Defending your business should be your utmost priority from day one. Even before thinking about your profits for the months ahead, the security and privacy of your sensitive data should be defended even before you open your doors for business. In an age where cyber attacks are becoming more and more apparent, it’s more important than ever to stay up to date and protected against potential cyber threats.

Asking questions like hva er personvern (what is privacy) will help you to grasp a basic understanding of what you need to protect your business, but in order to keep your business private, there are some practices you can undertake to maintain your taushetsplikt og personvern (confidentiality and privacy).

Get insured

You may have already taken out insurance to cover the building and contents within your business premises, but have you taken out insurance for cybersecurity?

Less often considered a necessity, this cyber liability insurance is a must-have for every business. Should something happen within the cybernetics of your business and you are held accountable for it, you could potentially be looking at the end of your business venture much sooner than you think. The legal repercussions could be enough to send your business crashing to the ground, making it vital to ensure that you are protected by an insurance arrangement.

Get smart with passwords

The downfall of many computer users. Having a password can be a pain when you just want to log in and go, but these passwords are actually a great defense barrier to help keep hackers and cyber attacks out of your personal affairs. Many hackers find password hacking easy as employees to businesses make their passwords simple to crack. Using an address or pet’s name is far too simple as the hacker can easily get hold of that information.

In order to make the most out of a password opportunity, you need to ideally use a collection of different characters including both lower and upper case letters, numbers and even some special characters like ! or #. By including these various digits you are effectively making the password much harder to crack. Hence keeping private data private.

Use a VDR

A virtual data room is an ideal location to store information regarding financial transactions or other highly sensitive details. Keeping this data in a separate location will benefit your business highly as a hacker will not be able to access the details if they hack into your system.

The concept of the virtual data room is an ideal asset to any business and since it’s online it doesn’t take up any more of your storage space at your business facility.

Internal eyes

A topic not talked about often enough, theft from within a company isn’t a nice element to think about but it does happen. Keep tabs on all employees at all times especially when they are working with sensitive data. There are several laws that do protect your business from internal data theft and the punishments are severe for people that are caught stealing or selling data or passing on passwords to cyberattackers so they are able to easily get into your company’s system.

One of the best ways to tackle internal data fraud is to have a system in place that records your employees every click. The problem with these types of systems is they can be network intensive.

Other ways to make sure your employees are not misusing your data is to make sure that there are strict rules in place that specifically say that company data must use encryption. Setting up local encryption and training employees how to use the locally encrypted data is one way to at least attempt to try and make company data secure.

In reality, protecting your data from internal users is a matter of trust. If your employees really want to transfer data or sell it, there is not much that can be done about it.

Protecting your business from hackers is vital as statistics show that businesses today have a 20% chance of a hacker attempting to get into their system every year. That’s quite a high statistic and it only takes just one of these people to eventually find a way into your company network.