How To Protect Your Business’ Digital Assets For Free

This Business News Story Was Uncovered By Us From: http://www.youngupstarts.com/2019/01/23/how-to-protect-your-business-digital-assets-for-free/

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For small business and entrepreneurs, a cyber-attack can not only cause massive damage, but it can also cripple the business. For instance, if proprietary information, that gives your SME an edge over competitors is stolen, then that is enough to put you out of business.

There are many ways hackers can gain unauthorized access into your business, but one of the most prevalent is weak passwords. Research shows that 80% of cyber attacks trace their origin to weak passwords.

Weak passwords are like open doors; they allow an intruder to come in and take everything they desire. To protect your brand and ensure you do not go under; it is vital for all employees to have strong passwords. For that to happen, they must first recognize the common password mistakes followed by how to overcome them.

Common password mistakes that leave small enterprises vulnerable.

1. Using the same password for multiple logins.

Whenever employees use the same passwords for all logins, they risk becoming an entry point for a massive hack. Consider, for example, the LinkedIn hacking incident in 2012 that saw hackers crack 6.4 million passwords. A separate attack saw hackers crack 1.5 million eHarmony passwords.

Just recently, in 2016, hackers got out with roughly $3.2 million after gaining access to 9000 accounts in Tesco bank. Again, Tesco had no choice but to reimburse the customers their money.

With the above data breaches, the hackers must have first cracked an admin password that gave them access to the system before following the trail and cracking the other passwords. That means the admin password was not strong enough to resist hacking attempts.

The reason most people stick to a single password despite knowing the risk is because one password is easy to rem… Read More

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