A data breach is moving secure or private information into an untrusted environment. It could be intentional or unintentional. For example, it could be a for-profit hacker or an employee leaking sensitive information. It could be anything from releasing personal records such as credit card information to leaked internal company emails.
When it comes to understanding the threats, there are a few common vulnerabilities malicious criminals like to focus on:
Because data breaches take many forms and can happen in many ways, you need to be on your guard. This means building a variety of different strategies to protect yourself.
How can you reduce the risk of this happening to your company? Below are seven proven ways to prevent cyber security breaches from occurring at your company.
Most data breaches aren't the result of a dedicated hacker brute-forcing their way past your best defences. Instead, about 88% of breaches are due to human errors. All it takes is a single successful phishing email or social engineering ploy to access your entire system.
So one of the most important things you can do is train your employees on best practices for data security.
Passwords have a limited ability to protect your data and systems. Even when implemented correctly, passwords are limited in helping prevent unauthorised access. If attackers discover or guess the password, they can impersonate a user. And every new password has an associated burden on the person using it.
Having said this, you should still set rules that govern password creation to help prevent sensitive data from being stolen. You can do this by creating an effective Password policy; some best practices include:
In addition to setting password policies, you can lock user accounts after a certain number of incorrect login attempts. This can be a soft lockout, where the account will be re-enabled after a specified period. Or, it can be a hard lockout that requires the manual intervention of an administrator to re-enable user accounts.
BYOD (Bring Your Own Device) allows employees to use their personal mobiles, tablets and laptops for work. While this opens up money-saving and productivity opportunities, it also increases risk:
A good BYOD policy will create a robust set of rules and regulations for staff to follow.
As I've already mentioned, turning on Multi-factor authentication (MFA) adds a layer of protection to the sign-in process. Users must provide additional identity verification when accessing accounts or apps, such as scanning and entering a code received by phone.
Implementing MFA across all users, applications, VPN, server login, and privilege elevation helps protect against unauthorised access, data breaches and password-based cyber-attacks.
Encryption is a difficult concept to grasp, but it's necessary to protect your business's sensitive data. At a basic level, encryption is the process of scrambling text (called ciphertext) to render it unreadable to unauthorised users. You can encrypt individual files, folders, files stored in the cloud and more.
Strong encryption is built into modern Windows and OS X operating system versions. It's also available for some Linux distributions.
There isn't a top-to-bottom data security strategy you can design to protect you against all threats permanently. That's because everything is constantly changing. You're hiring new people; your organisation is growing; you're handling new and different data types and using new systems.
As a result, old best practices become obsolete. And most importantly, hackers and cybercriminals continue finding new techniques to exploit vulnerable systems.
If you want to prevent data breaches, you'll need to audit and revaluate your technology and your efforts regularly.
Are there new security practices you need to be following? Does your technology need updating? Have your employees drifted from specific protocols? Audit your processes and infrastructure regularly.
Data breaches can be expensive, time-consuming, and have a permanent mark on your company's reputation. But the vast majority of data breaches can be avoided. If you work proactively and train your team well, you have the best chance of preventing most data breaches. You'll also set yourself up for a better defence if you experience one.
My advice depends on your internal IT setup, knowledge, skills and preparation.
If you have no internal IT team, the worst thing you can do is try and deal with the incident yourself. You need to call the experts if you want your business to stand a chance.
Get in touch with a cybersecurity company that specialises in incident response. While this may sound like an expensive path to take, you risk losing your business altogether if you don't. Not to mention all the other costs that come with a breach.
You should be okay if your business has an internal team with a robust incident response plan. However, I suggest calling an expert if your team doesn't have a plan. After a data breach, you can mitigate the damage by acting quickly, containing the breach and beginning the recovery process. However, your team's lack of preparation could cause reputable damage.