10 Tips for Reducing Cyber Liability Threats

September 9, 2019

These 10 steps will help safeguard you from threats posed by a potential cyber attack. Want more tips and tricks? Simply reach out to info@aleragroup.com to get connected with a cyber liability expert!  



1.   Protect against viruses, spyware, and other malicious code. Make sure all computers are equipped with antivirus software and anti-spyware and updated regularly.



2.   Secure your networks: Safeguard your Internet connection by using a firewall and encrypting information. Make sure your Wi-Fi network is secure and hidden.



3.   Establish security practices and policies to protect sensitive information: Establish policies on how employees should handle and protect personally identifiable information and other sensitive data.



4.   Educate employees about cyberthreats and hold them accountable: Deter employees from introducing competitors to sensitive details about your firm’s internal business by informing them about how to post online in a way that does not reveal any trade secrets to the public or competing businesses.



5.   Require employees to use strong passwords and to change them often: Consider implementing multifactor authentication that requires additional information beyond a password to gain entry.



6.   Employ best practices on payment cards: Work with your banks or card processors to ensure the most trusted and validated tools and anti-fraud services are being used. Do not use the same computer to process payments and surf the Internet.



7.  Make backup copies of important business data and information: Regularly back up critical data on all computers and store in the cloud or offsite. 



8.   Control physical access to computers and network components: Prevent access or use of business computers by unauthorized individuals. Make sure a separate user account is created for each employee and require strong passwords.



9.  Create a mobile device action plan: Mobile devices can create significant security and management challenges, especially if they hold confidential information or can access the corporate network



10. Protect all pages on your public-facing websites, not just the checkout and sign-up pages.



As an additional precaution, you may want to consider cyber liability insurance.  Please reach out to info@aleragroup.com to get connected with an Alera Group cyber liability expert!  



 



Source U.S. Small Business Administration (for the complete description, see https://www.sba.gov/managing-business/cybersecurity/top-ten-cybersecurity-tips

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About Alera Group 

Alera Group is an independent, national insurance and wealth services firm with more than $1.1 billion in annual revenue, offering comprehensive employee benefits, property and casualty insurance, retirement plan services and wealth services solutions to clients nationwide. By working collaboratively across specialties and geographies, Alera Group’s team of more than 4,000 professionals in more than 180 locations provides creative, competitive services that help ensure a client’s business and personal success. For more information, visit https://aleragroup.com/ or follow us on LinkedIn.