With cyber threats and breaches on the rise, it is a must for businesses to understand their infrastructure. That starts with having a strong network security policy in place for their internal team and external users. When drafting a policy, it’s important for businesses to highlight the current business systems, and understand their capabilities. Here are a few suggestions for you to share with your clients:

  • Assess the needs of the company. A policy must understand the current integrity of the company’s cybersecurity. The business’s IT team should be involved in every aspect of the process to ensure they define the types of security and levels they need, how they collect and store information, and who will have access, and how they will handle their third-party vendors.
  • Account for accountability. The policy should have measures in place for accountability, and a plan in the event of an attack. There should be an ongoing review of the risk and mitigation measures in place and those that are planned.
  • Make the right provisions. The policy should be clear and concise so that everyone is on the same page. It should be proofread more than once and by different people to solicit input and make sure all bases are covered. It should include:
    • Confidential data. Outline what confidential data is at every level.
    • Devices. Using password protection, installing anti-virus software and avoiding lending devices to others should all be outlined in detail.
    • Emails. There must be a strict email policy in place to minimize the risk of spreading viruses through the system.
    • Passwords. Employees should be schooled on how to properly pick, store and secure passwords.
    • Transferring data. All data transfer policies should outline the risks involved and how to avoid them.
    • Remote workers. Remote workers must have a strict policy in place on how to access their accounts, where they can work and how to encrypt their data.
  • Education. Once the policy has been drafted, taking the employees through training to know what to do is key. In the event of a breach, everyone will have all the steps in place and can handle things accordingly. The policy should be reviewed periodically by the IT and risk management team, and then training for all new employees, as well as the entire staff should occur at least once a year.

Getting a cyber liability insurance policy from Highland Risk to reinforce these measures can save time and money if things go wrong. For more information on how you can obtain one, contact an agent at Highland Risk today.

About Highland Risk Services

At Highland Risk, we use our expertise and experience to provide insurance information and programs to those who serve long-term care and senior living facilities. Since 2007, we’ve been offering insurance and risk management plans designed to help our agents give their clients the ability to achieve continued growth while simultaneously protecting against loss, containing costs and increasing profitability. With offices to serve you in Chicago, Illinois and Phoenix, Arizona, we do everything we can to make your experience with us as professional and transparent as possible. To learn more, contact us at (877) 890-9301.