You and your company can make several preparations regularly to help prevent a cyber attack.
Host an Educational Event
Begin planning an open house, expo, lecture, or other educational event that focuses on cybersecurity. Depending on your company, you may decide to focus your educational efforts on information that will benefit senior citizens, college students or families. For example, your IT specialist could present advice that helps consumers avoid cybercrime, or you could show customers how to implement security protocols on their electronic devices. Get creative as you prepare to raise cybersecurity awareness during an educational event.
Cybersecurity training should occur year-round, but your employees may be especially receptive to security tips during a month that’s focused on raising awareness. Take advantage of this annual opportunity to discuss topics like choosing secure passwords, securing electronic devices used for work and managing email safety. Or choose a different topic based on your unique needs.
Focus on Different Weekly Topics
Some topic ideas include:
- Online safety at home.
- Training for a cybersecurity career.
- Ensuring online safety at work.
- Safeguarding critical infrastructure throughout the nation.
Your company can prepare to discuss these weekly topics during your events, through customer newsletters and on social media.
Utilize Your Social Media Influence
If your company has a large social media following, you have a powerful platform to raise awareness for cybersecurity. You can write blog posts that outline the importance of cybersecurity, share information about how to join the cybersecurity workforce or detail the ways your business protects data. Also, prepare infographs and other visual aids that discuss online safety tips.
Partner with Other Companies
Your company can partner with other businesses as you increase cybersecurity awareness. Share the latest cybersecurity information, create resources that educate the public about cybersecurity or host an online safety seminar together.
Check your Cybersecurity Insurance Coverage
Cybersecurity insurance protects your business in many circumstances. Review your needs with your Scurich insurance agent as you ensure you have the correct amount of cybersecurity insurance for your company.
Consider taking these steps now. They give you the tools you need to raise cybersecurity awareness among your employees, customers and community.
How many times do you walk by fire extinguishers without checking those tags or past first aid kits without peeking inside to assure the contents are complete?
Most executives do not spot check these life saving tools. That task is delegated to maintenance. But these decisions are life and death, not simply profit or loss. Show your employees you care; that you lead their safety program rather than follow pro forma insurance checklists.
Start your spring cleaning here: walk through your operation and stop occasionally to check if you can easily spot the nearest fire extinguisher. Read the label. Is it appropriate for the work area?
Stand at each fire extinguisher station and visualize successful deployment. Is it easy and natural? Can you travel unharmed to the nearest fire exit using the fire extinguisher to clear a path?
Observe any long pathways between fire extinguishers and exits. Would another canister or different fire suppression device or system help?
Take some notes as you walk through the operation. Review these observations with the person tasked to keep the equipment updated.
Repeat the above exercise with regard to first aid kits. Are they easy to spot? Easy to access one-handed? Do they have instructions for calling emergency help?
These exercises do not require a great deal of time or scheduling. Simply make a point of checking these items every quarter, something of an internal surprise inspection.
Add ten minutes every three months to your walk-through routine. It doesn’t need scheduling or ceremony. Simply observe, become conscious of the emergency response routine. Are fire exits clogged with storage or debris? Are aisles kept unobstructed?
Is a specific person charged with de-icing fire escapes? As you walk through your operations, take notes of these questions. Think through an emergency evacuation, then review the written plan for your company. Does it make common sense? Does it raise questions for your risk manager or safety specialist?
Does your at-hire training include safety orientation and procedures? How about on-going communications on safety issues? Both directions?
Corporate officers lead the safety culture. Make these inspections in view of employees. They will engage you if they have proper concerns. They are a great resource.
You own your home, have your own business, and drive a new car. Though you are not rich, you are comfortable. It will be a shame to lose it all if someone sustains injuries by your car or at your home or place of business.
You have insurance you say; you have standard auto liability insurance. The limits are $100,000 for a single person and a total of $300,000 for multiple people. Suppose you are responsible for any accident involving a shuttle taking ten people to the airport. Three hundred thousand dollars allows on average $10,000 per person. That is hardly enough to cover the emergency room fees let alone any surgery, rehabilitation, lost wages and other medical expenses. If there is a fatality, you may consider bankruptcy.
