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Medical and health care businesses have unique cyber security needs — here’s a little bit about them

Last blog post, we identified a few different industries that find themselves more susceptible to cyber security threats. In general, these are industries where businesses are tasked with storing personal and sensitive information.

Hackers are not going to waste their time trying to obtain information that has no value — they target information that they can monetarily benefit from.

If your business belongs to one of these industries, you should be on high alert for cyber attacks

Here on this blog, we often write about how one of the biggest mistakes you can make as a business is assuming that you are not at risk of a cyber attack. Many small businesses assume that they are too small for hackers to even bother messing with.

While this is untrue, and businesses of ALL sizes and industries should always plan for a would-be cyber attack, the reality is that some industries attract attacks more so than others.

Cyber security: A BIG concern for small businesses

When cyber security breaches hit large companies, the news makes headlines around the country. We recently saw this when a single hacker stole troves of personal information from Capital One Financial Corporation.

These types of hacks are certainly noteworthy because they affect millions of people, and put their personal information in jeopardy.

Cyber insurance might be a lifeline that ends up saving your business

If your company’s office caught on fire, or was damaged by a storm, the chances are high that your insurance coverage would help you cover the costs associated with such damage and put you back on the path to recovery.

But, what about a different type of disaster — one that is happening more and more to businesses of all kinds throughout the country?

Breaches in a business’ IT infrastructure and computer network can have a similar, devastating effect on a company, but traditional insurance does not cover the financial fallout whatsoever.