Key Security Considerations for Business Leaders

Data breaches and cybersecurity have become crucial topics for businesses in Asia Pacific, especially with the rise of ransomware attacks. The cost of a ransomware attack can be significant, with a global economic impact of over $20 billion. Furthermore, negligence, misuse, or lack of adequate protection of user data can result in class action and consumer group-led lawsuits against businesses. In this article, we will discuss three key things that business leaders should keep in mind when implementing cybersecurity measures.

Emphasize the importance of cybersecurity training for all

Any member of an organisation can lead ransomware into the system through an infected email, email attachment, or application. Therefore, it is essential to provide thorough, regular, and up-to-date training on best cybersecurity practices for all employees, regardless of their roles.

Keep anti-virus and malware software updated

Up-to-date anti-virus and malware software can help catch and eliminate the most common ransomware payloads. Regular updates are necessary to keep the systems clean and minimise downtime and interruptions.

Have a secure backup ready

In case protections fail, having a secure and reliable backup can help restore the system and save the business from downtime, data loss, and costly ransoms. Veeam’s ransomware protection is an example of a system that can restore data and systems while adhering to compliance standards, providing real-time updates and alerts, and scanning files for malware before restoring the system.

Conclusion

Data breaches and ransomware attacks are significant threats to businesses in Asia Pacific. Business leaders should take necessary cybersecurity measures, including providing training for employees, keeping anti-virus and malware software updated, and having a secure backup ready. With the right infrastructure and training, companies can sufficiently prepare and defend themselves against these threats moving forward.