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Cyber Threat - Top 10 Tips for Businesses - Online Security

Cyber risks are now a fact of life in a world of information and information systems. Any personal and employee information, credit-card data and an organisations’ intellectual property are all targets for cyber criminals.

These risks coupled with the changes in EU legislation it is now time for businesses to take this threat seriously and work to ensure that they protect themselves in the best way possible;

Firstly we would recommend that you ensure that you have adopted the following Top 10 tips for businesses – Online Security;

  1. Implement a combination of security protection solutions, (anti-virus, anti-spam, firewall/s)
  2. Carry out regular security updates on all software and devices
  3. Implement a resilient password policy, using 3 random words replacing some of the letters with symbols and numbers. This is then regularly changed.
  4. Secure your wireless network
  5. Implement clear and concise procedures for email, internet and mobile devices
  6. Train staff in good security practices and consider employee background checks
  7. Implement and test backup plans, information disposal and disaster recovery procedures
  8. Carry out regular security risk assessments to identify important information and systems
  9. Carry out regular security testing on your business website
  10. Check provider credentials and contracts when using cloud services

 

Secondly, we would suggest that you take appropriate measures to make sure you and members of your staff are more aware of Cyber Security and the proposed changes to the EU Data Protection regulations.

You can do this by researching it online or by taking one of the many courses available; we recently attended a “Cyber Security Awareness” course presented by “Templar Executives” at The National Cyber Centre in Malvern.

Finally we would also recommend that you consider arranging a Cyber Liability policy, which provides protection against some of the far-reaching consequences of data leaks and breaches.

Cover automatically includes:

  • Forensic services
  • Notification services
  • Credit Monitoring
  • Crisis Management and public relations services
  • Cover for fines and penalties
  • Third Party Liability protection

And can be extended to include:

Breach of third party intellectual property or copyright

  • Cyber/Privacy Extortion 
  • Compensation for loss of income
  • Phone Freaking

 

What to do next? 

If you would like to talk to an expert for more information about your insurance programme, or to discuss any other risk or insurance need, please give us a call: 

Call 01789 761670