Cyber Liability Checklist

Hackers are thriving in our digitally-reliant workforce, causing a flurry of cybersecurity concerns for businesses nationwide. Ransomware attacks have been rising each year, resulting in claims for malware attacks, funds transfer fraud, data breaches, pretexting attacks, compromised business emails, and more to skyrocket.

Recovering from cyberattacks is expensive and can compromise the sensitive Personally Identifiable Information (PII) of your clients, their staff, and stakeholders. To protect against the damage of malicious cyberattacks, keep in mind the following 11 preventative measures.

  1. Enable Multi-Factor Authentication (MFA)
    Setting up MFA adds an extra step of identification confirmation. This ensures users verify their identity through a second remote method, such as receiving a code on their phone or using an authenticator app.
  2. Utilize Endpoint Detection Software
    Endpoints like servers, user stations, and laptops are vulnerable to attacks. Endpoint detection software scans and monitors these connections, providing an additional security layer.
  3. Disable Remote Desktop Protocol (RDP) Access
    While RDP allows remote control of computers, it opens a less secure access route. Disabling RDP reduces your system’s exposure to cyber threats.
  4. Maintain 3-2-1 Backups
    Store three separate backups of your data on two different types of media, with one backup stored offsite or in the cloud. This strategy ensures data recovery even in the event of a breach.
  5. Use a Password Manager
    Password managers make it easy to use complex, secure passwords that are regularly updated, reducing the risk of password-related breaches.
  6. Enforce Privileged Access Management Protocols
    Restrict access to sensitive files to only those who need it. This limits the impact of a breach by segregating access to critical company data.
  7. Install Filtering Software
    Blocking access to high-risk websites can reduce the chances of accidental exposure to malware or phishing schemes.
  8. Develop and Store an Incident Response Plan Offline
    Having a detailed recovery plan with contacts, protocols, and procedures ensures a faster response and minimizes damage when a breach occurs.
  9. Provide Employee Training
    Educate employees to spot phishing attempts and other malicious activities, empowering them to avoid behaviors that could lead to breaches.
  10. Regularly Test Backup Systems
    Verify that backup systems function correctly to ensure files can be restored when needed. Many businesses face unexpected failures when attempting restoration.
  11. Perform Penetration Testing
    Simulate phishing attempts or hire third parties to test system defenses. This practice identifies weaknesses in your security setup and ensures your cyber plan is effective.

By implementing these measures, businesses can greatly reduce their exposure to cyber risks and protect their operations against costly attacks.

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