Cyber Security

Cyber security can give anyone responsible for IT gray hair and sleepless nights. But luckily there is something you can do!   

Microsoft has just issued an exciting analysis on cyber security for small and medium-sized companies. Along with the results of the survey, there are also concrete tips for what you as a company can do to protect yourself from cyber attacks.   

You will get the most important points below.

Cyber attacks are on the rise

One in three companies has been exposed to a cyber attack. Many mistakenly believe that they are too small to be attacked – or that they are safe if only they use common sense. But all businesses can be attacked, so it's important to take cyber security seriously.

Tips for protection: 

  • Use strong passwords and an authentication app. 
  • Enable multifactor authentication for all your users. 
  • Learn to recognize and report phishing. 
  • Keep your software up to date. 

 

Cyber attacks can be expensive

The cost of a cyber attack can be high and include downtime, data loss, re-establishment attempt costs, and fines related to data breaches. Attacks can also damage the company's reputation and ultimately lead to lost customers. At the same time, it is difficult to predict how long it will take the organization to recover from an attack.  

Tips for protection: 

  • Do a risk assessment to find and close security holes. 
  • Plan proactively to minimize the cost of a possible attack. 
  • Reach out to a security specialist for assistance in identifying the risk. 

 

AI increases the need for security 

81 percent of small and medium-sized companies believe that artificial intelligence increases the need for extra security. Employees' use of AI may inadvertently lead to access to sensitive internal data if it is not properly protected. Using artificial intelligent therefore often calls for a rethinking of access rights to your data.  

Tips for protection: 

  • Clean up old rights structure. 
  • Implement a transparent and logical structure for data security and management. 
  • Use encryption and labeling of documents. 

 

Cyber security is critical 

94 percent of companies consider cyber security to be crucial for their business. Handling work data on personal devices and cyber threats such as ransomware and phishing are some of the biggest challenges facing businesses.  

Tips for protection: 

  • Train and train employees in cyber security.   
  • Complement with training tools for Cybersecurity Awareness. Contact us if you want a 30-day free trial subscription for your organisation. 

 

Use of external security specialists 

Fewer than 30 percent of companies handle their security internally. This is due to limited resources and a lack of internal experience and expertise. Many use security consultants or security service providers to protect data and systems. 

Tips for protection: 

  • Monitor IT activities and respond to incidents. 
  • Use a security specialist to help manage IT and security – both at strategic and operational level. 
  • Focus on the core business while specialists secure the business. 

 

Increased cyber security spending 

80 percent of companies plan to increase their costs for cyber security, especially for data protection, but also for securing physical devices, networks, etc. 

Tips for protection: 

  • Invest in data protection, firewall services, phishing protection, ransomware and device protection, access control and identity management.   
  • Use a specialist to help advise and prioritize efforts. 

 

Secure data access for remote work 

68 percent of companies see mobile workplaces as a major security challenge, and many are concerned about data loss or misuse of data. It is therefore important to define secure access to data so that employees can work safely and securely from anywhere.  

Tips for protection: 

  • Implement measures to protect data and devices. 
  • Set up rules for the type of units and geographical locations from which employees are allowed access. 
  • Install software updates immediately. 
  • Avoid sharing credentials via email or text. 

 

Do you want to delve further into the analysis? So look here at Microsoft: 

DO YOU HAVE IT SECURITY UNDER CONTROL?

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Then you get our recommendations for e.g. safety, utilization of automation and assessment of the economic potential.

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