Decorative — Person typing on laptop. Graphics of lock over top to indicate security.

Security

⟶ Avoiding Ransomware Attacks

Ransomware is a type of malware that prevents or limits users from accessing their system, either by locking the system's screen or by locking the users' files until a ransom is paid.

⟶ Protecting your Data

Your data is your business’s most valuable asset. This data includes your customer information, credit card numbers, sales, marketing materials, financial data, accounting software, proprietary formulas, processes, and more.  Ensuring your data is properly protected with safeguards including: managed firewall, daily backup, multi-factor authentication, password policy framework and employee security training are critical to ensure your network is secure.

⟶ Protecting your Customer’s Data

It’s important to remember that the data you’re storing isn’t just your own. If you are a law firm or medical office, you are storing client or patient data, for example, social security numbers, business transactions, financials, and medical history.  Protecting this information from a data breach is your responsibility, including properly backing up the data in case of failure. More importantly, if you discover your data has been compromised, you are responsible for notifying your customer.  Potentially you could also be financially liable for any damages incurred. This is a significant business risk and can be mitigated by properly securing your network.

⟶ Industry Regulatory Compliance

Depending on your type of business, it’s possible that you need to comply with specific regulations. For example, medical offices are required to adhere to HIPAA (Health Insurance Portability and Accountability Act) and HITECH (Health Information Technology for Economic and Clinical Health) regulations.  Financial professionals and private equity firms fall under SEC (Securities & Exchange Commission) and FINRA (Financial Industry Regulatory Authority ).  Businesses interacting with the State and federal government follow guidelines for CMMC (Cybersecurity Maturity Model Certification) compliance.  In summary, compliance is establishing and implementing best practices ensuring the safety of your data.