware in the firm’s entire digital system.
Many attacks are reputed which tries to harm your new brand name or value by spreading misinformation over social media sites. They may use your sensitive data and use them against you through blog posts or websites. Many attackers take up a fake profile or may contact you as a consumer or a vendor and make false claims. Social engineering attacks, for example, uses social media search engine, SMS, voice or call, or even a link bait.
Cybersecurity mistakes that startups usually make
Not Updating Software
Many reputed companies and tech firms use a high-end security system with full-proof firewall software that can secure their websites and servers. This is one of the best ways to secure oneself from cybersecurity attacks and keep hackers at bay. Though, we must understand that technology keeps innovating and the new computer system may come up in the market with newer technology. So, hackers and attackers come up with new ways and novel ideas to attack your digital world.
In order to prevent this, we need to update our software every now and then or at regular intervals. It is also a good idea to store all your important documents and secret file on a computer that does not have internet access or is connected to servers. Many small businesses often ignore these things and unknowingly get exposed to hackers.
Security is being handled by inexperienced personnel
This is yet another common mistake made by many startups. In order to save funds, many small businesses and startup companies hire personnel and technicians who are inexperienced or untrained for unforeseen threats. Since cybersecurity is a critical element of a business, it must never be taken lightly. Although you may have spent a hefty amount on firewall system or in an antivirus, without running them efficiently, your system will be still at risk. So, consider hiring an expert who can read potential upcoming threats and keep making changes in your cybersecurity system to avoid catastrophes.
This is one thing many startups, and even oldies avoid even after knowing its adverse consequences due to monotonous and time-taking procedures. The reason behind keeping backup is when your data is breached or your data gets attacked and lost, these backups can help you run your business and restore your sensitive files. You can reinstall all your backed up data once our system gets cleaned and the new firewall is updated in your severs. Regardless of how busy you are, consider backing up your files each day to avoid falling victim to phishing.
Using endpoint security as a sole source of protection
The term “layered security” may be familiar to you. This is the method to go about placing together your protection system. Sad to say, many entities do not try this stance critically, preferring to focus merely on endpoint security to protect their systems. Layered security, as the name implies, offers multiple layers of protection against hackers. An effective endpoint can though secure your system and protect it from a malware attack In many automated cases, hackers can still exploit any kind of human errors to deliver their payload. Therefore, layered security becomes the only way that can be used simply to combat hackers and implement an endpoint solution. This will also prevent malicious emails from damaging your system or even reaching the recipient thereby avoiding potential errors.
Not looking at human errors
The startup and small business security is not only essential for the firm’s name only but also for the people working for it. As discussed, many social engineers use social media sites to attack firms, there are other human errors that can damage your firms and their employees’ names. Giving access can be an issue here. This means startups are forced to provide sensitive data such as infrastructure access to new employees, or even freelancers to work remotely. As soon as your information is shared with a conman, it is breached and your entire system gets corrupted. Therefore, if you plan to work with freelancers or remote workers, use strong passwords and update your system to revoke access as soon as your work relationship has ended or any kind of suspicion is detected.
Putting all your trust in a single IT employee
Although we hire an IT engineer for a reason, they need to be responsible to take utmost care of the technical side of their organization. There is no harm in it even. But entrusting one person with every digital matter may compromise your firm’s security to a great extent, especially if the person is new or has worked for a competitor. This would be like inviting cybersecurity threats openly and risking all your critical information to a third party. So, invest in more than one person to ensure the security of your infrastructure without making your employee feel confined.
Using simple passwords
One of the typical cybersecurity mistakes made by contemporary startups is using simple passwords and taking things lightly. You must have noticed that many securities software ask you to maintain a strong password and keep alerting you if you have kept a simpler one. It is for a reason that most of us don’t pay attention to. Passwords are something that hackers can find out easily by simple guesswork or through a little research. It is true that password hacking has become a top concern for many businesses and celebrities’ social media accounts as well. Hence, consider this mistake seriously and never make it easier for hackers to find your password to get access your business files.