No images? Click here When it’s Important to Stay in the Know.Keeping Cyber Risks in Check During Cybersecurity Awareness MonthToday’s companies rely on the internet for virtually every aspect of business, from communicating with clients to managing payroll. But, while modern technology offers many advantages, it also leaves operations vulnerable to cybersecurity threats that compromise sensitive information and jeopardize future business. A safety-focused approach to the systems and technologies that drive operations is key. Let BCH help. Here, our risk management professionals offer insights to help educate your employees about the importance of safe online practices — and tools you can use to safeguard sensitive information against bad actors. Read on and share these tactics with your team to keep data protected when it matters. Position Your Company for Cybersecurity SuccessTeam Training: Ensuring team members are aware of potential threats and how to prevent them lessens the likelihood of a successful attack. Training should include the best way to handle attacks to reduce the risk of prolonged business interruptions. Cyber Risk Assessments: Businesses can conduct risk assessments, test employee knowledge and run regular security checks to prepare teams for cyberattacks. Some programs issue fake phishing scams to team members and send a report to leadership reviewing the individuals who passed or failed the test. Data Protection Policies: A good risk management plan includes policies that teach employees to the best ways to send sensitive information, use secure networks and protect password credentials. If team members follow the outlined procedures, the company lowers the risk of data breach or cyberattack. Cybersecurity Software: Investing in the right software can save companies costly litigation fees and help them avoid business interruptions. It’s also important to update your security software to prevent cybercriminals from breaking through weaker defenses. Cyber Liability Insurance: Cyber insurance might be covered by commercial general liability (CGL) insurance, but it’s a good idea to review your policy before you renew. With advancements in technology and international cyberthreats, you’ll want to consider new and existing risk factors at least once a year. Fraudsters regularly resort to email in efforts to trick people out of sensitive information — and one click of a bad link can have long-term repercussions. Here, you’ll find tips designed to help you and your team stand better prepared. BCH’s Risk Management Center Offers Resources that Aim to EducateWith a library of safety and risk management resources available around the clock, automated training tracks that keep employee education on schedule and full-scale claims assistance in the event of the unexpected, your Risk Management Center (RMC) is here to help. RISK MANAGEMENT | BUSINESS INSURANCE
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