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Cyberattacks – More than Just A Buzzword

30 November 2018 Insurance

You’re hearing it everywhere, more and more businesses are the victims of cyber attacks. While cyber security may seem like a daunting process, protecting your business should be a top priority. There are many simple things businesses can do to keep your offices, and client data safe from costly cyber attacks.

Here are a few steps you can take:

Protect Sensitive Data

  • Limit the number of people who have access to sensitive information. Section off parts of your network to only those who need access to your most sensitive data.
  • Practice a clean desk policy to ensure important documents are put away when employees are away from their desk, this also including locking their computer when they step away.
  • Limit network access on computers in public areas such as the reception desk
  • Conduct routine audits to ensure people are following security protocol

Limit portable and Technology and Wi-Fi

Laptops and smartphones are convenient but are also the perfect point of entry into your company’s IT system, especially when connected to Wi-Fi. Off the shelf security in those devices isn’t enough to protect your important data.

Train your staff to:

  • Limit the use of personal laptops and smartphones for work related activities
  • Never leave portable devices unattended.
  • Add password protection and time out feature that locks the device after a set amount of time
  • Refrain from using public Wi-Fi for work related items. This means employees who work from home should be required to have a private, password protected Wi-Fi network. Coffeeshops, Airports and other public Wi-Fi is highly hackable and employees should not use it to access sensitive business data.

Only Do Business With People You Trust

  • Carefully vet all employees professional and criminal backgrounds
  • Share the importance of data protection with employees frequently
  • Make sure suppliers and vendors with access to your information are fully protected and follow your security standards
  • Verify you are legally protected if a supplier misuses confidential data and that supplier has insurance so cover the breach

Protect All Software and Hardware

Prevent viruses, and other digital risks by installing security programs such as:

  • Anti-Virus
  • Anti-Spyware
  • Anti-Phishing
  • Anti-Ransomware
  • Firewalls

When you want to access your network remotely, the best way to proceed is via Virtual Private Network. A VPN uses dynamic passwords generated by VPN tokens and requires a two-step authentication that is essential for secure access. And although you’ve heard it before, it bears repeating: don’t forget that all your passwords should be changed on a regular basis.

Also, make sure you have solid policies in place to dispose of old technology. You should certainly not rely solely on the “trash” or “delete” button on any device. The foolproof solution is to physically destroy the devices, especially the memory cards.

Backup EVERYTHING

We cannot stress enough how important it is to back up your files and software. This is going to be your safety line if you are ever the victim of a cyber attack. And of course your backups protect you from accidents, like deleting a critical file by mistake.

Your company should create a formal schedule for backups and you should always have two or more copies, and one should be stored offsite or in a secure cloud based storage.

When it comes to cyber security you can never be to careful. Many companies are now protecting themselves with Cyber Insurance. We can help businesses of all sizes get coverage for their data. Connect with an expert today.