When it comes to improving an organization’s IT security, it is a case of constantly adapting and putting in proactive measures to combat a range of evolving threats. Cybercrime and cyberattacks on businesses have increased in recent years. It is alarming that on a global scale, approximately 30,000 cyber attacks are targeted at websites daily. These can take various forms, including denial of service attacks, ransomware, and the release of viruses that can severely affect or stop the functioning of sites. In 2022, cybercrime will be one of the most pressing threats to the ongoing operation of any business. A successful cyberattack can result in severe financial loss for any company, along with a loss of business reputation. This article explains three key ways an organization can improve its IT security to strengthen itself against the risks posed by cybercriminals.
Raise awareness of IT security
A fundamental way the IT security of the whole organization can be improved is by raising awareness of IT security and best practices. There are several reasons why IT security training for staff is important. A workforce educated in the fundamentals of IT security is vigilant against cybercrime and may be able to spot malicious emails and other attempted attacks on behalf of cybercriminals. It is essential to ensure that IT security training is mandatory for all staff members who have access to the organization’s IT system. This training should be regularly refreshed (at least annually) to keep awareness and knowledge high and ensure that new starters receive IT security training as part of the onboarding process.
Upgrade IT security systems
It is paramount for any organization to ensure that their IT security systems are up to date and provide sufficient protection against the multitude of methods of attack that cyber criminals use. For example, adding security systems such as two factor authentication for customers setting up accounts can minimize the risk of hacking and electronic fraud on these accounts. Electronic fraud is on the rise, and the risks posed to an organization’s reputation (and the resulting financial costs) through data breaches cannot be ignored by any company. Sophisticated encryption software should be considered mandatory for any online payment gateways to ensure that the information remains secure. IT security, such as firewalls, should be regularly updated to counter new and emerging forms of cyberattack.
Conduct regular risk assessments
The organization’s IT security team should undertake regular risk assessments to identify and quantify the threats posed to an organization through cybercrime and cyberattacks. Ideally, this information should form part of a corporate risk register and be disseminated to senior management and board-level staff. By identifying a wide range of IT security risks and accurately assessing their likelihood and potential impact, the organization can take steps to manage and minimize the risks posed. Risk assessments should be regularly updated to incorporate the new and evolving methods of attack cybercriminals use so that an organization remains positioned to counter any emerging IT security risks.
