Top Data Security Threats

cyber insurance for nonprofits

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Data breaches happen more often today than you may think and they can severely affect your non profit organization. Negligent employees or those with intent to harm your company are usually the causes of these breaches. Knowing how to avoid data breach and having the proper cyber liability insurance can save your non profit organization money, time, and customers.

Employee negligence is a major threat to your non profit organization. Opening links that contain viruses is one of the primary ways employee negligence contributes to a data breach. In addition, the prevalent use of mobile devices such as phones, lap tops, flash drives, and CDs are contributing to more breaches. These items are now carrying more sensitive information than ever. If an employee leaves one of these mobile items behind, sensitive information can be readily available to the public. Reporting the loss of mobile devices can help recover data and keep it from spreading to unintended to persons. Enforcing security policies for employees to follow will also reduce the risk of a breach.

Furthermore, lack of security against hackers and failure to back up data can contribute to a security breach. It is important to have a trustworthy IT staff who can keep systems updated and install the proper anti malware that will protect sensitive information. Below are a few other ways that can help you protect your organization:

Use stronger passwords
Have physical security systems for areas that store sensitive data
Teach employees the dangers of oversharing on social networks
Employ a policy for destroying documents

Losing data can incredibly hurt your non profit organization if you do not have the proper cyber liability coverage. This loss can cause your company time, the trust and business of your customers, and expenses through reimbursement to customers and paying for data recovery. Through speaking with an insurance professional from Lamb Financial Group, you can learn how to protect your non profit organization from data breach and the losses that come with it. Call 1-866-481-5262 or contact us to learn more information.

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