Your business has a small storefront on a busy street. A middle-aged executive comes into your place of business following a rainstorm. Your floor is wet and slippery, and the executive slips and falls. He strikes his head, loses consciousness, and goes into a coma. Your general business liability insurance has the same limit as your auto insurance – $100,000. It may cover part of the hospital bill, but the official says he is permanently disabled and sues you for future wages for $1 million. Since your business is a sole proprietorship, bankruptcy beckons.
Your son invites a friend over for a swim in your pool. He dives into the shallow end strikes his head and suffers traumatic brain injury. Sadly, the damage is permanent — with standard liability limits of $100,000 — well, you know, bankruptcy stares you in the face.
The inexpensive, elegant solution to the problem is umbrella insurance. When a claim exceeds your standard liability insurance limits, your umbrella insurance policy takes over and pays up to your umbrella liability limits. Most people who buy umbrella insurance extend their liability limits to $5 million.
Though you hope never to use it, for a few hundred dollars per year, you can protect your assets, and avoid financial disaster. Umbrella insurance pays when you are responsible for an injury that exceeds your standard liability limits.
With over 3 million acres burned this year, California is reeling under the impact. This is around 10 times more acres than the state usually experiences.
While firefighters fight on, and our state’s resources are strapped – much of our wilderness and trails remain closed. As regular citizens we may feel helpless but we need to continue to do our part to prevent fires when we can.
October is National Fire Safety Month. Now is as good a time as any to evaluate your home and workplace so you can keep your loved ones and employees safe. Consider taking these steps that help you prevent fires this month and year-round.
Make sure trees and surrounding areas follow the local guidelines. Clear out flammable brush and take down flammable trees. Thin the trees (using recommended proximity guidelines) .
Organize your Space
Poor housekeeping can mean an increase in clutter and fire fuel. Plus, messy hallways and blocked exits, sprinklers or firefighting equipment can hinder escape and rescue efforts. Walk through every part of your building and perform a thorough cleanup.
Machinery, electronics and other equipment can overheat and cause a fire. Maintain all your equipment to prevent this hazard.
Prevent Electrical Hazards
Faulty wiring and other electrical hazards can spark a fire. Perform regular inspections of the entire electrical system and make any repairs immediately.
Store Chemicals Wisely
Flammable chemicals pose a safety risk. Read the Material Safety Data Sheets and labels on each container, then store and use the chemicals properly.
Allow Control Panel Access
You can turn off the electric and reduce this potential fire hazard at the control panel. Ensure the control panel is easily accessible and that key personnel know where it’s located and how to turn off the electric during an emergency.
Stock Fire Extinguishers
Based on your building’s size and occupancy, you must stock a certain number of fire extinguishers. Follow this requirement and inspect the fire extinguishers at least once a year to ensure they remain in proper working order. Also, train every staff member to use the fire extinguishers confidently.
Install Smoke Detectors and Sprinklers
Smoke detectors provide a warning, and a sprinkler system can save your building, equipment and inventory if a fire does start. Install both of these safety features, and inspect them regularly.
Designate Specific Smoking Areas
Require smoking employees and visitors to smoke only in certain areas that are far from chemicals, papers and other flammable materials. Provide ashtray receptacles and stock working fire extinguishers near the designated smoking areas, too.
Clearly Mark Exits
Post emergency exit diagrams where employees can see them. Also, mark every exit with a neon sign, and place reflective tape on the floor and doors.
Perform Regular Fire Drills
Fire drills prepare your employees for a successful evacuation. Conduct these drills regularly.
Update Contact Information
All of your employees should know who to contact during an emergency. The contact list will include the phone numbers for emergency personnel and key employees.
This October, you can celebrate National Fire Prevention Month. Take these 11 steps as you prepare your commercial property to remain safe.
