Cybersecurity has become a critical foundation upon which many aspects of business rely. Whether you are a large enterprise or small business, network security is a must. Cyberattacks can have long-term consequences. This is where Secure by Design practices come in.

The frequency and sophistication of cyberattacks continue to increase. In 2022, IoT malware attacks saw a sobering 87% increase. Attack volume is also ramping up due to the use of AI.

It is essential to shift from a reactive to a proactive cybersecurity approach. One such approach that has gained prominence is "Secure by Design" practices.

International partners have taken steps to address commonly exploited vulnerabilities. A recent advisory highlights Secure by Design principles. This collaborative effort underscores the global nature of the cybersecurity threat landscape as well as the need for coordinated action to protect critical infrastructure.

In this article, we will explore what it takes to put in place Secure by Design principles and explain why they are paramount in today's cybersecurity landscape.

Today’s Modern Cyberthreats

Cybersecurity threats have evolved significantly over the years. Gone are the days when just installing an antivirus could protect your computer. Today cybercriminals use highly sophisticated tactics. The potential impact of an attack goes far beyond the inconvenience of a virus. 

Modern cyber threats encompass a wide range of attacks including:

1. Ransomware: Malware that encrypts your data and demands a ransom for decryption. One of the most costly attacks for businesses.
2. Phishing: Deceptive emails or messages that trick you into revealing sensitive information. Eighty-three percent of companies experience a phishing attack each year.
3. Advanced Persistent Threats (APTs): Long-term cyberattacks aimed at stealing sensitive data.
4. Zero-Day Exploits: Attacks that target vulnerabilities not yet known to software developers.
5. IoT Vulnerabilities: Hackers exploit vulnerabilities in Internet of Things (IoT) devices to compromise networks.

These evolving threats underscore the need for a proactive approach to cybersecurity. Instead of reacting to attacks after they occur, you want to prevent them from happening.

What Is Secure by Design?

Secure by Design is a modern cybersecurity approach. It integrates security measures into the very foundation of a system, app or device. It does this from the start.

It is about considering security as a fundamental aspect of the development process rather than including it as a feature later.

How can businesses of all types translate this into their cybersecurity strategies? There are two key ways:

1. When purchasing hardware or software, ask about Secure by Design. Does the supplier use these practices? If not, you may want to consider a different vendor.
2. Incorporate Secure by Design principles into your own business such as when planning an infrastructure upgrade or customer service enhancement. Put cybersecurity at the center instead of adding it as an afterthought.

Key principles of Secure by Design include:

1. Risk Assessment: Identifying potential security risks and vulnerabilities early in the design phase.
2. Standard Framework: Maintain consistency when applying security standards by following a framework such as CIS Critical Security Controls, HIPAA or GDPR.
3. Least Privilege: Limiting access to resources to only those who need it for their roles.
4. Defense in Depth: Implementing many layers of security to protect against various threats.
5. Regular Updates: Ensuring that security measures are continuously updated to address new threats.
6. User Education: Educating users about security best practices and potential risks.

Why Secure by Design Matters

Understanding and implementing Secure by Design practices is crucial for several reasons:

Proactive Security

Traditional cybersecurity approaches are often reactive. This means they address security issues after they have occurred. Secure by Design builds security measures into the very foundation of a system. This minimizes vulnerabilities from the start.

Cost Savings

Addressing security issues after a system is in production can be costly. The same is true for trying to address them near the end of a project. By integrating security from the beginning, you can avoid these extra expenses.

Regulatory Compliance

Many industries are subject to strict regulatory requirements for data protection and cybersecurity. Secure by Design practices can help you meet these compliance standards more effectively. It reduces the risk of unknowns that end up costing you in fines and penalties.

Reputation Management

A security breach can severely damage your organization's reputation. Implementing Secure by Design practices demonstrates your commitment to protecting user data. It can also enhance trust among customers and stakeholders.

Future-Proofing

Cyber threats continue to evolve. Secure by Design practices help ensure that your systems and applications remain resilient. Especially against emerging threats.

Minimizing Attack Surfaces

Secure by Design focuses on reducing the attack surface of your systems. Using it helps in identifying and mitigating potential vulnerabilities. You mitigate threats before a hacker exploits them.

Need to Modernize Your Cybersecurity Strategy?

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Cybercriminals can launch very sophisticated attacks. It is often cybersecurity mistakes that enable most breaches. This is especially true when it comes to small and mid-sized businesses (SMBs).

