DIG Insurance & Business Magazine Fall 2019 | Page 28

CYBER PROTECTION Stay Safe Online Cyber Protection Helps Safeguard Your Data O ur lives are constantly changing—and so is insurance, as our industry adapts and innovates to create products and services that help safeguard what matters most to you. help us mitigate risks and focus on the opportunities that the cyber world provides. The online landscape is a complex and dynamic ecosystem filled with exposure. Being prepared is what we do, and that requires anticipating future threats—so you can work and play online without worrying about cyber issues. #1 UNDERSTAND THE THREATS Today, data security is a concern— protecting your information from relentless 'phishers' who are becoming more savvy in their attempts to provoke you to click a link or share a file. Social media can also present risks. A bad Yelp review can destroy a company’s reputation. A libelous post can lead to personally damaging consequences. Our businesses and homes are part of this connected world because of how we use the cloud, too. With the access to information our online universe offers, it also comes with a great responsibility to protect data and use technology with care. That’s easier said than done, which is why there are insurance solutions available to Keeping assets safe has always been our job as insurance professionals. Here are some steps to stay safe online. Staying on top of the latest phishing scheme or hacker strategy is difficult because the 'bad guys' work fast and constantly change their approaches. But a cyber insurance provider is focused on this space and can share timely updates with you. Tap into the expertise of an advisor who knows what to look out for and what to avoid. #2 COVER YOUR DATA ASSETS Don’t assume that knowing the latest phishing scheme is protection enough. Your data is vulnerable information. Cyber insurance doesn’t stop hackers from acting, but it does provide the protection you need to recover data and identity and help restore credit history. Coverage can protect a business against damage caused by a virus or computer attack. There are significant costs associated with restoring data or rebuilding it completely. BY: CINDY HALL, VP OF SALES AND CLIENT SERVICE #3 BE DILIGENT Technology is constantly evolving, and hackers are always discovering work- arounds for the infrastructural 'shields' we put in place like firewalls and anti- virus software. They’re getting smarter— but so are we. Be diligent and empower your organization with cyber coverage. It’s a tool you can tap into that could pay off enormously. + Cindy Hall joined Deeley Insurance Group in 2016 and was promoted to VP of Sales in 2017. She has over 24 years of leadership experience with Fortune 500 companies within the food services and hospitality industries. Cindy has an education degree, which supports her desire to continuously learn, promote team building and help individuals achieve goals. Cindy resides in West Ocean City with her husband and sons. She enjoys playing golf, boating, running and spending time outdoors. 410.213.5539 [email protected] Recognizing the threat is the first step. 43 percent of all cyber attacks target small businesses. It’s Time to Prepare for Cyber Crime In most cases, it takes a company six months to detect a data breach. The annual cost of cybercrime damages is expected to reach $6 trillion by 2021. TO LEARN MORE ABOUT CYBER INSURANCE, CALL YOUR DEELEY INSURANCE GROUP AGENT TODAY.