The Role of IT Security for Small and Midsized Business

May 25, 2022 | blog

Everyone knows that securing their business is important. This includes an understanding that securing private data, machines, and the network itself are of paramount importance. So why do so many companies neglect security or treat it as a distant afterthought during the business day? The answer is simple. Many proprietors and business owners do not understand the role that strong security plays in company success. Instead of viewing security as a necessary component of business, it is time to view security as a competitive advantage.

Business owners should view IT security as they do other back-office components of their enterprise. Properly insuring a business or keeping accurate financial records are standard operating procedures if a business is to thrive. Strong IT security plays a similar role in providing a strong foundation upon which the business can succeed.

Why Security Matters

Small businesses are always a target for cybercrime because they often have weaker security protocols in place than their larger counterparts. This leaves them vulnerable to attacks that can result in the loss of data, money, and even customer trust.

Sadly, cyberattacks, data theft, and network intrusion can be fatal for a small business. An incident can cost more than just lost money. Stolen data or a hacked website can degrade a brand’s reputation and push customers away. Even worse, the level of effort and investment needed to improve a small business’s IT security posture is much smaller than imagined.

Consider the choices: a successful attack in the form of data theft or ransomware attack can literally put even the most stable business OUT of business. Conversely, implementing simple security best practices will negate the most common attacks and put you in a position to respond to those that might happen. Considered through that lens, why wouldn’t a business owner want to secure their business and protect it from potential catastrophe?

The Benefits of Strong IT Security

By implementing strong security measures, small businesses can protect themselves from cyberthreats and enjoy a number of other benefits as well. These benefits include:

Better data protection

By encrypting data and using other security measures, businesses can ensure that their data is safe from theft or loss. This is especially important for businesses that deal with sensitive customer information, such as credit card numbers or health records.

Improved customer trust

Customers are more likely to do business with companies that take security seriously. By implementing strong security measures, businesses can show their customers that they are committed to protecting their information.

Reduced costs

Strong security can help businesses avoid costly data breaches and other problems that can arise from weak security. In addition, investing in security measures can help businesses qualify for discounts on their insurance premiums.

Getting Started with IT Security in your Business

There are a number of steps that small businesses can take to improve their security. These steps include:

Educating employees

Employees should be taught about the importance of security and the potential consequences of weak security protocols. They should also be given specific instructions on how to keep data safe, such as not sharing passwords or downloading files from unknown sources.

Implementing strong passwords

All employees should have unique and difficult-to-guess passwords for all of their accounts. Passwords should be changed frequently, and businesses should consider using two-factor authentication when possible.

Investing in security software

Small businesses should invest in security software, such as antivirus and antispyware programs. This software can help protect computers from viruses, malware, and other threats.

Backing up data

Businesses should regularly back up their data to avoid losing important information in the event of a system crash or attack. Data should be backed up to an external hard drive or cloud storage service.

By taking these steps, small businesses can greatly improve their security and protect themselves from potential threats. Cybercrime is a serious problem, but by being proactive, businesses can keep their data safe and secure.

Work with an expert third-party IT Security Provider

Many business owners do not have the time or expertise to properly secure their business networks. This is where IT security companies like Axxys Technologies can help. IT security providers offer a wide range of services that can help businesses protect their data and networks from cyber threats. Services offered by IT security providers include:

Network security assessment

An IT security provider can assess your business’s network security and identify any potential vulnerabilities. They can also recommend steps that you can take to improve your security. An assessment can make sense of your present security posture and provide you with a plan (including necessary capital investments) to fortify your business.

Data encryption

Data encryption is a vital part of keeping your data safe from cybercriminals. IT security providers can help you encrypt your data and keep it safe from theft or loss.

Two-factor authentication

Two-factor authentication is a great way to add an extra layer of security to your account login process. IT security providers can help you set up two-factor authentication for your business accounts.

Firewall configuration

Configuring a firewall correctly is essential for keeping your network safe from attack. IT security providers can help you configure your firewall and make sure that it is properly protecting your network.

Working with an IT security provider is a great way to ensure that your business is properly protected from cyber threats. IT security providers have the expertise and experience that you need to keep your data safe. When choosing an IT security provider, be sure to look for a company that offers a wide range of services. This will ensure that you have the protection that you need to keep your business safe from cybercrime.

Make IT Security a Business Priority

Every business is different, and therefore has different security needs. There is no one-size-fits-all solution to security, but there are some basics that every small and midsized business should have in place. A strong IT security strategy will identify the most important assets of the company and put in place measures to protect them. In today’s climate, that means not only physical security, but also digital security. Machines and devices should be properly secured, and data should be encrypted to prevent unauthorized access. Networks should be monitored for unusual activity, and employees should be trained in best practices for security.

Investing in strong IT security can seem like a daunting task, but the reality is that it is an essential part of doing business in the 21st century. The good news is that there are many resources available to help businesses get started. The first step is to educate yourself and your employees about the importance of security and the role it plays in company success. Once you have a solid understanding of the basics, you can begin to put in place the specific security measures that are right for your business. Strong IT security is an investment that will pay off in the long run by protecting your company’s most important assets.

Our team at Axxys Technologies has years of experiencing helping small businesses across North Texas secure their entire IT environment. From network assessments and security audits to training team members and staff on what to do in the event of a cyberattack, our team can help protect your business. Making security a priority in your business will minimize business risk and help put your business in a position to thrive. Contact us here to learn more about how Axxys Technologies can help fortify your small business against cyber threats and attacks.

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