Being prepared for cyber attacks

5 steps to help protect your construction business

As the world becomes increasingly digital, cyber threats are growing and no business is immune. Implement these steps to help protect your business and better prepare should an attack occur.

Know what you have

Document your assets by doing a physical inventory and cataloguing all hardware and software your business uses in a printed list format.

Prioritize your risks

Engage qualified professionals to perform annual security assessments on your computers and any connected equipment. This includes technical and non-technical security control assessments to help you prioritize key issues so that you can work to address them.

Practice good security hygiene

Collect data only when it’s critical. It’s important to back up everything regularly to a disk, tape or the cloud, ideally stored on a secondary system. Software and hardware also need to be maintained, so be sure to check for updates and patch whenever recommended.

Be prepared to respond

Create a robust, proactive incident response plan and start building relationships with your response team now – before you need their help. Be sure your response plan identifies your security, legal and public relations experts, plus your insurance partners.

Consider purchasing cyber insurance

If you’re breached and information is stolen or ransomed, restoring your systems, data and reputation can be costly, and getting things back on track can take days, weeks, or months. That’s why you may want to consider purchasing cyber risk coverage with your business insurance policy.
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5 steps to help protect your construction business

As the world becomes increasingly digital, cyber threats are growing and no business is immune. Implement these steps to help protect your business and better prepare should an attack occur.

Know what you have

Document your assets by doing a physical inventory and cataloguing all hardware and software your business uses in a printed list format.

Prioritize your risks

Engage qualified professionals to perform annual security assessments on your computers and any connected equipment. This includes technical and non-technical security control assessments to help you prioritize key issues so that you can work to address them.

Practice good security hygiene

Collect data only when it’s critical. It’s important to back up everything regularly to a disk, tape or the cloud, ideally stored on a secondary system. Software and hardware also need to be maintained, so be sure to check for updates and patch whenever recommended.

Be prepared to respond

Create a robust, proactive incident response plan and start building relationships with your response team now – before you need their help. Be sure your response plan identifies your security, legal and public relations experts, plus your insurance partners.

Consider purchasing cyber insurance

If you’re breached and information is stolen or ransomed, restoring your systems, data and reputation can be costly, and getting things back on track can take days, weeks, or months. That’s why you may want to consider purchasing cyber risk coverage with your business insurance policy.
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Next

Get help managing your cyber risk

When it comes to managing cyber risk for your business, you don’t have to go it alone.

Contact your insurance broker to learn more about risk management strategies, cyber risk insurance, and how Northbridge Insurance can help.

Our commitment to your construction business means you can worry less and build more

At Northbridge, we know the construction work you do is challenging, and you need a comprehensive solution to help you stay protected. That’s why our industry experts take the time to get to know your business and help you understand the various risks associated with your projects, so together we can build at tailored insurance package to help you stay competitive and seize new opportunities.

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This resource is provided for information only and is not a substitute for professional advice.
We make no representations or warranties regarding the accuracy or completeness of the information and will not be responsible for any loss arising out of reliance on the information.

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