Advice for Multinational Businesses on Cybersecurity

Thanks to the internet, business professionals worldwide can now work collaboratively without any geographical limitations. With Wi-Fi connectivity expanding, data sharing among devices on a network is easier than ever, as long as an internet connection is available. This enhanced connectivity has certainly increased productivity but has also brought with it some critical concerns, such as the security of our private network and data from rogue cybercriminals. To ensure the safety of your organisation’s sensitive information while conducting international business, it is essential to implement appropriate security measures and stay informed.

Understand the characteristics of the data you are handling.

To safeguard the organisation’s sensitive data, it is crucial to establish which information is accessible to the public and which data is restricted and concealed from employees. Understanding which datasets fall under public and private categories enables the necessary measures to protect both sets of information. For instance, job offers, employee benefits, and job criteria are usually available to the public, and their exposure typically has little effect on the business. However, internal process details and other relevant information should be secured using appropriate security measures. And information that is highly sensitive, such as financial records, career information or plans for future business endeavours, must be safeguarded using the highest level of security protocols to ensure its confidentiality.

Choose a Secure Online Storage Provider

Cloud-based technologies offer numerous benefits to businesses that have employees working remotely. Centralised storage of data, lag-free cross-country meetings, and easy access to information are some of the ways in which cloud-based communication solutions enhance productivity. However, data security is of the utmost concern, and it is essential to choose a trustworthy cloud service provider like 88’s online conferences. The cloud’s inherent security comes from data not being stored on individual devices but rather on highly secure servers belonging to large organisations. These servers use state-of-the-art security protocols developed by some of the most experienced computer scientists in the world, protecting against intruders. In addition, real-time big data and analytics are employed to identify and mitigate any potential threats. This highly secure cloud technology enables businesses to continue collaborating and storing sensitive data without geographical limitations with protection against the constantly evolving threat of cyber attacks.

Implement Multiple Authentication Methods.

Authentication is the process of verifying an individual’s credentials against an approved list of users before granting access to a system. To secure confidential business data, multi-factor authentication goes beyond relying solely on a password, integrating “something you know,” “something you have,” and “something you are” to confirm your identity. Using multi-factor authentication makes it significantly more challenging for potential intruders to gain unauthorised access to your system. This approach is particularly vital for companies using cloud-based information sharing for global collaboration. Multi-factor authentication is simple to implement, cost-effective, and a highly effective way to enhance your business’s data security.

Create a Strategy to Safeguard your Network Against Cyber Attacks.

Creating a comprehensive cyber security policy is an integral part of safeguarding your business against cyber fraud. The policy should outline the necessary procedures for responding to potential security risks and include best practices for creating and managing secure passwords. Ensuring that employees are aware of the key components of a secure password, such as a minimum length of 13 characters, a mix of uppercase and lowercase letters, numbers and symbols, and no personal information is crucial. It is also important to mandate periodic password changes to keep up with the ever-evolving cyber threats to your business.

Despite the ongoing threat of cyber attacks, several steps can be taken to shield your organisation from unwanted public attention. By first implementing these security measures, you can significantly reduce instances of unauthorised access by hackers and ensure the safety of your systems. With these fundamental safety protocols in place, your business can confidently share sensitive data with remote employees located worldwide.

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