Tips To Protect Your Business Against Cyber Crime

Robert Brown • July 19, 2018

2017 proved to be a watershed moment for cybersecurity. The headlines were littered with several high-profile companies who saw their business disrupted by breaches to their customer’s data. This has led to a rise in the number of businesses investing in the security of their business.

But with more recent attacks on big name brands such as Adidas, Costa Coffee, Premier Inn and Ticketmaster, it's clear there are still steps that need to be taken to secure customer data. Take a look at some of our top tips for getting started.

What are the threats you face?

It is important that you highlight every threat to your business. You will need to be thorough, highlighting every threat, from unlocked computers all the way up to out of date security software. Hackers are often opportunistic in their approach to cyber attacks and will use any weaknesses they can find.

By the end of this step, it is vital that you have an in-depth knowledge of the risks that your business faces. It is also good practice to ensure you review your risk factors every few months and stay up-to-date on all the latest cyber threats.

Consider a third-party audit

As your business continues to grow, you might eventually find that you are no longer able to spot the weaknesses in your approach to cybersecurity. This is the point where you must consider making use of a cybersecurity consultant who can advise you further on how to protect your systems and data.

Train and monitor your employees

Through induction and training, basic cybersecurity should be second-nature to your employees. Ensure they know not to leave their devices unlocked and that they follow company protocol when working out of the office. Inspiring loyalty in your employees is also vital to security. Motivated workers are less likely to leak your crucial data.

You should also monitor employee habits such as passwords and their internet history to ensure they are following the correct safety procedures.

Insure your company

A Cyber Insurance policy provides financial aid and expert advice to you and your business, should you suffer a cyber-attack. Additionally, your insurer will provide you with an estimate of the level of risk that your company carries, as well as the amount of damage you would suffer as a result of an attack.

If you are interested in a Cyber Insurance Policy and would like to discuss the options that are available to you and your business, get in touch with us for a no obligation discussion of your needs.


Recent Posts

By Niraj Mamtora January 6, 2021
Brexit has affected a lot of policies. It is only natural that one may worry about what their travel insurance policy is going to be like as a result of this. Being a client of Forum Insurance, you will still get cover in all the countries enlisted in the Insurance guide. The duration of the cover is 90 days which can be further extended for an additional 12 weeks (maximum) based on our prior agreement.
By Adrian Pountney January 5, 2021
Testing
By Anton Hilton December 7, 2020
Owning a property means there are tons of things that you need to take care of at all times. After all, it is a long term investment, and you need to safeguard it in any way possible. Among all of that, one of the most important things is getting insurance for your property in case the worst happens. So, what do you do to protect your property? You get insurance for it. Now, we will explain to you how and where you can find the best cover for your home, so when things go south, your house is fully protected, and you are not left with thousands of pounds in expenses. 
By Anton Hilton November 24, 2020
The Chartered Institute of Internal Auditors (Chartered IIA) has seen cybersecurity rank as its top risk for the third year straight. But their survey has also brought new dangers to light with the recent surge of COVID-19 seeing disasters and crisis preparedness ranking as a new top five risk. The results came about after a comprehensive survey of over 570 Chief Audit Executives. Of these, 79% labelled cybersecurity as one of the greatest corporate risks that they had to deal with, whereas 27% labelled it as the single greatest risk. This growing fear of having inadequate cybersecurity has seen a surge with the advent of remote working as individuals and companies are now all the more reliant on technology, making them that much more susceptible to viruses, phishing activities, and malware practices. 
By Anton Hilton November 23, 2020
Hackney Borough Council is scrambling to support its IT systems and operations after being at the receiving end of an unfortunate cybercrime. Located in North London, the Council is carrying out procedures in collaboration with the National Cyber Security Centre in a bid to estimate the gravity of the situation. Being absolutely devastated by this breach, Hackney Council has also reached out to the Ministry of Housing, Communities and Local Government as well as professionals of the cyber security world with requests of assistance.
Show More
By Niraj Mamtora January 6, 2021
Brexit has affected a lot of policies. It is only natural that one may worry about what their travel insurance policy is going to be like as a result of this. Being a client of Forum Insurance, you will still get cover in all the countries enlisted in the Insurance guide. The duration of the cover is 90 days which can be further extended for an additional 12 weeks (maximum) based on our prior agreement.
By Adrian Pountney January 5, 2021
Testing
By Anton Hilton December 7, 2020
Owning a property means there are tons of things that you need to take care of at all times. After all, it is a long term investment, and you need to safeguard it in any way possible. Among all of that, one of the most important things is getting insurance for your property in case the worst happens. So, what do you do to protect your property? You get insurance for it. Now, we will explain to you how and where you can find the best cover for your home, so when things go south, your house is fully protected, and you are not left with thousands of pounds in expenses. 
Show More