Protecting your company data online: Essential strategies for security

26th June 2023

Data is the lifeblood of any organization, and its security is vital for maintaining a competitive edge, preserving customer trust, and adhering to regulatory requirements. 

Breaches and unauthorized access to company data can result in severe financial and reputational damage. Consequently, it is crucial for businesses of all sizes to adopt robust security measures to safeguard their valuable assets.

Secure network infrastructure and use data encryption

A highly effective tool that can help fortify your company’s data defenses is a VPN. 

Its primary function is to encrypt the user’s internet traffic and route it through remote servers, effectively masking their IP addresses and making it virtually impossible for unauthorized parties to intercept or monitor their online activities. For instance, ExpressVPN has an easy-to-use interface and suggests servers based on the user’s location and network infrastructure, so it’s an excellent option for users that are not tech-savvy.  

Furthermore, ensure your company’s network infrastructure is secure by implementing robust firewalls, intrusion detection systems (IDS), and intrusion prevention systems (IPS). 

Regularly update and patch all software and hardware to address any known vulnerabilities. Segment your network to limit access to sensitive data and establish access controls based on user roles and responsibilities.

Similarly, encrypting company data is crucial to protect it from unauthorized access. Implement encryption mechanisms for sensitive data both in transit and at rest. 

Secure Sockets Layer (SSL) or Transport Layer Security (TLS) protocols should be utilized for encrypting data during transmission, especially when accessing data remotely or using cloud-based services. 

For data storage, consider using strong encryption algorithms to protect sensitive information stored on servers or in the cloud.

Strong password policies and phishing education

One of the simplest yet often overlooked steps in data protection is enforcing strong password policies. Encourage your employees to create unique, complex passwords that combine uppercase and lowercase letters, numbers, and special characters. even better option is to use a password manager. 

Regularly remind them to avoid reusing passwords across multiple accounts and to update their passwords periodically. Consider implementing multi-factor authentication (MFA) as an extra layer of security for accessing sensitive data. Even better option is using a password manager. 1Password is a trusted digital vault that stores users’ credentials and suggests reliable passwords for all accounts. 

Also, phishing attacks continue to be a significant threat to company data. Train your employees to recognize and report suspicious emails, links, or attachments. 

Emphasize the importance of verifying the authenticity of emails before clicking on any links or providing sensitive information. Regular awareness programs and simulated phishing exercises can help reinforce safe browsing habits among your team members.

Back up data regularly and control user access

Regularly backing up company data is essential to mitigate the risk of data loss due to system failures, natural disasters, or cyberattacks. 

Implement automated online backup solutions that store data securely in off-site locations or in the cloud. Test your backup and recovery processes periodically to ensure data integrity and reliability.

Implement strict user access controls to limit data exposure and prevent unauthorized access. 

Grant access privileges on a need-to-know basis, and regularly review and revoke unnecessary access rights. Implement user authentication protocols and enforce password complexity requirements. 

Consider implementing a privileged access management (PAM) solution to closely monitor and control administrative access.

Invest in endpoint security and conduct regular security audits

Endpoints such as laptops, desktops, and mobile devices are often the targets of cyberattacks. Ensure the deployment of comprehensive endpoint security solutions that encompass antivirus software as well as intrusion detection and prevention systems.

Regularly update endpoint security software to ensure protection against the latest threats. Implement mobile device management (MDM) solutions to secure company data on employees’ mobile devices and enforce security policies.

In addition, conduct periodic comprehensive security audits to identify vulnerabilities and areas for improvement.

Engage external security experts to assess your company’s security posture, perform penetration testing, and provide recommendations for enhancing your data protection measures. Regular audits help you stay ahead of emerging threats and ensure compliance with industry regulations.

Protecting your company’s data online is a multifaceted task that requires a proactive and comprehensive approach.With the constant threats of cyberattacks, data breaches, and information theft, businesses must take proactive measures to ensure the security and privacy of their valuable information.

Remember, data protection is an ongoing process, and staying vigilant and up-to-date with the latest security practices is vital to safeguarding your company’s digital assets in today’s ever-evolving threat landscape.