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Cybersecurity for Small Business

By Gustavo De La Fuente   |    August 3, 2016   |    3:52 PM

If you’re running a small business, you probably have some vital and sensitive information about your company and its customers stored online.  63% of small businesses have been victims of a cyberattack and 79% of them do not have a cyberattack response plan*. 

Is your business a part of the above statistic? If it is, you need to get to work creating a response plan for when an attack happens.  Things you must do are: (1) notify customers of any security breaches; (2) regularly change passwords; (3) secure payment systems; (4) conduct frequent security audits; (5) consider hiring a cybersecurity firm to find weaknesses in your systems and procedures; (6) get a cybersecurity insurance policy.   According to Jack J Landers of Teague Insurance in San Diego, these insurance policies are affordable and provide a wide array of policy limits. Many carriers are even offering extra coverage endorsements that can even be added on to their General Liability/Package policies at very low cost.

*Louie Beaupre, “Smarter Office Blog”, 2016.