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What You Need to Look for in a Cyber Insurance Policy

What You Need to Look for in a Cyber Insurance Policy

Perhaps predictably, the word “insure” has roots that tie it closely to “ensure,” as it is meant to ensure a level of security after some form of loss. Nowadays, that loss often pertains to data, making cyber insurance an extremely valuable investment for the modern business to make.

However, in order to obtain this kind of insurance, businesses commonly need to meet some basic requirements. Let’s go over some of these requirements now.

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Business Disaster Comes in Many Different Forms

Business Disaster Comes in Many Different Forms

In business, there are always issues that need to be met. Often, there are so many that finding which ones to give priority is a chore all in itself. Choosing the best path forward depends on the situation, so when you are considering your organization’s disaster recovery you have to take into account every troubling situation your business can encounter. This month let’s go through some of the most prevalent disasters that a business can face. 

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Who Would Use Tape Backup in a Modern Business World?

Who Would Use Tape Backup in a Modern Business World?

Tape backup has been used for a long time, and it was once the most prominent solution for data backup out there. Nowadays, it’s not used much at all, mostly in favor of better and more convenient solutions. However, there has been a slight resurgence in tape backup, so we want to look at why some companies might still use it, despite its flaws.

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That False Sense of Security is Going to Bite You

That False Sense of Security is Going to Bite You

Cybersecurity is important. Scroll through a few pages of our blog and you’ll see article after article talking about threats and ways to make yourself and your business less vulnerable to cyberthreats. As an IT professional, however, I’d be so much happier if the state of the world didn’t require such a massive effort just to protect oneself and we could just talk about cool stuff you can do with modern technology all the time!

But alas, strong cybersecurity is crucial to virtually any organization, and it’s becoming even more important by the month.

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Does Your Data Backup Comply with the 3-2-1 Rule

Does Your Data Backup Comply with the 3-2-1 Rule

We often discuss data backup and disaster recovery on our blog, and you may even be familiar with some of the terms and practices we throw around. Today, we want to take a closer look at the 3-2-1 rule and how it impacts your business’ ability to recover in the face of a disaster. Let’s dive in and see how the 3-2-1 rule can make or break your company’s data infrastructure.

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What’s Your Business Continuity Strategy for 2023?

What’s Your Business Continuity Strategy for 2023?

When you suffer a data breach, you might wonder how you can possibly come back from such an event, especially if it leads to a network compromise. Can your business rebound effectively, and if so, what do you need to do to make sure that it doesn’t happen again? It all starts with understanding how much data you need to function, as well as how much downtime you can afford to suffer from.

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Is Your Backup Device AMAZING?

A techy colleague of mine was taking advantage of a rainy weekend to update his internal infrastructure. For the sake of our story, we’ll call him Bobby. Bobby was migrating his entire server over to brand new hardware on a new rack. Without getting too technical, his server contained several virtual servers running in tandem, controlling his overall network, storing his data, and running his line of business applications. In other words, it was critical to his business. If it were to go down, his employees would be nearly crippled.

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Tip of the Week: Stay Positive When Disaster Strikes

Involve Your Team

In a crisis event, you need to have your team at your side (even if they must physically stay home) and supporting you. Here are a few ways to encourage this:

  • Keep your team in the loop. Make sure that everyone has the information that they should, as withholding as much as possible will only distract from the goals you are trying to accomplish and make effective communications more difficult. Of course, don’t share information that they shouldn’t hear.
  • Set the tone. As much as you can, maintain control of the situation at hand and make sure everything that you need to complete is still completed. Your employees will probably follow your example, making progress and recovery much simpler.
  • Trust who you’ve hired. There is a reason that you haven’t fired your employees: they can contribute to the business. Allow them to make these contributions, rather than taking on too much yourself.
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Six Things You Need from Your IT Service Provider Right Now

To help you out, we wanted to go over a few of an MSP’s capabilities, particularly the ones that will assist your business the most during tough times.

Fast Response Times

In this (or any) business disaster, downtime is the enemy. If there is some technical issue that is preventing work from being done efficiently, your business is going to feel the ramifications. Depending on how severe the downtime is, it could impact the likelihood of your business lasting in the long-term. 

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Keep Your Business Going with Strong Continuity Planning

A BCP is a plan that will be enacted in any situation that causes the business’ operation to be interrupted. This could be as simple as a deleted file, but it could also be enacted in situations where the health of the business is in grave danger. Having a comprehensive BCP in place helps eliminate the confusion that could further hurt your business when the going gets rough. 

