Budget management is a very serious topic for new businesses. When every penny matters, it’s common to cut out on a few things. Some new entrepreneurs decide they can put off cybersecurity for a while. It’s a mistake many learn first-hand.
A common misconception is that cybercriminals don’t target new businesses, as the possible cash grab is not worth the risk. In reality, hackers target small businesses three times more than large companies. About 60% of small companies go out of business after a successful data breach.
It would be a mistake to leave your business open to cyber threats. Furthermore, it doesn’t have to be costly. Of course, the best cybersecurity software is expensive. But you can use more affordable alternatives until you can upgrade.
Here are five essential security tools for new entrepreneurs:
1. A Strong Firewall
A reliable firewall is a vital part of any business’s security. It will monitor outgoing and incoming traffic, looking for malicious elements. Alongside Anti-Virus, a firewall forms a robust cybersecurity package. If cybercriminals attempt to infiltrate your network, the firewall is the first line of defence.
2. Professional Anti-Virus
Anti-Virus is the most used cybersecurity software. First, Anti-Viruses came to light more than thirty years ago. Over time, they were improved with tons of valuable features.
Primarily, Anti-Virus scans storage devices for potential threats. If it identifies any, it will isolate them and provide solutions. But over time, Anti-Virus included online protection. They can monitor emails, messaging apps, and other incoming traffic for malicious elements. There are tons of Anti-Virus service providers to choose from. Look for the most affordable one with the most features you need.
3. Virtual Private Network
Virtual Private Networks are widespread in contemporary business security toolkits. Firstly, VPNs guarantee safe remote access to companies’ intranets. Because of the Covid-19 pandemic, many people started working from home. The demand for VPNs skyrocketed because they protect home network Internet connection. If you have remote workers or BYOD policies, ensure your employees use a VPN.
VPNs provide additional benefits for new entrepreneurs. They offer IP addresses in numerous countries all across the globe. You can use it to your advantage to check local markets if you plan on expanding. Local IPs are also great for SEO tracking and getting local Google SERP results.
For compatibility with Google Chrome, look for the best VPN for Chrome that will have an extension suitable for this browser. It will allow you to change your IP address with a single click. Masking your original IP also strengthens online privacy protection.
4. Staff Education
It would help to consider cybersecurity training as part of your security tools. Cybercriminals frequently target unsuspecting employees. Studies reveal that employees with no cybersecurity training are likelier to click on a Phishing link.
Phishing attacks are getting better. If you invest in cybersecurity training, your staff will be able to identify Phishing attempts. Moreover, they will learn about proper password
management and safe Internet browsing habits. The Internet is filled with malware and viruses. Knowing how to avoid them is essential to prevent unnecessary risks.
5. Password Management Tools
It would be best to protect all sensitive business operations with a secure password. To avoid using basic passwords, invest in a password manager. It will allow you to create as many long and complex passwords as you require. What’s more, it will store them in an encrypted vault.
Don’t forget to turn in multi-factor authentication (MFA) where it’s available. It’s essential to instruct your employees also to use it. MFA will grant access to critical data only after additional identity verification. For example, it will send an SMS message with a code or an email. Then, hacking smartphones and emails become complicated, so it will repel most cybercriminals.
Most of the discussed software has free trials, so you can try them out before purchasing. What’s more, some offer a free version and monetize additional features. It might be an excellent way to get at least some cybersecurity protection until you can invest more.