General Business Tips – As cybercrime continues to grow, learning the proper cyber security methods is becoming increasingly important. Many businesses use the Internet to store personal information. Small businesses often suffer because they don’t have the funds or resources to implement great cybersecurity. Check out these great cybersecurity tips for small businesses to help protect you and your employees. Looking for ways to protect your personal and business information? Contact the experts today for more information!
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General Business Tips
Small businesses are at greater risk of cybercrime – but why? Small businesses are easy sources of personal information such as credit card numbers. They are often easier to access due to older computers and software. Small business owners and employees also often lack cybersecurity training and can make risky mistakes.
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Small businesses can use weak passwords or forget to keep track of them or don’t know how to follow good Internet security practices – because proper training can be overlooked. Small businesses don’t have the same resources as larger businesses. Cybersecurity is often put on hold until more funding is available. Even if small business owners want the extra security, it is sometimes difficult or impossible to achieve the same level of security as a larger business due to tighter budgets. Click here to learn more about data theft and cybersecurity for small businesses!
Did you know that worldwide ransomware damage costs are expected to exceed $5 billion by the end of 2017? Many may not realize the global impact of ransomware and other cybercrimes, but costs continue to rise – and many businesses continue to lose money. In 2011, 40% of cybercrime attacks were against small and medium-sized businesses. In May 2017, The Financial Post reported that cyber attacks on Canadian companies were also on the rise. In Canada, fraud is the most common form of cybercrime reported by Statistics Canada in 2012. Because of this alarming statistic, keeping your small business secure is more important than ever.
No matter how you decide to back up your data, always remember to do it! You can store your data in the cloud or send it to a document management facility. Backing up your data will save you a serious headache in the event of a security breach.
What should you back up? CompuData recommends that small business owners back up word processing documents, all spreadsheets, HR documents and files, databases, and any other documents that contain important data. Click here to learn more about how n helps keep your important documents safe and secure!
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Unfortunately, employees are often responsible for cyber attacks on their companies. This is usually due to a lack of training and understanding of cyber security. For example, according to the Optus Business Insights blog, security managers found that employees share personal passwords with colleagues 43% of the time and log into unsecured Wi-Fi networks 53% of the time.
The first step to securing your business is to get all of your employees on board with better cybersecurity practices. There are many ways you can implement these practices in your workplace. You can opt for one-day training sessions or encourage employees to change their passwords every few months. You can put up posters as reminders or even create a cybersecurity policy that employees must follow.
All of these methods may seem redundant at first, but instilling a great security mindset can help prevent your company from becoming another cybercrime statistic.
A strong password can make the difference between a hacked computer and a safe company. Passwords are a big deal. Using a simple password leaves your valuable company and employee information vulnerable. Managers should encourage all employees to use strong passwords and to change them frequently.
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If you feel that creating long and complex passwords could be doing your employees more harm than good, consider using password management software, as described in Information Security Buzz. Business owners can easily install a password manager that not only creates strong and secure passwords for you, but also remembers them. However, putting all your passwords in one database can leave you vulnerable. It is important to consider all the pros and cons of each method and make sure you choose a safe and reliable password management software
An antivirus program from 2007 is unlikely to fully protect and protect your computer today! It is important that you use an up-to-date anti-virus program on all of your company’s computers.
It is also good practice to run your anti-virus program on all company computers at regular intervals. It is also important to keep other software up to date. Updating your browser and operating system can also help protect against malware and viruses. Be sure to run an antivirus after each update to be safe.
According to the Federal Communications Commission (FCC), it is important to ensure that WiFi networks are not only secure, but also encrypted and hidden. You should also ensure that WiFi passwords are only given to those who absolutely need them, other than your employees. Remind employees of the potential dangers of sharing passwords in an office environment and ensure that everyone in the workplace is properly trained in password protection.
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If you’re thinking about starting a business, you probably already have an idea of what you want to sell online, or at least the market you want to enter. Quickly search for existing companies in your chosen industry. Find out what current brand leaders are doing and determine how you can do it better. If you think your business can provide something that other companies can’t (or provide the same thing, just faster and cheaper), you have a solid idea and you’re ready to create a business plan.
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“In the words of Simon Sinek, ‘Always start with why,'” Glen Gutek, CEO of Avaka Consulting and Coaching, told Business News Daily. “It’s good to know why you’re starting your business.” In this process, it may be wise to distinguish between why the business serves a personal purpose or why it serves the market. When your why is focused on meeting a market need, your business volume will always be greater than a business designed to meet individual needs.”
Another option is to open a franchise of an established company. The concept, brand following and business model are already established; All you need is a good location and funds to finance your operation.
Regardless of the option you choose, it’s important to understand the reasoning behind your idea. Stephanie Desaulniers, owner of Business bi Design and former director of operations and women’s business programs at the Covation Center, cautions entrepreneurs against writing a business plan or thinking about a business name before identifying the value of the idea.
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Often, says Desaulniers, people jump into starting their business without spending time thinking about who their customers will be and why those customers will want to buy from them or hire them.
“You need to articulate why you want to work with these clients—do you have a passion for making people’s lives easier?” Desaulniers Dr. “Or do you enjoy creating art to bring color to their world?” Identifying these answers helps clarify your mission. Third, you want to define how you are going to deliver this value to your customers and how to communicate that value in a way that they will be willing to pay for.”
In the concept stage, you need to iron out the main details. If the idea isn’t something you’re passionate about, or if there isn’t a market for your creation, it may be time to consider other ideas.
Once you have your idea, you need to ask yourself a few important questions: What is the purpose of your business? Who do you sell to? What
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