Could your business survive an IT security breach? If you use Office 365, you can check your rating for cyber security right now.
IT Security is one of the major trends in business right now, with close to 1 million new threats released every single day. Whether it is malware, phishing attacks, cryptolockers or other nasties, the fact is that business owners need to ensure their IT environment is secure or risk losing their business altogether.
On average, it takes 256 days to discover a data breach from a malicious attack, and 158 days to catch one from human error. Once someone has successfully invaded your IT environment, they will generally wait a while before launching an attack, for two main reasons; to elevate the access to the highest privileges they can find, and to learn whom you interact with and how so that they can imitate you in emails etc.
The total cost of a security breach is about $4 million when averaged across all businesses globally, but even if this seems too high to be relevant to you, the true impact of a cyber security breach is much more than any ransom you might be asked to pay. How long could your business survive without access to your data? It is also much more expensive to fix the problem than prevent it, so it makes sense to know how secure your data is.
A common misconception among small business owners is that they aren't really at risk as they are only small, based on the idea that cyber criminals only target larger companies with deeper pockets. The truth is that every email address and IP address is constantly being targeted, and when access is gained they work out what they have got their hands on and scale their attack accordingly. If you are online, you need to take steps to protect against malicious emails and other malware.
It is estimated that around 80% of all cyber security breaches result from compromised email credentials, so the biggest threat to your IT security is actually from staff members accidentally clicking on malicious links or providing their passwords unwittingly. There is a wide array of tools within Office 365 to prevent this from happening, they just need to be configured correctly.
To help you understand how secure or otherwise your Office 365 tenant is, Microsoft provide a really useful tool called Secure Score. The website below asks a series of questions to determine how you measure up, and what actions you can take to improve security. You can also access this from your Office 365 tenant if you have Admin access, which calculates it automatically for you - we can show you where to find the link.
Some of the recommended measures will be things you can easily do yourself, whereas others need a reasonable understanding of IT to understand and implement, so you might want to seek out an Office 365 partner to help you through the process.
Assess your Secure Score here and see where you can quickly improve your security settings: