Ways to Reduce Cyber Liability

5 Ways to Reduce Cyber LiabilityAll businesses are connected to the internet, which means that they are at risk of being hacked. Do you know how to reduce your cyber liability exposure?

All businesses, small and large, need to know their risks in order to best prevent them. Many of these risks are physical like fires, floods, and burglary and can be easily prevented if the right measures are taken. There are some risks that are invisible to our eyes and don’t even exist in the world that we experience on a day-to-day basis; I’m talking of course about the cyber world. If your business connects to the internet, hackers may breach your security system and steal your most sensitive files.

Upgrade Your Router – A consumer-grade router is vulnerable to attacks. By attacks, we mean that a hacker will have remote access to your router and be able to access all the traffic to and from your router. Passwords, files, and important documents are all at risk when your router gets hacked. To solve this issue, purchase a commercial-grade router. It may be expensive, but it’s definitely worth the price.

Cyber Liability Insurance – If your business gets hacked and files and documents get stolen, it’s going to be your business that’s liable. With cyber liability insurance, you are financially covered for the damages and legal fees that come with the exposure.

To make sure you have the right policy limits on your New York commercial insurance and have the proper coverage for all of your business’ needs, contact Perry & Carroll in Elmira.