With over 1,000 reported data breaches in 2016 alone, and the trend persisting in subsequent years, cybersecurity threats are becoming increasingly significant for businesses of all sizes. Whether your organization is a small local business or a large enterprise, reliance on the internet makes you a target for cybercriminals. We’re here to help you protect your company against these ever-evolving threats.

Understanding Cybersecurity Threats

Cyberattacks can take many forms, from phishing emails and spyware to more sophisticated methods like ransomware and denial-of-service (DoS) attacks. These threats can:

  • Steal sensitive information, including customer data and financial records.
  • Corrupt or delete vital company files.
  • Disrupt business operations, leading to significant downtime and lost revenue.

Unfortunately, small businesses become prime targets as larger companies invest heavily in robust cybersecurity defenses. According to industry statistics, nearly 60% of small businesses that suffer a cyberattack close permanently within six months. The good news? Many of these breaches could have been prevented with simple or intermediate controls.

Steps to Strengthen Your Cybersecurity

We recommend implementing the following measures to protect your business:

For Your Company:

  • Install and update antivirus and anti-spyware software.
  • Regularly back up important data and secure Wi-Fi networks.
  • Limit employee access to sensitive data based on their roles.
  • Monitor and log attempted attacks on your systems.

For Your Employees:

  • Use strong, unique passwords for all accounts and change them regularly.
  • Avoid opening suspicious emails or links.
  • Verify the authenticity of websites before inputting sensitive information.
  • Scan external devices like USBs for malware before use.

For Mobile Devices:

  • Restrict downloads to trusted app stores to avoid malware.
  • Regularly update devices with the latest security patches.
  • Use device management policies to secure work-related data.
  • The Role of Cybersecurity Insurance

Even with the best precautions, no system is entirely immune to breaches. That’s why having a cybersecurity insurance policy is essential. It provides financial protection against losses due to cyberattacks and includes resources for:

  • Data breach recovery.
  • Legal and regulatory compliance.
  • Reputation management.
  • Business interruption costs.

Why Choose Garland-Sturges & Quirk?

We specialize in tailoring insurance solutions to meet your business’s unique needs. Our cybersecurity coverage ensures you’re prepared for the unexpected, with support every step of the way—from breach response to recovery.

Don’t wait for a cyberattack to disrupt your business. Contact us today to explore cybersecurity insurance options and fortify your company’s defenses. Together, we can protect what matters most—your business, reputation, and peace of mind.