Streamlining security is a more balanced message about why and how to protect your business. Over the past year, we have covered the on-going, and increasing, threats to small businesses. We often highlight the scope and severity of the risk. Hopefully this information, along with cost-effective solutions, prompts you to act. At times, we may appear to be fear-mongering.
Sound business practices, not fear, should be your motivation to protect against cyber attacks.
The market is awash with security solutions. These range from single-protection products to complex advanced security monitoring and response services. The number of options, and competing claims, is overwhelming.
Our Recommendation: Focus protections on the most common, and most damaging, types of attacks.
1. Focus on Risks
We know that:
- More than 80% of cyber attacks start with, or involve email via phishing and other social engineering tactics
- Ransomware is the most common type of attack
- Business email compromise (BEC) is the most costly type of attack
- Attacks via DNS and web content are becoming more of a risk
As such, small and midsize businesses should focus on preventing these types of attacks. Plan to limit your security approach and spending to prevention and recovery from these risks.
2. Use our CPR model as a guide
Communication and Education
Make sure your team knows how to spot an attack and what to do if they suspect an attack. They should know the risks and steps you are taking to protect your business.
Periodically sharing articles or updates may be sufficient. Subscribing to a security awareness training service is an affordable way to provide this education. Your cyber insurance policy may require this service.
Protect and Prevent
To protect your business from the greatest risks, put the following solutions in place:
- Multi-Factor Authentication (MFA)
- Encrypt data at rest, including on servers, desktops, and laptops
- Use advanced threat protection (ATP) on all email accounts for inbound messages
- Ensure your endpoint protection (local anti-virus) is a next-gen solution
- Use DNS/Web protection to prevent harmful downloads
Specific to business email compromise attacks and ensuring your legitimate emails are not flagged as dangerous, ensure your domain configuration include the following protocols and services:
- An accurate and complete Sender Policy Framework (SPF) record
- DomainKey Identified Mail (DKIM) for all sources of email (including marketing tools)
- Domain-based Message Authentication, Reporting, and Conformance (DMARC)
Respond and Recover
Even with protections in place, cyber attacks can be successful. Ensure that you can return to operations quickly, even as a full recovery may take time. Your ability to recover and respond should include:
- Backup/Recover data stored in the cloud (Microsoft 365, Google Workspace, etc.), as well as on local servers, desktops, and laptops
- Continuity services so you can run images of key servers, desktops, and laptops if they are damaged by an attack
Note that continuity services also protects you from the impact of hardware issues, theft, and other losses.
Start with an Assessment
For a limited time, our Rapid Security Assessment is free of charge. Complete a 3 minute survey and receive a detailed report benchmarking your basic security services with respect to the most common cyber attacks against small and midsize enterprises.
To learn more, please join us on May 17th at 3:00 PM ET for Streamlining Security, our May 3T@3 Webcast or schedule a no-obligation call with one of our cloud advisors.