I Just Experienced a Data Breach, Now What?

Does anything feel more unnerving than when we've experienced a data breach? Someone out there designed a program to infiltrate our personal files and set them ablaze. Why would someone do that? The reasons vary. Whether it's for political, economical, or some other greedy reason, cybercriminals won't stop until they get what they want: your data.

With CyberPolicy's services, we can help you find cyber insurance for your small business from a number of affordable cyber insurance providers. Let's protect your business together.

Data Breach Protection
You come to work one early morning and power up the desktop. You go along with your morning routine; you water the plants, sort the mail and re-adjust your chair when you notice out of the corner of your eye that something's not quite right. Your computer is frozen, and has an ominous message: you've just been hacked. Here are steps to take after you've been the victim of a security breach.

Step 1: Secure the Leak
After you've learned of your cyber attack, immediately determine which of your servers were breached. To state the obvious, you'll want to control the situation right away. Make sure your IT team focuses on the coding or passwords that were targeted and used by the hacker(s).

Step 2: Determine What Information was Targeted
After securing the server, determine what information was stolen, shared or frozen. This includes the names and information of your employees and clients, email addresses, financial accounts, banking statements, social security numbers and driver's licenses. Any and all of this information could be aired to the public, used for ransom or simply used to drain bank accounts. Contact your employees and customers to let them know of the security breach so they can take the proper precautions to avoid being targets themselves.

Step 3: Change all Passcodes
One of the main causes of a data breach are weak passwords. 76 percent of all cyber attacks are because someone made their password too simple. Whether they used their birthdate or their mother's maiden name, using any personal information to secure files is a big no-no. After a data breach, have all of your passcodes changed (including your employees) and make it a rule that using personal information for a passcode is not allowed.

Step 4: Contact Your Insurance Provider
Once you know your company's sensitive information has been breached, contact your cyber security insurance provider. Cyber insurance offers liability and privacy liability coverage in the event of a data breach. Cyber insurance policies protect against property exposure, media content, business interruption and data loss for you, your employees and your customers. With cyber insurance, all involved in your business are protected.

Step 5: Security Freeze
If your company's or customers' financial accounts were breached, force a security freeze. A security freeze will prevent the hackers from using your business's credit information and that of your customers. Your employees and customers will appreciate that you did all you could to protect them after the security breach.

Running a small business takes hard work. You don't want to watch the walls fall down all around you after a data breach. Visit CyberPolicy.com today to see how we can help you keep your business safe.

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