Did you know that 43 percent of cyber security attacks are targeted toward small businesses? As a small business owner, you are keenly aware of the increasing threat of cyber-attacks. These attacks do not just happen to large corporations. They can happen to even small mom and pop operations or mid-sized businesses. The worst thing you can do is nothing. The threat of a cyber-attack isn’t going to disappear. You have to have a strategy to stay ahead of the game when it comes to cyber security.
When you consider what you have to lose from a cyber-attack, the need to protect yourself becomes very real. Your clients’ personal and private data could be exposed, including Social Security numbers, banking info, personal health information and more. Theft of these could leave you open to potential lawsuits, which could devastate your business financially.
Most small business owners don’t have the assets to have their own IT departments, so another solution to consider is outsourcing cyber security to a third-party such as a managed cyber security service. A professional cyber security service has trained staff to recognize potential cyber threats before they occur and manage the risk to your company; monitoring systems that identity and block malicious websites; encryption for your company files to protect them from attack; and the ability to block undesired network traffic and more. Most cyber security services can also provide training to you and your staff to manage your cyber risk.
Ultimately, you will have to make the decision whether outsourcing cyber security services is the right decision for your business. Even if you decide not to do this, you can protect your business from the fall-out of a cyber attack by purchasing the appropriate insurance coverage. Contact us for a consultation. We’d love to help you protect your business from potential cyber criminals.
Learn more about Manning Insurance Services’ Cyber Insurance..