Cybersecurity Basics: How to Safeguard Your Firm in an Evolving Digital Landscape

by Patrick Boyd, Chief Operating Officer

Passwords

First, make sure you have strong passwords in use. You hear this mantra a lot, but it’s worth repeating. Use strong and complex passwords with a mix of the four elements (upper case, lower case, numbers, and symbols) with minimum lengths. We recommend 12 characters or more as a minimum.

MFA

Multi-factor authentication has become a global standard. It combines something you know (your password) with something you have (your phone) to provide a barrier to would-be criminals. It only adds a few seconds to your login/access process but provides a big wall of security.

Patching

Computers (and phones) are not appliances as much as we think of them that way. They need updates. Software was written by humans and humans make mistakes. Routine patching helps make sure your systems are current and protected. Think of it like a well-maintained vehicle: It’s going to run better and handle challenges better if it’s in good working order.

Bad actors will try to get it. It’s a fact. Consider a Security Information and Event Management (SIEM) tool ideally backed by a team of professionals who can actively monitor risks and in real-time, respond to risks.


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