How To Protect Your Enterprise Business In 2024

COLLABORATIVE POST

As an enterprise business in 2024, you should be doing everything possible to grow your organization. Protection of your enterprise business is key and it’s critical to prioritize because when you become ignorant, you’ll often find this is where you put your company at the most risk.

As an enterprise business, you have 100% of the liability which means you should be doing everything possible in order to keep your company safe from harm’s way.

To do this, there are a number of tips that will help protect it. With that being said, here are several to get you started. This isn’t limited to what you can do when it comes to protecting your business but it’s a good place to begin.

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Don’t assume your staff knows everything

It’s important that you don’t assume your staff know everything. This is particularly the case when it comes to the online domain. Your staff might be knowledgable to a certain extent but you may find that those you thought knew their stuff, don’t actually have as much experience or know-how.

This is often down to age too. Even those who are young and have grown up with the internet, might not know everything there is to know about it. Therefore, it’s a good idea to funnel some money into staff training.

This type of investment into your staff can go far and it’s something that can make a real difference to your staff’s confidence when it comes to their own responsibilities for business security.

As an enterprise business, the risk is often greater, which is why it’s even more important to do what you can to keep it protected from the inside out. Look at which staff members might need your support when it comes to training and look at the budget you can deliver to roll out this training as and when it’s needed.

Passwords are still important

While there are more security measures when it comes to your accounts, passwords are still at the forefront when securing your valuable information.

It’s a good idea to ensure your passwords are always strong. This means using a different password for each and every login. That can be challenging, especially when these passwords are required to contain a variety of numbers, uppercase, and lowercase letters.

The better your passwords are, the more secure your enterprise will be. A lot of enterprise businesses nowadays will use password software that captures the creation of passwords. It will then automatically save and enter them in each time you go to log in.

This is great for those who forget their passwords on a regular basis and have to go through the effort of resetting the password each time.

Put in two-factor authentication

Aside from passwords, another strong security measure to take advantage of is two-factor authentication.

Two-factor authentication is great for helping secure your accounts further. It’s an additional layer of security that makes your accounts more impenetrable. As an enterprise business where the risk of failure causes more of a fallout, it’s best to have this type of security in place.

This level of security works by requiring a code or prompt from another device to enable the individual to log in to the account. It means that although a password might have been entered successfully, in order to get into the account, they’ll need an additional code or specific device.

This is great for protecting accounts and is definitely worth implementing as a business across your entire workforce.

Brush up on your knowledge of data security

Data security is a big one when it comes to businesses. For an enterprise business, being aware of data security and what methods are being used to improve it is essential.

For example, DSPM is a security solution that helps enterprises to discover any data that’s structured or unstructured, scan it, and then acquire critical information about it. You should read how DSPM works and utilize this for your own enterprise this year.

Knowledge of this and other data security measures is useful to have. The more knowledge you possess, the more secure you can keep your data. Many businesses have already fallen victim to data theft. Some businesses unfortunately haven’t been able to recover from the loss of data theft or damage that ends up causing financial and reputational problems.

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Be aware of cyber criminals and their methods

Talking of data security, it’s good to be aware of cyber criminals and their methods. As the internet grows, so too does the number of cyber criminals and their activities online.

For enterprise businesses, risks are present in all facets of the organization. When your business operates online, there is a degree of danger that comes from cyber criminals. It’s therefore important to be aware of what method they’re using currently to secure more victims.

The victims themselves are often caught in a vulnerable situation or in a moment where their guard might be down. From phishing scams via work emails to viruses via certain links on websites.

Cybercriminals are finding more ways to claim victims, so it’s good to brush up on your knowledge. Every team member or person who operates on the internet, on behalf of the business, should also be proactive in protecting the business online.

Have an emergency fund for rainy days or months ahead

An emergency fund is useful to have, especially when it comes to rainy days - or months that might be ahead.

Having an emergency fund should be something that you should have in place from the very beginning. From here, you can gradually build up the fund more and more. An emergency fund is something you hope to never utilize but can be a business-saving financial injection.

For example, when COVID-19 hit, a lot of companies had to rely on the surplus funds they had in order to simply survive this period in time. You never know when a rainy day or month might hit your business, especially when it comes to things that are completely out of your control.

Make sure to utilize these emergency funds when needed. At the same time, always look to put away these funds on a regular basis so that you’ve got enough if ever the time is needed.

Get in the experts to improve your security levels

Improving your security as a business often requires the services of experts. Protecting your enterprise business is easy enough when you have the right support and guidance.

Getting professionals who know everything needed to protect your business online and offline is key. Consider getting an IT company in for your online security and to strengthen your servers, as well as putting in extra security measures like encryption and data backups.

For in-person security, you might want to explore a range of different services that are available to keep you and your workforce safe.

Physical security is just as important as digital security

Physical security is just as important as digital security. If you’re not protecting your physical property, then there’s also a risk of damage or financial loss. Installing CCTV is a great suggestion for most businesses in this modern day. It’s a lot more affordable and a cheaper option than having someone on-site 24/7.

Security guards might be useful as well as installing security barriers to the entries and exits of the building.

If you’re looking to protect your enterprise business in 2024, use these tips to get started.

— End of collaborative post —