Small business owners often don’t prioritize cybersecurity measures. They may be just fully focused on growing the company. They think they have a lower data breach risk or they may think it is an expense that they can’t bear.

However, cybersecurity is not only a concern for large corporations. It is a critical issue for small businesses as well. Small businesses are often seen as attractive targets for cybercriminals. This is due to many perceived vulnerabilities. 

Fifty percent of SMBs have been victims of cyberattacks. More than 60% of them go out of business afterward.

Cybersecurity doesn’t need to be expensive. Most data breaches are the result of human error. That is actually good news. It means that improving cyber hygiene can reduce the risk of falling victim to an attack.

Are You Making Any of These Cybersecurity Mistakes?

To address the issue, you need to first identify the problem. Often the teams at SMBs are making mistakes they don’t even realize. Below are some of the biggest reasons small businesses fall victim to cyberattacks. Read on to see if any of this sounds familiar to your company.

1. Underestimating the Threat

One of the biggest cybersecurity mistakes of SMBs is underestimating the threat landscape. Many business owners assume that their company is too small to be a target. This is a dangerous misconception. 

Cybercriminals often see small businesses as easy targets. They believe the company lacks the resources or expertise to defend against attacks. It is essential to understand that no business is too small for cybercriminals to target. Being proactive in cybersecurity is crucial.

2. Neglecting Employee Training

When was the last time you trained your employees on cybersecurity? Small businesses often neglect cybersecurity training for their employees. Owners assume that they will naturally be cautious online.

The human factor is a significant source of security vulnerabilities. Employees may inadvertently click on malicious links or download infected files. Staff cybersecurity training helps them:

• Recognize phishing attempts
• Understand the importance of strong passwords
• Be aware of social engineering tactics used by cybercriminals

3. Using Weak Passwords

Weak passwords are a common security vulnerability in small companies. Many employees use easily guessable passwords. They also reuse the same password for several accounts. This can leave your company's sensitive information exposed to hackers.

People reuse passwords 64% of the time.

Encourage the use of strongand unique passwords. Consider implementing multi-factor authentication (MFA) wherever possible. This adds an extra layer of security.

4. Ignoring Software Updates

Failing to keep software and operating systems up to date is another mistake. Cybercriminals often exploit known vulnerabilities in outdated software to gain access to systems. Small businesses should regularly update their software to patch known security flaws. This includes operating systems, web browsers and antivirus programs.

5. Lacking a Data Backup Plan

Small companies may not have formal data backup and recovery plans. They might mistakenly assume that data loss won't happen to them. However, data loss can occur due to various reasons. This includes cyberattacks, hardware failures or human errors.

Regularly back up your company's critical data. Test the backups to ensure they can be successfully restored in case of a data loss incident.

6. No Formal Security Policies

Small businesses often operate without clear policies and procedures. With no clear and enforceable security policies, employees may not know critical information such as how to handle sensitive data or how to use company devices securely or respond to security incidents. 

Small businesses should establish formal security policies and procedures as well as communicate them to all employees. These policies should cover things like:

• Password management
• Data handling
• Incident reporting
• Remote work security
• Other security topics unique to your type of business

7. Ignoring Mobile Security

As more employees use mobile devices for work, mobile security is increasingly important. Small companies often overlook this aspect of cybersecurity.

Put in place mobile device management (MDM) solutions. These enforce security policies on company and employee-owned devices used for work-related activities.

8. Failing to Regularly Watch Networks

SMBs may not have IT staff to watch their networks for suspicious activities. This can result in delayed detection of security breaches.

Install network monitoring tools or consider outsourcing network monitoring services. This can help your business promptly identify and respond to potential threats.

9. No Incident Response Plan

In the face of a cybersecurity incident, SMBs without an incident response plan may panic. They can also respond ineffectively.

Develop a comprehensive incident response plan. It should outline the steps to take when a security incident occurs. This should include communication plans, isolation procedures and a clear chain of command.

10. Thinking They Don’t Need Managed IT Services

Cyber threats are continually evolving. New attack techniques emerge regularly. Small businesses often have a hard time keeping up. They believe they are “too small” to pay for managed IT services.

Managed services come in all package sizes. This includes those designed for SMB budgets. A managed service provider (MSP) can keep your business safe from cyberattacks as well as save you money at the same time by optimizing your IT.

Learn More About Managed IT Services

Don’t risk losing your business because of a cyberattack. Managed IT services can be more affordable for your small business than you think.

Give us a call today to schedule a chat.

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