Cyber risk
While advancements in technology continue to evolve, so do the challenges of keeping data and network systems safe from emerging cyber threats to this expanding technology landscape. And for every cybersecurity professional, there are a multitude of hackers or hidden risks waiting to sideline productivity.
At Hanover Risk Solutions, we believe that staying on top of cyber risks can help mitigate the damage to your profits and reputation, and we have the tools to help you do so.
What is at risk?
Every organization faces its own set of unique cyber risks. The first step in knowing your business’s level of exposure is understanding where you are vulnerable. The second step is knowing how to protect against risks to keep your business running smoothly. These four areas of exposure can help to determine what could be at risk in your current cyber landscape.
Four factors to consider when evaluating your business for cyber exposure
- 1. Data security
If your data is lost, it can be extremely costly, damaging your business’s reputation and halting your day-to-day activities. Some examples of the information that could be at risk:
- Personally identifiable information (PII)
- Sensitive business information, such as financial information, sales or marketing plans or manufacturing specs
- Copyrights
- 2. Networks and devices
Vulnerabilities can be attacked across your physical devices and software, including:
- Information technology related hardware and systems such as laptops, tablets and cell phones
- Operational technology such as manufacturing systems
- Payment card systems
- Servers
It is essential to identify and respond to attacks while they are happening and before they impact your business's operations.
- 3. Network access
Unauthorized access to your network can result from a disgruntled employee or a via the actions of a careless employee. Additionally, criminals may utilize phishing tactics to persuade unsuspecting employees to willingly turn over credentials.
- 4. Third-party organizations
Having access to data or systems of third-party organizations, such as IT providers or IT integrators, can result in being targeted by cyber attackers. Unknowingly, you may transmit malware to the third-party’s system, resulting in their data loss, encryption of their systems or other damage.
Featured resources
The Hanover CyberSecure Program
The Hanover CyberSecure Program
Keeping data and network systems safe from possible cyberthreats is an ongoing challenge. With the Hanover CyberSecure ProgramTM, we have established partnerships with industry leaders to assist businesses in preventing and responding to cyber incidents. Leveraging the latest in cybersecurity measures, our vendors will help to defend against common cyber tactics and help minimize the impact of a cyber incident.
Cybersecurity portal
Cybersecurity portal
NetDiligence®, an expert cyber risk assessment and data breach services company, provides cyber privacy and security policyholders access to tools and resources to help you understand your exposures, establish a response plan and minimize the effects of a breach on your organization via the Hanover eRiskHub® portal.
Small business cyber planner
Small business cyber planner
Keeping your small business as safe as possible when it comes to cybersecurity can be a monumental task. Fortunately, there's no need to reinvent the wheel. The FCC has created a tool to help you create a plan for your business's cybersecurity, with help for email security, how to help your employees navigate your cybersecurity, awareness of cyberattacks and fraud, and more.
The Hanover CyberSecure ProgramTM
Proactive services to stay ahead of risk
To help you keep an eye on possible threats and protect your business, we offer expertise from vendors specializing in threat detection and data protection including services to address:
- Cybersecurity review
- Dark web monitoring and threat alert
- Data protection and recovery
- Multi-factor authentication
- Identify and contain threats
Responsive services to mitigate loss
To respond when you need it most, The Hanover has built a panel of cyber service providers that can provide trusted guidance expertise and support in the event your business faces a cyber incident with a focus on getting you back to business as quickly as possible. With these partners, you have access to services including:
- Cyber breach response
- Data recovery
- Forensic IT services
- Public relations
We’ve developed the following resources to support your efforts in protecting your technological resources and capabilities and keeping your business up and running.
The Hanover CyberSecure ProgramTM
Proactive services to stay ahead of risk
To help you keep an eye on possible threats and protect your business, we offer expertise from vendors specializing in threat detection and data protection including services to address:
- Cybersecurity review
- Dark web monitoring and threat alert
- Data protection and recovery
- Multi-factor authentication
- Identify and contain threats
Responsive services to mitigate loss
To respond when you need it most, The Hanover has built a panel of cyber service providers that can provide trusted guidance expertise and support in the event your business faces a cyber incident with a focus on getting you back to business as quickly as possible. With these partners, you have access to services including:
- Cyber breach response
- Data recovery
- Forensic IT services
- Public relations