Start-Up Secure. Chris Castaldo

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Start-Up Secure - Chris Castaldo

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You are completely reliant on your cell phone provider's network to provide security of your message. However, when it is transmitted it is unencrypted and you have no confirmation if it has been intercepted or even modified.

      It is critical to understand the difference between free and paid versions of the same product as well as to read through the terms of service. Most of these platforms encrypt data when it travels over the Internet but may not store it in an encrypted state. The ability to scroll back to the very first message is convenient but also comes at a risk cost of that data being stored somewhere, possibly encrypted. And if that service provider suffers a data breach, it could reveal your chat logs. If it is critical to have total confidentiality and integrity over the messages or data you need to share, then don't use chat platforms.

      Every year in those reports, the compromise of usernames and passwords are at the top of the list of initial causes of those data breaches. You should treat your usernames and passwords (i.e., credentials) as you would your new amazing start-up intellectual property. Protect them at all costs. Many of the services I discuss in this book provide extra layers of security you can enable called multi-factor authentication (MFA).

      The use of MFA is a business requirement today and can drastically reduce, if not eliminate, the possibility of someone that has stolen or guessed your credentials from logging into your account. There are various forms that MFA can come in; a text message is one of the most popular capabilities. However, as we have already discussed, text messages can be insecure.

      Multi-factor authentication requires you to enter an additional piece of information when you log in with your credentials. You might even already use a feature like this with your bank where you receive a code via text message that you have to enter to complete the login process. While not all services you use will have this capability, you should enable it immediately, especially if you are like 80% of users that reuse passwords across many sites.

Photo depicts Yubikey Product Line.

      Source: https://www.yubico.com

Photo depicts Google Titan Security Keys.

      Source: https://cloud.google.com

      Starting a business requires a lot of data and documentation and collaboration on that data and documentation. Whether you are developing the next mobile app to disrupt the housing market or developing a new fireproof fabric, the information and intellectual property surrounding that must be secured. Hundreds of platforms exist for collaboration, which I can't discuss at length in this book.

      However, I will discuss some of the more popular platforms for sharing data. Some of the most common are Dropbox, Box, Google Drive (part of Google Workspace) and Microsoft OneDrive (part of Microsoft O365). You've probably noticed by now that encryption and access are key components to protecting information. When storing that data you should encrypt it if possible. There are many solutions that have the ability to encrypt files you store in those file-sharing tools and share with your team in an even more secure manner. This doesn't always scale but can help protect your sensitive information early on. Additionally, this level of file-based encryption should be kept for only the most sensitive data to maintain efficiency of your start-up.

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