Cyber security is just as important for small business owners as it is for large corporations. Small businesses may even be at greater risk of being hacked due to business owners not taking the possibility of cyber attacks seriously. Here are a few ways small businesses can protect customer and financial information against hackers.
Create and Use Strong Passwords
The use of strong passwords can help deter cyber attacks on your company’s digital information. A company that’s difficult to hack could dissuade prospective hackers from wasting precious time when they can find easier prey elsewhere. By doing a little research on how to create strong passwords and passing this information on to your employees, you can do your part to protect your company’s digital information against cyber threats.
Utilize Virtual Data Rooms (VDR) for Storing Valuable Info
Virtual data rooms act as online storehouses to protect your company’s sensitive information. They can be used to store your firm’s financial records, legal documents, tax records, intellectual secrets and more. Through the use of a VDR, you can minimize the risk of your company’s vital information falling into the hands of hackers.
Obtain Cyber Security Insurance
Cyber liability coverage from the Billy Davis Insurance Group can safeguard your Merrillville, IN business against security breaches that could result in a lawsuit. If someone hacks your customer database and steals customer data, you could be sued for damages. Without insurance protection, a lawsuit of this nature could threaten the future of your business. Cyber security insurance protects your interests against such risks so you can continue to focus on growing your business.
For more information about cyber security insurance and other business insurance options to protect your small business, contact us at The Billy Davis Insurance Group in Merrillville, IN.