Small and midsize businesses (SMBs) are increasingly targeted by cybercriminals. While you might think you're too small to be a target, the reality is that SMBs often have valuable data without the robust security measures of larger enterprises. Protecting your business doesn't require an enterprise-level budget, but it does require a proactive approach.

At Scardina Consulting, we help SMBs implement practical and effective cybersecurity strategies. Here are 7 cyber essentials every small or midsize business should prioritize:

1. Strong Password Policies & Multi-Factor Authentication (MFA)

Weak or stolen passwords are a leading cause of data breaches. Enforce strong, unique passwords for all accounts and, most importantly, enable MFA wherever possible. MFA adds a critical layer of security by requiring a second form of verification beyond just a password.

• Use a password manager to generate and store complex passwords.
• Implement MFA for email, financial accounts, cloud services, and critical systems.
• Educate employees on creating strong passwords and recognizing phishing attempts related to credential theft.

2. Regular Software Updates & Patch Management

Outdated software is a prime target for attackers. Cybercriminals exploit known vulnerabilities in unpatched software to gain access to systems.

• Enable automatic updates for operating systems, browsers, and applications.
• Establish a process for regularly checking and applying security patches for all software and hardware.
• Pay special attention to third-party plugins and libraries used in your website or applications.

3. Endpoint Security & Antivirus Software

Every device (laptops, desktops, mobile phones) connected to your network is an endpoint and a potential entry point for threats.

• Install reputable antivirus and anti-malware software on all endpoints.
• Keep endpoint security software updated with the latest threat definitions.
• Consider Endpoint Detection and Response (EDR) solutions for more advanced threat detection and response capabilities.

4. Data Backup & Recovery Plan

In the event of a ransomware attack, hardware failure, or natural disaster, having reliable data backups is crucial for business continuity.

• Regularly back up critical business data to a secure, offsite location (cloud or physical).
• Follow the 3-2-1 backup rule: three copies of your data, on two different media, with one copy offsite.
• Test your backup and recovery process regularly to ensure it works when needed.

5. Employee Cybersecurity Awareness Training

Your employees are your first line of defense, but they can also be your weakest link if not properly trained.

• Conduct regular cybersecurity awareness training covering phishing, social engineering, safe browsing habits, and data handling policies.
• Simulate phishing attacks to test employee awareness and reinforce training.
• Foster a culture of security where employees feel comfortable reporting suspicious activity.

6. Network Security & Firewalls

Secure your network perimeter to prevent unauthorized access and monitor traffic for malicious activity.

• Use a robust firewall to control incoming and outgoing network traffic.
• Secure your Wi-Fi network with strong encryption (WPA2/WPA3) and a complex password.
• Segment your network if possible, to isolate critical systems from general user access.

7. Basic Incident Response Plan

Despite your best efforts, a security incident may still occur. Having a plan in place can minimize damage and speed up recovery.

• Define key roles and responsibilities for incident response.
• Outline steps for identifying, containing, eradicating, and recovering from an incident.
• Include contact information for key internal personnel, external IT support, and potentially legal counsel or cyber insurance providers.

Partner with Experts

Implementing these essentials can seem daunting, especially for SMBs with limited IT resources. Scardina Consulting offers tailored solutions, including Virtual CISO (vCISO) services, risk assessments, and security program development, to help you build a resilient defense without breaking the bank.

Protecting your business is an ongoing process, not a one-time fix. By focusing on these cyber essentials, you can significantly reduce your risk and build a stronger security foundation. Contact us for a consultation to discuss your specific needs.