December 4, 2018
As a business, being able to communicate and collaborate online is vital to one’s short and long-term success. However, you may experience a cyber attack, theft of data, hacking or internal error leading to loss of vital information.
When storing sensitive data online, it is important to ensure that this information will remain safe and secure from a devastating cyber attack or data breach. Here’s what you can do to safeguard your company from a cyber attack:
Make sure your systems are running in the most up to date software. Old and outdated versions of software are easier for hackers to access without as much resistance.
Picking a simple password may be easier to remember, but hackers can obtain access to your information. Make sure you use strong passwords consisting of letters and numbers. Do not reuse the same password for all of your accounts.
Cyber security must be a priority. Hence, your employees must be aware of the dangers of malware and know how to detect emails with potentially infectious content.
You can reduce the amount of damage if a hacker accesses your data when you conduct routine backups. It will also reduce the amount of time until you are up and running one again.
Cyber insurance may potentially save your company if you experience a cyber breach. With Providence Mutual, you can have the peace of mind knowing we strive to keep you and your company safe while operating online with our Cyber Insurance endorsement to our Businessowners policy.
Providence Mutual’s third party cyber insurance coverage are as follows:
Multimedia Liability | Security and Privacy Liability | Privacy Regulatory Defense and Penalties | Payment Card Industry Data Security Standard Assessment
Providence Mutual also offers extensive first party coverage to continue assisting you in protecting your business.
Privacy Breach Response Costs, Notification Expenses, and Customer Support and Credit Monitoring Expense | Network Asset Protection | Cyber Extortion | Cyber Terrorism | BrandGuard
For more information about Providence Mutual’s Cyber coverage, contact one of our agents. To find an agent, select “Agent Finder” under the Contact Us menu item.
The description herein is a summary only, and does not include all terms, conditions and exclusions of the coverage described. Please refer to the actual policy for complete details of coverage and exclusions. Not all insurance coverages or products available in all states and issuance of coverage is subject to underwriting.