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Five steps to lowering the risk of a cyberattack - Grove & Dean Corporate Insurance

Worried about what a cyberattack would do to your business? We take a look at what you can do to lower the risk and prepare your defence.

Knowledge is power

The world of cyber and technology is constantly evolving and the risks that threaten your business can look different one day to the next. That’s why it’s important to keep up with the latest learnings and developments in cyber security, as well as ensuring that it’s included as a key part of your scheduled staff training. Whilst getting audited and approved through accreditation is a great step, your staff learning journey should not end there. The key to successfully remaining vigilant against cyber risk is through continued learning.

Keep your software updated

Cybercriminals will be quick to pounce if they notice any vulnerability in your IT network and these can quickly arise when software isn’t updated regularly or when advised. A significant amount of breaches can arise from systems which do not use the latest operating systems and using outdated software, so ensuring to update can go a long way in keeping your systems secure against cybercrime.

Encourage staff to think before they click

Many attacks that happen to businesses arise because a member of staff has clicked on a phishing email or link. These often link to malicious software which allows cybercriminals to conduct their attack on your business. Ensure to spread awareness amongst your staff about how they can spot phishing emails and what they should do if they receive anything suspicious in their inboxes. This is particularly important when staff are working remotely as their guard may be down.

Form your defence

Over the past year, more than half of SMEs in the UK have experienced some type of cyberattack, with no end in sight. While there’s a lot you can do to safeguard your computer network, there’s no way to be 100% confident you won’t fall victim to an attack. To ensure that you’re ready should something go wrong, make sure you have a plan in place. This should look at different scenarios and severity of attacks and offer tangible steps for your business to follow. You should also consider what you would do if your systems went down for an extended period – is there any other way you could operate in the meantime?

Having Cyber Insurance in place could also issue your business with an extra layer of protection. Not only can it help your business with the financial repercussions of an attacks, whether it’s a data breach, ransomware attack or something else, it can also provide you with a dedicated advice line so you know that you’re doing the right thing each step of the way.

Work with the right people

Not every business has an IT team in place, or dedicated PR people to deal with an attack. When it comes to protecting your business, it helps to have access to other businesses that you can rely on. At Grove & Dean Corporate, we can help you to protect your business against the aftermath of a cyberattack with a specialist Cyber Insurance policy. When you work with our dedicated team, you can be assured that you’re in good hands. If you want to know more about better protecting your business against cybercrime, just get in touch on 01708 436 811.