How to Secure Your Company from the Start?

Over time, new technologies have emerged, and with them, the challenges of cyberattacks have made it difficult to keep a company secure. This is especially true for startups, where the risks can be daunting.

As the numbers and severity of cybercrimes increase, many companies are suffering financial losses. In 2021, the damage caused by cybercrime reached $6 trillion. Organizations worldwide are increasingly aware that investing in cybersecurity is essential to becoming a secure company.

So, today you will learn more about how to ensure your company is secure from the start, as well as tips on how to begin investing in information security and its benefits.

Importance of Investing in Information Security

It is common for some entrepreneurs, when starting their companies, to prefer focusing their investments on other areas of the business, neglecting information security. This is a significant drawback, as it leaves the company vulnerable even at the beginning of its operations.

To have a secure company from the outset, it is necessary to implement information security strategies in your business. Here are two actions to take as soon as you start your organization:

1. Invest in Information Technology: By investing in IT security, your company can prevent issues that may compromise its image, credibility, and financial sector.
2. Invest in Developing an Information Security Policy: An Information Security Policy is a document that outlines the rules and expectations related to security, from passwords to customer privacy, physical protection, and data classification.

Investing in cybersecurity methods is crucial for the smooth operation of your company and prevents cybercriminals from accessing the personal data of clients, employees, or the company itself. Thus, investing in information security helps ensure your company is protected against cybercrimes.

How to Protect Your Company from the Start

It is almost impossible to be entirely protected from digital risks and attacks. However, some measures can help keep your company safer by creating protective barriers against cybercrimes.

One of the first steps a company should take as it begins operations is to invest in information security to develop protection strategies. In addition to investing in this area, here are some methods to help protect your business from the start:

1. Keep Systems Updated: Updates are not just for interface improvements or new features. They are intended to implement revisions and fix identified flaws in the company's system.Most cyberattacks occur due to system vulnerabilities. Cybercriminals often look for small gaps to launch their attacks. For a new company, keeping systems updated is a simple yet essential action to prevent vulnerabilities.
2. Protect Your Data and Backup: Implementing a regular and managed backup procedure is one of the most critical actions for data protection.A backup is a copy of data from one storage device to another, aimed at restoring information if the original data is lost. Having this procedure from the beginning ensures you do not lose confidential information.
3. Monitor Systems and Networks: Monitoring is a cornerstone of cybersecurity. It involves continuously observing the security and quality of your network, inspecting applications and services through scans, tests, and tracking.Continuous monitoring is necessary because technology advances daily, bringing new vulnerabilities and attack methods. It is important to stay vigilant with your systems at all times.
4. Comply with LGPD: The General Data Protection Law (LGPD) came into effect in September 2021. This law was created to ensure companies understand the importance of protecting customer data, guaranteeing that they adhere to legal bases for using and sharing this information.Companies that do not implement necessary controls for cybersecurity may face fines of millions of reais in case of personal data breaches. Therefore, it is important to comply with this law from the start of your company.

Advanced Security with Bug Bounty

An effective way to incorporate advanced cybersecurity into your organization’s systems is through Bug Bounty.

Bug Bounty is a strategy that is increasingly standing out in the field of information security. It can be used from the beginning of your company.

The program allows specialists, also known as ethical hackers, to test your company’s system for vulnerabilities that could risk your business and users' protection. These experts perform their searches in exchange for rewards given to them when they find a bug in the company's systems.

BugHunt is Brazil’s first Bug Bounty company, offering bug reward services to organizations looking to enhance their cybersecurity to become more secure. Click here to contact us!