10 Common Cybersecurity Misconceptions for Small and Medium Businesses

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10 Common Cybersecurity Misconceptions for Small and Medium Businesses

Employees empowered with resources and knowledge to protect your organization from cyber threats is one of the best lines of defense you can have. Part of that training should involve breaking down common cybersecurity misconceptions.

Here are 10 Common Cybersecurity Misconceptions

1. My data (or the data I have access to) isn't valuable.

All data is valuable. Do an assessment of the data you create, collect, store, access, transmit and then classify all the data by level of sensitivity so you can take steps to protect it appropriately.

2. Cybersecurity is a technology issue.

Cybersecurity is best approached with a mix of employee training, clear, accepted policies and procedures and implementation of current technologies. It's important to educate every employee on their responsibility for protecting sensitive information.

3. Cybersecurity requires a huge financial investment.

Many efforts to protect your data require little financial investment. Create and implement cybersecurity policies and procedures, restrict administrative and access privileges, enable multi-factor authentication and train employees to spot malicious emails.

4. Outsourcing to a vendor washes your hands of liability during a cyber incident.

You have the legal and ethical responsibility to protect sensitive data. Put data sharing agreements in place with vendors and have a trusted lawyer review.

5. Cyber breaches are covered by general liability insurance.

Many standard insurance policies do not cover cyber incidents or data breaches. Speak with your insurance representative to understand your coverage and what type of policy would best fit your organization's needs.

6. Cyberattacks always come from external actors.

Cyberattacks do not always come from external actors. Identify potential cybersecurity incidents that can come from within the organization and develop strategies to minimize those threats.

7. Younger people are better at cybersecurity than others.

Age is not directly correlated to better cybersecurity practices. Before giving someone responsibility to manage your social media, website and network etc., train them on your expectations of use and cybersecurity best practices.

8. Compliance with industry standards is sufficient for a security strategy.

Simply complying with industry standards does not equate to a robust cybersecurity strategy for an organization. Use a robust framework, such as the NIST Cybersecurity Framework, to manage cybersecurity risk.

9. Digital and physical security are separate things altogether.

Do not discount the importance of physical security. Develop strategies and policies to prevent unauthorized physical access to sensitive information and assets (e.g. control who can access certain areas in the office.)

10. New software and devices are secure when I buy them.

Just because something is new, does not mean it is secure. Ensure devices are operating with the most current software, change the manufacturer's default password to a unique, secure passphrase and configure privacy settings prior to use.

Educating and training employees is essential when it comes to cybersecurity.

As a full suite IT and cybersecurity firm, Restech can help with your business technology and cybersecurity needs, including awareness training. Contact us today to learn more.

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Source: National Cyber Security Alliance and the U.S. Cybersecurity & Infrastructure Security Agency

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