How to Protect Yourself Against Ransomware with Managed Security Services
March 29, 2019
If you are a small business owner, a ransomware attack can be damaging to you and your customers, resulting in lost business, interruption in continuity and a damaged brand reputation among other things. And the biggest risk to small business owners is the thought of being too small for an attack to happen.
According to a recent report, Ransomware was the No. 1 cyber attack experienced by small businesses in 2018 with an average cost in damages reaching nearly $47,000 per incident. If you don’t want to be part of that statistic, you need to find a way to protect your business fast.
But what’s the best way to protect yourself from ransomware attacks?
We’ve put together this guide to help you learn how to keep your retail business safe from malicious threats, so keep reading below.
You Don’t Know What You Don’t Know
As a retail owner, you probably don’t know that much about ransomware attacks. There’s a good chance you wouldn’t recognize one if you saw it, and you might not know what to do about it if you do get attacked. After all, you have a retail business to run, not an IT department.
And that’s okay. You don’t have to know all these things. You just want a secured network environment to conduct business in.
That’s why is not okay to remain complacent and leave your business unprotected. If you do, you could experience serious damage to your business and lose a lot of money. No business is too small to brush off the risks involved.
What are managed network security services?
These comprehensive services combine several layers of defense together inside your network. Each new layer of defense has its own controls and unique policies, making them harder for a malicious user to break through. These services are also managed for you by a professional, technically trained and certified team of network engineers for a fraction of the cost of staffing an internal IT department.
With a managed network security solution in place, only you and your employees have authorized access to your business network. Malicious users, on the other hand, are stopped in their tracks before they can cause any harm to your business operations and data. An MSP (managed services provider) works with you to establish the security controls you wish to have in place.
Some of the services managed network security can provide includes the following:
Let’s take a closer look at each of these services.
On-Going Employee Security Awareness Training
Training your employees on the various methods malicious users target small businesses (e.g. phishing attacks, malicious websites, web ads, etc.) can help reduce the likelihood of the human element being a factor in a ransomware attack.
Proactive Maintenance & Management
The various applications you depend on and use for your business may be vulnerable to ransomware attacks. Having a proactive management and maintenance strategy to keep your software systems and operating systems constantly update creates a layer of protection against these vulnerabilities so that these unpatched systems aren’t exploited and used to compromise your business.
Cloud Backup / Disaster Recovery
Having an off-site, remote location to store copies of your most critical data is key to keeping your data safe and easily recoverable in the event of a ransomware attack.
Network Security Monitoring
Businesses that utilize network security monitoring to anaylize their traffic can block both inbound and outbound threats before they can attack.
A firewall acts as a traffic cop between your internal network and untrusted networks from the internet. With a properly managed firewall, you can gain tighter control and insight into your inbound and outbound traffic.
Email Security Awareness
Phishing / Spearphishing are the biggest threat of incoming ransomware attacks. This security prevents malicious messages and attachments from reaching your email inbox. Having the right spam filter settings can control the majority of these threats.
Antivirus and Antimalware Software
Antivirus and antimalware software will constantly scan your network. If it finds any infection or suspect file it will remediate them. Having a managed antivirus solution removes the burden from you of constantly keeping the software up-to-date and current.
Wireless networks, although convenient, aren’t as secured as a wired one. Having proper security measures in place on your wireless network will protect your internally connected devices while controlling access from the outside world.
Cleary, these are just some of the ways managed services and network security good practices can help prevent malicious threats from getting into your business network. The best way to protect yourself from ransomware and other attacks is to hire a retail-centric managed service provider that knows the industry.
Take a look at Managed Services for Retail and find out how we can help you.