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Why does your business need cyber insurance?

Why does your business need cyber insurance? The WFH model makes businesses much more vulnerable and easy targets for cybercriminals. Some of the reasons include A lot of people accessing their work data from home networks, which lacks high-level security The inability of businesses to monitor the work-related IT activities of their staff and, The use of personal devices by employees for work purposes Businesses can overcome this challenge through a combination of tools and actions such as Installing anti-malware software Putting in firewalls to safeguard their work network Having clear and effective IT policies in place when operations are remote Providing staff with laptops or desktops to use for work purposes during the WFH phase Training employees to identify cyber threats and steer clear of them Educating employees on password hygiene and cybersecurity best practices However, these measures are no guarantee that nothing will ever go wrong! When you lose data accidentally or, when
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WFH means more vulnerability to cybercrime

WFH means more vulnerability to cybercrime. Here are some methods to stay safe WFH opens up whole new horizons in terms of flexibility, productivity, and cost savings. But, it also opens your business up a little more to cybercriminals, as you can’t have a hands-on approach to cybersecurity, especially if your employees are using their own devices for work. This blog discusses some mechanisms that you can use to mitigate the risks of becoming a victim of cybercrime in the WFH setup. Multi-factor authentication Instead of using a single password for data access, multi-factor authentication adds more layers to security. If WFH has your employees accessing their work computers remotely, then you simply cannot skip multifactor authentication. Multi-factor authentication works by confirming the identity of the user across 3 areas What they know: Examples include asking for User IDs, passwords, answers to ‘secret questions’, verification of their date of birth, etc. What they have: This incl

Data security in a WFH setup

Data security in a WFH setup Do you have staff working from home? With the pandemic still around, the answer to that question is most likely a “Yes”. And, that makes sense too, why risk the safety of your staff when you can operate equally well or even better with them working from the safety of their homes. But, did you know that the WFH model can put your data at risk? When you have your employees work remotely, inadvertently your data is more vulnerable to cybercrimes. However, there are solutions that help ensure the WFH environment is safe--for both your employees and your data. Let’s take a look at 2 of the most recommended ones. Anti-malware tools Any discussion about data security has to start with anti-malware applications. These applications keep your computers safe from viruses, worms, adware, and other malware. When your employees are working remotely, they are most likely to use their own devices such as their laptops or the desktop computers at their home. Plus, with the

The challenges in establishing data security best practices

The challenges in establishing data security best practices in a WFH environment The COVID-19 pandemic changed the landscape of the corporate world drastically by making WFH, mainstream. What does that mean for your business data? How does it change your business’s cyber risk profile? Download our whitepaper, The WFH environment & associated data risks, a new perspective, to find out. Restrictions on installing firewalls, antivirus, system/software updates, and security patches When your employees are in the office physically and using your computers, you can install firewalls and access control mechanisms. For example, you can block non-work-related sites or sites with 3rd party cookies, or set up password policies for them to follow when using the device, etc. But, if they are working from home, and using their own devices, there’s no way you can install firewalls or have access restrictions like that in place at the system level. Similarly, you can ensure your work computers a

VPN 101: Remote access and safety

VPN 101: Remote access and safety As we know, the Coronavirus pandemic has brought about a paradigm shift in the way businesses function. Home is now, ‘The Office’. With WFH taking root, companies and employees alike are experiencing so many benefits that it looks like it is here to stay. This has given a boost to various technologies that enable businesses to operate smoothly in the WFH environment. Examples include video conferencing applications such as Zoom, Microsoft Teams, Google Meet, Cloud data storage options, VoIP, etc., In this blog, we discuss one such technology, Virtual Private Networks, more commonly known as VPN. A VPN or virtual private network is a mechanism to connect to private IT networks using the internet. This gives you the ability to access private networks remotely, yet safely. Thus VPNs play a key role in the remote operations model. Using remote access VPN, employees can access their ‘work computers’ using the remote desktop mechanism. Plus, using VPNs to ac

WFH is here to stay Are you ready?

WFH is here to stay. Are you ready? The COVID-19 pandemic brought about tremendous, unimaginable changes across the world. Lockdown, shelter-in-place orders, ban on gatherings for safety purposes and national and international travel restrictions meant the world, and businesses couldn’t function as they were doing in the pre-pandemic times. Tradeshows went online, meetings happened from the couch in the living room, company parties meant saying cheers and sharing a glass of wine over a Zoom call with your video turned on. The transition to this work-from-home (WFH) culture on such a large scale and at this level was unforeseen, but it has happened nevertheless. While initially there were talks of this transition being short-lived and people resuming ‘normal’ lives in a couple of weeks, now it is clear that this trend is here to stay. Organizations and employees alike are seeing the numerous benefits of working from home. From the company perspective,three big benefits stand out: they i

Gaining a competitive edge during the pandemic

Gaining a competitive edge during the pandemic The COVID-19 pandemic has been tough on everyone. The lockdowns, the need to follow social distancing--though indispensable--have been tough on individuals and also resulted in a lot of revenue loss to businesses. For SMBs though, this time has been particularly difficult, with a general downturn in the economy and the job losses, which has been affecting people’s ability to make purchases. In the middle of all these challenges, SMBs are grappling with yet another issue--the need to keep their business running, even remotely in some cases. A lot of businesses had a tough time adapting to the work-from-home setup. Since this sudden transition to the work-from-home model was largely unplanned, a lot of them became victims of cybercrime and many more are being targeted even as you read this. If you're one of those businesses that implemented the WFH model overnight, then it’s time you paid attention to the cybersecurity angle of it. Here