How to know if you have a good security strategy in place

As a small business owner, you may feel confident that you have a great security strategy in place. Or perhaps you don’t. Either way, the only way to know if your security strategy is effective is to test it.

A screen displays various lines of code.
As discussed in previous posts, the size of your business does not matter to hackers. Whether you’re a small startup or a large corporation, it is necessary to have a solid and effective security strategy in place. But how do you know if your current security is good enough? And if it’s not, what steps should you take next?

There are many ways to test your cyber security. However, the two most common options that businesses use are vulnerability assessments and penetration testing.

Defined by BeyondTrust, vulnerability assessments “refers to the process of identifying risks and vulnerabilities in computer networks, systems, hardware, applications, and other parts of the IT ecosystem.” This process is often achieved through vulnerability scanners and software.

Another great way to test your current security for any weaknesses is with a penetration test (pen test). An article by The Hacker News defines a penetration test as “a simulated cyberattack on your business. However, it is carried out by the “good guys.”

Both of these methods not only assess your current security but also provide a plan with steps on how to fix, patch, and better your security. Furthermore, depending on the type of business you run and the type of data you store, you may only need to employ one of these methods to ensure proper cyber security measures.

Nonetheless, these are all great ways to prevent and improve your security strategy. But regardless of whether or not you have an effective security strategy in place, you will eventually experience a data breach. The best way to cover the many expenses of a data breach is with cyber security insurance. To stay protected, learn more about our Cyber Advantage Plan.

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