legal Eagle
Straight-forward legal tips for Military and Veteran Business Owners By Kelly Bagla, Esq.
HOW TO BULLETPROOF YOUR BUSINESS FROM CYBER ATTACKS In 2018 Verizon’s Data Breach investigation uncovered that 58% of cyber attack victims were small businesses. Although cyber attacks have been contained to 43% in 2024, cyber hackers are becoming more sophisticated and finding new and clever ways to attack. Modern day hackers target small businesses more than big ones because most of these small businesses have minimal or basic security, making it easier to steal their sensitive information.
ransomware attack, or because a laptop containing sensitive information was lost or stolen. If your small business maintains a website, accepts credit card payments, or collects or stores customer data including names, emails addresses, home and mailing addresses, phone numbers, and social security numbers and more, your business is vulnerable to a cyber incident.
A cyber attack can have a colossal impact on your business and may even lead to its demise. Small businesses need to arm themselves with the following tips on how to bulletproof their business from dangerous and modern cyber attacks.
LIMIT LIABILITY THOUGH CONTRACTS There must be a clear, comprehensive contract with clients that outlines the scope of services, limitations, and disclaimers. This contract should include provisions that clearly define the responsibilities of both parties and specify that the company cannot guarantee absolute protection against cyber attacks.
OBTAIN CYBER SECURITY INSURANCE Cyber security insurance, also known as “cyber risk insurance” or “cyber liability insurance” protects businesses against losses that are computer or technology related. This could be due to a phishing or
ENGAGE A REPUTABLE INFORMATION TECHNOLOGY COMPANY Information Technology companies can monitor networks, devices, applications, and data to identify potential threats and vulnerabilities. They can use tools such as firewalls,
Cyber hackers are becoming more sophisticated and finding new and clever ways to attack. Small businesses need to arm themselves and bulletproof their business from dangerous and modern cyber attacks.
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WWW.HomelandMagazine.com / October 2024