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Is Your Business Cyber-Secure?

Posted Jul 6th, 2018 in Media, General, Insurance Tips, Commercial Insurance, Did You Know?, In the News

All businesses are at risk for a cyber data privacy breach. That’s why it’s important to review these tips, as they’ll provide insight into how to prevent this from happening.

Is Your Business Cyber Secure? Youngs Insurance, Ontario

All Businesses: Small to Large Are at Risk

Some small business owners believe they are not at risk for a data breach, due to the size of their business. However, it’s the complete opposite; small to mid-size businesses do not have the security protection that a larger business would have. This makes them more susceptible to experiencing a breach. According to the Globe and Mail more than half of small to mid-sized businesses have experienced a data breach and almost 75% of them could not regain their data.

Helpful Tips To Prevent & Protect Your Business

So how do you prevent this from happening to your business and what steps should be taken? We’ve outlined the top three ways to prevent a cyber attack and data breach.

  1. Passwords – When it comes to passwords, you should always create a new password for every account. Most online accounts have come up with a two-factor authentication which helps to increase the security. 
  2. Online Payments – Never save credit card information on a website or on your computer. If a hacker gets a hold of your data, it's another level of stress that is added on to this issue.
  3. Social Media – Your social media and financial activity should always be kept separate. If you visit one breached social media site the hacker may have the ability to reach your financial accounts and activity.
For more helpful tips to avoid putting your business at risk, check out our blog; Tips to Avoid a Cyber Breach.  

We hope you found this blog informative on how you can prevent cyber attacks and protect your business, no matter what the size.

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