How To Scale Your Cybersecurity Strategy For Business Growth

How To Scale Your Cybersecurity Strategy For Business Growth

Cybersecurity is essential for every business that has pushed operations online. You've got to provide a secure online environment for your customers and employees. A robust cybersecurity strategy for your business helps you protect your customers' private information from access by unauthorized individuals. In addition, it helps you with online operations. For instance, if you have an online shop, you have to prove to your customers that as they give their financial details online, no one can intercept them.

Moreover, it’d help if you also strategized on how you can let your cybersecurity protocols grow to accommodate your business growth. Some cybersecurity strategies you might have in place were good enough as you started your business. However, as your business has grown, you need to leverage expanded measures to fit your business growth. In addition, cybercriminals and hackers have innovated new attacks. Thus, you've got to embrace the latest technology to boost your cybersecurity strength.

To ensure that your cybersecurity measures accommodate your business growth, here are cybersecurity strategies to implement:

  1. Institute The Right Measures

In the last decade, cybersecurity attacks have increased at an alarming rate. Some of the common attacks used by cybercriminals include ransomware, malware, spam, distributed denial of service (DDoS) attacks, corporate account takeover (CATO), phishing, and automated teller machine (ATM) cash out. Therefore, as you plan your business growth, remember to secure your business from the listed attacks. And it's only possible by taking the proper measures.

Appropriate measures for combating cybersecurity attacks include purchasing the right equipment and software. Some tools that you may consider in your business include penetration testing, PKI services, attack service management tools, firewall, network security monitoring tools, antivirus software, and web vulnerability scanning tools.

Furthermore, you can leverage automation that ensures you get real-time surveillance and reporting of any breaches in cybersecurity. Once you've put in place the proper cybersecurity measures, you can go ahead to ensure they're well optimized for scalability, especially for a fast-growing business.

  1. Benchmark Your Security

One sure way to know that you're in the right direction to achieve a robust cybersecurity strategy is to measure it. And to do this, you can leverage industry standards to help you put in your controls and identify possible threats related to your business. Ideally, some industry standards are very comprehensive. Some of the standards might be directly applicable to your business while others might not.

Another way of benchmarking your cybersecurity processes is by watching what your competitors in the industry are doing. You can identify some of the best-performing businesses in your industry and research how they streamline their cybersecurity operations. It's essential for startups so you can have a head start and formulate a pathway for your cybersecurity roadmap. Knowing what your competitors are doing helps you see the industry's tricks and ensure you've got a formidable competitive advantage.

  1. Have Company-Wide Cybersecurity Culture

Many businesses fail to understand cybersecurity is a collective work among all the employees in your company. As a result, it shouldn't be left to the IT department alone. Thus, invest in having a company-wide sensitization by conducting training programs. In that light, train your workers on how to handle cyber threats. In addition, teach them how to surf the internet safely because internet attackers take advantage of unsuspecting employees to affect their malware and ransomware attacks.

Furthermore, you can teach your staff how to use security protocols established in your business. For instance, it's essential to train your employees on using antivirus and how to update it. Moreover, it’d help if you taught them how to use the firewall and the virtual private network (VPN) in your business.

For the professional tasks of securing your business, invest in employing experts to manage your network. Moreover, you can sponsor some of your IT experts to study specific fundamental courses for keeping your business safe online. Though this venture might be expensive, it's worth doing because cybersecurity attacks might be highly disastrous. It might cost your business hundreds or thousands of dollars.

  1. Try Managed Services

Cybersecurity is usually an expensive investment. As a result, it can be staggering if you have a small business or a startup. The equipment and software for keeping your business secure online can be a tall order for most companies. If this scenario describes you, worry no more because there’s a solution for you. You can choose to partner with IT-managed service companies. Managed services are an excellent option for businesses with a limited budget compared to their competitors who might have modern technology in cybersecurity.

The advantage of partnering with a managed IT service provider is that they invest heavily in cutting-edge cybersecurity technology. In addition, you can receive tailored services that are expandable to accommodate your business growth in the future. Therefore, as your business grows, your third-party service provider scales up the technology to accommodate the increase of your business.

Moreover, managed service providers are always at the forefront of knowing the latest cybersecurity attacks. Thus, they can keep your business well protected as you concentrate on other business matters. Such a plan helps your company improve productivity.

  1. Perform Cybersecurity Audits

A cybersecurity audit is essential in keeping your business safe 24/7. It involves a thorough analysis and review of your business's IT infrastructure. Also, it detects possible threats and vulnerabilities, glaring weak links, or high-risk business practices. In addition, cybersecurity audits can be used to examine compliance.

Moreover, security audits are used to test if your business's IT adheres to the prescribed internal and external data security regulations such as your company's IT policies, security controls, and procedures. Auditing your cybersecurity procedures ensures that the growth of your business remains strictly within the set policies.

  1. Have A Proper Documentation 

Every significant project needs to be documented. Spell out your cybersecurity plans, procedures, policies, risk management, and guidelines in your documentation. In addition, attach your strategic IT plan to your documentation. Documentation guarantees a reference point where you can see the milestones you've walked in keeping your cybersecurity protocols top-notch.  

Final Thoughts

A robust cybersecurity strategy helps your business be safe while working in cyberspace. As your business grows, you need to ensure that your cybersecurity measures grow to accommodate your growth. In that light, implement the proper cybersecurity measures, have regular cybersecurity audits, and have a business cybersecurity culture. Finally, try out managed cybersecurity services, benchmark your security, and document every cybersecurity process.

May 19, 2022
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