October 5, 2016
October is National Cyber Security Awareness Month
President Obama has designated October as National Cyber Security Awareness Month. The program will feature weekly Keystone Events as well as a heavy Twitter campaign. Those tweeting about and reading about cyber security issues are encouraged to use #CyberAware. More information about Cyber Security Awareness month can be found at the Department of Homeland Security site as well as StaySafeOnline.org, run by the National Cyber Security Alliance.
Many companies depend on technology to conduct their business, ranging from storing information to performing daily business operations. As more companies adopt a “Bring Your Own Device” policy and utilize cloud services, more vulnerable areas are created. Forrester Research noted that 53% of attacks are due to software vulnerabilities. Business interruption and loss of reputation could devastate a company of any size. For many small to midsize companies, the idea that their computer networks are a target for cyber criminals is not considered, but they have the most to lose.
Avalon, recognizing the risk to businesses from cyber security threats, will be featuring Cyber Liability themed articles and claim examples in our Quest Newsletter. You can watch this informative video on cyber risks all businesses are vulnerable to, and you can follow us all month long on Twitter @avalonrisk to join the conversation.
Learn more about our Cyber Liability program here or by contacting your local Avalon representative.