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In the last few years, businesses across the globe dealt with profit loss, productivity downfall, and switching customers due to security attacks. 

With the transition of businesses from the traditional to digital as the COVID-19 pandemic rampaged the world, many businesses deemed it necessary to protect themselves in the vulnerable environment of IT. 

A report by Kaspersky Security Network (KSN) for the year of 2021 revealed that the Philippines ranked 4th, globally as one of the countries mostly targeted with Web Threats.

Cyber Security in the Digital World (How to Protect Your Business Against Hackers)

Retrieved from ASEAN Cyberthreat Assessment 2021 

From banks, web applications up to your very own social sites, truly, no one is safe from cyber-threats. 

Thankfully, there are things you can do to safeguard your business from unforeseen attacks. Here are a few: 

Use Multi-factor Authentication

With transactions happening online, it is vital to ensure that the business applications used by your actual employees enable a Multi-factor Authentication. Since the work-setups existing today do not require us to always see each other around the clock, a verification process in signing-in is a good strategy to limit risks. 

If your business utilizes a Microsoft Cloud Application such as Microsoft Teams to connect and collaborate with your teams, then good for you! The platform consistently asks the user to provide a unique code that will be delivered through a text or call as part of its verification process in logging-in. 

Limit people from accessing and viewing a document 

There are data and documents too vulnerable when exposed outside your organization. Not only can it leak, but the information can be used against you

The sensitivity labels integrated in the Office Applications of Microsoft 365 (M365) empower safe teamwork and collaboration within and outside the organization. With the ability to organize a document in 3 ways: Public – Unprotected, Confidential – Internal, and Confidential – Recipients only, your employees can work with ease knowing that they can encrypt documents to avoid unauthorized access. 

Learn about Microsoft’s Sensitivity Labels here. 



Invest in Anti-Phishing Protection Software

In some cases, no matter how much money and effort you devote to establishing a secured cyberspace for the organization. Some cyber-attacks happen because of a human mistake. 

Considered as the most exploited cyberthreat is phishing. It tricks you to believe that a certain email or text is from a legitimate source, it would include fabricated website links that will call you to click. When you fall into this kind of trap, and believe what it says, sensitive data like your log-in info will be exposed opening a door for the attacker to gain access to the business network or account. 

A detailed report entitled ASEAN CYBERTHREAT ASSESSMENT 2021 by The International Criminal Police Organization (INTERPOL) shows that in the first quarter of the year 2020, Philippines placed 4th as the ASEAN country with the most phishing attacks against Small and Mid-size Businesses (SMBs). 


Software such as Bitdefender and Microsoft 365 Defender can help you mitigate phishing attacks and recognize if someone attempts to do so. 



Conclusion 

Cyber threats are continuously evolving, so it is not enough to limit your precaution by just updating your software. By educating yourself and investing in cyber securities, you can defend your business network from attacks and exploitation. 


Will you wait for cyber-attacks to occur and disrupt your operations? 






Sources: 

PH 4th among countries most targeted by web threats

ASEAN Cyberthreat Assessment 2021