Common sense ain't common. - Will Roger
If any of these apply to your business, you are required to protect the data subject to State & Federal privacy & data breach notification laws as you are in control of "Personally Identifiable Information.
Most data breaches involve an employee mistake such as losing lap tops or mobile devices, opening unauthorized emails containing malware or they can intentionally steal data.
Materials posted electronically or in written format can lead to copyright or trademark infringement or defamation suits. Additionally your website is susceptible to being hacked which could disrupt your business.Do you use third party vendors (cloud, IT services)?Your business can be held liable for breaches caused by your vendors, as the owner of the information, you are ultimately responsible for protecting it.
One of the leading causes of data breached is the loss of mobile devices.
Almost 40% of all data that is stolen is credit card and other payment information. Many times criminals resell financial/personal information on the black market.
Your employee's personal devises may not have the same security software as your network, thus creating a higher exposure to virus and malware threats. Do you train your employees on proper email use and privacy issues?Employee negligence and/or errors are a major contributor to lost and stolen data.
Companies face liability for failing to protect customers' and business partners' confidential information.
We can help your business prevent and respond to cyber events through our partnership with our cyber liability carriers. As always, if you have questions or feel we can be of service, call Hurst-Weiss Insurance at 412-922-8222. Hurst-Weiss “Your One-Stop Insurance & Investment Services Firm.”