Malware is one of the most common and deadliest data threats out there for big and small companies across every industry. On average, a malware attack can cost a business up to $2.5 million.
As a business owner, one of the most important steps to protecting yourself is knowing how much of a serious threat cyberattacks pose to your business. Many companies don’t take it seriously, making them easy targets for hackers.
But there are several ways to ensure that you stay safe during a malware attack. Here’s how.
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What is Malware?
Malware is short for malicious software. It’s a software that cyber criminals use to target companies by damaging or disabling their computer systems, stealing personal information, getting access to private networks, and leveraging your system to spam other companies.
But there’s not just one type; it can come in many forms, including:
⦁ Trojan horses
How to Protect Your Business
Securing Your Network
Network security can be put in place to protect your data and network from intrusions, breaches, and other various threats. Your system needs to have a firewall to protect and monitor your network, who accesses it, etc.
Having software like malware protection with FraudWatch can ensure your business isn’t vulnerable to unauthorized access and use, preventing dangerous malware from getting into your system.
If malware enters your system, it could result in stolen data, lost revenue, and many other disasters, which could completely destroy your company.
Employees can be your first line of defense against online threats and they can effectively combat and stop malware from infiltrating your company’s system if given the right training. Make sure your employees get regularly trained to recognize and avoid a malware attack no matter the cost.
Strong network security combined with a team of educated employees that know about the signs of an incoming attack and know how to respond to it can significantly decrease the chances of a cyber threat.
Having one or two layers of security might protect you for a little while, but it doesn’t mean you’ll be safe forever. It’s crucial to have multiple layers of security. That is why you need to have several security applications installed that can make up for the weaknesses of other software.
Start with an antivirus, anti-malware, and anti-ransomware software to protect your system from the major types of attacks. You can also outsource an IT team to manage and install or create the software you need.
Updating Systems Regularly
As the business’s owner, you need to get an outside view of your company and determine its weaknesses. One of the major reasons for cyberattacks is unpatched holes and breachable systems.
That’s why there’s no single solution for cyberattacks. Software developers have to constantly work on newer and safer applications and fix patches to terminate outdated programs which hackers can use to gain access.
Regularly updating security software and computers can tremendously help in stopping a cyberattack.
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