How Cybersecurity Can Protect Your Business

How Cybersecurity Can Protect Your Business

Cybercrime is a global issue that affects every business and individual. Over the years, South Africa has been a common target for cyber-attacks. In fact, research shows that South Africa has the third-highest number of cybercrime victims worldwide. Cybercriminals often disrupt the logistics network for energy, food, or vital medical supply chains.

Cybercriminals mainly target South Africa since there is a lack of investment in cybersecurity in the country. Moreover, cybercriminals believe that they face a lower chance of being prosecuted in South Africa. To protect your business from cyber-attacks, you need to consider a cybersecurity strategy.

In 2020, 53% of South African businesses reported an increase in phishing attacks compared to 2019, according to a Mimecast State of Email Security 2020 report.

Factors Contributing to the Rise in Cybercrime

The Rising Use of Mobile Technologies
Due to the rising numbers in the use of mobile technologies, hacking has become easier than ever. People with little experience of being safe online are at the risk of losing their personal information—such as online banking details—to cybercriminals.

The Proliferation of the Internet of Things (IoT)
The Internet of things (IoT) is devoted to the idea that a wide array of devices can be interconnected. The rapid roll-out out of IoT devices has potentially increased the threat surface where cybercriminals operate. If one or some of the interconnected devices are not secure, this presents a threat to the other devices.

Cloud Security Issues

Cloud platforms store vast amounts of sensitive and valuable data. While cloud providers put a lot of effort into ensuring the security of their services, there are still too many security issues that can’t be ignored.

The Rising Trend in Remote Working

In the wake of the COVID-19 crisis, South Africa and the rest of the world saw a spike in remote working. The risk here is that many of the people who work remotely don’t have a lot of background and knowledge about cyber-attacks.

How You Can Protect Your Business From Cyber Threats

Assess Your Systems and Implement a Cybersecurity Strategy

To protect yourself, the first step you should take is to assess your systems. Winjit’s Penetration Test (PenTest) helps you know your risks so that you can improve your security and prevent cyber threats. This also helps your business to be compliant with the Protection of Personal Information (POPI) Act. Upon conducting the PenTest, you can then move on to adopt Winjit’s cybersecurity solutions.

Use Multi-Factor Authentication

Where possible, use encryption and two- or three-factor authentication for network and data access.

Update Your Software Regularly

Software updates help fix system bugs and address any security vulnerabilities that pose a threat to your digital devices.

Train Others
If you run a company, make sure to protect all computers individually. Also, train your staff and make them aware that they’re an integral part of the company’s cybersecurity.

Conclusion

Despite headlines around cybercrime and its threats, most businesses don’t show the awareness and the readiness to address it. Having a cybersecurity strategy can help protect your business from threats. This will also help you to be compliant with the POPI Act.

Winjit’s cybersecurity solutions can help protect you from cyber-attacks. Contact us to access a dedicated technical team that will work with you on your business objectives.