Data Security for Small and Medium Entreprises, Impact and what they can do to improve the security posture in their organization: 1. Impact of a data breach 2. Misconception about cybersecurity a. Small Businesses are too small to be a target b. An antivirus software & firewall is enough c. Using the cloud is less secure d. The cost of Cybersecurity solutions is too high 3. Key steps to do to improve overall cyber security

1. Data Security for
MSME
June 3, 2022
Young Indian, CII
Hilton Hotel, Jaipur

2. Deepak Gupta
Co-founder / CTO
LoginRadius Inc.
• India’s Only Identity Solution Provider
• Offices: Jaipur, Hyderabad
• Venture backed by Microsoft
• Managing over 1 Billion Digital Identities
• Recognized as a leading vendor by Gartner,
Forrester and KuppingerCole

3. Cybersecurity is the Biggest Threat to Brands

4. ● Operational Downtime
● Customer Trust
● Overall brand reputation damage
Impact from Cybersecurity Data Breach

6. Data Security Myths 1: Small Businesses are Too Small to Be a Target
● Lack in-house security experience
● Small business hacks rarely reach the news
● Adopt a proactive approach to cybersecurity
to secure your consumers and company data

7. Data Security Myth 2: An Antivirus Software + Firewall is Enough
● Antivirus software mostly detects threats
● No single security layer will be able to
protect you from all threats
● Traditional antivirus software cannot detect
these threats, leaving users' websites
vulnerable to infection
● Invest in automated website screening
solutions to combat these risks

8. Data Security Myths 3: Using the Cloud is Less Secure
● Security is a long-standing worry with cloud
services when compared to firms that
manage their hardware
● With cloud services, small businesses are
certainly relieved of the need to constantly
monitor new security patches or upgrades
● Using Cloud-based solutions for Email
(gsuite), Servers (AWS), Accounting, etc. will
improve the security

9. Data Security Myths 4: The Cost of Cybersecurity Solutions Is Too
High
● Cybersecurity solutions are simply too
expensive to employ
● Your company does not need to spend a lot of
money on cutting-edge technologies to protect
your data.
● You can use simple and cost effective tools such
as Gsuite, Password Manager, Cloud-based
finance and accounting software

11. Small steps towards cybersecurity
● Categorize the Data: Classify your data according to its sensitivity level so you can take
necessary security precautions.
● Team Training: Educate every employee at every level of the organization on their role in
helping to protect all corporate data.
○ ex: Before entrusting someone with managing your social media, website, network, and so
on, make sure they understand your usage expectations and cybersecurity best practices.

12. Small steps towards cybersecurity
● Implement basic cybersecurity policies and procedures:
○ Limiting administrative and access privileges
○ Enabling multi-factor or 2-factor authentication
○ Training employees to recognize malicious emails
● 3rd Party Vendor Compliance: Make sure that any software vendor you use should have basic
security compliances such as ISO 27001

13. Thanks
Contact - guptadeepak.com