Since many businesses have recently established “work from home” arrangements for their employees due to COVID-19, the threat to technology systems has increased. As businesses become more reliant on remote network connections, cyber criminals are finding new opportunities to target systems and take advantage of people.
A data breach can be devastating for a business and can severely impact its long-term financial viability. it is important that businesses be prepared.
A network’s greatest vulnerability is often its own employees. People working remotely must be more vigilant than ever. Here are some things you can do to protect your business:
Even with security measures in place, businesses are still vulnerable to network security and privacy breaches. Businesses need to be prepared by protecting their assets and acting quickly to mitigate loss. Here are a few things you can do to ensure you are prepared:
Most businesses have an insurance policy that will cover risks such as damage to property and interruption to their business due to named perils or crime. However, traditional insurance policies typically exclude or provide only limited coverage for cyber-related exposures. Cyber liability insurance coverage provides you with access to resources and experts to help you mitigate loss from a cybersecurity incident, and give you peace of mind.
As businesses move their workforce to remote working environments, your current cyber policy may no longer cover certain risks. To ensure you are protected, check with your broker to confirm your coverage. Consider asking your broker: