The fines, clean-up costs, legal fees, lawsuits, and even ransomware payouts associated with a data beach add up to a lot of money. The 2018 Ponemon Cost of Data Breach study found the average cost of a data breach to be right around $3.9 million, an increase of 6.4 percent over the previous year. While the cost for each stolen record came in at $148, an increase of 4.8 percent over the previous year. According to the same study, your chances of experiencing a data breach are as high as one in four.
Doesn’t it make sense to be proactive about data security and avoid a breach in the first place? If you answered yes, and we hope you did, here are some best practices to help keep your business and your data secure.
Practice data segmentation. On a flat data network, cybercriminals are free to move around your network and steal every byte of valuable data. By putting data segmentation into place, you slow criminals down, buying extra time during an attack, and limiting compromised data. Data segmentation also helps with our next tip.
Enforce the principle of least privilege (PolP). PolP means each user account only has enough access to do its job and nothing more. If one user account is compromised, cybercriminals won’t have access to your entire network.
Invest in a good cybersecurity program. If you have the misfortune of clicking a malicious link or opening a bad attachment, a good cybersecurity program will be able to detect the threat, stop the download, and prevent malware from getting onto your network. Malwarebytes, for example, has protection products for business users just like you.
Doesn’t it make sense to be proactive about data security and avoid a breach in the first place? If you answered yes, and we hope you did, here are some best practices to help keep your business and your data secure.
Practice data segmentation. On a flat data network, cybercriminals are free to move around your network and steal every byte of valuable data. By putting data segmentation into place, you slow criminals down, buying extra time during an attack, and limiting compromised data. Data segmentation also helps with our next tip.
Enforce the principle of least privilege (PolP). PolP means each user account only has enough access to do its job and nothing more. If one user account is compromised, cybercriminals won’t have access to your entire network.
Invest in a good cybersecurity program. If you have the misfortune of clicking a malicious link or opening a bad attachment, a good cybersecurity program will be able to detect the threat, stop the download, and prevent malware from getting onto your network. Malwarebytes, for example, has protection products for business users just like you.