Cybersecurity: 6 simple practices to strengthen your business

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Cybersecurity: 6 simple practices to strengthen your business

At Munro Benge, we spend a lot of time helping clients protect the future of their businesses through good financial planning, smart systems, and long-term strategy. But there’s one area we’re talking about more and more: cybersecurity.

Cyber attacks aren’t just a problem for big corporates. In fact, small and medium-sized businesses are increasingly targeted, often because they lack the time or resources to put solid protections in place. And the financial consequences can be significant.

If you’re serious about safeguarding what you’ve built, your cybersecurity strategy should sit right alongside your financial one.

Here’s what we’re encouraging clients to look at and why it matters.

Why cybersecurity belongs in your financial plan

Cybercrime can hit your business in multiple ways:

  • Financial loss through fraud or ransomware

  • Disruption from system outages and recovery work

  • Reputational damage that can affect future revenue

  • Legal or compliance issues if client data is compromised

What begins as an email or a software bug can quickly become a serious drain on time, money, and energy. Prevention often costs far less than dealing with the fallout.

Six simple practices to strengthen your business

1. Turn on multi-factor authentication
This adds another step to logging in, making it harder for attackers to access your systems, even if passwords are stolen.

2. Control access and user permissions
Make sure staff only have access to what they need. Remove access when someone leaves the business, and review admin privileges regularly.

3. Keep software and backups up to date
Cyber threats often exploit old software or missing updates. Run regular updates and make sure your backups are secure and recoverable.

4. Use a password manager
Strong, unique passwords are critical. A password manager helps your team create and store them securely, without needing to remember them all.

5. Train your team to spot scams
Phishing emails are one of the most common threats. A little awareness training goes a long way in helping staff know what to look out for.

6. Have a basic response plan
Know who to contact, how to isolate affected systems, and what steps to take if an incident happens. Planning ahead reduces panic if something goes wrong.


It’s about more than IT

Cybersecurity is not just an IT problem. It is a business issue, and increasingly, a financial one.

Insurers are now asking for proof of your cyber measures before offering coverage. Customers and suppliers are paying closer attention to how data is handled. And if your systems go down or data is lost, the cost to recover can be high.

Planning for cybersecurity is part of building a resilient business. It’s not about fear, but about being proactive, informed, and ready.

Let’s strengthen your business from the inside out

We know that many business owners feel unsure about where to start. You don’t need to have all the answers, but you do need a plan.

At Munro Benge, we help clients make confident, future-focused decisions. That includes reviewing risks, protecting what matters, and making sure your financial and operational strategies are working together.

Let’s have a conversation about how to make cybersecurity part of your bigger picture.

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