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Embracing Passkeys: A Smart Move for SMEs 

In today’s digitalised business world, data security is a crucial concern for enterprises of all sizes. For Small and Medium Enterprises (SMEs), where resources may be tighter and vulnerability higher, adopting smart security measures such as passkeys becomes even more critical. 

Passkeys, or security tokens, serve as an additional layer of security, ensuring that only authorised individuals gain access to sensitive data. They typically work in conjunction with traditional username and password mechanisms, adding an extra step in the authentication process. This two-factor authentication technique is a powerful deterrent to cyber-attacks, significantly reducing the risk of unauthorised access. 

But how can SMEs integrate passkeys into their systems?  

For SMEs considering the implementation of passkeys independently, having a step-by-step plan can be immensely helpful.  

  1. Identify the Need: Recognise the specific areas in your business that need enhanced security. This could include customer databases, financial records, or proprietary technology. Once these are identified, passkeys can be implemented to guard these sensitive areas. This understanding forms the basis for the implementation process.  
  2. Select the Right Software: There are numerous security token software options available in the market. Do thorough research, read reviews, and choose a reliable software that fits your needs and budget.  
  3. Configure the System: Once the software is chosen, set it up to generate passkeys for the chosen areas. The setup process may vary depending on the software you’ve chosen.  
  4. Train Your Staff: Conduct training sessions for your team on how to use passkeys effectively. Make sure they understand the importance of these tokens and the role they play in safeguarding sensitive data. Ensuring that all staff are well-versed in the usage and benefits of passkeys is key to maximizing their effectiveness 
  5. Monitor and Update: Regularly monitor the effectiveness of the passkeys and keep the software updated to ensure optimal security.  

 

While implementing passkeys can significantly enhance your business’s security, it should be complemented with other security measures like firewalls and antivirus software for comprehensive protection – and this is where a security audit provides a valuable insight into your business’ risk profile. 

If this sounds like it is outside of your wheelhouse, consider enlisting the services of a professional cybersecurity firm such as Govern. Experts in this field, we can assist with the setup and maintenance of passkeys, and offer advice tailored specifically to your business’s needs. 

While the initial implementation may require time and resources, the long-term benefits in terms of increased security and peace of mind are well worth the investment.  

With cyber threats becoming increasingly prevalent, it is crucial for SMEs to take proactive measures to protect their valuable information. Passkeys are a simple yet effective tool that all businesses should consider utilising.