There is a lot of ‘phishing’ going on these days. As many as one in five people fall prey to phishing incidents, but over 14 percent don’t recognize these phishing attacks. Learn more about phishing and how to combat attacks on your personal or company email.
What is Phishing?
Phishing is a scam that cybercriminals use to gain access to sensitive information. It often occurs via email. The cybercriminal will send you an email that looks official but actually includes spyware, malware or other malicious software. When you open the link or download the file from the email, the criminals can access confidential information like bank account information, your social security number and other data. In many cases, you never know that your information has been compromised.
How to Recognize a Phishing Email
Phishing emails are designed to look authoritative so that you will open them and give the cybercriminal access to your computer. While these emails often look like they’re from a real company, you can usually recognize them via five signs.
- Sender Address
Before opening any email, look at the sender’s address. It may look similar to the official company’s address but could be slightly off. For example, it may use dot-net instead of dot-com or include a small spelling error like micrsoft or micosoft.
Cybercriminals use threats and fear to manipulate consumers. They may say that you will lose money, face criminal charges or suffer another devastating consequence if you don’t open the email. In most cases, these threats are meant to incite fear and get you to comply with their complicit wishes.
Steps That Can Protect Your Email
You can’t prevent cybercriminals from targeting you. However, you can take steps to protect yourself.
- Install spam filters and virus scans.
- Learn to recognize phishing emails.
- Only open email links from verified and trusted sources.
- Delete any emails that look suspicious.
- Train coworkers and associates to recognize phishing threats.
- Purchase cyber insurance that protects you if you are a victim of phishing.
You can’t stop cybercriminals from targeting your email, but you can use these tips to protect yourself and your data.
10 months ago ·
by Erin Carlson ·
This is about risk mitigation. To increase the chances that a loss will not shut operations down permanently, organizations must assess their exposures accurately by asking some questions.
- What is the most the organization could lose from a shutdown? Commercial Property insurance policies define “loss of income” as the sum of the expected pre-tax profit or loss and necessary continuing expenses. For example, if the expected profit is $300,000 and necessary continuing expenses are $100,000, the potential loss of income is $400,000. To calculate their exposure to business interruption losses, organizations should refer to their balance sheets, profit and loss statements, and cash flow statements. Insurance companies also have worksheets available to assist with the calculation.
- How much insurance should be carried? Once the organization knows the dollar amount of its exposure, it must decide how much Business Interruption insurance to buy. The key considerations are the length of time the insurance is likely to apply and the coinsurance percentage the organization must meet. Coverage usually begins 72 hours following the damage to the property and ends when business resumes at another location or when the building should be repaired with reasonable speed, whichever occurs first. If the organization decided that the coverage period would be around six months, it could buy an amount of insurance that would satisfy a 50% coinsurance requirement. If the interruption would last longer, higher coinsurance percentage and limits would be necessary.
- How long will it take business to return to normal? Even after operations resume, it could be some time before revenue returns to normal levels. Customers who had gone elsewhere during the shutdown might be slow to return. The standard insurance policy extends coverage for 30 days after operations resume, but some businesses might need more time than that, especially if their businesses are seasonal. For example, a seaside restaurant in New Jersey that makes most of its profits during the summer will need additional coverage even if it can re-open in November.
- How much of the normal payroll expense will continue during the shutdown? The organization will need the continuing services of some employees while it attempts to re-open, but other employees might not be necessary. For example, accounting staff will be needed to pay mandatory expenses such as property taxes and collect receivables earned before the shutdown. Employees who stock shelves will not be needed if there are no shelves to stock.
- Does the business depend on other businesses for revenue? A business can suffer a loss even if its own building is untouched. A loss that shuts down a key customer or supplier or damage to nearby property that causes authorities to close off access to the street can devastate a business’s bottom line (this happened to many businesses affected by 9/11). Special insurance coverage is available to protect against this possibility.
Our insurance team can help you answer these questions and identify insurance companies that can meet coverage needs. With some effort and planning before a loss happens, an organization can emerge from a shut down and return to profitability.