Cyber criminals don’t care what size your company is – any business can be the target of a cyberattack. Schools, hospitals, government entities, and companies in all fields are being attacked by malware and ransomware. Smaller companies are particularly vulnerable to attack since they’re typically unprepared and don’t take appropriate precautions.
Your employees can’t do their part to avoid a cyber attack unless they have the knowledge to do so. Simple precautions include not opening emails or attachments from someone they don’t know and changing their passwords frequently. It can also include posting reminders about encrypting data and holding regular workshops on cybersecurity.
Understand Sensitive Data
Depending on the nature of your business, it’s not just credit and debit card information you need to protect. It also includes the following:
- All communications
- Any data in use
- Business website
- Credit cards, debit cards and CCV numbers
- Data on non-business devices such as laptops, phones, home computers, memory cards and thumb drives that can be stolen
- Data that’s accessed, supplied or handled by third-parties
- Data subject to specific rules or regulations
- Digital backups
- Hard copies
- Human resources
- Social media accounts
- Voice mails
Protection against cyberattacks isn’t something that you install once and forget. Take the time to install the latest updates related to your security software. It’s essential that your security software conforms to industry standards and is compliant with appropriate regulations. That includes securing company phones, laptops and servers.
Partners and Platforms
You can take every precaution, but if the companies you do business with and their platforms aren’t safe, it opens you up for liability if their system is hacked.
It can be helpful to hire an IT professional specializing in cybersecurity to evaluate the measures you have in place and any potential risks.
Investing in cybersecurity insurance can mitigate losses from a wide variety of situations ranging from data breaches and business interruptions to damage to your network. Depending on the policy, it can cover the expenses associated with notifying affected individuals, losses from cyber extortion, computer fraud, illegal money transfers, and damage to your reputation.
For more information about how The Sena Group can help you with any
of your insurance needs, please contact us at 561-391-4661.
We can be found on Social Media at the following links.
The Sena Group
6501 Congress Ave., Ste. 100
Boca Raton, FL 33487