SME BUSINESS TIPS How you can protect against cyber crime
CYBER security is a growing issue for all businesses.
It’s easy to think that cyber attacks are a problem which only affect governments and multinational companies – but in fact according to the Federation of Small Businesses, 41 per cent of SMEs were impacted at some level by cyber crime last year.
This week, Martin Tyley, from KPMG, shares his tips on what SMEs can do to protect themselves against this threat.
KNOW what really matters to your organisation
Determine the information assets held by your business, including tangible assets, data, IP and your reputation. Then assess the impact to your business of loss, damage or disruption to them.
Working out which of your assets matter most means you can prioritise what needs protecting.
UNDERSTAND the risks – what could go wrong?
It’s important to identify the types of incident you could be subject to. How at risk are you from these? You also need to gain assurance that your suppliers are operating effective controls as they too could be targeted as a means of reaching you. GET the basics right Simple measures can make a big difference. The government’s ‘Cyber Essentials’ scheme offers very useful advice on basic controls. Review these controls against those in your organisation and remediate any gaps.
In addition, allocate responsibility for cyber security to a specific individual in your organisation and make sure you create an information security policy.
Martin Tyley, from KPMG