Business Productivity

Self-reliance is a strength in many aspects of life, including business. We view companies that handle all the different operations involved in running their business with respect and admiration. It is impressive if a business can stand on its own two feet and flourish. But there are also areas when self-reliance is not the best option. Cybersecurity is a perfect example. Although many do not readily admit it, most businesses today cannot deal with cybersecurity threats. Should an online attack happen, an unprotected business network will experience massive data loss and disruption to the flow of operations. The simple reason…

Digital technology continues to evolve which can result in cybersecurity risks. The good news is these changes bring a multitude of new ways that businesses can grow. But along with these developments, there are also the growing risks of online threats. No matter how you try to protect yourself, there will always be a prevailing danger every time you enter the online environment. Even large multinational corporations sometimes become victims of cyber-attacks. So, it is no challenge to breach small businesses and cause cybersecurity risks. Addressing Inadequate Security Measures The good news is those small businesses are not helpless despite…

By now, most businesses are aware of the cybersecurity dangers that lurk on the internet. But despite the awareness, many companies still fall prey to all sorts of online attacks. Some victims are even large, multinational corporations that you would think would have a bulletproof security system in place. The thing is that hackers are continuously innovating the ways they attack us. By developing new means of breaching security, they can get their hands on our data. It is also likely that many of us are just not as prepared as we think. In any case, one action we can…

Cybersecurity insurance protects businesses in the event of online attacks. Insurance providers can absorb a considerable amount of the impact, allowing companies to recover faster and get back on track after experiencing a cyber breach. Recent data shows an alarming rise in the cybersecurity claims made by businesses across various industries around the world. Let's try to figure out why this is happening. The Upsurge of Cyber Claims for Cybersecurity Insurance With continuous and rapid technological developments, online threats have also advanced considerably. Social engineering and ransomware attacks have risen dramatically. As a business owner, you must understand what has…