Top 5 Cybersecurity Tips for Small Businesses

Owning a small business can be tough, especially when it comes to ensuring your cybersecurity is as strong as you and your customers need it to be. But don’t worry. Here are five essential tips to help you secure your business in 2024.

1. Set Up Two-Factor Authentication (2FA)

The first and most crucial step in securing your business is setting up two-factor authentication (2FA), also known as multi-factor authentication (MFA). Passwords can often be guessed or stolen, making them a weak point for cyberattacks. By using 2FA, you add an extra layer of security that requires a second form of verification in addition to your password. This could involve an app on your phone that generates a unique code, biometric features like a fingerprint, or even a small device that acts as a security key. This makes it much harder for cybercriminals to access your systems, even if they have your password.

2. Educate Your Employees About Phishing

Phishing is when criminals try to trick people into clicking on malicious links or sharing sensitive information, often by pretending to be someone they trust. It’s one of the most common ways businesses get hacked. To protect your business, make sure every employee knows how to spot a phishing attempt. Look for red flags, like emails with poor grammar, unfamiliar links, or requests for sensitive information. Training can include simple tips, onboarding sessions for new staff, and even mock phishing exercises to keep everyone prepared. A team that understands phishing risks is your first line of defense.

3. Implement Zero Trust Network Access

Zero Trust Network Access is a modern approach to securing your business’s systems. Unlike older security methods that trust users inside the network, Zero Trust assumes no one should be trusted by default - inside or outside. Every person or device trying to access your system must prove their identity and be verified before gaining access. For example, if an employee needs to use a specific app, they’ll only get access after being authenticated, and they’ll only see what they are authorised to use. This method helps protect your sensitive information from unauthorised access. 

4. Manage Data Privacy and Third-Party Risks

Data privacy isn’t just about keeping your data locked up; it’s about knowing where your data is, who has access to it, and how it’s being used. Many small businesses work with external suppliers, contractors, or software providers who might need access to sensitive information. If you’re not careful, these relationships could expose your data to risks. Start by reviewing which third parties can access your data and ensure they follow strict security practices. Using contracts or agreements to define how they handle your data can also provide added protection.

5. Consider Managed IT Services

Cyber threats can be complex and overwhelming for small businesses. That’s where Managed IT Service Providers (MSPs) or Managed Security Service Providers (MSSPs) come in. We  monitor your IT systems and security 24/7, looking for potential threats and responding quickly to issues. We also help with routine tasks like keeping your software up-to-date and backing up data securely. By partnering with an MSP like SME ONE, you can focus on running your business while experts handle your cybersecurity.

By following these top five cybersecurity tips, you can help protect your small business from the growing threat landscape. Want to learn more? Contact SME ONE at 0333 335 5676 for expert advice and comprehensive cybersecurity solutions tailored to small businesses.