Cutting-edge technology and innovative solutions have digitally transformed the way financial services operate. However, with the increased use of technology, these companies are also susceptible to cyber attacks.
Therefore, these organisations are placing a lot of emphasis on the adoption of robust cybersecurity strategies.
If you operate a financial firm and are looking for ways to boost your cybersecurity infrastructure, here are a few strategies you can adopt to ensure your organisation’s digital security.
Controlled Data Access
You should take all the measures you can to protect your financial firm from unwanted external threats; however, you should also ensure protection from internal breaches.
It is important to have monitored systems and support so that you know who is accessing critical data and whether they have the required security clearance to access such information.
You can restrict the access of sensitive information to selected employees. Furthermore, you can and should implement a mechanism to immediately terminate access rights for employees who no longer work for your company.
Robust Security Policies
Risky web browsing or access to restricted websites can open the door for cyber attacks. Furthermore, saving passwords without encryption is also risky as it makes it easier for criminals to get access to your passwords.
Therefore, it is important to make use of resources such as LastPass, which is a password manager that encrypts your passwords before storing them online.
Consult a cybersecurity specialist who can implement End Point security that will help to secure your end-user devices such as desktop computers, laptops and work mobile phones.
You should also look at security products from WatchGuard that can help you to build a robust cybersecurity plan. Alternatively, enlist a managed IT services provider such as VIXTRO to help install such services for your business.
Backup And Disaster Recovery Plan
An important aspect of a strong cybersecurity mechanism is having an updated backup and disaster recovery plan.
Failing to back up critical business data can have devastating effects on your organisation. It’s important to have a backup and disaster recovery plan to ensure the continuation of your business operations.
Consult a cybersecurity expert such as VIXTRO, who can help you to implement a robust cybersecurity plan that contains automatic updates of your security software and constant reporting of potential cyber threats.
You can ensure the security of your financial firm by engaging with expert IT professionals who can provide a tailored IT infrastructure security program suited to the unique needs of your business.
VIXTRO is a professional IT consulting firm in Melbourne with experience in devising customised solutions for clients in the finance industry.
Their wide range of services includes IT cybersecurity, business VoIP services and Cloud deployment. Contact them for further information or visit their website to learn more about their products and services.
