4 Ways to Protect Your Business From Cyber Threats

In today’s digital world, businesses face a whole new set of challenges: protecting their company from cyber threats. Businesses of all types and sizes can fall victim to data breaches, and not only is important information lost, these events can result in bankruptcy and all sorts of other problems for companies.

But don’t panic – there’s good news! If you implement these four important steps, you can protect your business from cyber threats and the trouble that comes with them!

1. Secure Your Hardware: The hardware your business uses to conducts its operations is vulnerable to theft no matter how big or heavy it is. Installing CCTVs, motion-sensor lighting, or even adding tags that say things like “Do Not Tamper: Traceable Device” are just a few ways to help secure your hardware.
2. Protect Your Data: In the event that your hardware is destructed, you could risk losing all of the essential data it holds if you don’t have backups stored. Keep multiple backups in separate, secure locations. Before you do this, make sure all sensitive data is encrypted and password protected.
3. Educate Your Staff: Often, cyber threats come about simply because the people using company hardware and software aren’t aware of how it can be compromised. Leading by example, creating a cyber-secure environment, and educating your staff about common cybersecurity practices are just a few easy ways you can help protect your business from cyber threats.
4. Cybersecurity Insurance: Cybercriminals are constantly thinking of new ways to conduct their activities, and sometimes no matter how prepared you are to protect yourself from cyber threats, data breaches still occur. In that case, having cybersecurity insurance in place can be the difference between your business surviving the attack or not. In addition to helping you recover from the financial impact of data breaches, cybersecurity insurance also protects businesses from other cyber events, like network outages and service interruptions.

If you’d like to learn more about how cybersecurity insurance can help protect your business, get in touch with Salt Lake City Insurance today!