What is your biggest risk factor for a cyber security breach? 

Sadly, the answer is you and your employees, human error.  Formal training programs are available and invaluable to help spot phishing scams and suspicious attachments BEFORE the employee opens them.  We all get into the habit of pushing work through and one wrong click can spell disaster when it comes to a company’s cyber security.  Multifactor authentication is another best practice to add another level of security by verifying users’ identities.  Always verify change in wire transfer instructions, preferably in person or over the phone, train your employees to do the same.  Knowing that we are all human and errors will happen we strongly recommend procuring coverage for cyber liability insurance. 

Did you know that vacant properties pose a higher level of exposure to risks like fire, theft, vandalism, and water damage?  This higher exposure is the main reason that insurance carriers charge higher premiums for vacant building coverage.  Prior to the vacancy, additional security measures should be implemented to keep an eye on the property.  Site inspection is a wonderful risk management tool to implement for vacant properties.  These inspections should be conducted regularly, at least weekly and should include a review of temperature, fire protection systems, clogged drains or rain gutters or any other leaks.