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Managing Your Business and Remote Workforce During the COVID-19 Pandemic

First of all, it’s important not to panic. Many organizations have been offering work-from-home perks for years. Not only is it entirely possible to keep business running, but many businesses see a boost in productivity. A two-year Stanford study shows that in general, remote workers are as productive, if not more so, than those confined to an office.

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How is Your Business Going to React to a Crisis?

As more and more people are dealing with the virus and its effects on commerce, supply chains are failing and distribution patterns are completely disrupted. This has had a devastating effect on the world economy. It isn’t like a hurricane or a flood, but an outbreak, like most other disasters, hit business’ suddenly and has led many to enact their disaster recovery strategies. Today, we are going to discuss how IT fits into disaster recovery

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Backup System is a Crucial Tool when Disaster Strikes

The COVID-19 pandemic has certainly thrown us all for a loop, with many businesses wisely choosing to close their office doors, either scaling back their operations or choosing to utilize a more mobile workforce. While this clearly qualifies as a disaster, it isn’t one that holds too many risks against your data; at least, not when compared to some others. This gives us a chance to consider how well-prepared we are for other disasters that could pose more of a threat to the information and files your operations depend on. For instance, how would you respond if something were to happen to your actual business infrastructure (and, by association, any data you had stored there)?

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Coronavirus: A Threat to Your Staff, Cyberthreat to Your Operations

How to Minimize General Exposure in the Office

Based on what is currently known about the coronavirus, the Centers for Disease Control and Prevention have some recommendations as to how to keep the potential impact of coronavirus to a minimum:

  • Encourage employees who are ill to stay home. This will help to minimize the spread of infection within your business. Make sure that your employees are aware of this policy by reiterating it verbally, and by posting notices around the office encouraging them to stay home if under the weather.

    Emphasize hygiene and etiquette. Properly stifling coughs and sneezes and keeping hands clean are surprisingly effective ways to keep your workplace healthier. Rather than using their hands to catch a cough or sneeze, your employees should use a tissue or--if unable to do so--use the upper part of their sleeve.

    The CDC recommends that tissues and alcohol-based hand sanitizer should be made readily available. Make sure your employees are washing their hands with soap and water for the recommended 20 seconds.

  • Engage in keeping the workplace clean. There is a chance that coronavirus (and other illnesses) could be spread via infected surfaces. Make sure that all surfaces that are touched frequently, like desks, workstations, and doorknobs, are kept sanitized. Provide your employees with disposable wipes so they can proactively disinfect these surfaces before use.

If you find that one of your employees is confirmed to have been infected with coronavirus, make sure that you inform their coworkers of their possible exposure while still maintaining the confidentiality that the Americans with Disabilities Act requires. These employees and those who are living with a sick family member should assess their risk of exposure using the CDC’s guidelines.

Coronavirus as a Cyberthreat

Unfortunately, coronavirus will also require you to also keep an eye on your network security, particularly if you operate within the healthcare industry. Hackers and cybercriminals have taken advantage of the widespread concern that the disease has caused. For example:

  • Scammers have phished healthcare providers with updates that appear to have come from the World Health Organization or hospitals local to their area, but actually introduce keyloggers into their systems.
  • Those involved in the medical supply chain have been targeted with emails referencing the coronavirus that install malware to steal information.
  • Ransomware has been introduced into consumer systems by promising recipients of an email information about COVID-19’s spread.

While the current climate may not make it easy, these emails and other threat vectors can be overcome through the same best practices that foil other cyberthreats. In addition to comprehensive digital protections, training your employees to spot these threats will be crucial.

Of course, you should also maintain a comprehensive backup in case you need to recover from a successful attack.

How to Maintain Productivity with Your Team at Home

With today’s technology, sending an employee home sick doesn’t necessarily mean that you will be sacrificing that employee’s productivity. We now have many ways that your team can work effectively from home, still contributing to your organizational agenda without exposing their coworkers to their illness.

Equipping Your Employees

Remote access solutions, paired with virtual private networking technology, can allow your employees to securely continue their work from home, safely accessing the applications and data their tasks require through an encrypted connection. As collaboration will certainly be necessary, you will want to be sure that your employees are also equipped with the communication tools that facilitate this collaboration as well.

Network Protections

You will also want to thoroughly secure your network infrastructure to help prevent threats like phishing attacks and other methods from being successful… as well as preparing for a potential breach or emergency with data backups and disaster recovery policies and procedures (including contact information for your employees) to help mitigate a worst-case scenario.

