Often, there is a tendency to not worry about things until the problem affects us directly. We’re as guilty as anyone. Just this past week, an outside vendor that we have business with, experienced a pretty significant security breach. This caused 4 days’ worth of problems for their company and, as we can only imagine, a lot of unhappy customers.
This got us thinking. Are we as secure as we should be? Do we know what to do if we experienced a similar circumstance? What about our customers? Are THEY covered and protected against security breaches and identity theft?
We have learned that you can never be too careful or too secure. We reached out to our vendors, the companies that help us on a day-to-day basis conduct our business, and we asked them how they protect themselves. Interestingly, the commitment to security is surprisingly consistent. Using tools like encryption technology, ever-evolving firewalls, and multi-layer authentication, the protocols are standard with everyone we spoke with. Our confidence level after these discussions was restored.
Cyber security is becoming a widespread concern. There are specific, customizable coverages that can be added to Homeowners and Commercial policies to help mitigate the exposures and losses that can happen after a security breach. As we depend more and more on technology in our everyday lives, our chances of being a victim increases. We decided to dedicate a month to educating our staff and our customers about this very real, very immediate threat that often gets overlooked, but can no longer be ignored.
Tune in to Your Money with Leo Daprile, Wednesday mornings in October at 8:45 a.m. on WKBN am 570 to hear about financial safeguards that you can use. Watch your email inbox for some practical tips on keeping your personal information out of the wrong hands. And, as always, if you have any questions or want more information on Identity Theft or Cyber-Liability coverage, please don’t hesitate to call the office and speak with our staff.