Cybersecurity Best Practices for Companies in 2023 

Cybersecurity Best Practices for Companies in 2023 

As people continue to incorporate technology into their work, the digital landscape expands. Although this growth brings with it a host of advantages, it also becomes an avenue for potential threats and vulnerabilities.

What should your company focus on to fight against these digital threats? The answer lies in prioritizing the cybersecurity of your organization and the practices that strengthen it.

 

Your Shield Against Digital Attacks 

Cybersecurity is the practice of safeguarding your digital data from any malicious threats and unauthorized access. Although this is important for every individual, it is especially vital for companies and organizations that gather information from their clients and customers.

Think of cybersecurity as the protective gear worn by a soldier entering a battlefield. Similarly, your company’s digital cybersecurity serves as a shield, safeguarding the information you’ve collected and preventing attacks, hacking, or stealing data within your organization.

Giving due importance to cybersecurity not only enhances your organization’s integrity but also builds trust among your stakeholders, reinforcing your commitment to data protection and security.

 

7 Cybersecurity Best Practices for 2023 

It is of utmost importance to implement comprehensive cybersecurity policies and measures designed to protect your valuable digital assets to effectively safeguard your organization’s cybersecurity. Consider following these seven recommended cybersecurity best practices for 2023 to stay ahead of evolving threats:

 

1. Assess Possible Targets and Vulnerabilities

Before you can decide what measures to put in place, you need to first understand the vulnerabilities of your company. This can be achieved only through proper assessment and analysis of the services you provide.

Take a moment to consider the confidential information stored within your systems that may be enticing to cybercriminals. For example, let’s say you operate a manufacturing company with a substantial workforce.

In such cases, some people may target your employees’ personal data, including their names, contact numbers, and payroll details. Recognizing these specific areas of vulnerability enables you to prioritize the digital aspects that require the utmost protection.

In circumstances where you already have a cybersecurity system set in place, you then need to ensure proactive vulnerability management. This is the action of regularly assessing your defenses for any vulnerabilities and applying updates or patches to the system when needed.

 

2. Educate Employees about Possible Security Breaches

Improving cybersecurity requires not only updating systems but also educating your people. It becomes challenging to prevent a cyber-attack when employees are unaware of the threats in the first place.

You need to conduct regular seminars with your employees regarding possible security breaches. For example, you can educate them about phishing attacks, where cybercriminals trick people into revealing confidential information, or social engineering attacks that manipulate individuals into sharing private data.

Another example is social engineering attacks that focus on manipulating individuals to perform certain actions or share private data.

If it’s difficult for you to organize your team’s schedule for a synchronous meeting, you can also put out infographic ad campaigns that would inform them of the threats.

Read More: Best Practices Hiring Guide 

Although worrisome, equipping your employees with knowledge about these common signs and proper procedures significantly helps prevent successful attacks.

 

3. Improve Awareness of Company Leaders

Aside from the employees, it is also very important for company leaders to be knowledgeable about cybersecurity concerns. As they’re involved in finding solutions, they need a solid foundation of knowledge regarding the factors that impact cybersecurity

See More: Why Strong Leadership is Key to Success 

Some examples of the things they need to know are:

 

  • Different types of cyber-attacks – Just like for employees, knowing this information can help prevent them from being victims of different threats. It will also aid them when deciding the best measures to implement.
  • Industry-specific cyber weaknesses – Not every general security measure is effective for every situation. You need to know the possible target of cybercriminals in your industry to know the issues to address.
  • Current cyber security posture of the company – Posture simply means the current measures and policies being enacted in the company. Leaders should be aware of this so that they can create better long-term plans. For example, they can choose to change security practices or simply enhance current ones.

 

4. Execute Zero Trust Cyber Security Paradigm

As the name suggests, the Zero Trust Cyber Security Paradigm encourages companies to stay vigilant at all times and assume that everything can potentially be malicious. Whether you’re dealing with network traffic or a new device, everything can be a threat.

This paradigm doesn’t mean you shouldn’t allow access to new users or devices on your server. It only means you should always take precautionary measures.

Take an employee logging into his account using a brand-new computer. Instead of blocking access or allowing it immediately, you can use a multi-factor authentication process. You can ask him to prove his identity by doing additional verification factors aside from inputting his strong password. Implementing this ultimately adds a layer of protection and security

 

5. Promote Data Encryption

What if your company is in possession of important information that you cannot risk being available to the public? Although the previously mentioned cybersecurity practices can help, you can also consider the act of data encryption.

According to a survey made in 2022, about 40 percent of respondents said that 20 to 40 percent of their sensitive data are encrypted.¹ This is to ensure the security of the information even in cloud-based platforms.

With information constantly being transmitted from one device to another due to remote work setups, data encryption has become a critical procedure that can be done to safeguard intelligence from any unauthorized parties.

 

6. Implement Network Segmentation

Another cybersecurity best practice to consider is implementing network segmentation or simply dividing your network into isolated segments. These segments, which can be called subnetworks, should also have independent security measures and operations for maximum security.

Suppose a cybercriminal successfully breached your cybersecurity and got into your network. Without network segmentation, this means the criminal now has access to all data and information you keep online. But with network segmentation, they can only have access to the network they hacked into.

According to experts, implementing this practice can take some time and effort since some networks would require a complete redesign.² Still, it proves to be worth the trouble since this added measure allows you more time to solve issues and protect your other networks of information.

 

7. Back-Up Important Data

Although seemingly simple, backing-up vital information and bits of data is a critical practice that every organization should adopt. It serves its purpose during sudden security breaches or loss of data due to malicious attacks.

With a secure copy of your data, you won’t need to worry about the accidental permanent deletion of important information or irregular auto-data backup systems.

Related Reading: Workplace Automation: How to Prepare Your Team for the Future 

 

STRENGTHEN YOUR PROTECTION AGAINST CYBER THREATS THROUGH DAVIS COMPANIES

DAVIS Companies has been a professional staffing services provider since 1985. We offer access to a vast network of tech professionals who can help strengthen your company’s cybersecurity and prevent digital harm.

Whether your staffing needs call for direct hires, contract staffing, or contract-to-hire, we’re sure to provide you with the best people to establish powerful partnerships for your company’s benefit. Together, we can strengthen your cybersecurity and eliminate obstacles to your success the DAVIS way. Reach out today to start a conversation!

 

References 

1 Statista 2023. “What Percentage of Your Sensitive Data in the Cloud Is Encrypted?” Statista, Mar. 2022, https://www.statista.com/statistics/1243960/sensitive-data-encrypted-in-cloud-percentage/#:~:text=Global%20percentage%20of%20sensitive%20data%20encrypted%20in%20cloud%202022%2C%20by%20encryption%20level&text=In%202022%2C%20nearly%2040%20percent,need%20for%20cloud%20security%20increases. Accessed 19 Jul. 2023.

2 Info-Tech Research Group. “Effective Network Segmentation Can Mitigate Rising Cybersecurity Threats, According to Info-Tech Research Group.” PR Newswire, 20 Apr. 2023, https://www.prnewswire.com/news-releases/effective-network-segmentation-can-mitigate-rising-cybersecurity-threats-according-to-info-tech-research-group-301803387.html Accessed 19 Jul. 2023.

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