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Cybercriminals continue to adjust their game to the times

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Computer attacks are constantly changing and cybercriminals are continuing to come up with more ways to infiltrate infrastructures holding sensitive information. Small-business owners need to keep this in mind as they make sure their companies critical information is able to stay safe from hackers.

With security being a top priority for small-business owners, a recent article for Fox Business spelled out some of the top threats they may face and what they can do to avoid them.

“A few years ago virus attacks were designed to spread around the world as fast as possible to infect as many people as possible,” Tom Powledge, vice president of product delivery, SMB and Cloud for Symantec, told the news source. “Now cybercriminals want to get their viruses into your environment and have it stay there under the radar for as long as possible.”

Ransomware: A growing trend in computer security
Many small-business owners may shake off a malfunctioning computer and restart it, believing that will solve the problem. However, the machine could very well be compromised by a ransomware attack, in which a cybercriminal infects the PC, takes it over and encrypts the program files on the computer so it locks up, said the source. Small-firm owners must instruct their employees to always be on the lookout for such attacks.

“It’s very brazen, very aggressive and something we saw internationally,” Powledge told the news outlet. “It started in Russia and is making its way out to other countries.”

A good way to combat these attacks is to keep all computers backed up. According to Forbes, many small businesses hold much of their important information in their computer systems, so they need to make sure they have backup in case anything becomes compromised. Another  necessary precaution is cyberliabilty insurance, which protects a firm from any information that is stolen by a cybercriminal.

Mobile devices will become infected by viruses
Cybercriminals are always adjusting to the times, and now that people are using their smartphones and tablets for business purposes, hackers are beginning to find ways to place viruses on these devices. It’s important to only connect to trusted Wi-Fi connections and ignore questionable pop-up ads.

“Whatever the popular platform, whatever people are using is where the cybercriminals go,” Powledge said to the source.

 

General Liability Insurance

What Is General Liability Insurance? Commercial General Liability Insurance protects small-business owners from claims of injury, property damage, and negligence related to their business activities.

Workers’ Compensation

What Is Workers’ Compensation Insurance? Workers’ compensation insurance covers your employees’ medical expenses and at least some portion of their lost wages if they are injured on the job.

Business Owners Policy

What Is a Business Owners Policy? A BOP is simply bundled insurance designed to provide essential coverage to certain business owners at a competitive price. A BOP insurance coverage includes

Professional Liability Insurance

Professional liability insurance also called , errors and omissions insurance (E&O; insurance), protects you if a client claims that your services caused them to suffer a financial loss. While general liability insurance is primarily focused on property damage or bodily injury,

Disability Benefits Insurance

Employers in New York State are obligated to offer disability benefits insurance to their employees. This coverage is specifically designed to provide financial assistance in the event of off-the-job injuries or illnesses.



Business Umbrella Insurance

Without Business Umbrella Insurance (also sometimes called Umbrella Liability Insurance or Excess Liability Insurance ), you would have to pay the uncovered expenses out-of-pocket. Even if you carry General Liability Insurance for your business, without business umbrellainsurance you might face a repair, settlement, or judgment in excess of your coverage limit.

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