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When you look at all the ways that your data can be placed at risk, it can be pretty discouraging. As discussed in our last two blogs, data is at risk from bad actors, failed hardware, human error and external events largely beyond anyone’s control. However, there are a range of solutions, some of which can be money-saving, that can help mitigate risk. Here are four key areas on which to focus.

 

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We hear a lot of talk about data security because of the constant threat of cyber attacks and hacking. News of data breaches are extremely common. As a result, we are exceptionally concerned about the branding and reputation consequences of a data breach. However, there are other events which could occur that make our data inaccessible. It is important to know you are doing the best you can to protect against cyber attacks, ransomware and other forms of data theft, but data security goes beyond that. Instead, let’s look at data from a broader perspective.

 

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Disaster recovery is a basic element of good business continuity planning. Business continuity planning refers to the broad range of plans created so that a business–that includes veterinary practices–can continue to be operational no matter what negative event might occur. Business continuity planning addresses severe, catastrophic events, loss of the lead doctor, director, or other principals in the organization, severe natural disasters that incapacitate a physical location, etc. Disaster recovery planning is one piece of this broad planning. Specifically, disaster recovery plans refer to how to quickly recover from some event that compromises your IT infrastructure.

 

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We hear routinely in the news that a major corporation or government agency has had its data integrity compromised, with millions of pieces of personal data accessed. In these cases the criminals behind the attack hope to get money by selling that data to other criminals. In the case of ransomware, the criminals want your money, and try to get it by holding your data hostage. Plain, old fashioned kidnapping with a hi-tech spin.

What can you do to avoid falling victim?

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BYOD refers to a firm’s policy of allowing employees to use their own personal phones, tablets and laptops for all their work applications.This is a pretty common policy, and it has many benefits, but it brings along risks. How are you addressing these risks?

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Disaster recovery and business continuity plans are issues that almost all small businesses fail to think about. More frequently, they decide they haven’t the resources to address such “unthinkables.”

If your business was down for 1-2 days or more, what costs would you incur?

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Entrepreneurs and small businesses, especially ones that are fairly new, often don’t think about making plans to recover in case of a disaster. However, it is the smallest business that most likely has the fewest resources to fall back on in case of disaster.

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Many SMBs don’t realize it, but the path to some grand cybercrime score of a lifetime may go right through their backdoor. SMBs are commonly vendors, suppliers, or service providers who work with much larger enterprises. Unfortunately, they may be unaware that this makes them a prime target for hackers. Worse yet, this may be costing them new business.

Larger companies likely have their security game in check, making it difficult for hackers to crack their data. They have both the financial resources and staffing power to stay on top of security practices. But smaller firms continue to lag when it comes to security. In many cases, the gateway to accessing a large company’s info and data is through the smaller company working with them. Exposed vulnerabilities in security can lead cybercriminals right to the larger corporation they’ve been after.

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Technology is full of difficult jargon. To further complicate things, certain terms are often used in a different context between one publication or service provider and the next. An example of this is the usage of backup, disaster recovery, and business continuity. These terms are commonly used interchangeably, often resulting in confusion. In an effort to alleviate some of this confusion, let’s describe each physical process. You will see an overlay among all three, although they are each different processes.

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Small business owners are often worried about data loss. Rightly so, because data loss has the potential to wipe out a business. We have identified the most common forms of data loss so you can see how they fit into your business and assess the risks related to each of these pitfalls.

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