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With more reliance on technology than ever across industries, all appropriate measures must be taken to prevent a professional data breach, the cost of which can range from $1.25 million to over $8 million. A recent CSIS survey of IT decision-makers across eight countries found that 82 percent of employers report a shortage of cybersecurity skills, and 71 percent believe this talent gap causes direct and measurable damage to their organizations.

Organizations hold an extreme amount of sensitive information, from social security numbers to employment records to driver’s license numbers to confidential business information and data for their clients. This delicate information can easily be used for identity theft or fraud if it gets into the wrong hands.

While recent data breaches have taken place at top tier companies such as Yahoo!, Marriott, Equifax, Under Armor, JP Morgan Chase, and many more, it is important to realize that oftentimes small companies are major targets as they are perceived by hackers as being easier to get into. According to The Staffing Stream, companies with fewer than 10,000 records are more likely to be hacked than firms with over 100,000 records.

We have outlined several ways below to set your company up for cybersecurity success.

Have the Right Team in Place

It is imperative to have the right team in place to monitor and protect your company so that you do not become a statistic. IT professionals who are well versed in the latest in cybersecurity and data protection will help minimize the occurrences of a security breach. There is a myriad of cybersecurity positions and expertise from Network Security Analyst to IS Security Engineer, and understanding what is lacking within your organization is of the utmost importance.

You need to spend money to save money. According to the U.S. Bureau of Labor and Statistics, the median Information Security Analyst salary is $98,350. There are also many contractors available to fill short-term gaps as you are building a well-rounded team.

Recognize Red Flags

90% of data breaches in 2017 were the direct result of social engineering and phishing emails. Don’t open suspicious emails and alert internal teams when something has been opened or received that seems off. Things to look for in phishing emails include a message flagged as “external,” unexpected attachments, sender not recognized, appeals to emotions/sense of curiosity, and blatant spelling errors/typos.

Updates and Access

Do the necessary updates on all devices and security software but double check first they are coming from the original source. Password protect your wireless internet network and change the password frequently. Block employee access to websites and programs not necessary for completing the job. Ensure company data is secure after someone leaves the company by immediately removing their email address and access to all systems.

Educate Your Employees

Don’t let employees set up personal folders with their names on their work computer (i.e. John – Personal Folder). Do not let them use social security numbers or other sensitive information for employee/contractor logins. Train your staff to look out for phishing emails and social engineering. The more they know, the better equipped they will be to flag suspicious behavior. Weekly emails with cybersecurity trends and recent occurrences help keep everyone informed.

Report It

If it does happen, report the crime. According to the FBI’s Internet Crime Complaint Center (IC3), only 10-12% of cybercrimes are reported each year.

The steps above will help set your company up for cybersecurity success. If you’re looking for the right cybersecurity experts to join your team to help protect your company and sensitive information, contact TRC Staffing Services today.

Resources:
https://www.central-insurance.com/docs/tips-DataBreach.htm
https://www.cpomagazine.com/cyber-security/11-eye-opening-cyber-security-statistics-for-2019/
https://apnews.com/c4779974502b40908e76e4e09ba49030
https://www.wwspi.com/the-impacts-of-a-staffing-agency-cyber-breach/
http://www.thestaffingstream.com/2017/04/18/staffing-firms-face-growing-threat-of-data-breaches/
https://digitalguardian.com/blog/whats-cost-data-breach-2019
https://www.bls.gov/ooh/computer-and-information-technology/information-security-analysts.htm

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