Your company could be at risk of cyber attack – are you covered?

Your company could be at risk of cyber attack – are you covered?

Last month we spoke about the massive Ransomware cyber attack that hit thousands of computers across Europe. Not long after this attack, another crippling cyber attack took place, named the Petya cyber attack, which also occurred in Europe. You can read more about this latest attack here.

Both of these attacks were huge, leaving hundreds of companies paralysed across the globe. A cyber attack is not something to take lightly, it can cause a vast amount of damage financially as well as damage critical company information that may never be recovered.

There are a few basic ways for companies to ensure their safety against hackers. Applying these to your company may just prevent you from any future mishaps that could leave you vulnerable.

Tip 1: Backup Your Files

Backing up may seem like an obvious action, but many companies fail to do this regularly. If your company data and information changes regularly, then backing up daily or even weekly is a must. Backup to a server or to the cloud, there are plenty of options to choose from for effective backup, it’s a good idea to talk to your IT provider about this.

Tip 2: Protect Your Passwords

It’s never a good idea to use the same password over multiple platforms. Try to use different variations of a password so that if one password is hacked, it won’t affect everything you log into. It’s also good practice to change passwords often, to avoid hackers accessing your personal data.

Tip 3: Keep it Secure

Your company website should be secure, so hackers cannot access or spam it. A secure website will show as (https://) followed by the website address.This can easily be achieved through your website hosting company.

Tip 4: Don’t trust any website, email or app

It’s very easy to be taken to an unknown website or app while browsing something completely different. Opening any website or downloading any app, can be detrimental to your computer or phone. Always check the rating and reviews of an app before you download and make sure a website is secure before going onto it. The same applies to emails – if it is an unknown sender or looks suspicious, don’t open it – chances are, it is suspicious.

Applying these four basic processes to your company procedures will ensure a safer cyber environment for your company. It would also be wise to have cyber liability insurance cover in the event of any major attacks affecting your company. Get in touch with us today to find out how you can better insure your company and its assets.

“The article should not be considered legal or financial advice and is for information purposes only. You should consult with a professional financial advisor to determine what may be best for your individual needs.”