The importance of security to small business

April 30, 2013

According to research commissioned by the UK Department for Business, Innovation and Skills (BIS), around 87% of small firms experienced security breaches last year. Because of these ongoing and persistent security breaches, companies are spending more and more on security to keep their businesses up and running - the same report estimated that UK companies spend up to 6% of their annual turnover on protecting their security.

That’s a lot of money, but there’s also a lot at stake. Here’s a list of bad things that can happen if your website is not secure:

It’s clear that security is not something that can be put off. All companies, big and small, need to think about their security from the moment they launch a website or online service.

There are several free and easy ways to start making your website more secure:

  1. Strong passwords: a combination of upper and lowercase, spaces, numbers and punctuation can be an effective first layer of defense. Creating distinct passwords for different accounts is also a must. This password strength checker can give some basic ideas of how good is your password.
  2. Choose your web hosting providers wisely: being on a shared server is one big security risk. Chances of security breaches are multiplied by the number of websites carried by the server, and that is a pretty big number. Look for web hosting providers that understand security. Choosing a isolated or private hosting package is even better.
  3. Do not forget to update: online security is not static - it’s constantly changing. Software updates usually contain bug fixes and security patches.