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3 Greatest Business Security Risks and Ways of Fighting Back

Much like 2014, security breaches made big news all through the last year and despite enhanced general awareness about business security risks, most businesses had little or no measure of tracking sensitive data.

So how can businesses be more proactive in identifying types of security risks and abiding by a security risk definition? Here are three of the commonest security risks in the workplace and ways to ward them off.

Unhappy Employees

A disgruntled employee never serves the business any good, especially if the fellow is from the IT cell and has a grudge on the company. IT members generally have access to central networks and admin account. A rogue employee can cause irreversible security breaches, inflicting great business security risks.

Solution: Identify all privilege accounts. Terminate the ones that have been discontinued by the company or are connected to an ex-member of the company. Up and above this, the company management must closely manage, track and monitor all central data accounts. An arrangement that identified risks to system performance and integrity is highly advisable.

Mobile or BYOD Devices

Business security risks have been at an all-time high ever since employees have been using their personal mobile devices to access company information. While BYOD has been embraced by most organizations, Trojan software or malware transmitted through a mobile app has reportedly resulted in about 65 percent of business security breaches in the last 12 months.

Solution: Most BYOD-related security threats spell out of ignorance. The company will do good to have a carefully chalked out BYOD policy in place. When employees are better educated in the expectations and limitations of accessing company network through both company and employee-owned devices, potential business security risks and automatically alleviated.

The Cloud

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The cloud and cloud-based applications have helped in streamlining operations at several organizations. But intruders have also found a way to exploit cloud-based security threats and even celebrities have been at the receiving end.

Solution: The first line of defense against cloud-based cyber threats should be a strong encryption at the data level, preferably a 256-bit. The encryption keys must be retained in order to prevent a third-party app to gain access to the data shelved in the cloud. As of now, not many companies have been reported to use data level encryption to prevent business security risks that pour from the Cloud.

Most organizations now realize that security breaches are no more limited to “ifs” and “whens”. A little more information on defending company data can help a lot in a potential breach.