Employee Awareness

Finally, make sure your employees are on the lookout for any suspicious activity that could be a cybercriminal’s attempt at using the coronavirus as a means to an end. Not only should your employees know how to spot these attempts; they should also know the proper procedures for reporting and handling them.

Is the coronavirus scary? At this point, it is safe to say that it is, but does it have to interrupt your business operations entirely? Not if you are properly prepared.

For more assistance in preparing your business for any kind of disaster, reach out to the professionals at Coleman Technologies by calling (604) 513-9428.

 

What is COVID-19?

COVID-19, better known as coronavirus, is a respiratory illness that first appeared in Wuhan, China, and was reported in the United States on January 21st, 2020.

As of March 3rd, 12 states have reported 60 total cases of coronavirus and six confirmed deaths, with no vaccines or specific antiviral treatments for the illness. Symptoms of the virus include fever, shortness of breath, and a cough, while those with complications from the virus can experience pneumonia in both lungs, failure of multiple organs, and death. 

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Disasters Have Many Different Faces

Downtime is Crushing

Any time your organization isn’t operating under normal circumstances (i.e. any time it’s simply not functioning, or functioning at a loss) can be considered downtime. This takes multiple forms, including employees unable to access critical software or data, the office being shut down due to a power outage, or even technology problems that result in devices not working as intended. Whatever the reason--and data loss disasters are a big one--you can bet that downtime has a considerable impact on both your wallet and your organization’s long-term sustainability.

Data Loss is Challenging

What a lot of businesses might not understand about data loss is that it equates to lost progress, or work that needs to be done over again. Think about it this way; your organization has to collect all the data again, assuming that there is no way to actually restore it. This is why so many businesses have a data backup and disaster recovery solution, as retracing your steps can be costly, time-consuming, and, quite frankly, a waste of time that could have been avoided with the proper foresight.

Considerable Fines for Security Risks

In many cases, a data disaster can involve a security breach, where personally identifiable information or sensitive corporate data can be stolen or exposed to danger. When this happens, certain industries that are supposed to adhere to various security thresholds may be subject to fines based on the specific types of data affected. It’s needless to say that this kind of disregard for security compliance can lead to crippling fines and legal repercussions.

In all of the above cases, having a data backup and disaster recovery solution from Coleman Technologies can offset the challenges and difficulties of operating at a loss. To learn more about the solutions we offer, reach out to us at (604) 513-9428.

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Tip of the Week: Prepare for These Disaster Recovery Challenges?

1. Compliance Concerns
First, you need to be sure that your data is not only stored securely but is also sent back and forth to your backup solution properly. This is especially true if your industry is subject to any government mandates concerning how data must be handled, as the penalties for non-compliance can be just as severe as the influence of data loss would be.

Whether you manage your own solution or leverage a vendor to keep your data securely backed-up, the same severity applies. The size of your business has no influence, either, despite many smaller organizations having a difficult time keeping up with these regulations. These businesses are especially benefited by the availability of outsourced IT resources, as these providers are better prepared to see to these compliances and minimize any risk.

2. Costs and Scalability
It is also important to recognize your needs, including the costs that fulfilling those needs may incur (like how much a cloud provider charges for you to download your backed-up data). Before you select a particular cloud provider, make sure that you have considered all of these charges.

Furthermore, a backup solution that can only keep you safe from major disasters is one that overlooks a huge percentage of the actual issues you are apt to face. Sure, ransomware attacks and fires happen, but so do hard drive failures and other causes of small-scale data loss. Every strategy you enact needs to be documented properly, with useful information shared clearly, succinctly, and actionably.

3. Lack of Management or Testing
If your company is ever in the position that it needs to lean on a data backup, they’re going to need to lean on a leader to ensure that this process goes without a hitch. In many cases, this role would fall on your shoulders - but what if something goes down while you (or whoever is in charge of managing the recovery process) aren’t there?

This is why you need to keep a comprehensive, up-to-date plan prepared for just this occasion, a hard copy ready to be referenced on-site as well as one digitally stored in your backup files.

In addition to this preparation, you also need to make sure that the backups you’ve prepared actually work in the first place. A backup will do you no good if you can’t recover the data from it, after all. Make sure that, just as you would a fire drill, you practice utilizing the backup on occasion.

How Coleman Technologies Can Help
We have the expertise and capability to put together just this kind of strategy for you and your employees to leverage. That way, you can be confident that your disaster recovery won’t just be a new disaster to deal with. Reach out to us at (604) 513-9428 to learn more today.

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