For contractors, addressing cyber risks is crucial for the success and security of your company. These cyber risks include ransomware, phishing attacks, data breaches, and weak passwords.
We know, contractors like you rely heavily on technology to streamline operations, communicate with clients, and manage projects. The way that contractors like you communicate with several project stakeholders in a digital setting to bid on and complete work sets you apart from many other businesses. Contractors, rather than professional service providers, you retain the primary responsibility for the source of systems and software that are incorporated into a building or other type of infrastructure through design-build and other alternative contract delivery methods.
However, with these technological advancements come significant cyber risks that can jeopardize your business’s security and reputation. In this blog, we’ll break down what cyber risks contractors face and provide simple steps you can take to safeguard your business.
Understanding Cyber Risks
Phishing Attacks
Cybercriminals often send deceptive emails or messages that appear legitimate to trick you into sharing sensitive information or clicking on malicious links.
Ransomware
This is a type of malicious software that can lock you out of your own systems until you pay a ransom. It can lead to data loss, disruption of operations, and financial harm.
Data Breaches
Hackers target contractors to steal valuable client and employee data, such as personal information and financial records.
Weak Passwords
Using easily guessable passwords makes it easier for cyber attackers to gain unauthorized access to your systems.
Protecting Your Business
Educate Yourself and Your Team
Train yourself and your employees to recognize phishing emails and suspicious online behavior. Regularly conduct workshops to enhance cybersecurity awareness.
Use Strong Passwords
Create strong, unique passwords for all accounts. Use a mix of upper and lower case letters, numbers, and symbols. Consider using a reputable password manager to keep track of your passwords securely.
Update Software
Keep your operating systems, applications, and antivirus software up to date. Updates often include patches that fix vulnerabilities.
Backup Data Regularly
Regularly backup your important data to an external hard drive or cloud storage. This ensures you can recover your information in case of a cyber attack.
Secure Wi-Fi Networks
Set up a secure Wi-Fi network with a strong password. Avoid using public Wi-Fi networks for sensitive business activities.
Implement Multi-Factor Authentication (MFA)
Enable MFA for your accounts whenever possible. This adds an extra layer of security by requiring multiple forms of verification to access your accounts.
Install Firewall and Antivirus Software
Invest in reliable firewall and antivirus software to prevent unauthorized access and detect malware.
Encrypt Sensitive Data
Use encryption tools to protect sensitive data during transmission and storage. Encryption converts information into a code, making it unreadable to unauthorized users.
Limit Access
Grant access to sensitive information only to those who require it for their roles. Regularly review and revoke access when it’s no longer needed.
Create an Incident Response Plan
Develop a clear plan outlining steps to take in case of a cyber incident. This will help you minimize damage and recover quickly.
We understand, it’s sometimes easy to overlook cybersecurity because you think its not vital for every business. For contractors, addressing cyber risks is crucial for the success and security of your company. By implementing these simple yet effective cybersecurity practices, you can significantly reduce the chances of falling victim to cyber threats. Remember, staying vigilant and proactive in safeguarding your digital assets is key to protecting your business and maintaining the trust of your clients and partners. If you want to make sure that you are secured and help is available at all times, you can always rely on a reputable cybersecurity company.
Here at Intelecis, our business is to keep your business safe and secured from hackers. We have top of the line technology to help you prevent and fight these cyber risks. Apart from that, we have fast and friendly cybersecurity experts who will be available to you 24/7 in case of an incident. Every company is unique, that’s why we will thoroughly assess your business to tailor the services that best fit your needs. For a world class cybersecurity for your business, talk to us today!
