Photo by Aytac Unal/Anadolu via Getty Images

The Paris 2024 Olympics weren’t just about record-breaking performances and unforgettable moments; they were also a masterclass in cybersecurity. With millions of eyes on the event, it was a prime target for cybercriminals. But, thanks to some seriously next-level security measures, the games went off without a hitch. 

Today, having your small business digital ready is pretty much a requisite. However, with more and more business being conducted online – including the way we handle finances – cyber attacks are becoming a growing concern. Something as seemingly simple as a compromised email address led to a total of $2.7 billion loss in 2022. 

For startups, the cybersecurity playbook used at the Olympics is more than just interesting – it’s essential! Here’s why the way Paris handled tech security should be on everyone’s radar.

🔐 Preparation is Everything

Paris organizers didn’t wait for threats to emerge – they anticipated them. From reviewing cyberattacks on the Olympics in the past two decades to hiring ethical hackers, conducting “war games,” and setting up a Security Operations Center (SOC) to keep an eye out for potential attacks, going so far as implementing a zero trust principle. Startups can take a page from this playbook by conducting regular security audits, penetration testing, and having a solid incident response plan ready to go.

🔐 Leverage Advanced Technologies

The Olympics showcased the power of AI in cybersecurity. With the rise of cyber attacks using AI, they turned the tables around with tools like generative AI to detect and respond to threats in real time. For startups, embracing AI and machine learning can be a game-changer because these technologies can help detect threats faster and automate responses, reducing the workload on your team and boosting overall security.

🔐 Collaboration is Key

The Olympics highlighted the importance of collaboration in cybersecurity. French authorities worked closely with international cybersecurity firms and government agencies to protect the event. Startups should consider forming partnerships with cybersecurity firms or joining networks that offer shared threat intelligence and best practices. In cybersecurity, you don’t have to go it alone.

🔐 Educate Both Your Team and Your Users

Phishing and social engineering attacks are on the rise, as seen during the Olympics. The best defense is a well-informed team – because failure is not an option. Regular training and awareness programs can help your employees and customers recognize and avoid these threats, minimizing the risk of human error.

🔐 Build Resilience

The Olympics relied heavily on IT infrastructure, making resilience a top priority. Startups can do the same by ensuring their systems are robust. This means having regular backups, a disaster recovery plan, and a clear protocol for restoring services if an attack occurs.

The Paris 2024 Olympics proved that when it comes to cybersecurity, preparation and innovation are non-negotiable. For startups, taking these lessons to heart isn’t just a good idea – it’s crucial for survival in today’s digital world. If the Olympics can fend off cyber threats on a global stage, your startup can too. 

Start building a cybersecurity strategy that’s worthy of the gold. Book a mentor session today to gain more insights into how you can build one that’s aligned with your business. 

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