How To Protect Your Business In 2022

How To Protect Your Business In 2022

As a business owner, it is vital that you know how to protect your business. These days, there are many threats facing organizations of all sizes, and many of these threats can cause significant damage and even destroy a business. So, use a VPN to add an extra layer of protection to your business.

Businesses have had a difficult time during the pandemic, but you need to make sure that you are protecting your company against other threats so that you can make 2022 a better year for your company.

There are a number of effective ways to protect your business in 2022 and beyond that will allow you and your team to work with confidence each day and take your company to new heights. So, how can you protect your business in 2022?

Business Insurance

Business Insurance

First, you need to make sure that you have adequate business Commercial Insurance Ontario in place. There are many issues that can arise when running a business, and the fallout from these could be difficult to afford, especially for smaller companies. There are many different types of insurance to consider, some of which you may need while others you will not. A few of the main types include:

  • General liability insurance
  • Product liability insurance
  • Professional liability insurance
  • Workers’ compensation insurance
  • Commercial property insurance

Antivirus Software

Antivirus Software
Antivirus Software

Antivirus software needs to be one of your main layers of defense against cybercriminals. This software can scan, detect and remove various malicious threats from your system before they cause damage. It is important to invest in high-quality antivirus software to keep it running and keep it up to date at all times.

Firewall Protection

A firewall is another layer of defense that acts as a barrier between your network and the internet. It will control traffic based on a set of rules that you create for the firewall so that it can prevent dangerous and unknown traffic from accessing your network.

VPN

VPN

A VPN creates a private network that allows users to send and receive data across shared networks without putting this data at risk. This is particularly important in a time when many are working remotely and might be using public networks that could be dangerous and unsecured.

Password Policy & 2FA

Cyber attacks are on the rise, and it is often a case of hackers guessing or working out passwords to accounts. This is why it is important to have a password policy that will ensure that you and your employees are using random, complex passwords and different passwords for different accounts.

These should also be changed on a regular basis. It is also worthwhile using 2FA, which adds another layer of protection to accounts whether this is using a single-use code sent to a linked device, answering a security question, or biometrics.

Email Security

Research shows that 81% of malicious files are distributed by email, and this is often the gateway that cybercriminals use to attack businesses. This is because there is often a lack of protection in place, plus cybercriminals can use social engineering to trick users into action.

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There are many cybersecurity threats that can emerge from email attacks, including phishing, data loss, identity fraud, malware, and malicious links, just as a few examples. Fortunately, there are ways to protect your employees and business with Email Security from cybersecurity specialists as well as staff training and email filtering. GoAnywhere’s has a secure mail for Outlook plugin.

Physical Security

Cybercrime is a major and growing issue that every organization needs to take seriously. While you certainly need to develop a robust cybersecurity defense, you must not forget about physical security, and certain businesses are frequently targeted by criminals.

There are a number of physical security measures that you can take to protect your business from criminals. These include:

  • Intruder alarm systems
  • Keycode access
  • CCTV cameras
  • A safe
  • Motion-activated lighting
  • Security fence

Staff Training

It is also important to provide staff training so that your team can carry out their role safely, spot threats and hazards, and know how to react in an emergency situation. When it comes to cybercrime, attacks are often successful due to human error or social engineering.

Therefore, cybersecurity training is an essential step that will give your team confidence and could prevent a cyber attack from damaging your business.

Contracts

Another important way for a business to protect itself is with contracts. If you have any kind of agreement with a person or business, it needs to be established in a contract that will provide protection if there are any discrepancies.

In addition to protecting your business, a contract is also helpful because it clearly outlines what is expected of those involved so that standards can be maintained at a high level.

Protect Intellectual Property

As a business, you also need to take steps to protect your brand, products, and ideas. This is your intellectual property, and it can be protected in the form of copyrights, trademarks, and patents. You do not want a competitor to gain an advantage from your ideas, so you need to make sure that you protect your intellectual property.

Equally as important is making sure that you do not infringe on the intellectual property of your competitors on a subconscious level. This is why you need to be careful when researching your competitors and to make sure that your own intellectual property differs from theirs.

Build An Emergency Fund

Build An Emergency Fund

Finally, it is important to build up an emergency fund that your business can use to cover its expenses. The pandemic has shown that the unexpected can happen, and businesses need to have a safety net for situations like this. If you do not have an emergency fund in place, you could use a business line of credit to manage difficult periods.

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These are the main ways that a business can be protected in 2022. There are many different threats facing businesses of all sizes in this day and age, so you need to address all of these threats so that you and your team can work with confidence and without fear each day.