7 ways to improve your firms security without spending (much) money!

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We recently attended the LegalEx conference at London’s wonderful ExCel centre. Our founder, Angus Bradley, held an insightful talk demonstrating 7 ways to improve your firms security without spending (much) money.

Some of the key takeaways from the session were: learning about the process errors that can kill your business, as well as the methods that only take a few hours to implement that will protect you from 70% of data breaches.

You can watch Angus’ talk back below:

Can’t see the video? Click here.

Security & Savings!

Security is a top priority for any business. In today’s digital age, data breaches and cyber attacks are becoming more frequent, with small businesses all the way up to enterprise being at risk. While some companies may think that improving their security requires a significant amount of time and monetary investment, there are several ways to improve security without breaking the bank.

1. Conduct a Security Audit

The first step in improving your firm’s security is to conduct an audit. This will help you identify any issues or areas of risks in your current practices and systems. You can conduct an audit in-house or hire a third-party provider to do it for you. A audit will help you determine if your current processess are up to scratch or if you need to make changes to prevent catastrophic consequences.

2. Train Your Employees

One of the most significant threats to your firm’s security is human error. Many data breaches occur due to simple mistakes made by employees. It’s crucial to train your employees on cybersecurity best practices. This can include educating them on how to identify and avoid phishing scams, how to create strong passwords, and how to keep their devices secure. It’s also highly recommended that you conduct regular security awareness training sessions to keep your employees up-to-date with the latest knowledge – they are ultimately your business’ first line of defence!

3. Implement Two-Factor Authentication

Two-factor authentication is an additional layer of security that requires users to provide two forms of authentication before accessing an account or system. This can include something they know, such as a password, and something they have, such as a mobile device. Two-factor authentication can help prevent unauthorised access to your systems and accounts, even if a password is compromised. Projectfusion utilises unique login tokens to keep users secure.

4. Regularly Update Software and Systems

Software and systems can have vulnerabilities that cybercriminals can exploit. Therefore, it’s crucial to regularly update your software and systems to patch any security flaws. This includes operating systems, antivirus software, firewalls, and any other software or systems you use to run your business. Regular updates can help prevent cyber attacks and data breaches.

5. Backup Your Data

Data loss can be catastrophic for any business. It’s absolutely vital to regularly backup your data. This includes customer data, financial information, and any other critical data that your business relies on. You can use cloud-based backup solutions or external hard drives to backup your data. Regular backups can help ensure that you can recover your data in the event of a data breach or other disaster.

6. Limit Access to Sensitive Data

Not every employee needs access to sensitive data. Make sure limit access to sensitive data to only those who need it to perform their job duties. This includes customer data, financial information, and any other data that could be used for malicious purposes. Limiting access can help prevent insider threats and unauthorized access to sensitive data. With Projectfusion, you have complete control over who sees what, with a variety of permission layers to choose from.

7. Use Multi-Layered Security

Multi-layered security involves using multiple security measures to protect your systems and data. This can include firewalls, antivirus software, intrusion detection systems, and other security measures. Using multiple layers of security can help prevent cyber attacks and data breaches. It’s essential to use a combination of security measures that work together to create a strong defence against cyber threats.

In conclusion, improving your firm’s security doesn’t have to be an expensive endeavor. By implementing the above security measures and learning about the process errors that can kill your business, you can significantly reduce your risk of data breaches and cyber attacks. Additionally, implementing the quick and easy methods mentioned above can further enhance your security and protect you from 70% of data breaches. Remember, by investing in your security, you’re also investing in the future of your business.

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