According to the Australian Cyber Security Centre’s (ACSC’s) Annual Cyber Threat Report 2021-22, approximately 27 per cent of all cybercrimes reported in Australia relate to online fraud. Identity theft is a growing issue, and if you run your own business or are privy to sensitive information, it’s not just your identity you need to be concerned about.
Your customer data needs to be protected, because, if recent news has taught us anything, your company’s reputation is on the line.
But not every business can afford their own IT team – in fact, it’s usually only large organisations who have dedicated technology and security support. Certainly, small to medium sized businesses such as accounting firms do not always have tech support on speed dial.
As passionate enthusiasts of tech and security, our expert technicians at Geeks2U have come up with a handful of ways to help protect your customer data from cybercriminals.
Here are some tips to help keep your customers’ data safe
1. Only collect data you truly need and delete it when you no longer need it
Sure, having data on your customers is great, as you can use it to gain a better understanding of your demographic and improve your marketing capabilities. However, one of the easiest ways to ensure you don’t leak customer data, such as credit card information and passport details is by not keeping it in your system. When you’re creating new customer accounts, always ask yourself how vital is the data you’re gathering? Also, regularly review and delete data that is no longer required.
2. Use a password manager
There are many ways an employee’s password can be hacked. From phishing scams to weak passwords to brute force attacks, cracking a password is one of the most common methods cybercriminals use to gain access to your data.
There’s a handful of methods you can implement to better protect your password, and our favourite at Geeks2U is a password manager.
A password manager both stores and creates your passwords. This is handy because not only does it help you remember the hundreds of passwords you have floating out there, but it also generates strong passwords that are much tougher to guess.
3. Book a third-party cybersecurity health check
If you’re not a master of cybersecurity, then you can rely on technology experts to come in and review your business security systems.
For example, Geeks2U’s Cyber Security Health Check is designed to highlight cyber security vulnerabilities which could result in online threats. It will help to protect against data breaches, malware, identity theft and more.
Learn more information about our Cyber Security Health Check here.
4. Try to keep all your data in one place
The more spread out your data is, the more vulnerable you are to a leak. You might have data stored in unsecure locations that you have completely forgotten about. If a certain data storage provider, app, or website has been breached and you forgot you were storing data on the platform, how would you even know to address the issue?
Businesses need to store their customer data in as few tools as necessary. Not only will this be safer, but it will also give you a better, more wholistic view of your data. We call this a “single source of truth” and has many benefits outside of cybersecurity.
If you haven’t reviewed your business’s online security in a while, and are unsure where to start, give Geeks2U a call today and enquire about our Cyber Security Health Check, which can help to find your business’s vulnerabilities before the hackers do.
The tips above are just some examples of how to better protect your data but are not a comprehensive solution and should be used alongside your own data security plans.
