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10 ways to prevent a data breach and protect your small business Today, virtually all businesses collect personal information about customers, employees and others. This information is valuable to hackers – evidenced by the increasing frequency and severity of data breaches across the globe.Big businesses are not the only ones who are vulnerable. Small and medium-sized businesses with fewer data security resources are often targets for cybercriminals. In fact, research we’ve conducted with the Ponemon Institute shows that more than half have experienced a data breach and nearly three out of four report they can’t restore all their data.The good news is that businesses can take steps to protect themselves from destructive cyber intrusions. To preempt hacking activity, you must think like a hacker. Here are a few tips to get you started.1. Think beyond passwords. Never reuse them and don’t trust any website to store them securely. To increase the level of security, set up a two-factor authentication for all your online business accounts. This authentication relies on something only you should know (your password) and authenticates something only you should have (typically your phone) to verify your identity.2. Stop transmission of data that is not encrypted. Mandate encryption of all data. This includes data at “rest” and “in motion.” Consider encrypting email within your company if personal information is transmitted. Avoid using WiFi networks, as they may permit interception of data.3. Outsource payment processing. Avoid handling credit card data on your own. Reputable vendors, whether it’s for point-of-sale or web payments, have dedicated security staff that can protect data better than you can.4. Separate social media activity from financial activity. Use a dedicated device for online banking and other financial activities, and a different device for email and social media. Otherwise, just visiting one infected social site could compromise your banking machine and sensitive business accounts.5. “Clean house” and update procedures. Evaluate your assets and valuable data to identify where your organization is most at risk. It’s important to reduce the volume of information you keep on hand (only keep what you need!) and properly destroy all paper documents, CDs/DVDs and disks before disposal. Consider assessing your business’s email infrastructure, browser vulnerability, and ID system. Do not use Social Insurance Numbers as employee ID numbers or client account numbers. You should also question the security posture of …