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How to Prevent Data Breach in Small Companies?

December 11, 2016
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How to Prevent Data Breach in Small Companies?

Identity theft can happen to many businesses. Small businesses are often less protected against many kinds of intrusions and it is important for new business owners to consider this fact. Because small businesses often store financial information, they can be more vulnerable compared to personal accounts. Many new small businesses still don’t have enough money for protection against data breach. It may require sophisticated techniques to deal with common digital attacks. Private information can be stolen, whether it is from small business or big corporation. Data thedt in small business is still a big problem that needs to be solved and new business owners should consider about this fact.

In many cases, it is not possible for business owners to retrieve their financial losses due to data loss. So, it is important for organizations to have more advanced fraud protection. There should also be much shorter reporting time, so any kind of attack can be quickly anticipated. We should know that business and personal information can be tied together closely. Data breach may also impact our business severely in a more distributed way. It means that not only small businesses themselves are compromised, customers, vendors, suppliers and other stakeholders can also be affected. As an example, personal data of customers can be stolen by hackers, causing them to lose financially.

If cases of data theft seems to increase, small businesses may need to designate a person who monitors any possible way of attacking the business. Credit balances and bank accounts should be monitored almost each hour. Any unauthorized financial movements can detected much quickly this way. The bank can be contacted immediately if financial problem occurs. Any illegal money transactions can be blocked to prevent further financial losses. Investigations can be performed much more effectively if illegal transactions are detected within hours. Designated employees should be properly trained and strict rules should be enforced to prevent data loss.

There are things that we should do, such as implementing email alerts. Automated software can detect early attempts of hacking. . Messages can be sent to computers, Any illegal changes and interactions can be detected by the software. Email can notify us about this occurrences. Messages can be sent to smartphones, tablets and computers. Quick alert and responses can be very important. We should be ready to create annual reports and things should be renewed in a timely manner. Many of the attacks can be prevented through these simple steps. Data theft is often preceded by typical hacking attacks to gain access to database and other data storage platforms.

It is true that security risks can be quite difficult to deal with. Any minor negligence could turn into huge financial losses and infrastructure damages. Security professionals should be able to advise us on choosing the right kind of equipment. This is a challenge for any kind of business, large or small. Anything important should be implemented, so we will be safeguarded against any kind of data breach.

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