Protecting your Small Business from Cyber Threats

With large corporations being targeted by cyber-attackers, more and more businesses are beginning to question their cyber security. While many small business owners may not believe they have enough valuable information or resources to be targeted, this is a common misconception. In fact, over 40% of small businesses have been victims of cybercrime, says the National Small Business Association. Therefore, it’s important to enhance your cyber security. Here are some ways you can protect your business in addition to securing an Albuquerque Cyber Liability Insurance policy.

First and foremost, it’s important to understand that if your business account is hacked, you are not protected under the FDIC as they only protect personal accounts. Furthermore, general liability insurance is not enough to protect you from the effects of cyber-attacks.

Take Action

Even the most advanced network security isn’t fool proof, so consider the following advice:

  • Use encryption and password protection software to deter hackers.
  • Put firewalls on your routers and servers.
  • Educate yourself and your staff on what to look for in a data breach.
  • Invest in a backup system so that if you do suffer a data breach, you don’t lose all of your important information.
  • Passwords should include numbers, symbols, and capital letters to make it stronger. Further, encourage employees to change passwords every two to three months.
  • Create a response plan so that you can minimize losses in the event you do suffer a breach.

At Daniels Insurance, Inc., we offer specialized cyber security insurance in order to adequately protect your business. We understand the risks associated with breaches, which is why we will evaluate your risk and provide you with an unmatched, comprehensive policy that suits your needs. For more information, we invite you to contact us today at (855) 565-7616.

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