National Brokers Network

How Small Businesses Can Protect Themselves from Hackers Holding Their Information Hostage

In a cybercriminal’s mind, small businesses are an easy target. That is because investing in sophisticated phishing protection does not make it to such businesses’ top priorities. This vulnerability makes it easy for cybercriminals to hack the IT systems of these businesses. Doing so effectively gives them access to sensitive and valuable information, among others.

One of the ways cybercriminals inflict harm is through malware or malicious software. This can take the form of ransomware. It encrypts or blocks access to the system and demands a ransom or payment in exchange for a decryption code or key code.   

Consider this as a warning if you are a small business with limited if not nonexistent cybersecurity in place. Do not waste time and ensure your protection before it is too late. Allow us to help you get started.

 

  • Create Multiple Copies

Experts suggest creating three backup copies of your files. Two of these must be stored in two different types of media. The third copy must be stored in an off-site location.

 

  • Stay Current

Outdated security patches are bad for the business. Cybercriminals take advantage of these security flaws in your system. They serve as an open door through which cybercriminals can enter to harm your system while your defences are down.

 

  • Understand Your Network

It does not have to be an in-depth technical understanding. You simply need to know enough to identify irregularities that might signal harm. This can help you to prevent an attack.

 

  • Prevent and Prepare

This applies to both your employees and you. Consider asking your IT team to educate the people on how to spot potential danger. The team can also offer advice on what to do in case of an attack.

 

  • Plan Your Response

An attack on your security system can also affect the reputation of your business. That makes it even more important to know how to discuss it with your clients, investors, and other stakeholders. You need to assure them that you can survive and recover from the unfortunate incident.

Cybersecurity attacks on small businesses may not make the news. That, however, does not make such attacks any less harmful and alarming. There is a real danger and you may just be the next victim. Before you lose any of the things you worked hard for, start protecting your business from malicious cyberattacks now.

Arming yourself for such battle is one of the most important business investments you can make. It can send a positive message to future investors too. A small business like yours can act like a big company and thrive. Efforts like this will pay off when investors looking to buy business Australia consider your company as an option.

Safeguarding your business from harm allows you to protect its value. For more tips on how to keep your business look good in the eyes of potential investors, reach out to our team. You can contact us through any of the following means: phone: 03 9226 9222, fax: 03 9078 6315 or email: info@nationalbrokers.com.au.

Confidentiality Agreement

In Consideration of the Vendor of the subject business, or any other business introduced to the Proposed Purchaser and their agent National Brokers Network (“the agent”) providing information to the Prospective Purchaser, the Prospective Purchaser agrees:

1. To keep all information provided confidential in respect to the subject business and any other business introduced to the Prospective Purchaser by the Agent.
2. That no information is to be disclosed by the Prospective Purchaser to any third party without consent by the Agent;
3. That it will not use for themselves. Or for others benefit, such information other than to Purchase the subject business or other business introduced by the Agent;
4. That any agreement to purchase the whole or portion of the business shall be exclusively through the Agent;
5. To immediately return to the Agent all such information and other details in written form including any drawings and any copies made of written information, notes, summaries or extracts of any document therefor if any when requested by the Agent;
6. Under no circumstances will the Prospective Purchaser make direct contact with the vendor of the subject business or other introduced business without the prior written consent of the Agent;
7. If the Prospective Purchaser breaches this agreement or buys the business direct from the Vendor, the Prospective purchaser is liable to and indemnifies the Agent for any and all losses the agent may incur including economic loss and loss of income.v

Client Signature (Sign on the box below)