Cyber Criminals Don’t Sleep, Even during a Worldwide Pandemic

Steps to Thwart Attacks from Dependable Cyber Liability Insurance

Since January 2020, America has been under attack from a microscopic enemy. Coronavirus (COVID-19) has claimed lives and significantly slowed down economies. Now, restaurants serve their patrons via curbside carryout. States have issued stay-at-home orders, and people practice social distancing in which they keep at least six feet apart from one another. As employees work from their homes, different predators have taken advantage of employer’s lack of protocols and protections over computer data and equipment.

Don’t let cyber-thugs take down your business during this incredibly trying time in the history of America and the world. It shouldn’t surprise you that thieves will take advantage of the situation. Speak to the experienced brokers at the Business Insurance Center. We can look over your existing coverages, find gaps, and tailor a plan for your unique needs, including cyber liability insurance.

Risks Your Remote Employees May Face that Can Harm Your Small Business

Never before have we seen such a large number of employees working from their homes. Many companies were not prepared to send people to their homes to work, let alone have all the necessary protocols in place to keep their businesses safe over the Internet. Here are three risks your enterprise may face:

1. Phishing Emails: When you or a team member receives an email or text that looks like it comes from a reputable company asking for personal information, it is probably a phishing email or text. The goal is to steal passwords, account numbers, and Social Security numbers. Today, cybercriminals are sending out messages of cures for COVID-19, government refunds, and preventative measures from the CDC or the World Health Organization.
2. VPN Vulnerabilities: You may need your employees to use a Virtual Private Network (VPN), which is great unless you have not applied the patches that take care of the critical vulnerabilities. VPNs use a public network to access your private one. Since they are Internet-facing, they are easy for attackers to access.
3. Overworked IT Staff: Since most companies are set up for on-site work, many were not ready to send employees home to do their jobs. This has left many IT staff scrambling and overworked as they try to ensure everyone has easy access to their computers and enterprise networks.

Steps to Protect Your Enterprise from Cyber Attack

Here are a few steps you can take to bolster your data system:

1. Train your team to spot and manage phishing emails. The Federal Trade Commission has some tips to help.
2. Add an extra layer of protection by enabling Multifactor Authentication (MFA) on each user’s account.
3. Ensure you have the latest patches applied to your VPN.
4. Make sure your anti-malware is up-to-date.
5. Talk with your insurance broker about cyber risk insurance.

Keep Your Employees and Company Safe with Help from the Business Insurance Center

Take nothing for granted in today’s chaotic world. It is imperative to not only protect your employees from the coronavirus but also to ensure your clients’ and company’s data remains safe from cyber-attack. Talk with the knowledgeable team at the Business Insurance Center. We assist with not only supplying your insurance needs but also share tips for safeguarding your operations. Give us a call today!

Request a quote online or call and speak with a knowledgeable and experienced broker at the Business Insurance Center about cyber liability insurance. We have a 24/7 call center to serve you and an online Live Chat operator.