Since last year’s biggest cyberattacks did not spare big names such as Facebook and British Airways, you’d think that small- and medium-sized businesses (SMBs) would take more serious precautions against cybercrimes. Yet the opposite is true. Cybercrime rates continue to rise, with 58% of victims categorized as SMBs. And while this trend is due in part to the more advanced tactics employed by cybercriminals, the biggest factors to the success of cybercrimes are the counterproductive security practices that businesses cultivate.

As personal computing devices became more accessible, more and more businesses have incorporated bring your own device (BYOD) policies in the workplace. BYOD has enabled the workforce to interact with familiar devices, cutting the learning curve, and enhancing productivity.

All businesses hold confidential client data and information that will fetch a hefty sum on the black market, so no industry is completely safe from financially-motivated cyber attacks. For example, the health industry is full of valuable data like Social Security numbers, and as per Verizon’s 2018 Data Breach Investigations Report, data breaches affected one in four healthcare organizations.

Implementing a cybersecurity training program may not be at the top of your to-do list right now, but it should be. Just before 2018 ended, a cyberattack paralyzed the operations of major newspapers in the country, including that of The Chicago Tribune.

Cybersecurity is at the forefront of every business leader’s mind these days, or at least it should be. Data security gets more complicated and multifaceted every day, especially as businesses rely more on mobile devices, “smart” gadgets, and other hard-to-secure office connections.

Your organization can take every precaution to prevent against a cyberattack — firewalls, anti-virus, anti-malware, spam filter, etc. But your biggest liability isn’t lurking in the cyber shadows: they’re sitting in your office. And failing to enforce employee password policy requirements could put your company data at risk.

Here are tips from Will, our Director of Support Services, including best practices to help prevent hacks, the password storage tool he recommends, and more.

Back in 2014, Code Spaces was murdered. The company offered tools for source code management, but they didn’t have solid control over sensitive information — including their backups. One cyberattack later, and Code Spaces was out of business. Their killer had used some standard techniques, but the most effective was getting an unwitting Code Space employee to help — likely via a phishing attack.

It seems like the news mentions a new cyberattack or cyber threat almost daily, so how could you possibly relax knowing that these innovative and creative hackers are constantly designing new ways to catch you and your data off-guard? A well-designed secure computer network can give you the confidence that “all systems are go,” whether you’re at home or in the office.