Did you know that 43% of cyber attacks target small businesses? (Source)
Here’s some tips for protecting your business against cyber threats.
Assess Your Risks
Every business is vulnerable to cyber attacks. Conduct an assessment to discover security loopholes, such as outdated software and weak passwords. Develop a plan to address these issues for a stronger and safer business.
Dos and Don’ts of Online Security.
Dos:
- Before downloading an app, check its reviews, developer, and permissions to verify its legitimacy.
- Regularly update your operating system and programs to patch vulnerabilities.
- Create backups of critical data and applications, and store them securely.
- Avoid using the same password for multiple accounts and create strong, unique passwords.
- Avoid conducting sensitive transactions over public, unsecured Wi-Fi networks.
- Keep your email lists healthy and clean out all inactive addresses for good email hygiene.
Don'ts:
- Click on unknown links or attachments as this can lead to malware infection.
- Share sensitive information or login credentials.
- Overlook email addresses to avoid phishing traps and scams.
- Ignore security updates or have outdated antivirus software, firewalls, and operating systems.
- Ignore security warnings or alerts on your system.
Cyber Insurance: An extra layer of protection
Cyber insurance policies protect your business from financial wipeouts during cyber attacks and ensure peace of mind. They may cover losses such as:
- Business interruption costs
- Theft
- Extortion
- Investigations
- Legal expenses
Want to learn more about cyber insurance policies? We’re here to help! Call us at (902) 481-0700 to understand various coverage options and find the policy suited to your business needs.