October is National Security Awareness Month; learn how to reduce your business’s cyber liability risks today.
The Internet can be a business’s greatest asset or it can be its worst enemy. While the Internet has revolutionized the business world, it is also host to some serious dangers. For instance, the financial cost of a single data breach is enough to shut down a business completely. If you own a business, then make sure you’re doing everything you can to minimize your business’s cyber liability risks. Here are some safety precautions you should take.
Precaution 1: Train Your Staff
One of the easiest ways to reduce your business’s liability risks is to make sure your staff understands the dangers the Internet poses. Online safety training is one of the best ways to educate your employees and teach them how they can keep your business safe. A good training program should include how to safely store and change login information, and should also cover the necessary safety protocols for working off personal devices.
Precaution 2: Check Your Security
Another way to protect your business is to make sure that your security protocols and systems are strong enough. All a hacker needs is a tiny crack in your security to gain access to all your business’s sensitive information. Make sure your security is rock solid by testing out different scenarios and seeing how your security holds up. If you notice any weaknesses, flag them and address them immediately. Your quick reaction time could prevent a major cyber liability threat.
Precaution 3: Update Your Router
Lastly, protect your business by making sure you’re using the right equipment. Many businesses operate using a consumer-grade router. While these routers are suitable for the day to day activities of a family, they do not provide the necessary security measures to protect a business. If a hacker gains remote access to a consumer-grade router, then they could gain access to every piece of information that passes through it. To minimize this risk, consider upgrading to a commercial-grade router. While on the pricier side, these routers offer the necessary security measures to keep hackers out.
Take these precautions to help reduce your business’s cyber liability risks. Another way to keep your business safe is to have the necessary commercial insurance coverage. To find the right policy for your business, contact the professionals at Weeks & Associates Insurance Services in Thousand Oaks, California. Our dedicated team is ready to assist you with all your insurance needs.