NewGen IT News

Cyber Security Essentials: Protecting your SME from Modern Threats

October 15, 2024
Suraj Dholakia
2 minute read

October is Cyber Security Awareness Month – Is Your Business Protected?

 

Cybersecurity is often seen as something only large businesses need to worry about. However, with 43% of cyberattacks now targeting small and medium-sized businesses (SMEs) {*}, it’s crucial for businesses of all sizes to take security seriously. While Cyber Security Awareness Month in October highlights these issues, cybercrime is a year-round threat, not just a once-a-year concern. In this blog, we’ll share practical cyber security strategies that every SME should consider as part of their daily.

{*} Cybersecurity isn’t a priority for SMEs, Right? Change Your Strategy! | University of Salford

Why SMEs are Prime Targets for Cyberattacks

SMEs are often seen as “easy targets” by cybercriminals because they typically have fewer resources dedicated to cyber security. This doesn’t mean the damage is any less severe, though. For an SME, the financial and reputational costs of a data breach or cyberattack can be devastating.

Some of the common cyber threats facing SMEs include:

  • Phishing Attacks: These attempt to trick employees into clicking on malicious links or downloading harmful files.
  • Ransomware: Holding your data hostage until you pay a ransom can bring business operations to a halt.
  • Weak Passwords and Credentials: A lack of strong password policies can give hackers easy access to sensitive systems.
  • Lack of Regular Updates: Outdated software can have vulnerabilities that hackers can exploit.

Simple, Effective Cyber Security Tips for SMEs

Securing your business doesn’t have to be complicated or expensive. Here are five simple steps that every SME should take to strengthen their cyber security:

  1. Enable Multi-Factor Authentication (MFA)
    Don’t rely on passwords alone. MFA adds an extra layer of security by requiring users to verify their identity using two or more methods. This can significantly reduce the risk of unauthorised access.
  2. Conduct Regular Security Audits
    Regularly reviewing your IT infrastructure can help you spot and fix vulnerabilities before cybercriminals exploit them. SMEs should prioritise audits at least twice a year to stay ahead of emerging threats.
  3. Employee Cyber Security Training
    Many cyberattacks, especially phishing scams, are designed to target employees. Regular training will help your staff recognise threats and respond appropriately, reducing your risk of a breach.
  4. Back Up Critical Data
    Ransomware is a major threat, especially for SMEs. Having secure, up-to-date backups of all critical data can ensure your business doesn’t grind to a halt in the event of an attack. Test your backups regularly to ensure they work when needed.
  5. Invest in Professional Cyber Security Support
    SMEs often lack the internal resources to manage cybersecurity effectively. That’s where managed IT services, like those offered by NewGen IT, can make a real difference. We provide affordable, tailored cybersecurity solutions that fit the unique needs of small businesses.

How NewGen IT Protects SMEs

With over 10 years of experience in the SME industry, we understand the unique budget and resource constraints that SMEs face. Our team specialises in providing cost-effective, enterprise-grade cyber security solutions that are scalable and tailored to your needs. We offer:

  • Managed Firewall and Endpoint Protection
  • Security Audits and Vulnerability Assessments
  • Phishing Simulation and Employee Training Programs
  • Data Backup and Disaster Recovery Solutions

Don’t wait until it’s too late, secure your business today.

Contact NewGen IT for a free consultation and discover how we can help protect your SME from evolving cyber threats.

https://www.newgen-it.co.uk/request-a-call-back/

About NewGen IT

NewGen IT specialises in providing managed IT services and cyber security solutions for SMEs across the UK. Our mission is to make enterprise-level cybersecurity accessible to small and medium-sized businesses, keeping their data safe and their systems running smoothly.

Find out how NewGen IT Services can look after your IT needs.

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