A data breach is one of the common issues that you need to address when it comes to running a business in the 21st century. As soon as you start building a website, purchase hosting, and represent your company, you get vulnerable to data breaches and other cyber security issues. So, what to do?
Many companies opt for dedicated server hosting to secure their site from cyber-attacks. While this is an effective way to secure your site from unwanted cyber-attacks, this isn’t the only thing that you need to do to address the challenges of cybersecurity and data privacy.
Hackers and intruders are getting more aware of the common strategies that beginner or intermediate website owner uses to prevent attacks. Thus, they are coming back with more powerful strategies to cope with their prevention. So, what to do? How to address the growing challenges of cybersecurity and data privacy?
Today’s blog shares with you the top ways to address the challenges of cybersecurity and data privacy. So, let’s get started.
Top Ways to Address Challenges of Cybersecurity & Data Privacy
The chief information security officer (CISO), chief information officer (CIO), and data privacy officers are responsible for developing and executing the organization’s data privacy and cybersecurity programs. However, many small organizations can’t afford the cost of CFOs, CIOS, and CISO.
So, how to address the challenges of cybersecurity and data privacy as a small organization? Don’t worry; even as a small organization, you can cope with the growing challenges of cybersecurity and data privacy by following the top ways discussed below.
1. Cyber Insurance
Cyber insurance continues to rise in response to the surge of ransomware incidents and other cyber threats. Cyber insurance allows you to tackle ransomware issues and cyber threats more effectively. In short, cyber insurance policies cover you up in case of unfortunate events caused by cybercriminals.
Thus, when you start experiencing growth in your company, the first thing that you need to do to address the challenges of cyber security is to obtain cyber insurance. This will help you to get financial coverage against cyber events and incidents.
2. Website Hosting
Website hosting is often neglected when it comes to coping with cyber-attacks. While this is one of the essential tools that you need to address, however, most of the time, website hosting is observed as nothing more than a medium to make your website live.
But do you know that most of the time, website hosting plays a major role in letting intruders peeking into your website? How? An unauthorized web host never provides the SSL certification nor provides you the standard website security against cyber-attacks. Therefore, it is vital for you to ensure that you prefer dedicated servers or cloud hosting to secure the data and privacy of your website.
3. Implementing Best Practices
One of the best ways to address the challenges of cyber security and data privacy is to go with best practices. When you conduct daily monitoring, tracking, and optimizing your site, you get less vulnerable to cyber threats. The top best practices that you can implement include
- Identify & Classify Sensitive Data
- Create Data Usage Policy
- Daily Scan for Vulnerabilities
- Know and Spread Awareness of Common Phishing Techniques to Employees
- Backup Data Daily
- Turn on Multi-factor Authentication
- Safe & Secure Hosting
4. Third-Party Risk Management
Third-Party risk management is a key element that helps you address challenges of cybersecurity and data privacy. You need to conduct third-party risk assessments that can help you in managing your risks effectively. The best way to manage third-party risks is to rank vendors according to different risk tiers. This will help you to manage your overall third-party strategies effectively.
However, when it comes to third-party risk management tests, ensure that you have followed all the procedures without any errors. This will help you to address the most common challenges of cybersecurity and data privacy.