The unwanted presence of ransom-ware attacks have been on the rise and companies are being threatened with issues that can range from frozen internal systems, stolen software and data breaches – often coming at a high financial cost.

In order to help protect these cyber weaknesses, you can to turn to products that can ensure a stronger perimeter around your networks. Cyber Security products such as SASE (secure access service edge) and XDR (extended detection and response) to mention a few are designed to support these purposes and can also be used in remote working environments.

Other major cyber-attacks that have escalated this past year, is malware and phishing scams. While these are not new occurrences, cyber thieves has definitely seemed to have expanded their scope, as they continue to look to steal confidential data through various means. These include email and social media accounts, and text messaging systems, where a link is attached, and if accessed, information and internal systems can become compromised.

That being said, text message or SMS-related phishing scams, knowns as ‘smishing’, have been more common place lately as well, and while email systems may already filter out these as spam, text messaging platforms do not typically have the same initial protections in place. With more employees working remotely, the use of cell phones and text messaging has also become a more common form of communication and as a result, can be more easily accessed by employees and businesses unknowingly.

In addition to increased employee diligence, such as not opening links from individuals or organizations you do not recognize, businesses can also protect themselves by implementing anti-virus software that requires URL/domain authentication.

The bottom line really is, that by being proactive and having these important cyber security measures in place, you will stand a better chance of being able to fend off the damaging effects of cyber attacks. Looking into the types of products and services that will be best for you is an important step in the right direction.

Furthermore, you can also elevate your own level of protection by having the right cyber insurance for your needs.

With a high volume of cyber claims typically ranging from hacking, phishing and ransomware threats, it is even more critical that you factor in this type of insurance into the management your business, whether you are working remotely or in person.

At Leaders Insurance, we want to help you protect your business. Contact us to find out more about the insurance policies we offer and how you can continue to stay on top of cyber security in 2021.