1. Implement or refresh cybersecurity training with employees

A 2021 survey by Kenna Security reveals that 31% of companies do not provide training to their employees. According to Embroker, the best way companies can ensure that employees are up-to-date with cyber protocols is to conduct regular training and testing at least twice per year.

(Photo: Shutterstock)

2. Utilize multi-factor authentication

Multi-factor authentication on company platforms and accounts can prevent unauthorized access and “provides a quick but powerful extra layer of security by asking users to confirm the login request using another device or account associated with their identity.”

(Photo: Shutterstock)

3. Perform home network assessments

Embroker advises that companies should not assume that employees’ homes are adequate for storing and accessing company property. IT departments should perform basic assessments of each employee’s home network to ensure their router is high quality and up-to-date; network encryption is enabled; the router’s SSIS name has been changed, and discovery options are disabled.

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4. Provide employees with the necessary software

Companies should invest in a full suite of security software for work-from-home employees, including:
Virtual private network (VPN) that encrypts a user’s internet traffic and disguises the user’s identity and IP address.
A password management platform that encrypts and stores users’ login information in a central location that can be accessed with a master platform.
Remote-wipe software that can allow a company admin to access a stolen device remotely and delete files if there’s a possibility that employee equipment is physically lost or stolen.
Antivirus software. Even if computers and devices are equipped with built-in firewall and malware protection, companies should invest in additional antivirus software, Embroker says.

(Photo: Adobe Stock)

5. Encourage good cyber hygiene

Employees should actively practice good cybersecurity habits. “Don’t assume that your employees will practice these tips on their own; set automatic reminders for things like regular password changes and send updates when new versions of software are released,” Embroker said.

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Cyber risks accumulating in the U.S. property market could cause $12 billion in non-physical damage losses, according to a new study by CyberCube, AM Best and Aon. The analysis also said a loss of that magnitude could result in some carriers’ capital adequacy ratios deteriorating.

The COVID-19 pandemic prompted commercial businesses globally to take a closer look at their enterprise-wide cyber vulnerabilities as in-office workers transitioned to remote work. Now, as companies implement permanent work-from-home or hybrid work models, businesses are again evaluating their systems to ensure they are prepared to defend against a cyberattack.

Just in time for Cybersecurity Awareness Month, Embroker offers tips for employers with remote workforces to help keep their data and systems secure, featured in the slideshow above. However, the digital business insurance brokerage cautions that while the tips can help prevent breaches and hacks, all businesses should carry cyber insurance to help pay for recovery after an attack.

Join @PC_360 on Oct. 26 at 11 am ET for the Twitter chat, “All treats, no tricks: Sweet advice for mitigating cyber threats,” that will feature experts answering today’s pressing cybersecurity questions.