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Top 10 tips for small businesses to protect against cyber crime

  • Blog
  • 15 April 2016

Small businesses like yours need to adapt to the ever present and increasing threat that comes from unscrupulous hackers and online criminals. Whilst there are many things that you can do to try to prevent such attacks, they are becoming increasingly sophisticated and so both you and your business need protection to avoid these attacks and to help you should the unthinkable happen.

A 2013 FSB report on cyber crime shows that 41 per cent of FSB members have been a victim of cyber crime in the last 12 months, putting the average cost at around £4,000 per business. Around three in 10 members have been a victim of fraud, typically by a customer or client (13%) or through ‘card not present' fraud (10%).

Top 10 tips for small businesses to protect against cyber crime

 

The report finds that almost 20 per cent of members have not taken any steps to protect themselves from a cyber crime. However, 36 per cent of respondents say they regularly install security patches to protect themselves from fraud and almost six in 10 members regularly update their virus scanning software to minimise their exposure to online crime.

How do you protect yourself, especially on the internet where the fraudsters always seem to be one step ahead of all means to try and stay safe?

Here are our top 10 tips for business to stay safe online:

  • Implement a combination of security protection solutions (anti-virus, anti-spam, firewall(s))
  • Carry out regular security updates on all software and devices
  • Implement a resilient password policy (min eight characters, change regularly)
  • Secure your wireless network
  • Implement clear and concise procedures for email, internet and mobile devices
  • Tran staff in good security practices and consider employee background checks
  • Implement and test backup plans, information disposal and disaster recovery procedures
  • Carry out regular security risk assessments to identify important information and systems
  • Carry out regular security testing on the business website
  • Check provider credentials and contracts when using cloud services
Remember, as an FSB member, Legal Protection as well as access to 24/7 legal advice is included in your membership.

Cyber Protection from FSB

FSB Cyber Protection includes an insurance policy with cover of up to £10,000 and an unlimited use helpline to answer all your Cyber Security questions.

Find out more