Cyber attack, the potential impact and how to avoid one!
All company's in every industry including title insurance and law face the threat of, and potential losses caused by, a malicious cyber attack!
92% of companies that suffered a cyber attack had losses from a variety of causes including intellectual property and corporate downtime.
84% of the losses suffered above involved actual costs needed to be borne by the company.
20% of the businesses suffering a monetary loss incurred a cost greater than $195,000. (Source)
10 ways to protect your law practice or other business from a cyber attack!
Some if not all of these safeguards may seem like common sense things to do, but in the day to day operation of a business how many are actually implemented on schedule and consistently over time?
- Establish strong passwords,
- Put up a strong firewall,
- Install antivirus protection,
- Install all recommended updates,
- Secure the information on laptops being used by your employees,
- Secure the information on mobile phones used by your employees,
- Set-up a regular schedule to backup the information being stored,
- Have someone tasked with monitoring the system,
- Avoid importing a virus by avoiding unfamiliar emails, IMs and websites,
- The same way employees are educated on product or corporate issues, they need to be educated on safe online usage.
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Mike Haltman, Partner
Hallmark Abstract Service
131 Jericho Turnpike, Suite 205
Jericho, New York 11753