Getting a new business off the ground is a large task for entrepreneurs and with so many aspects to consider, a new business cyber security strategy is not often at the top of the list.  However, due to the fact that cyber attacks are so prevalent within business now, it is worth putting at least the basics of a new business cyber security strategy in place when getting started.

Many new businesses need technology services such as e-commerce systems and payment gateways and may also need to carry out research on unknown websites or make new contacts via email.  All of these methods can create vulnerable situations where corrupted data can be accessed or their own contact information be compromised through their digital devices.  With this in mind, this month we have put together a list of best practice ideas to protect digital devices, payment gateways, online storage, smartphone and tablets, computers and servers, to put your new business cyber security strategy on the right track.

  1. Update your WIFI password from the default option when your new network services are installed.
  2. Install Anti-Virus and Firewall software to all devices which will connect to your network and ensure that you run a virus check on all of equipment.
  3. Install Malware Software and run a check on computers to eliminate any malware.
  4. Ensure that any company websites that you are accessing are secure and don’t pass over any personal details through online forms, if they do not display the valid certificate padlock icon. Equally, consider securing your own company website, especially if you need to capture customer information.
  5. On setting up your own e-commerce solution it is vital that you connect your website to an authorised payment gateway such as PayPal, worldpay or seccpay which will manage transactions and personal payment details.
  6. Backup computers and data to a secure cloud service.
  7. Encrypt files which contain personal details such as name, address and email address before circulating.
  8. Ensure that your automatic computer updates are switched on so that computers can regularly update according to new manufacturer releases.
  9. Password protect all computers and devices. Update passwords quarterly and if you become the victim of a cyber attack to prevent any further access.
  10. Report any emails or strange internet behavior to an IT specialist or network provider, who will be able to determine if there is a problem and make an informed decision as to what to do next. Never click on an email which is asking for bank details or for you to login.  You can check if an email is authentic by looking at the ‘from’ email address and also by rolling your mouse over any links to see if the link addresses match the company name.

To find out more about implementing a new business cyber security strategy, please contact our cyber security insurance team at Crendon Insurance Ltd.  We are on hand to assist new and developed companies with a cyber security insurance and technology insurance programme which will assess risk to meet the IT requirements of the business.

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