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Cyber Risks Basic Loss Control Techniques

Lock and network cableProtecting your business from cyber risks can be an overwhelming venture. With each passing month, new and more sophisticated viruses are being discovered, more spam is reaching your inbox and yet another well-known company becomes the victim of a data breach.

The world will never be free of cyber risks, but there are many loss control techniques you can implement to help protect your business from exposures.

1.     Install a firewall for your network.

Operating systems often come with pre-installed firewalls, but they are generally designed to protect just one computer. Examine the firewall’s options and select the best configuration to keep the computer safe.

If your business has a network of five or more computers, consider buying a network firewall. They can be pricey but network firewalls provide a fine level of coverage for an entire network.

2.     Install anti-virus, anti-malware and anti-spyware software.

This loss control technique is the easiest and most effective way to increase security at your business. Make sure to install the software on each computer in your network—computers that don’t include these types of software are much more likely to be exposed and can possibly spread malware to other computers in the network. There are a host of viable options for each type of software, ranging in price from free to an annual subscription. Be sure to keep the software as up-to-date as possible.

 3.     Encrypt data.

No firewall is perfect. If a hacker manages to get through your firewall and into your network, your data could be a sitting duck. Encryption will make the data unreadable to a hacker. Consider using an encryption program to keep computer drives, files and even email messages safe from hackers.  Read more >> 

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