According to Cybersecurity Ventures, cybercrime is the fastest growing crime in the US, with damages expected to reach $6 trillion globally by 2021. Having a proper cyber security defense strategy is critical for keeping your business safe.
With cybercrime growing at an astronomical rate, you must have the proper cybersecurity defenses in place to protect your business from malicious cyber attacks.
How can you boost your cybersecurity defenses to prevent a cyberattack? Check out these 5 tips on boosting your cybersecurity defenses.
Top 5 Tips to Improve Your Cyber Security Defense Strategy
1. No more antivirus
Our first tip for improving your cyber security defense strategy is to stop relying on antivirus. The last thing you want to do is rely on antivirus to protect your business from cyber attacks. Relying on antivirus leaves you vulnerable to many types of cyber attacks. How so?
Antivirus relies on signatures to spot cyber attacks. What’s the problem with this? Cyber attacks containing no signature or virus (like ransomware) will bypass your store-bought antivirus leaving you vulnerable to an abundance of threats.
We recommend MEDR or Managed Endpoint Detection and Response. MEDR detects threats that would normally bypass your antivirus. MEDR uses artificial intelligence to stop and remediate any unknown threats and anomalies.
2. Continuous Cybersecurity Training
Implementing continuous cybersecurity training will dramatically increase your security posture by adding an extra layer of defense to your security stack. Security awareness training reduces phishing susceptibility by 50%, with your employees aware of how to spot today’s phishing emails, you are less likely to be hit with a cyber attack. You can turn your weakest links into your strongest defenses.
Annual trainings are not enough to keep up with the ever-changing cybersecurity threat landscape, weekly or monthly cybersecurity training is ideal.
3. Password Manager
At least 60% of people reuse passwords across multiple sites, if not all. Reusing passwords makes it easy for hackers to gain access to all of your accounts if one set of credentials is breached. Using a password manager prevents the reuse of passwords. When creating a new set of credentials, the password manager will generate long, strong, and complex passwords for you. There is no need to reuse passwords with all credentials generated and stored by the password manager.
Using a password manager within your business will drastically improve your overall cybersecurity posture, lessening the chances of a password attack.
4. Multi-Factor authentication
Multi-factor authentication (MFA) also known as two-factor authentication (2FA) is an additional security layer you can add to dramatically increase your security stance. MFA is an electronic authentication method in which a user is granted access to a website or application only after successfully presenting two or more pieces of evidence to an authentication mechanism.
This can be done via text message, phone call, email, or application. It is unlikely the cybercriminal has access to your phone leaving them unable to access your accounts even if they do have your credentials.
By providing an extra barrier and layer of security that makes it incredibly difficult for attackers to get past, MFA can block over 99.9% of account compromise attacks.
5. Zero Trust Security
What is zero trust security? Zero trust security is based on the principle of maintaining strict access controls and not trusting anyone (even insiders). We divide zero trust security into 3 categories: verifying users, validating devices, and limiting access.
Each category is in place with the intention of not trusting anyone. Zero trust security is something that can easily be implemented within your organization to immediately increase your overall security posture.
In conclusion – Improving your cyber security defense strategy
You can easily boost your cybersecurity defenses by implementing one or more of the above 5 cybersecurity tips. Make sure you are doing everything you can to secure your business from cyber attacks. If you need help, contact us today for our professional managed IT services.
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