{"id":3762,"date":"2017-01-24T10:17:03","date_gmt":"2017-01-24T15:17:03","guid":{"rendered":"https:\/\/www.insureyourcompany.com\/?p=3762"},"modified":"2024-06-28T06:36:17","modified_gmt":"2024-06-28T10:36:17","slug":"10-ways-to-protect-your-business-from-cyber-threats","status":"publish","type":"post","link":"https:\/\/insureyourcompany.com\/blog\/10-ways-to-protect-your-business-from-cyber-threats\/","title":{"rendered":"10 Ways to Protect Your Business from Cyber Threats"},"content":{"rendered":"<p>The increase in reports of cyber threats over the past year has illuminated the Internet\u2019s inherent dangers, thus raising concerns as to how to business owners can\u00a0protect their companies from computer viruses and other looming security threats.<\/p>\n<p>Although many companies are (rightfully) investing in high-quality anti-malware and anti-spyware software, the potential still exists to fall prey to cybercrime.<\/p>\n<p><a href=\"https:\/\/insureyourcompany.com\/blog\/cybercrime-is-on-the-rise-and-insurance-is-keeping-up\/\">Cybercrime is a booming business<\/a> and criminals\u2019 tools continue to evolve in both sophistication and potential damage. Acquiring\u2014usually by theft\u2014and selling sensitive information is highly lucrative. Such information includes:<\/p>\n<ul>\n<li>Passwords<\/li>\n<li>Banking information<\/li>\n<li>Credit\/debit card numbers<\/li>\n<li>Intellectual property<\/li>\n<\/ul>\n<p>Additionally, cyber criminals often attempt to inject malicious software such as viruses, worms, and other malware to send spam, display advertising, or commit other nefarious and illegal activities.<\/p>\n<h2>Statistics<\/h2>\n<p>According to Symantec, over three billion malware attacks occurred in 2010. This number has continued to climb, thus resulting in the development of more sophisticated software to protect sensitive personal and business data.<\/p>\n<p>Even more recently,\u00a0PWC\u00a0reported that cybercrime rose from fourth to second place among types of economic crime. In a 2016 survey, over 25 percent of respondents reported having been affected by cybercrime, while 18 percent said they didn&#8217;t know if they had. Further, several respondents reported <a href=\"https:\/\/insureyourcompany.com\/blog\/the-legal-costs-of-a-data-breach-how-one-break-can-spell-disaster\/\">losses of over $5 million<\/a>, with almost one-third of respondents reporting cybercrime losses of over $100 million.<\/p>\n<p>So how can a company protect itself from computer viruses and other cyber threats? It\u2019s important to first understand what those threats look like.<\/p>\n<h2>Types of Malware<\/h2>\n<p>Malware combines the words \u201cmalicious\u201d and \u201csoftware,\u201d and it is an umbrella term for most types of computer threats installed on one\u2019s computer without his\/her consent or knowledge.\u00a0<a href=\"http:\/\/www.techsoup.org\/support\/articles-and-how-tos\/protecting-your-organization-from-spyware\">Malware<\/a>\u00a0includes:<\/p>\n<ul>\n<li><strong>Spyware<\/strong>\u2014to spy on computer users\u2019 activities to steal sensitive information<\/li>\n<li><strong>Viruses<\/strong>\u2014self-replicating software that can alter\/destroy data or cripple systems<\/li>\n<li><strong>Adware<\/strong>\u2014displays pop-up ads<\/li>\n<li><strong>Scareware<\/strong>\u2014mimics legitimate anti-virus\/anti-spyware products, thus encouraging users to download\u2014and often pay for\u2014an infected solution; also called rogue security software<\/li>\n<li><strong>Botnets<\/strong>\u2014networks of infected computers that perform illicit activities<\/li>\n<li><strong>Worms<\/strong>\u2014computer code that spreads on its own by scanning the infected computer for email addresses and then sending infected email messages to others<\/li>\n<li><strong>Trojan horses<\/strong>\u2014malicious software programs that hide in other programs, enter\u00a0the computer via a legitimate program, and place code into the operating system that the hacker can use to access the computer<\/li>\n<\/ul>\n<h2>How Malware is Spread<\/h2>\n<p>A computer can become infected with malware through:<\/p>\n<ul>\n<li>Infected email attachments<\/li>\n<li>Downloaded software<\/li>\n<li>Email links<\/li>\n<li>Social media websites<\/li>\n<li>Instant messages<\/li>\n<li>Infected removable storage like thumb drives, for example<\/li>\n<\/ul>\n<h2>Preventing Malware Infection<\/h2>\n<p>All individuals and companies should worry because any computer can be the victim of malware. Knowledge and prevention are key.<\/p>\n<ol>\n<li>Install quality, professional, business-grade anti-virus software. These types update more frequently and provide greater real-time protection against emerging vulnerabilities.<\/li>\n<li>Ensure all anti-malware applications are current. They all require regular database and signature updates, and it is imperative for users to keep licenses current as well.<\/li>\n<li>Perform daily scans to add another layer of protection to the myriad potential threats lurking around the Internet.<\/li>\n<li>Disable auto-run to prevent certain viruses from automatically attaching and installing themselves to all connected media.<\/li>\n<li>Disable email image previews, especially in Outlook.<\/li>\n<li>Never click on email links or attachments unless they are first scanned for viruses, even if they are from a trusted source.<\/li>\n<li>Employ the anti-malware\u2019s applications such as browser plug-ins, link protection, and pop-up blockers.<\/li>\n<li>Ensure employees never enter any sensitive information on any web page to which they haven\u2019t manually navigated.<\/li>\n<li>Employ a hardware-based firewall for greater reliability than is offered with software-based firewalls, even professional-grade ones.<\/li>\n<li>Use DNS protection to prevent a compromised DNS server from directing employees to unauthorized web servers.<\/li>\n<\/ol>\n<p>For more information about how you can protect your company from cybercrime, including cyber liability insurance, please\u00a0<a href=\"https:\/\/insureyourcompany.com\/about\/contact-us\/\">contact us<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The increase in reports of cyber threats over the past year has illuminated the Internet\u2019s inherent dangers, thus raising concerns as to how to business owners can\u00a0protect their companies from computer viruses and other looming security threats. Although many companies are (rightfully) investing in high-quality anti-malware and anti-spyware software, the potential still exists to fall [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":3763,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[191,98,69,101],"tags":[99,313,239,450,157,103],"class_list":["post-3762","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-owner-resources","category-cyber-liability","category-frequently-asked-question","category-technology","tag-cyber-liability","tag-cyber-liability-insurance","tag-cyber-risk-insurance","tag-cyber-threats","tag-protecting-your-business","tag-technology-insurance"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO Pro 5.0.0.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"The increase in reports of cyber threats over the past year has illuminated the Internet\u2019s inherent dangers, thus raising concerns as to how to business owners can protect their companies from computer viruses and other looming security threats. 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