Are you aware that the rise in global VPN usage has skyrocketed? The reasons are clear as day: Virtual Private Networks offer increased security, anonymity, and allow access to geo-restricted content online.

But here’s the million-dollar question: Are all VPNs created equal?

The answer is a resounding no. And that has potential implications for your business.

Free VPNs, although tempting with their zero-cost allure, aren’t always what they promise to be. Why, you ask? Let’s take a closer look at free VPN services.

For starters, it’s important to understand that running a VPN service comes with substantial costs. Servers, infrastructure, maintenance, staff – these aren’t free.

So how do free VPN providers keep the lights on? Some employ tactics that could compromise your privacy and security.

Imagine this: You’re sipping your morning coffee, browsing the net through a free VPN, believing your online activities are private. In reality, your sensitive information might be collected and sold to the highest bidder.

Cyber criminals, advertisers, even government agencies could potentially get their hands on your data.

Shocking, isn’t it?

Moreover, free VPNs are notorious for injecting unwanted ads and tracking cookies into your browsing sessions. Ever wondered why you’re suddenly bombarded with eerily accurate ads? It’s probably your free VPN service cashing in on your browsing habits.

Now, consider the potential danger if an employee downloads a free VPN on a company device, or on their personal device that they use for work. Company data could be exposed, representing a significant business risk. Picture a scenario where your company’s sensitive data falls into the wrong hands – a chilling thought, isn’t it?

So, what’s the solution?

It’s crucial to educate your employees about the risks associated with free VPNs. Encourage the use of reliable, paid VPN services that guarantee no logging of data, robust encryption, and superior user privacy.

In fact, you may choose to provide one to them. If we can help you find the safest, most suitable VPN for your business, get in touch.

Remember, when it comes to online security, free often comes at a higher cost. Isn’t it worth investing a few ££ a month to protect your company’s valuable information?

That Could Result In Your Claim Being Denied Coverage

You’ve all heard the stats – small businesses are the number 1 target for cybercriminals because they’re easy targets, with a recent article in Security Magazine reporting that nearly two-thirds (63%) of small businesses have experienced a cyber-attack and 58% an actual breach. But what many still don’t understand (or simply don’t appreciate) is how much a cyber-attack can cost you.

That’s why one of the fastest-growing categories in insurance is cyber liability. Cyber liability covers the massive costs associated with a breach, which may include the following, depending on your policy:

• Legal fees to handle any number of lawsuits, as well as fines and penalties incurred by a regulatory investigation by government.
• Negotiation and payment of a ransomware demand.
• Data restoration and emergency IT fees to recover your network and get it operational again.
• Customer notifications and credit and identity theft monitoring for clients and employees.
• Public relations expertise and call center costs for taking inbound calls and questions.
• Loss of revenue related to being unable to transact; if your operations and data are frozen, you might not be able to process sales and deliver goods and services for days or weeks.
• Errors and omissions to cover liability related to a failure to perform and deliver services to customers, as well as allegations of negligence in protecting your customers’ data.

If you want to make sure you don’t lose everything you worked so hard for to a cyber scumbag, cyber liability is a very important part of protecting your assets.

But here’s what you need to know: In order to get coverage, businesses are required by insurance companies to implement much more robust and comprehensive cyberprotections. Obviously, the insurers want the companies they are underwriting to reduce the chances and the overall financial impact of a devastating cyber-attack so they don’t have to pay out – and this is where you need to pay attention.

MANY business owners are signing (verifying) that they DO have such policies and protections in place, such as 2FA, a strength of password requirement, employee awareness training and data recovery and backups, but aren’t actually implementing them, because they assume their IT company or person knows this and is doing what is outlined in the policy. Not so in many cases.

Unless cyber security is your area of expertise, it’s very easy for you to misrepresent and make false statements in the application for insurance, which can lead to your being denied coverage in the event of an attack and having your policy rescinded.

If you have cyber liability or similar insurance policies in place, I urge you to revisit the application you completed with your IT person or company to make absolutely certain they are doing everything you represented and affirmed you are doing. Your insurance agent or broker should be willing to assist you with this process since your IT company or person cannot be expected to be insurance professionals who know how to interpret the legal requirements outlined.

What’s critical here is that you work with your IT company or person to ensure 100% compliance with the security standards, protocols and protections you agreed to and verified having in place when you applied for coverage. IF A BREACH HAPPENS, your insurance provider will NOT just payout. They will conduct an investigation to determine what happened and what caused the breach. They will want to see tangible evidence and documentation that proves the preventative measures you had in place to ward off cyberthreats. If it’s discovered that you failed to put in place the adequate preventative measures that you affirmed you had in place and would continue to maintain on your insurance application, your insurance company has every reason to deny your claim and coverage.

If you have ANY concerns over this – including whether or not you need coverage, whether your coverage is sufficient and whether you are doing what you need to do to avoid an insurance denial, click here to schedule a quick consultation to discuss your current situation and to receive a referral to a cyber insurance expert we recommend.

Further, if you would like us to conduct a FREE cyber security risk assessment to show just how secure and prepared you are for ransomware or a cyber-attack, we can discuss that too! Just click here to schedule a phone consultation.

You may think that cyber attacks only happen to large corporations. But unfortunately, that’s not the case.

According to a recent report, almost two-thirds of small and medium-sized businesses (SMBs) suffered at least one cyber attack over the past year. That’s a staggering number, and it should serve as a wake-up call for businesses everywhere.

But it gets worse.

More and more businesses are also experiencing repeat attacks, with 87% reporting at least two successful attacks over the past year. And on average, a company suffers almost five successful cyber incidents.

Terrifying.

The question is, why are these attacks happening, and what can you do to prevent them?

The most common types of cyber attack that businesses face are malware and ransomware.

Malware is malicious software. It invades your system and can cause all sorts of problems, from slowing down your operations to stealing your data.

Ransomware is even more dangerous as it encrypts your data, making it impossible for you to access it unless you pay a ransom fee. This can be devastating for any business and can lead to significant losses and downtime.

What factors are contributing to more successful attacks?

One reason is the rise in BYOD (Bring Your Own Device). This means employees using their personal devices to access company information, which can be risky.

Another factor is the explosion of productivity apps, which can create security vulnerabilities if not properly secured.

Finally, the number of devices we’re using now means there are more entry points for cyber criminals to exploit.

The good news is that there are steps you can take to protect your business. Here are five solid security steps you can take.

1. Use strong passwords: Passwords are your first line of defence, so make sure they’re strong and unique. Better yet, use a password manager that can create and remember randomly generated passwords
2. Keep software up to date: Software updates often contain security fixes, so make sure you’re always running the latest version. This applies to both your operating system and all applications you use
3. Train your staff: Educate your employees on how to identify phishing emails and other scams. You can also run regular security awareness training sessions to keep everyone up to date
4. Backup your data: Doing this means if you do suffer a cyber attack, you can restore your systems quickly and with less disruption
5. Use antivirus software: This can help protect your systems from malware and other threats. Make sure you’re running a reputable and up-to-date solution

Remember, prevention is always better than cure. Take action today to help you stay protected.

And if that seems like a lot of extra work, let us help. Get in touch today.