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One data breach is one too many for any business

As technology continues to evolve, companies of all sizes and across many industries are working hard to keep pace. With the huge push to integrate the internet into daily operations, the proper way to dispose of old information though is often forgotten about.However, small and medium-sized businesses must take care to keep themselves protected on all fronts. While some owners might have the mindset that no one wants to break into their computer system, the ...

Lessen your company's vulnerability with the right technology insurance

Few businesses are completely impervious to change, which is why many sectors have been integrating more computer systems into their daily operations. However, with those adjustments also comes the risk of cyber attacks, something that companies of all sizes must prepare for."Small businesses generally have fewer resources available to monitor and combat cyber threats, making them easy targets for expert criminals," Chris Collins, chairman of the House's Subcommittee on Health and Technology, told Entrepreneur. ...

High-profile hacking is a reason for businesses of all sizes to be prepared

"It will never happen to me."That is a dangerous mindset for small and medium-sized business owners to have, especially when it comes to sensitive information that is stored online. Computer systems have become commonplace in companies across all industries. Whether organizations use databases - virtual or physical storage - for customer information or otherwise, security measures are crucial.However, the unexpected can still happen. Without the right technology insurance in place, businesses could be facing an ...

Why small businesses need to have data protection plans in place

The digital age is in full force, and it is important for small and medium-sized businesses (SMBs) to have necessary precautions in place to keep their data, and customers' information, safe. However, even with large corporations experiencing security breaches, smaller firms are not taking notice.A recent report from software developer Spiceworks found that of 1,000 SMB IT officials surveyed, nearly half had experienced a data loss at their company. Even though many organizations are ...

As businesses transition to virtual needs, they need to keep insurance accurate

With more companies adopting new computer systems into their daily operations - such as cloud technology and virtually stored information - it is important for owners to keep their insurance policies up-to-date as well. The same way that businesses need to occasionally adjust marketing techniques, in order to meet the changing needs of their customers, insurance coverage might need to be adjusted over time.The task does not have to be as daunting as some small or medium-sized ...

Being prepared is different than being 'used to' natural disasters

Different areas of the United States must account for different types of storms and natural disasters. While Florida braces for hurricanes, the Midwest has to buckle down for tornado season. However, for small- to medium-sized business owners, simply having an idea of what might come their way is not the same as actually preparing for it.California residents were reminded of what can happen in their area on Monday morning of this week, when a ...

As business needs change, keep insurance up-to-date

It is unrealistic to assume that once an insurance policy is chosen for a business, that it will never need to be adjusted. Companies must evolve along with changing technologies in order to stay current and able to meet customers' needs.For example, privacy policies often need to be adjusted within a business, especially with how the organization is allowed to handle - and possibly share - customer data. James Snell, co-chair of the privacy ...

Homeowner's insurance is not enough for a craft business

For business owners who operate out of their home, it is a common mistake to assume that homeowner's insurance will protect all assets associated with the company. Just because craftspeople use their house as a base for an organization, does not mean that there is one blanket policy that will cover both residential and commercial property.Let's say that you believe you have thought of everything. You have developed your manufacturing skills and fine-tuned your mind for ...

Business owners should never have to sacrifice their home to save the company

Small business owners should never have to make the choice between keeping their home or ensuring that their company can stay open. It is crucial for organization heads to fine-tune a commercial insurance policy that is as unique as its daily operations and products or services offered.Sticking to the basics is not always enough, especially when it comes to finding commercial property insurance that can account for every nook and cranny of a business ...

Even small companies must prepare against cyber threats

The last decade has seen technology make leaps and bounds, and businesses of all sizes have been working hard to keep pace with all of the changes. However, it is also crucial for organizations to keep all stored data protected, otherwise the recovery process could be difficult and expensive.Symantec, the maker of the Norton Anti-Virus, released a report that said 36 percent of the global targeted attacks in the first half of 2012 were ...