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17 Cyber Security Best Practices in 2024 to Shield Your Business

As we look towards 2024, the digital landscape continues to evolve at an unprecedented pace, with cybersecurity sitting at the forefront of business priorities. With cyber threats becoming more sophisticated and the cost of data breaches reaching new heights, understanding and implementing effective cybersecurity practices has never been more critical.

This article delves into the essential strategies and practices businesses must adopt to safeguard their digital assets in this ever-changing environment.

A Brief Introduction to Cybersecurity

The evolution of the cyber landscape is driven by technological advancements and shifts in cybercriminal tactics. Cybersecurity costs and risks are escalating as threat actors exploit emerging vulnerabilities, particularly in a world increasingly reliant on digital connections. The continuous rise in these costs underscores the necessity for businesses to prioritise robust cybersecurity measures to protect their precious data and maintain customer trust.

Levit8 offers Cyber Security Services that cover all the best practices and measures your company in Australia needs to ensure its data is backed up and secure and to remain protected, so you can focus in growing your business without risk.

The 17 Cyber Security Best Practices for Business

Establishing solid cybersecurity policies and securing IoT connections are pivotal. A people-centric security strategy, emphasising continuous employee education and threat awareness, is vital in mitigating human error—one of the most significant cybersecurity risks.

Here's a list of the 17 best practices of cybersecurity for small businesses, mid-sized companies or large corporations:

  1. Creating strong passwords

  2. Change passwords frequently

  3. Backup all business data

  4. Control access of sensitive data

  5. Avoid opening suspicious emails

  6. Check the links' URL addresses before you click

  7. Protect your office WiFi

  8. Enable Firewall protection

  9. Run comprehensive antivirus software on your machines

  10. Keep software up to date

  11. Patch software regularly

  12. Read the privacy policy of all solutions and software you use

  13. Develop an incident response plan

  14. Conduct penetration testing

  15. Implement zero trust cybersecurity paradigm

  16. Implement employee cybersecurity training

  17. Educate employees on cybersecurity awareness

smartphone with lock symbol being protected by the cyber security best practices

The Importance of Cyber Hygiene for Businesses in Australia

Cyber hygiene refers to the practices and steps that users of computers and other devices take to maintain system health and improve online security. These practices are akin to personal hygiene but focused on the well-being of digital security rather than physical health.

Cyber hygiene's critical components include regular software updates, strong password policies, and routine data backups, fundamental practices that safeguard individuals and organizations from cyber threats.

Top Cybersecurity Threats and Trends for 2024

As we approach 2024, several key cybersecurity threats and trends demand our attention:

  • Increased teleworking and cloud adoption highlight the need for robust cloud security measures.

  • The convergence of IT (Information Technology) and OT (Operational Technology) with IoT (Internet of Things) devices exposes new vulnerabilities, necessitating enhanced security protocols.

  • Zero-trust cybersecurity, an approach that assumes breach and verifies each request as though it originates from an open network, is gaining traction as a fundamental security strategy.

  • Artificial intelligence (AI) plays a dual role, being used by both security teams and cyber attackers, making AI-driven security measures critical.

Advanced Measures to Fortify Cybersecurity

To further bolster defences, businesses must implement advanced measures such as multi-factor authentication (MFA), VPN (Virtual Private Networks) combined with zero-trust models, and biometric security. Employing technologies that support these measures, along with stringent data protection policies, is crucial in the fight against sophisticated cyber threats.

Addressing Third-Party and Supply Chain Risks

In today's interconnected world, securing supply chain interactions and managing third-party risks are imperative. Effective vendor management and regular auditing are essential strategies to mitigate these risks, ensuring all parts of the supply chain align with the organization's cybersecurity standards.

cyber security professional working in 2 laptops to ensure the business is following the cyber security best practices

Be prepared for the future and enhance your knowledge on Cyber Security. Read out guide: Cyber Security Tips That All Business Should Know.

The Role of Managed IT Services in Cybersecurity

Levit8 Business IT Solutions emerges as a beacon of support for businesses navigating the complexities of cybersecurity. Our comprehensive managed IT and cybersecurity solutions offer an effective framework for implementing the best practices outlined above. Our 24/7 managed IT support, cybersecurity plans tailored to your specific needs, and expertise in Microsoft Azure Cloud services provide a holistic approach to securing your digital assets.

Developing a Proactive Incident Response Plan

Establishing and refining incident response capabilities is paramount in preparing for potential cyber incidents. With Levit8’s assistance, businesses can develop a robust incident response plan, enhancing their ability to swiftly and effectively respond to cyber threats, thereby minimizing potential damage.

Conclusion: Staying Ahead of Cybersecurity Risks

The digital age demands ongoing vigilance and adaptation to the evolving cybersecurity landscape. By embracing best practices and advanced security measures, businesses can fortify their defences against the myriad of cyber threats. Collaborating with Levit8 Business IT Solutions ensures that your cybersecurity strategy is not only comprehensive but also customized to meet the unique needs of your business.

In a world where cyber threats loom large, taking proactive steps today can safeguard your business tomorrow. Reach out to Levit8 for a tailored cybersecurity strategy that aligns with your business objectives and ensures your digital assets are protected against the cybersecurity challenges of 2024 and beyond.

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