Thinking Capital is now DRIVENtm... Learn more.
Thinking Capital is now DRIVENtm... Learn more.
Thinking Capital is now DRIVENtmLearn more.
Thinking Capital is now DRIVENtmLearn more.
The balance magazine/
Articles

Developing Cybersecurity For Your Small Business

Developing Cybersecurity For Your Small Business
November 30, 2022

In today’s marketplace, as more and more data is being used, cybersecurity has emerged as one of the fastest-growing technology sectors, with individuals, organizations, and businesses recognizing the importance of security and protection.

Small businesses are a critical contributor to the Canadian economy, and society as a whole. But as cyberattacks become more and more common, many small businesses are at risk of being hacked and losing everything they’ve worked for.

While many small business owners understand the importance of cybersecurity, not all of them know how to protect their businesses from cyber threats. That’s why it’s so important for small business owners to take cybersecurity courses and learn how to protect their businesses from cybercrime. 

Cybersecurity courses offer business owners the opportunity to learn about the latest cyber threats and how to protect their businesses from them. They also provide business owners with the tools and resources they need to create a cybersecurity plan for their business.

Here are some tips on how to create a cybersecurity plan for your business:

1. Identify your risks

The first step in creating a cybersecurity plan is identifying your risks. What could happen if your business was hacked? What sensitive information do you have that could be stolen?

Once you have identified your risks, you need to come up with ways to mitigate those risks. For example, if you store sensitive information like credit card numbers, you may want to consider using encryption software to protect that information.

2. Create password policies

One of the easiest ways to protect your business from cyberattacks is by creating strong password policies. Employees should be required to create strong passwords that are changed on a regular basis. You may also want to consider using two-factor authentication for added security.

3. Educate your employees

One of the best ways to protect your business from cyberattacks is by educating your employees about the dangers of cybercrime. Employees should be aware of how to spot phishing emails and other scams, and they should be taught not to click on links or download attachments from unknown sources.

4. Install malware protection software

Malware protection software can help protect your computer from malicious software that can steal information or damage your computer. You should install malware protection software on all of your computers and keep it up-to-date.

5. Backup your data regularly

If your business is hacked or experiences a data breach, one of the biggest challenges will be recovering your lost data. That’s why it’s important to backup your data regularly so you can restore it if it’s lost or damaged.

6. Monitor your network activity

It’s important to monitor your network activity so you can detect any suspicious activity early and prevent a cyberattack from happening. You can use tools like firewalls and intrusion detection systems to help you track activity on your network.

If you’re interested in learning more about cybersecurity courses visit the Government of Canada’s list of post-secondary cybersecurity related programs.

If you’re a small business owner, it’s important to consider taking a cybersecurity course. Not only will you learn about the latest cyber threats, but you’ll also learn how to protect your business from them.

More resources

Advice and research for Canadian small businesses from our expert team

We've got you

We're here to make life easier for Canadian small to medium businesses like yours. How can we help you today?