Businesses must rely on technology to stay competitive and efficient. Unfortunately, that also makes you a target for digital fraud and cybersecurity breaches. It may be the biggest companies that make the news for data breaches, but small businesses are also targeted by scammers. However, small businesses don’t have the same resources as larger companies to hire IT personnel, invest in software and other protections, etc. Still, your business in Virginia or North Carolina can and should make cybersecurity a priority. You can create a basic cybersecurity policy for your company and train your employees, who are on the frontlines between the security of your business and potential fraud. Keep reading to learn how to educate your staff on current best practices to mitigate risks and prevent security breaches.
Develop a Cybersecurity Policy
The first step for any business is to establish a comprehensive cybersecurity policy that outlines the organization’s security protocols, guidelines, and procedures. This policy should be clear, concise, and easily accessible to all employees. It should cover various aspects of cybersecurity, including password management, data encryption, email and internet usage, social engineering awareness, and reporting procedures for suspicious activities. The policy should also outline the consequences of non-compliance, emphasizing the importance of adhering to cybersecurity best practices.
Provide Regular Training and Education
Cybersecurity training should be an ongoing process, not a one-time event. Businesses should conduct regular training and education programs to keep their employees updated on the latest threats and best practices. This can include workshops, webinars, online courses, and other forms of training that cater to different learning styles. Employees should learn how to spot phishing attacks, secure personal and company devices, avoid clicking on suspicious links or downloading unknown attachments, and use strong and unique passwords.
Limit Access & Privileges
Ensure that only high-ranking employees have access to platforms, passwords, accounts, etc. that could make your business vulnerable to cyber attacks. The fewer access points you are providing, the lower the chances that your data will be exposed.
Regularly Update and Patch Software
Even small businesses should invest in basic digital security measures, such as antivirus software on company devices. Outdated software and unpatched systems are vulnerable to cyber attacks. Therefore, it’s essential to emphasize the importance of regularly updating software and patching systems to employees. Businesses should establish protocols to ensure that all software, including operating systems, antivirus programs, and applications, are kept up-to-date with the latest security patches.
We are your relationship bank!
Since 1909, American National has had a long legacy of helping people and businesses thrive. If you’re looking for the best banks for business in Virginia and North Carolina, contact us or visit one of our branches. The security of your business and funds is our top priority. If you suspect fraud or other suspicious activity in your business bank account, contact any of our local branches or call our fraud number at 1.800.237.8990. You may also turn off or disable your debit card through Card Management in online banking or on our mobile app.